350m openview partners iconiq 3b lundentechcrunch

350M OPENVIEW PARTNERS ICONIQ 3B LUNDENTECHCRUNCH PRO

And more recently, it has seen a boost, specifically in the last twelve months, as new Calendly users have emerged, as a result of how we are living. Calendly is already profitable, and it has been for years. The wide range of its use cases, and the virality of that growth strategy, have been winners. Its growth, meanwhile, has to date been based mostly around a very organic strategy: Calendly invites become links to Calendly itself, so people who use it and like it can (and do) start to use it, too.

350M OPENVIEW PARTNERS ICONIQ 3B LUNDENTECHCRUNCH PRO

Pricing ranges from free (one calendar/one user/one event) to premium ($8/month) and pro ($12/month) for more calendars, events, integrations and features, with bigger packages for enterprises also available. It’s a platform that provides a quick way to manage open spaces in your calendar for people to book appointments with you in those spaces, which then also books out the time in calendars like Google’s or Microsoft Outlook - with a growing number of tools to enhance that experience, including the ability to pay for a service in the event that your appointment is not a business meeting but, say, a yoga class. Not bad for a company that before now had raised just $550,000, including the life savings of the founder and CEO, Tope Awotona, to initially get off the ground.Ĭalendly is a freemium software-as-a-service, built around what is essentially a very simple piece of functionality. The funding round includes both primary and secondary money (slightly more of the latter than the former, from what I understand) and values the Atlanta-based startup at over $3 billion. Today comes news from a startup that has been a part of that trend: Calendly, a popular cloud-based service that people use to set up and confirm meeting times with others, has closed an investment of $350 million from OpenView Venture Partners and Iconiq. The “future of work” - cloud services, communications, productivity apps - has become “the way we work now.” And companies that have identified ways to help with this are seeing a boom. One big theme in tech right now is the rise of services to help us keep working through lockdowns, office closures, and other Covid-19 restrictions.

350m openview partners iconiq 3b lundentechcrunch