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Planview

Planview, Inc. is an American enterprise software company headquartered in Austin, Texas, that develops and provides AI-powered platforms for strategic portfolio management (SPM) and digital product development (DPD), enabling organizations to plan, execute, and optimize projects, portfolios, resources, and agile workflows across business, technology, and transformation initiatives.^[1] Founded in 1989, Planview initially focused on delivering client-server-based project and resource management systems, evolving into a comprehensive solution provider for connected work environments.^[1] The company has grown significantly through strategic acquisitions, including LeanKit in 2017 for lean and agile visualization tools, Spigit in 2018 to enhance idea and innovation management, Aptage in 2020 for AI-driven project prioritization, Clarizen and Changepoint in 2021 to bolster professional services automation and enterprise work management, and Tasktop in 2022 for value stream management capabilities.^[2] In November 2020, Planview was acquired by private equity firms TPG Capital and TA Associates from Thoma Bravo in a $1.6 billion transaction, which supported further product innovation and global expansion.^[3] Under CEO Razat Gaurav, Planview emphasizes building the digital future of connected work, with a mission to empower leaders in accelerating project and product delivery.^[1] As of 2025, Planview operates with over 1,500 employees worldwide and serves more than 4,500 customers, supporting 3.1 million users across industries such as finance, healthcare, and technology.^[1] Its flagship offerings include Planview Portfolios for intelligent prioritization and standardization of project portfolios, Enterprise Agile Planning for scaling agile practices, and Value Stream Management for optimizing software delivery pipelines, all integrated with advanced AI features like the recently introduced Planview Anvi for enterprise-wide intelligence.^[4] The company achieved annual recurring revenue exceeding $400 million as of 2023^[5] and total revenue is projected to approach $500 million in 2025, fueled by customer adoption of AI innovations and new logo growth.^[6] Planview has been recognized as a Leader in the 2025 Gartner® Magic Quadrant for Strategic Portfolio Management and Adaptive Project Management and Reporting Tools.^[1]

History

Founding

Planview was founded in 1989 in Austin, Texas, by Patrick Durbin, who is recognized as a pioneer in the field of project and portfolio management (PPM).^[7]^[8] Durbin established the company with a vision to address the growing needs of organizations for structured project oversight in an era of increasing business complexity.^[9] From its inception, Planview focused on developing PPM software to enable organizations to plan, track, and manage projects effectively.^[1] The company's early offerings centered on client-server systems that provided foundational tools for project and resource management, helping businesses handle the demands of large-scale initiatives.^[10]^[11] Planview's initial emphasis was on enterprise-level solutions tailored for resource allocation and portfolio oversight, allowing companies to optimize staffing for complex projects and align resources with strategic goals.^[1] This approach positioned the company as an early innovator in integrating technology for comprehensive PPM, setting the stage for its role in enterprise software.^[12]

Growth and Milestones

Planview has experienced significant expansion since its early years, evolving from a nascent software provider into a global enterprise with over 1,500 employees by 2025, supporting more than 3,000 customers and 3.1 million users worldwide.^[1] This growth reflects steady revenue increases, from surpassing $10 million in 2000 to exceeding $400 million in annual recurring revenue by 2023, driven by broader adoption of its portfolio management solutions across industries.^[1] The company's workforce expanded notably in the 2010s and 2020s, reaching over 600 employees by 2016 and continuing to scale to meet global demand.^[1] A key operational milestone was the relocation and enhancement of its headquarters in Austin, Texas, which solidified the city as a central hub for innovation and operations. In 2016, Planview moved into a new 51,000-square-foot facility in Austin, accommodating its growing team and supporting expanded research and development efforts.^[1] This move underscored the company's commitment to fostering a collaborative environment amid rapid scaling, with additional global offices established to serve international markets. Significant product milestones marked Planview's technological evolution, particularly up to the mid-2010s. The launch of the Planview Enterprise Suite in 2006 introduced an integrated platform for project portfolio and resource management, enabling enterprises to align strategies with execution more effectively.^[1] Building on this, Planview Enterprise 12 debuted in 2016, featuring enhanced user interfaces and capacity planning tools that improved team collaboration and decision-making.^[1] Throughout the 2010s, the company shifted toward cloud-based solutions, with initiatives like the SaaS model in 2008 and migration programs by 2017 facilitating smoother transitions for customers to hosted environments, enhancing scalability and accessibility.^[1]^[13]

