California, USA-based platform focused on connecting and celebrating employees, Airspeed raised USD 7.5 million in funding. The company announced the fundraise on May 04, 2023. The financing is a mixture of equity and debt. Greylock Partners and Venrock led the round. Meanwhile, Salesforce Ventures, and Next Play Ventures joined in the funding. In addition, several CEOs and executives as angel investors participated in the round. The company secured USD 5 million in seed funding from the investors. It also received USD 2.5 million in debt from Western Technology Investment.
Purpose of financing for Airspeed
With the latest financing, the company seeks to expand its reach as well as business operations.
In addition, the company announced the launch of an entire suite of Slack apps to transform human connection. This suite includes a starter family kit, including apps such as:
- Intros – Easily welcome new hires and connect colleagues across departments or companies.
- Celebrations – Never forget a birthday or work anniversary again. Easily track special dates and deliver virtual cards.
- Icebreakers – Take 5 minutes to get to know teammates better each week and make meetings more fun.
- Shoutouts – Easily send kudos, celebrate teammates, or suggest people for leadership to recognize.
- Maps – See your colleagues on a team map. Schedule in-person meetups, stay connected with your team across time zones, and share upcoming travel plans.
What the CEO has to add
Doug Camplejohn, CEO and Founder of Airspeed said, “Employees are looking for apps that support the human connection they seek at work. We’re excited to tackle this challenge by creating an operating system for a work culture that fosters true, meaningful connections.”
What the investors have to say
In addition, David Thacker, General Partner at Greylock, said, “Given the rapid changes in the modern workplace, employee engagement and culture is of critical importance. Airspeed’s products provide a much-needed solution to help create a connected and engaged workforce, an essential ingredient for any high-performing organization.”
About the company
Doug Camplejohn in 2021 launched the company. Airspeed is an innovative platform dedicated to connecting and celebrating employees. The company possesses a family of apps, such as intros, Celebrations, Icebreakers, Shoutouts, and Maps. In addition, it offers solutions to both culture and connection that current apps cannot. Airspeed enables teams to connect via Slack apps that allow users to continuously learn about teammates, recognize each other, celebrate milestones, and discover what they have in c
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