Team Organization Platform Company LaunchNotes Raises $1.8 Million

By Amit Chowdhry ● August 28, 2020
  • LaunchNotes — a company that was founded by the team behind Statuspage (acquired by Atlassian) along with the former head of marketing for Jira — announced that it has raised a $1.8 million seed round

LaunchNotes — a company that was founded by the team behind Statuspage (acquired by Atlassian) along with the former head of marketing for Jira — announced that it has raised a $1.8 million seed round co-led by Cowboy Ventures and Bull City Ventures. Tim Chen (general partner at Essence Ventures), Eric Wittman (chief growth officer at JLL Technologies), Kamakshi Sivaramakrishnan (VP Product at LinkedIn), Scot Wingo (co-founder and CEO of Spiffy), Lin-Hua Wu (chief communications officer at Dropbox) and Steve Klein (co-founder at Statuspage) also joined the round.

“With the partnership of this experienced group, we’ve never been more confident in our ability to build out a world-class team, accelerate LaunchNotes’ growth, and capitalize on the enormous opportunity to keep businesses everywhere in sync with their release pipeline and delivering exceptional experiences for their customers, each and every day,” said LaunchNotes CEO Tyler Davis.

How does LaunchNotes work? Essentially it is a platform for employees in a business to communicate progress with each other. The platform’s features include a public release stream, internal change feeds, and a customizable categorization system for easily segmenting updates.

LaunchNotes — which was founded by Davis, chief product officer Tony Ramirez, and chief operating officer Jake Brereton —  also said that it is launching a free tier to include an option to communicate updates through public embeds. In the past, users have to be on one of the paid plans. And now the service also now allows businesses to personalize public streams and subscriber limits were removed.

“One of the things that I thought was kind of exciting is that this is potentially a new system of record for product people to use that kind of lives in different places right now — you might have some of it in Jira and some in Trello, or Asana, and some of that in Sheets and some of it in Airtable or Slack,” said Cowboy Ventures founder and managing partner Aileen Lee in an interview with TechCrunch.