Open View Venture Partners took the lead in the round with assistance from San Francisco-based Iconiq Capital.Ĭalendly is a company that is one of the fast-growing in the field.
In the report by The Atlanta Business Journal, the app which was founded by the Nigerian Tope Awotona has raised $350 million in the latest round of funding. In 2013, the entrepreneur dived into his savings and credit cards to create Calendly.Calendly, a world-leading cloud scheduling app that got more usefulness in the wake of COVID-19 pandemic, has achieved a unicorn territory. He later unsuccessfully launched an e-commerce site selling projectors. He emigrated to the US from the suburbs of Lagos as a teenager with his family to continue his education after the tragic death of his father.Īfter graduating from the University of Georgia and stints at IBM and EMCAwotona launched some e-commerce ventures including building a dating site that didn’t launch due to a lack of resources. He added: “While we considered outside investment an unnecessary distraction, we made the decision to partner with OpenView and Iconiq because of their insight and extended network within the tech industry.” Nigerian Immigrant To AtlantaĪwotona’s success has been hailed as an example of the grit and determination to overcome hurdles often shown by immigrants who set up businesses. Speaking about the company’s success and its latest investment Awotona told the Atlanta Voice: “Our profitable, unique, product-led growth model has led to Calendly becoming the most used, most integrated, most loved scheduling platforms for individuals and large enterprises alike.” The company has also doubled its subscription revenue to $70 million. Observers have noted that a big part of Calendly’s appeal is how easily it can be used with calender applications such as Office 365, Outlook and apps such as Paypal and GoToMeeting.
350M OPENVIEW VENTURE PARTNERS ICONIQ SOFTWARE
The software will guide the end-user through selecting a meeting slot and then the meeting will be created.Īmong its new user base are professionals such as teachers and health workers as well as freelancers, entrepreneurs, and contractors. And it can be done without having to send a raft of emails.Ī Calendly account holder can display available meeting times once they share their custom link. It is an easy-to-use scheduling software system that provides a quick way to manage open spaces in your calendar for people to book appointments with you in those spaces, which then also books out the time in calendars like Google’s or Microsoft Outlook.
Today however there are approximately 10 million people using the service. In 2019, the company’s platform had just under a million users. However, it has seen huge growth over the last year as a result of changes in how people work.Īfter Covid 19 forced the closure of offices and other meeting places such as coffee shops, libraries, and community centers as well as schools and colleges there has been a surge in the numbers of people working from home.ġ0 NIGERIAN-AMERICANS MAKING WAVES IN TECH
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