Ownership

Historical Changes

Planview received its first major external investment in December 2013 when Insight Venture Partners acquired a substantial interest in the company, enabling accelerated growth through international expansion and increased adoption of its software solutions.^[14]^[1] In January 2017, private equity firm Thoma Bravo acquired Planview from Insight Venture Partners, becoming the majority shareholder and providing resources to enhance product development and support further market expansion.^[15]^[16] In November 2020, Planview was sold to TPG and TA Associates for $1.6 billion, with Thoma Bravo retaining a minority stake in the company.^[3]^[17]^[18]

Current Structure

Planview operates as a privately held company, primarily backed by private equity firms TPG Capital and TA Associates following their $1.6 billion acquisition in December 2020.^[19] This ownership structure has provided stable funding for expansion while maintaining a focus on strategic portfolio management solutions.^[20] In the years following the 2020 acquisition, Planview underwent a significant leadership transition to align with its growth objectives under private equity guidance. Former CEO Greg Gilmore stepped down shortly after the deal closed, paving the way for Razat Gaurav to assume the role of Chief Executive Officer in May 2021; Gaurav brought over two decades of enterprise software experience to drive acceleration in product innovation and market expansion.^[21] The executive team, as of 2025, includes key figures such as Chief Technology Officer Mik Kersten, Chief Product Officer Louise K. Allen, Chief Customer Officer Jason Morio, and Chief Financial Officer Chris Nester, among others, emphasizing expertise in technology, customer engagement, and operations.^[22] The board of directors, influenced by the private equity backers, is chaired by Mark Fields, former President and CEO of Ford Motor Company, who joined in 2021 to provide strategic oversight on global transformations.^[23] Planview maintains global operations with approximately 1,684 employees as of 2025, distributed across offices in the United States, Europe, and Asia to support its international customer base.^[20] Headquartered in Austin, Texas, the company has key facilities including its EMEA headquarters in Sweden, additional European sites in Germany and the United Kingdom, and Asia-Pacific operations centered in Singapore with a major innovation center in Bengaluru, India.^[24] Organizationally, Planview is structured around core divisions for software development—led by the Chief Technology Officer and Executive Vice President of Development—and customer support, encompassing field operations and professional services under the President of Field Operations and Chief Customer Officer, enabling efficient delivery of its AI-driven platform worldwide.^[22]

Acquisitions

Pre-2020 Acquisitions

Planview's pre-2020 acquisitions from 2014 to 2018 strategically expanded its project portfolio management (PPM) capabilities by integrating collaborative tools, enterprise architecture, cloud-based solutions, agile workflows, and innovation management, forming a more comprehensive work and resource management ecosystem.^[1] In 2014, Planview acquired Projectplace, a Stockholm-based collaborative project management platform, to combine portfolio and resource management with tools for structured and unstructured projects, including Gantt charts and Kanban boards.^[25] This acquisition enhanced PPM by enabling better alignment between strategic planning and team-level execution, supporting both traditional and agile methodologies across enterprises.^[25] The 2015 acquisition of Troux Technologies, an Austin-based provider of enterprise architecture management software, advanced Planview's IT portfolio management offerings by integrating capability and technology management with existing PPM tools.^[26] This move allowed CIOs and enterprise architects to optimize resources, including people, finances, and technology, in a unified platform, thereby improving strategic IT decision-making and business outcomes in dynamic environments.^[26] In 2016, Planview acquired Innotas, a San Francisco-based cloud PPM provider, to extend its IT PPM leadership into small- and mid-sized organizations, particularly in IT and professional services sectors.^[27] The integration of Innotas' mid-market solutions with Planview Enterprise broadened access to scalable cloud-based PPM, recognized as a leader in Gartner's 2016 Magic Quadrant for Cloud-Based IT PPM Services, thus enhancing flexibility and adoption across diverse organizational sizes.^[27] Planview's 2017 acquisition of LeanKit (now AgilePlace), a Franklin, Tennessee-based visual workflow platform, introduced enterprise Kanban boards and agile process tools to support application development, DevOps, and IT operations.^[28] This bolstered PPM by scaling agility enterprise-wide, enabling faster delivery of customer value through improved planning and workflow visualization in lean and agile environments.^[28] Finally, in 2018, Planview acquired Spigit (now IdeaPlace), a global innovation management software leader serving over six million users in 170 countries, to incorporate crowdsourcing and idea management features powered by collective intelligence and machine learning.^[29] This addition strengthened PPM's innovation capabilities by complementing project and product portfolio management, accelerating time-to-market, and fostering employee engagement through structured ideation processes.^[29]

