![]() Despite this massive success and the huge milestone that this Series B represents, we believe Calendly is just getting started. With over 100 million meetings scheduled in 2020, Calendly is becoming ubiquitous as a product, and increasingly synonymous with scheduling and calendar management. Calendly, an Atlanta -based provider of appointment scheduling software, recently announced it has closed a 350 million investment from investors like OpenView Venture Partners and Iconiq Capital, putting its value at more than 3 billion. Meetings and appointments are inherently viral, and Calendly’s PLG strategy leverages this virality to drive user acquisition. It even expands outside the professional realm to address my personal and prosumer use cases.Ĭalendly has a unique ability to penetrate this global market opportunity due to its highly efficient product led growth (PLG) strategy. This universal pain point leads to a massive global market opportunity because meeting scheduling touches so many industries, use cases, and business processes. Everyone hates the back-and-forth emails it takes to schedule a meeting. The future of work cloud services, communications, productivity apps has become the way we work now. The Calendly funding round was led by OpenView Venture Partners, a Boston-based expansion-stage firm and existing investor, with participation from San Fransisco-based. ![]() When we began working with Calendly’s Founder/CEO Tope Awotona, we were compelled by sheer size of the opportunity. 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. Calendly has raised a 350 million investment, valuing the company at more than 3 billion as business booms for tech founders who service people who work and study from home. The round was raised on a valuation of more than 3 billion, according to the Atlanta Business Journal. We’ve been consistently impressed by Calendly’s performance, and we’re beyond excited to deepen our partnership with this significant investment. The round was led by OpenView Venture Partners and included Iconiq Capital. Plus, they had a 14-day premium plan trial option available for all new users. Now, Awotona has his sights set on $1 billion in revenue, he said in the announcement.We are thrilled to announce that Calendly has closed a $350M Series B, led by OpenView.Ĭalendly has been a part of the OV family since our original investment in August of 2017. Calendly, a cloud-based scheduling startup, recently announced that it has raised 350M in Series E funding from Sapphire Ventures and Iconiq Growth. Calendly tested several price points for different packages, ranging from 5 to 10 monthly per user, and ended up sticking to a free plan and a premium plan at 8/month billed annually or 10/month billed monthly. How Calendly Attracted Their First 1000 Customers (2013) Calendly’s Top 3 Success Elements Six months and 200K later, Awotona launched Calendly’s MVP (Minimum Viable Product) in 2013, and he never looked back since. ![]() In about five years after its launch, Calendly was seeing a 100% growth rate with more than 30 million people using the software. The big story: Calendly valued at 3B Calendly, which helps users schedule and confirm meeting times, has raised 350 million from OpenView Venture Partners and Iconiq. 350m openview partners iconiq 3b lundentechcrunch. ![]() This fundraising round is Calendly’s first since receiving $550,000 from local firm Atlanta Ventures and OpenView, according to a Calendly spokesperson.Īwotona founded Calendly in 2013 at the Atlanta Tech Village, a startup incubator started by serial software entrepreneur David Cummings.Ĭummings provided Calendly with its first investment through Atlanta Ventures, which is also based in the Village. “While we considered outside investment an unnecessary distraction, we made the decision to partner with OpenView and Iconiq because of their insight and extended network within the tech industry,” Awotona continued in the announcement. “Our profitable, unique, product-led growth model has led to Calendly becoming the most used, most integrated, most loved scheduling platforms for individuals and large enterprises alike,” said CEO Tope Awotona, who was named an Atlanta Business Chronicle 40 Under 40 honoree.
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