Focusmate
About this raise: 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.
Investment Overview
Invested $123,567 :
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Location
- New York, New York
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/18/2019 | Republic | - | $123,567 | SAFE | Funded | RegCF |