ProductPlan Delivers Strong 2024 Performance: Poised for Continuous Value Creation in 2025

DENVER, Feb. 20, 2025 /PRNewswire/ -- ProductPlan, a market-leading enterprise and mid-market software platform for Product Lifecycle Management announces strong 2024 financial operating metrics and a bullish outlook for 2025. ProductPlan's comprehensive suite includes modules purpose-built for: Strategy, Prioritization, Idea Capture, Roadmapping, and Product Launch used by more than 1000 leading global organizations. Over the past 13 years the company's software, led by its best-in-class Product Roadmap tool, has empowered clients to deliver on more than 800,000 roadmaps and 22,000,000 strategic initiatives using the platform. In 2024, the company accomplished a major growth equity round of financing, record sales bookings and contract wins, new Fall Product Release, and veteran SaaS executives onboarded to drive growth and operational scale. 

Ben Jubenville, President and CEO of ProductPlan stated, "I'm extremely pleased with our results across every dimension of the company in 2024. It's been a fantastic year rolling out major product enhancements and closing record-breaking Fortune 500 client contracts. Further, we have launched new AI driven capabilities in collaboration with key client inputs for supporting our global customer base." Jubenville then said, "We know that product teams are busy, and engineers are expensive. That's why they need a straightforward platform proven to increase productivity and ensure engineers are focused on the right areas, so they stay on time and on budget."

2024 ProductPlan Company Highlights:

• Closed Largest Enterprise Sales Deal in Company History
• Expanded Strategic Account Footprint by 23%
• Delivered on Extensible Product Strategy Including AI generated executive roadmaps, AI opportunities and cascading OKR's
• Improved Gross Retention Y/Y by 35 full percentage points
• Winter 2025 release launching this month including: AI-suggested initiatives, multi-instance ADO support, in-app notifications, and advanced idea capture.
• Published 10th Annual "State of Product Management" report

Joe Graham, SVP Technology at ProductPlan said, "We continued in FY 2024 to deliver on our most expansive and consequential product announcements in company history. Our Fall and Winter releases of strategic features will arm our Global 2000 clients with an accurate vision of the "big picture" impacts of internal digital innovation and improved product decision enablement."

About ProductPlan
ProductPlan, backed by Bow River Capital's Software Growth Equity Fund, is a market-leading, cloud-based product management platform. ProductPlan empowers product teams to streamline their processes through its user-friendly interface, robust solutions for each stage of the product development lifecycle, and seamless integrations with other tools. Companies of all sizes and across a range of industries trust ProductPlan to improve visibility and execution of their product strategies, reduce risk, and accelerate time to market.

Learn more at ProductPlan.com or follow the company on LinkedIn. 

ProductPlan Media Contact
Erica Franklin
[email protected]

SOURCE ProductPlan