The collaboration platform Azendoo has today announced that it has raised a $1.5 Million round of financing led by investors Arnaud Vinciguerra and Thibault Poutrel, as well as by accelerator TheFamily. This round of funding will serve to scale usage and revenue by targeting marketing teams.
Azendoo is currently used by some 300,000 users worldwide, with organizations in 80 countries using its paid version. It’s monthly revenue has doubled every six months for the last eighteen months. The application, which promotes collaboration, has gained high traction especially in marketing usages such as managing events, planning campaigns or syncing on creative projects.
Azendoo, the collaboration platform, is raising $1,5 million led by Investors Arnaud Vinciguerra and Thibault Poutrel, and TheFamily accelerator. Launched in late 2012 after a first round of funding led by Halisol, Azendoo is currently used by some 300,000 users worldwide, with organizations in 80 countries using its paid version.
Azendoo goes beyond all other traditional collaboration tools that focus solely on communication. It centralizes all action plans and tasks in one place, is easily searchable, and is connected to all cloud business apps. The platform’s unique ability to reduce emails and facilitate teamwork is driving its expansive growth.
Awarded Best Multi-Platform App by Evernote, Azendoo’s monthly revenue has doubled every six months for the last eighteen months. The application, which promotes collaboration, has gained high traction especially in marketing usages such as managing events, planning campaigns or syncing on creative projects. Marketing agencies and departments are also increasingly picking Azendoo to streamline reviews and approvals on launches, and to coordinate customers, in order to deliver exceptional service.
“The workplace has seen incredible changes in how people collaborate in teams. We’re on a mission to help high-performance marketing teams and agencies follow and anticipate these trends, in order to help them get things done”
said Greg Lefort, Azendoo CEO and co-founder in a statement.
The business communication market has recently seen impressive startups become Unicorns, yet B2B teamwork organization is still something of a global hindrance.
“We want work to become a great experience once again, by removing all of the friction in team synchronization,”
Greg Lefort added.
One month ago, the startup released Task-Pilot, a major redevelopment of its core task-sharing features, with improved design, usability, and performance, in order to scale to millions of users.
This latest round of funding will be used to expand the development of the Azendoo app; to develop additional partnerships that are meaningful for marketers; and to ensure that Azendoo’s business momentum will keep on building.
Headquartered in Bordeaux, Azendoo is a SaaS-based platform for collaborative task management that was launched in late 2012.
It helps 300,000 users worldwide manage their projects, with organizations in 80 countries using its paid product to increase their workplace agility and team synchronization. Azendoo has raised a total of $2.5 Million from Halisol, Arnaud Vinciguerra, Thibault Poutrel and TheFamily.
It has been translated into eight languages.
Integrated with Box, Dropbox, Google and Zapier, which brings over 80 other integrations, Azendoo was elected the Best Multi-Platform Application by Evernote Inc. in 2014.
Great teams rely on Azendoo to get things done