Overview

Jellyfish offers a platform that integrates business and financial strategy into the Software Development Life Cycle (SDLC). It provides insights into engineering efforts, helping businesses improve planning and decision-making while identifying bottlenecks to enhance operational efficiency. The platform tracks deliverable progress and combines quantitative and qualitative data to assess team health and performance. Jellyfish stands out by aligning engineering metrics with business goals, aiming to ensure that software development teams deliver value effectively.

Simplify's Take

What believers are saying

• Increased demand for aligning engineering with business objectives boosts Jellyfish's market potential.
• Availability on AWS Marketplace simplifies procurement, expanding Jellyfish's customer reach.
• Free Developer Experience product enhances team health, attracting more users to the platform.

What critics are saying

• Free DevEx product may cannibalize existing paid offerings, affecting revenue.
• New managing director could lead to strategic shifts, causing internal disruptions.
• Privacy concerns with Jellyfish Benchmarks may affect customer trust and retention.

What makes Jellyfish unique

• Jellyfish aligns engineering efforts with business goals, enhancing strategic decision-making.
• The platform offers unique insights into engineering data, improving planning and forecasting.
• Jellyfish Benchmarks provides comparative performance data, setting it apart in engineering management.

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Funding

Total Funding

$114M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:

Tiger GlobalInsight PartnersAccel

Notable Investors:

Tiger GlobalInsight PartnersAccel

$71,000,000

Series C

Feb 2022

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.

Series C Funding Comparison

Above Average

Industry standards

Ind Avg. $50M

$16M

$40M

$50M

$62M

$71M

$100M

View all funding stages