2020s Acquisitions

In July 2020, Planview acquired Aptage, a pioneer in applying artificial intelligence (AI) and machine learning (ML) to portfolio and work management, enhancing its offerings with industry-specific project portfolio management (PPM) accelerators that provide predictive insights into project risks and outcomes across Agile and traditional methodologies.^[30] This move bolstered Planview's AI capabilities, enabling better forecasting and decision-making for customers in diverse sectors.^[30] The year 2021 marked significant expansion through the acquisitions of Clarizen and Changepoint, both completed on February 23. Clarizen brought advanced project management tools focused on work and resource optimization, while Changepoint added professional services automation (PSA) solutions for streamlined billing, forecasting, and client delivery.^[2] Together, these deals created a more comprehensive platform for enterprise work management, supporting over 4,500 customers and accelerating digital transformations in a post-pandemic landscape.^[2] In May 2022, Planview announced the acquisition of Tasktop, completed in July, which introduced pioneering value stream management (VSM) capabilities for integrating DevOps tools and providing real-time visibility into product delivery flows.^[31] Tasktop's platform, with its emphasis on connecting disparate systems, enhanced Planview's ability to help organizations achieve faster business outcomes and operational efficiency in software development.^[31] Planview further strengthened its software delivery ecosystem in September 2024 by acquiring Plutora, a provider of VSM and release orchestration tools that measure and manage pipelines to improve speed, quality, and compliance in large-scale deployments.^[32] This integration with Planview's existing Flow Metrics expanded end-to-end visibility, reducing bottlenecks and enabling quicker time-to-market for digital products.^[32] In February 2025, Planview acquired Sciforma, a established PPM provider with a strong European footprint, to solidify its leadership in portfolio management and expand its global customer base.^[33] Sciforma's solutions catered to varying PPM maturity levels, particularly enhancing Planview's international presence and innovation in Europe while ensuring seamless customer transitions.^[33]

Software and Solutions

Core Platform

The Planview Platform for Connected Work serves as the foundational architecture for Planview's enterprise solutions, launched in July 2023 as an end-to-end system designed to integrate Strategic Portfolio Management (SPM) and Digital Product Development (DPD). This platform enables organizations to align strategy with execution by providing a unified environment for planning, delivery, and optimization of work across portfolios, programs, and teams. It addresses the complexities of modern enterprises by converging traditional portfolio management with agile and value stream methodologies, allowing for seamless visibility and control over business transformations.^[34] At its core, the platform relies on a unified data fabric that acts as an extensible semantic layer, incorporating over 60 connectors for real-time data synchronization from diverse systems. This model supports prioritization of initiatives, resource optimization, and outcome tracking by normalizing data across business units, ensuring consistent insights without the need for custom integrations. By centralizing work intelligence, it facilitates cross-functional collaboration and reduces silos, enabling leaders to model scenarios and allocate resources dynamically based on strategic objectives.^[35] In 2025, Planview enhanced the platform's capabilities with the introduction of Planview Anvi™, an AI solution tailored for connected work that embeds predictive analytics, automation, and decision support directly into workflows. Anvi leverages domain-specific knowledge and contextual data to anticipate challenges, recommend optimizations, and automate routine tasks, such as resource forecasting and risk mitigation. This integration empowers enterprises to accelerate delivery cycles while maintaining alignment with overarching goals, drawing on Planview's extensive dataset from millions of users to deliver actionable intelligence.^[36]

