OrgChart, the leading provider of organizational charting software and workforce planning technology, has announced a strategic investment by Resurgens Technology Partners that represents a crucial step into the company’s next stage of development. In accordance with the terms of the agreement, Resurgens Technology Partners will now be the major investor in the company, while Lock 8 Partners continues to invest as a minority investor. Founded in 2013, OrgChart developed from an org chart automation application to be a comprehensive workforce planning solution that currently serves 2,000+ clients to handle a set of increasingly complicated use cases for organizational visualization.
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Tom McCarty, CEO of OrgChart, said, “This new investment represents a powerful validation of the work our team has done to build a product that truly serves our customers in the HR community.” Danny Carpenter, Principal at Resurgens Technology Partners, noted, “OrgChart has built a market-leading product with a clear vision and strong customer loyalty.” Todd Gibby of Lock 8 added, “We continue to see significant opportunity ahead and are excited to remain invested as the company enters its next phase of growth alongside Resurgens.”
