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The tool takes the idea of a checklist, and turns it into software that can automate work processes and connect to other tools that employees use. The company won a vote of confidence last week in the form of a $12 million Series A round of funding led by Accel, with Salesforce Ventures and Atlassian participating. Patankar first had the idea for this company when he was running a marketing company he started with a completely remote team. He didn't find any tool that could do what he wanted.
McKay and Patankar were staying in the same hostel and started chatting. Patankar was already on the search for an engineer to be his Process Street cofounder — and eventually convinced McKay to join him and move to Argentina while they built the product. Rich Wong, the partner at Accel who led this investment, said he was intrigued by the product because it has the potential to be a very big idea — and he doesn't see a direct competitor out there right now that can do exactly what Process Street does.
That's actually amazing! Good for them!
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Source: BusinessInsider - 🏆 729. / 51 Read more »
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Source: BusinessInsider - 🏆 729. / 51 Read more »