Focusmate
Early Stage
Where work gets done
Analytics
Raised: $123,567
Aggregate Commitments $
Platform
Republic
Start Date
09/21/2018
Close Date
01/18/2019
Min. Goal
$25,000
Max. Goal
$350,000
Min. Investment
$100
Security Type
SAFE
Funding Type
RegCF
Rolling Commitments $
Status
Funded
Reporting Date
01/31/2019
Days Remaining
Funded
% of Min. Goal
494%
% of Max. Goal
35%
Likelihood of Max
Funded
Avg. Daily Raise
$1,038
Momentum
Funded
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Location
New York, New York
Industry
Business Services, Software, & Applications
Tech Sector
Focusmate lives up to its name. It helps you focus when distractions abound. They’re building the “digital workplace of the future -- the digital environment where people will go to get things done.” Simply decide when you want to work and the times you want to be productive, then launch the Focusmate video session. Through Focusmate’s pilot, 96% of their users said the product improves their productivity by at least half, and 51% of users have converted to paying customers, with active users booking 11 fifty-minute appointments every week. Their daily active users are growing 20% MoM, and they’ve already gained $350,000 in backing from top investors including CoVenture, Betaworks, Towerview Ventures, and Nir Eyal.
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