Project Portfolio Management Tools

Planview offers a suite of project portfolio management (PPM) tools designed to help organizations select, prioritize, budget, and execute projects in alignment with strategic objectives. These tools provide capabilities for optimizing portfolios, managing resources, and ensuring financial oversight, enabling PMOs to balance demand against capacity effectively.^[4] Planview Portfolios, formerly known as Planview Enterprise One, serves as an enterprise-grade PPM solution that aligns projects with strategic goals through advanced scenario planning and financial modeling. It facilitates investment prioritization by allowing users to rank and analyze investments using what-if scenarios, while demand management features collect and evaluate project requests across the organization. For budgeting, the tool supports setting financial targets, forecasting costs and benefits, and tracking actuals against budgets at the portfolio level. In execution, it enables program management with timeline planning, milestone tracking, cost oversight, and dependency management to ensure on-time and on-budget delivery. Strategic alignment is achieved by translating organizational missions into departmental investments and incorporating objectives and key results (OKRs) for goal-oriented prioritization. Scenario planning allows comparison of alternatives for staffing, timing, and resource allocation, while financial modeling supports incremental funding decisions and visualizes impacts on outcomes.^[37] PPM Pro is a cloud-based PPM tool tailored for mid-market organizations, emphasizing standardized processes and robust reporting to streamline project selection, budgeting, and execution. It centralizes portfolio management by collecting project requests, prioritizing initiatives based on strategic value, and optimizing program portfolios to balance capacity against demand. Budgeting capabilities include detailed financial tracking for informed decision-making, with tools to monitor costs and benefits across projects. For execution, PPM Pro provides structured workflows that promote consistency in project delivery, supported by real-time dashboards that offer views from high-level summaries to granular details on status, interdependencies, and financials. This standardization has been noted for enhancing operational efficiency in organizations like Parkview Health and Purdue University.^[38] Projectplace functions as a collaborative platform focused on team-based project delivery, incorporating real-time updates and document sharing to support PPM execution. It enables teams to plan projects using integrated Gantt charts and task scheduling, while facilitating real-time progress tracking through mobile-accessible updates and communication tools. Document sharing is streamlined with version control, review workflows, and integrations to services like Google Drive and Microsoft Teams, ensuring secure collaboration for dispersed teams. In the context of PPM, Projectplace aids workload analysis and portfolio optimization by providing dashboards for monitoring project health and resource allocation.^[39] Sciforma, acquired by Planview in February 2025, is an adaptive PPM software solution that supports IT PMOs, product development teams, and public sector agencies with flexible project and resource management. It enhances Planview's offerings by providing advanced portfolio planning, broader resource optimization, and customizable workflows to address diverse organizational needs, integrating seamlessly with the Planview Platform for Connected Work to strengthen global strategic portfolio management capabilities.^[33]

Agile and Value Stream Management Tools

Planview offers a suite of tools designed to support agile methodologies and value stream management, enabling organizations to enhance software delivery through iterative planning, visual workflows, and end-to-end visibility. These solutions integrate agile practices with broader strategic portfolio management to facilitate faster time-to-market and improved flow efficiency.^[40] Planview AdaptiveWork, formerly known as Clarizen, provides enterprise-scale agile capabilities, including backlog prioritization, sprint planning, and Kanban-style workspaces for task management. It supports hybrid work environments by accommodating agile, Scrum, and traditional methods, allowing teams to roll up delivery data from external systems like Jira. The platform's interactive portfolio roadmaps enable visualization of strategies grouped by products, teams, programs, or customers, promoting alignment across large-scale agile initiatives.^[41] For visual work management, Planview AgilePlace (formerly LeanKit) delivers enterprise Kanban boards that visualize workflows from strategy to delivery, incorporating Lean metrics to promote continuous flow. It supports hybrid agile-waterfall environments by scaling delivery across teams while maintaining alignment with strategic objectives, and includes features like drag-and-drop cards, work-in-progress limits, and dependency visualization to identify and resolve bottlenecks. Collaboration tools such as card comments, @mentions, and notifications enhance team coordination, with integrations to tools like Jira and Azure DevOps ensuring seamless data flow. Advanced reporting provides customizable analytics, including Objectives and Key Results (OKRs), to track progress and optimize productivity.^[42] Planview's Value Stream Management (VSM) offerings leverage integrations from acquired technologies Tasktop and Plutora to enable comprehensive flow metrics, bottleneck identification, and software delivery orchestration. Tasktop, acquired in 2022, provides model-based integrations with over 60 out-of-the-box connectors, facilitating real-time data synchronization and end-to-end traceability across toolchains. Plutora, acquired in 2024, enhances these capabilities with automated workflows for release, test, and environment management, supporting lean-agile practices in complex software delivery processes. Together, these integrations power AI-driven features like the Flow Framework® for measuring speed and efficiency, and the Bottleneck Finder for pinpointing constraints with actionable insights, ultimately optimizing business value delivery.^[40]^[43]^[44]

