Acquired, not invested in. - Anonymous employee GoCanvas Employee Review

2.0
Feb 26, 2020
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

GoCanvas was acquired by a private equity company, K1 Capital, for 150m. This proves we are a leader in the market and validates the hard work put in. The GoCanvas software itself is an amazing tool that can transform clients businesses but does need some attention to keep up with the competition. The market potential is unlimited. Constant departures, layoffs, and external hiring freezes provide opportunity to progress your title quickly.

Cons

This was an acquisition, not an investment, contrary to internal messaging and comes with the classic pains of a private equity takeover including the need to cut costs wherever possible. Pay is low and stagnant, and even those leaving due to underperformance are seeing significantly better offers.

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GoCanvas Response
6y
Thanks for taking the time to highlight GoCanvas strengths as well as areas of opportunity. We certainly can agree that the tool is transformative for our partners, customers, and future clients! But, we stand firm that the best way to deliver value to our customers is in delivering value to the employees within our walls. I'm sorry you are unhappy, and please know that while we read and respond to all of the reviews, the primary purpose is to bring them back and prioritize initiatives based on the feedback we receive from our valuable team members. We're on it, and we appreciate the time you took to give us some direction here today.

Explore other reviews about GoCanvas

5.0
Oct 16, 2024
Recommend
CEO approval
Business Outlook

Pros

Great management great product great benefits

Cons

Constant change-make sure you can handle it

3.0
Jul 9, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexible PTO (though this is changing). Work-life balance was decent, especially earlier on. My customers were the best part of the role, and I genuinely felt for them as they navigated a significant amount of organizational change.

Cons

I stayed longer than I probably should have because the strongest parts of my experience were early on. After the acquisition, the culture shifted enough that many people started reevaluating their time here. It became more process-heavy, less transparent, and much more rigid than before. Management experiences varied widely. At one point, I went months without a clear direct manager or consistent point of contact, which created confusion around ownership and expectations.

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