Almanac, a San Francisco, California-based operating system for remote work, closed a $34 million in Series A financing round.
The round was led by Tiger Global, which is joined by Floodgate Fund, General Catalyst, and 50 technology operators, including Joshua Reeves, Ryan Caldbeck, Alex MacCaw, Zack Kanter, Jack Altman, Leore Avidar, and Dennis Crowley.
The company intends to use the funds to continue to expand operations and its business growth and development efforts.
Company: Almanac Labs Inc
Raised: $34.0M
Round: Series A
Funding Month: September 2021
Leading Investors: Tiger Global
Additional Investors: Floodgate Fund, General Catalyst, 50 technology operators, Joshua Reeves, Ryan Caldbeck, Alex MacCaw, Zack Kanter, Jack Altman, Leore Avidar, and Dennis Crowley
Company Website: https://get.almanac.io/
Software Category: Collaborative Doc Editor
About the Company: Led by Adam Nathan, Chief Executive Officer, Almanac is an operating system for remote work that combines document editing, version control that keeps teams organized, and asynchronous workflows that make remote collaboration focused and productive. It enables organizations to ask for approvals, collect feedback and revisions, and get transparent analytics without needless meetings or messages. Founded in 2019, Almanac is a cloud-based platform for professionals to create, collaborate, and share open-source work documents. Almanac is fully distributed, with employees based all over the world. Customers include remote companies like IRL and Remote.
Source: https://www.finsmes.com/2021/09/almanac-raises-34m-in-series-a-funding.html