References

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About Us - Planview
Planview has one mission: to build the digital future of connected work and empower business, technology, and transformation leaders.
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Planview Completes Acquisitions of Clarizen and Changepoint
Feb 23, 2021 · The close of the transactions closely follows Planview's acquisition in December 2020 by TPG Capital and TA Associates, whose investment has ...
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TPG and TA Associates to Acquire Planview from Thoma Bravo for ...
TPG Capital and TA Associates will acquire the company for a purchase price of $1.6 billion. Planview's existing majority shareholder, Thoma Bravo, will retain ...
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Project Portfolio Management Software - PPM Tools - Planview
Planview's AI-powered project portfolio management solution enables project and portfolio leaders to intelligently prioritize, centralize, and standardize ...Why Planview? · See Planview In Action · Planview Is A Trusted...
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Planview | IT History Society
Founded in 1989 by visionary and CEO Patrick Durbin, Planview is recognized as "an undeniable leader in the PPM market" in the Forrester Wave: Project Portfolio ...
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Author Bios - Taming Change with Portfolio Management
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Pat Durbin Board Member - Selah, Bamberger Ranch Preserve
Pat got his professional start in the computer software industry and is the founder of Planview, Inc., headquartered in Austin, Texas.Missing: history | Show results with:history
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INDUSTRY. Software & Tech Services ; SUB-INDUSTRY. Software ; INCORPORATED. 03/16/1989 ; ADDRESS. 12301 Research Blvd Research Park Plaza V, Ste 101 Austin, TX ...
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Founded in 1989, Planview is a global enterprise software company that specializes in integrated project and workforce management.
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Austin software maker Planview acquired by Chicago private equity ...
Jan 18, 2017 · Founded in 1989, Planview sells software that helps companies map out and track employees. The company has grown by buying smaller project ...
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Jun 5, 2012 · What cloud framework works best for your organization and why? See how we've been able to create a proven enterprise software SaaS solution.Missing: 2010s | Show results with:2010s
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Planview Cloudlift Program - IT PPM Software
Jan 23, 2017 · CloudLift is a proven approach to migrating Planview Enterprise and Troux from on-premises to the hosted Planview cloud.Missing: 2010s | Show results with:2010s<|separator|>
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Planview Attracts Significant Investment From Insight Venture Partners
Dec 30, 2013 · Planview's 23-year history has been marked by product innovation and customer success in the project portfolio management (PPM) market. The ...
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Thoma Bravo has entered into a definitive agreement to acquire Planview from Insight Venture Partners.
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Jan 27, 2017 · Thoma Bravo LLC, a leading private equity investment firm, today announced that it has completed its acquisition of Planview, the global leader ...
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Thoma Bravo Completes Acquisition of Planview
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TPG and TA Associates Close on $1.6 Billion Planview Acquisition ...
Dec 18, 2020 · TPG and TA Associates acquired Planview for $1.6 billion from Thoma Bravo, who retained a minority interest. The CEO will step down.
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https://newsroom.planview.com/tpg-and-ta-associates-close-on-1-6-billion-planview-acquisition-from-thoma-bravo/
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TPG and TA Associates Close on $1.6 Billion Planview Acquisition ...
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Information on valuation, funding, acquisitions, investors, and executives for Planview. Use the PitchBook Platform to explore the full profile.<|control11|><|separator|>
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Planview Names Razat Gaurav as Chief Executive Officer
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Planview Leadership
Planview's leadership team is a dedicated group consisting of experienced executives, field veterans, and even a previous customer.
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Planview Welcomes Mark Fields as Chairman of the Board of Directors
Mark Fields, former CEO of Ford, is the new Chairman of Planview's Board. He has experience in strategic transformations and leadership at global businesses.
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About Projectplace - Planview
Planview acquired Projectplace in 2014, bringing together industry-leading Portfolio and Resource Management and collaborative work management solutions.
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Planview Acquires Troux to Provide IT Leaders with a Complete ...
Planview has acquired Troux to advance the company's IT portfolio management offering and enable CIOs and other IT leaders to effectively manage the strategy ...
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Planview Acquires Innotas, Extending Its IT PPM Leadership into the ...
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In 2017, Planview established a firm foothold in Lean and Agile with its acquisition of LeanKit (now AgilePlace). The addition of the Lean and Agile ...
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May 18, 2022 · Planview, a global leader in Portfolio Management and Work Management, today announced that the company has entered into a definitive agreement to acquire ...
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Planview Acquires Plutora
Sep 18, 2024 · Planview, the leading end-to-end platform for Strategic Portfolio Management (SPM) and Digital Product Development (DPD), today announced it has completed its ...
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Planview Introduces Planview Anvi™, Next Generation Enterprise AI ...
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Planview Portfolios (formerly Planview Enterprise One)
Project Portfolio Management. Helps PMOs optimize program and project portfolios, balance capacity against demand, prioritize work, focus resources, and empower ...
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Planview PPM Pro Project Portfolio Management Software
Planview PPM Pro helps collect, prioritize, and execute projects, centralizing portfolios, optimizing program portfolios, and balancing capacity against demand.
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Planview ProjectPlace Collaborative Work Management Software
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Value Stream Management Software - Planview
Planview's AI-powered value stream management solution enables CIOs and Transformation Leaders to align technology and the business with the right metrics and ...
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with Planview ® AgilePlace enterprise Kanban software
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Plutora was a leading provider of digital product development solutions that enabled enterprises to accelerate software delivery.