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About WalkMe
Industries
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$299.1M
Headquarters
San Francisco, California
Founded
2011
Overview
WalkMe specializes in Digital Adoption Platforms (DAP) that enhance user experiences for employees and customers. The platform works by overlaying visual cues and personalized content on websites or enterprise software, which helps users with onboarding, training, and provides real-time contextual guidance. This approach allows users to navigate complex systems more easily and effectively. Unlike many competitors, WalkMe focuses on continuous support and updates through a subscription-based model, ensuring that clients receive ongoing assistance. The goal of WalkMe is to improve enterprise productivity and user engagement by making digital adoption more efficient in the modern workplace.
Simplify's Take
What believers are saying
- Increased demand for digital adoption platforms post-pandemic boosts WalkMe's market potential.
- SAP acquisition provides WalkMe with resources and integration opportunities within SAP's ecosystem.
- Launch of WalkMeX AI copilot enhances user engagement with contextual guidance.
What critics are saying
- Integration challenges with SAP systems could delay synergy realization post-acquisition.
- Intensifying competition from players like Whatfix and Pendo threatens market share.
- Economic uncertainties may lead to reduced enterprise spending on digital adoption solutions.
What makes WalkMe unique
- WalkMe offers a code-free platform for digital adoption, simplifying user experiences.
- The platform provides real-time contextual guidance with visual cues and personalized content.
- WalkMe's subscription model ensures continuous support and updates for enterprise clients.
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Funding
Total Funding
$299.1M
Above
Industry Average
Funded Over
9 Rounds
Insight PartnersBenefits
Comprehensive Health Care Coverage for Medical, Dental, and Vision for our Employees and Families
401(k) with company matching program
Parental Leave programs
Vacation policy to encourage a healthy work-life balance
WalkMe offices are open during Covid-19 for those who chose to come (vaccines required) with in-person and virtual social activities to promote positive employee engagement
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -2%WalkMe were winners of the 'Best AI-powered Workflow Solution' award at The 2024 A.I. Awards.
Together with Yam Regev, I started and ran Zest, which was acquired by WalkMe in 2021.
Zalaris announces strategic partnership with WalkMe to boost workflow efficiency.
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. I’m a writer and always have been. My writing skills are undeniably central to my career as an in-house public relations leader and communications strategist. Admittedly, I scoffed at the notion of generative AI coming for my job. How could a soulless machine match my creative prowess? Eventually, I realized the threat to my career did not come from AI, but from my reluctance to adopt it. Like many, I’ve been working for AI companies for years
SAP is allowed to acquire the Israeli software company Walkme, as approved by the German Federal Cartel Office. The acquisition, valued at $1.5 billion (€1.38 billion), faces no significant competitive concerns. SAP announced the acquisition in early June, aiming to enhance its offerings like Signavio and LeanIX. The Cartel Office noted that Walkme will still face competition post-acquisition. SAP expects to finalize the deal in Q3.
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About WalkMe
Industries
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$299.1M
Headquarters
San Francisco, California
Founded
2011
WalkMe is Hiring for 38 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to WalkMe