Aircall used this pitch deck to raise $65 million during the pandemic - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

This French startup just raised $65 million in the middle of the coronavirus crisis for its cloud-based phone system. Here's the pitch deck it used.

Aircall just raised a $65 million Series C funding round in the middle of the coronavirus pandemic.

The maker of a cloud-based phone service, Aircall was in the middle of trying to raise a Series C funding round when the global economy and stock markets went into freefall as countries around the world curtailed the movement of their citizens to try to contain the COVID-19 outbreak, CEO Olivier Pailhès told Business Insider. Prior to the shutdowns, Aircall was seeing lots of interest from potential investors.

The company sees RingCentral as its chief rival. But Pailhès thinks Aircall can compete by offering a premium product. Part of the way he plans to do that is by allowing customers to integrate Aircall into their other business software.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cabinet founders share tips for starting a business in a pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

U.S. lawmaker wants insurers, govt. to share future pandemic business lossesU.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay a slice of the claims. yeah so Applebee’s gets a social safety net but if you get sick and end up broke they will throw you in the landfill. Cool! Baloney Maloney No problem. Everyone’s premium will be doubled.
Source: Reuters - 🏆 2. / 97 Read more »