Add-on Acquisition • Software

15Five Acquires Kona

On January 28, 2025, 15Five acquired software company Kona

Acquisition Context
  • This is 15Five’s 2nd transaction in the Software sector.
  • This is 15Five’s 2nd transaction in the United States.

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M&A Deal Summary

Date January 28, 2025
Target Kona
Sector Software
Buyer(s) 15Five
Deal Type Add-on Acquisition

Target Company

Kona

United States
Kona is an AI-powered co-pilot that brings together company best practices, meeting insights, and performance review data to save managers time and enable precision coaching that drives team performance.
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Buyer Overview 1

Buyer

15Five

San Francisco, California, United States

Category Company
Founded 2011
Sector Software
DESCRIPTION

15Five is a human-centered performance management platform that creates effective managers, highly engaged employees, and top-performing organizations. From engagement surveys and 1-on-1 tools to performance reviews and OKRs, 15Five is the most complete solution that combines software, education, and community to develop successful managers and unlock peak employee performance. 15Five was founded in 2011 and is based in San Francisco, California.


Deal Context for Buyer #
Overall 2 of 2
Sector: Software 2 of 2
Type: Add-on Acquisition 2 of 2
Country: United States 2 of 2
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-05 Emplify

Fishers, Indiana, United States

Emplify is an employee engagement measurement and improvement software company. Emplify’s data-driven employee engagement improvement solution helps executives and HR leaders make better people decisions and improve business results. Emplify was founded in 2016 and is based in Fishers, Indiana.

Buy $50M