CALENDLY 350M OPENVIEW PARTNERS ICONIQ SERIES

“While we considered outside investment an unnecessary distraction, due to their insight and extended network within the tech industry, we made the decision to partner with OpenView and Iconiq,” Awotona said.

“Our profitable, unique, product-led growth model has led Calendly to become the most widely used, most integrated, most popular scheduling platform for both individuals and large businesses,” said CEO Tope Awotona. Tope Awotona’s cloud scheduling platform Calendly, has raised 350 million from OpenView Venture Partners and Iconiq capital, making the Atlanta-based company valued at over 3 billion. Two new senior executives were also added by the tech startup at the end of 2020 to expand their employees and sales. It is possible to credit the reason for the increase in its use to the now prevalent work-from-home culture.Īccording to the company, the investment will be used to provide liquidity for early investors and workers as well as to continue product innovation. Calendly doubled its subscription profits last year to $70 million.

CALENDLY 350M OPENVIEW PARTNERS ICONIQ SERIES

The company raised 350M in a Series B round on Jan 26, 2021. This brings Calendlys total funding to 350.6M to date. The latest round valued Calendly at over 3B post-money.

There were fewer than a million users of Calendly currently, it has around 10 million people using its features. OpenView has made 8 diversity investments. There is no single user version of engagement with Calendly it’s only relevant when there are at least two people involvedthe meeting planner and the meeting invitee.

The high valuation is attributed to the exponential growth witnessed by the company in 2020. Calendly, an Atlanta-based cloud scheduling platform, was founded in 2013 by Tope Awotona, has announced a $350 million investment funding from OpenView Venture Partners and Iconiq capital, which now values the company at more than $3 billion.

Calendly 350m openview partners iconiq