calendly 350m partners iconiq 3b lundentechcrunch

#Calendly 350m partners iconiq 3b lundentechcrunch software
#Calendly 350m partners iconiq 3b lundentechcrunch professional
#Calendly 350m partners iconiq 3b lundentechcrunch series

#Calendly 350m partners iconiq 3b lundentechcrunch software

The demand for cloud-based appointment scheduling software is such that the North American market is projected to create an absolute opportunity of $260 million for vendors in the space by 2030. The company recently onboarded former advisor Jeff Diana as its Chief People Officer whose principle target is to double the company’s 200-member workforce, and the company’s new Chief Revenue Officer Patrick Moran will oversee the revenue generation.Ĭalendly’s impressive growth comes at a time when the global appointment scheduling software market is projected to expand at a CAGR of nearly 10% till 2030 due to increasing digitization, affordable connectivity, and organizations adopting these solutions for added convenience in terms of time management, client management, and answering services.

#Calendly 350m partners iconiq 3b lundentechcrunch professional

See Also: Snowflake CEO on Why Work from Anywhere Is the FutureĬalendly’s customers include video conferencing giant Zoom, cloud communications vendor Twilio, customer service company Zendesk, professional networking site LinkedIn, University of Georgia, and others. Awotona said that with more integrations and operational expansion of both the business and product development sides, the company aims to touch $1 billion in revenue in the near future. While most cloud-based collaboration solutions are designed as per business needs, offering scalability, reliability, and a range of integrations with other solutions, Calendly’s cloud scheduling platform has also worked quite well so far for individual users such as teachers, freelancers, health workers, entrepreneurs, and contractors.

While some of the investment will add to our balance sheet, it will also be used to allow our early employees and early investors – who bet on this crazy idea years ago – to have some liquidity,” he added.

“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. “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 Tope Awotona, CEO of Calendly. The shift to remote work due to the COVID-19 pandemic has transformed the company’s fortunes- increasing its subscriber base from just 1 million to over 10 million within 12 months, and doubling its revenue to $70 million. The cloud-based meeting solutions provider said the fresh investment will not only fund new innovations and talent acquisitions, but will also enable it to add more tools and integrations that will enable customers to enjoy new features in the future.

#Calendly 350m partners iconiq 3b lundentechcrunch series

The $350 million Series A funding is Calendly’s first since it was raised in 2013 to enable users to schedule and request meetings and appointments based on slots available in their Google, Microsoft Outlook, iCloud and Office 365 calendars.

Four years after it turned profitable, Atlanta-based meeting solutions provider Calendly has hit $3 billion in valuation after closing a Series A funding deal with OpenView Venture Partners and Iconiq Capital.