Volley raises $5.5M from top investors to fix remote work communication
Today we announced a $5.5 million seed investment from top investors and an all-star group of angels. The round was led by Silicon Valley-based Shasta Ventures followed by Silicon Slopes-based Peterson Ventures.
The pandemic proved that remote workers need a better way to communicate. The whole landscape of work has changed and continues to evolve daily. The old tools were built at a different time for a different world. Volley is the right tool for the way we work and interact now.
Since our beta release in Spring 2021, several thousand teams have adopted the product. We’ve seen a very strong retention rate with a growing viral coefficient that has impressed not only our institutional investors but also grabbed the attention of top operating angels like Godard Abel (CEO of G2 Crowd), Todd Pedersen (CEO of Vivint), Austen Allred (CEO of Lambda School), Nathan Stoll (Former CPO of Strava), and Scott Paul and Natalie Paul (serial entrepreneurs and angel investors) who have all participated in the round.
“It was love at first volley,” said Jacob Mullins, Managing Director at Shasta Ventures. “Not only have we been looking for an opportunity to back Volley CEO, Josh Little, for years but also were blown away by the efficiency and enjoyment our team and partners got from leveraging the platform.”
The funding will help us scale and bring our ambitious vision of a flexible, yet connected future of work to life.