Today I’m excited to welcome OfficeTogether to Envoy as our latest strategic acquisition in building the future of work! I am reminded of the early days of founding Envoy when I saw what OfficeTogether had been able to accomplish in two short years. A small team hustling to deliver a platform in a fast-changing industry, with elegant tech, well-known customers and a strong culture of rapid iteration. I knew that together, we could do so much more for the workplace as one company. The OfficeTogether team will accelerate our development of a more thoughtful, community-oriented workplace with a number of strategic product initiatives.
Category: News
OfficeTogether joins Team Envoy: A Thank You from the Founder
After two wild years of pandemic-fueled growth, I’m proud to announce that OfficeTogether has been acquired by Envoy, a leading workplace platform. As a small team of 17, we served thousands of users across the US, Canada, Europe, India and South America, built industry-leading hybrid work tech and were featured in top publications like WSJ and CNBC for our insights into the bleeding edge of flexible working trends.
The Case for Triller: The TikTok Competitor Approaching Unicorn Status, And Getting Big Breaks
Fresh off of closing a $50 million round that valued the company at $300 million, Triller – headquartered in L.A. and with offices in New York, London and Paris – is now seeking $250 million at a valuation of $1.25 billion, according to executive chairman Bobby Sarnevesht. The short-form, user-generated video sharing app’s momentum has picked up lately thanks to increased usage during the pandemic and the troubles of TikTok.
“The numbers look crazy recently,” said Anis Uzzaman, chief executive of Pegasus Tech Ventures, which invested several million dollars in the $50 million round. Those numbers include 120 million total downloads and 60 million monthly active users, Sarnevesht told dot.LA.
Triller’s user count is now close to what Musical.ly’s (now TikTok) was back when it was acquired by Chinese conglomerate ByteDance in 2017, and as TikTok comes under more regulatory scrutiny, Uzzaman predicts that Triller will become “the American TikTok.”
The Bank of SaaS Has $400 Million More to Lend
Investor enthusiasm for cloud-software companies may have cooled from its heyday last year. But some investors think there’s money to be made in lesser-known startups.
Capchase Announces Integration with Stripe
Alternative To Venture—Capchase Raises $400M In Debt
New York-based Capchase—which is no stranger to large debt raises—closed its largest debt round to date, locking up $400 million to provide funding to startups.
“Ric Flair: The Last Match” three-part docuseries to debut next week
Thuzio, acquired by Triller in 2021, is a marketplace for premium events & entertainment. Trusted by more than 500 corporate clients, Thuzio helps businesses plan, book, and execute virtual and in-person
experiences. Thuzio’s national event series provides unrivaled access to sports icons and legends in
Strictly VC
Profasee, a year-old, Miami-based dynamic pricing platform for digitally-driven brands on Amazon, has raised $2.3 million in seed funding led by defy.vc. The venture firm had previously backed Profasee founder Chad Rubin in another venture (an e-commerce operations platform called Skubana that was acquired last year). Refresh Miami has more here.
The most active VC investors in Q2 2021 are pumping the brakes
– Profasee, a Miami-based pricing platform, raised $2.3 million in seed funding led by defy.vc.
Profasee raises $2.3M seed round, launches Amazon price optimization platform
In an exclusive interview with Refresh Miami, Profasee CEO and founder Chad Rubin announced that he is taking the company out of stealth mode, with a $2.3M seed fundraise in tow. This round was led by Silicon Valley investor defy.vc. Profasee’s 11-person team plans to use this funding to supercharge its product development roadmap and make some strategic hires, including data scientists and a go-to-market expert, said Rubin.