- Spike — an email, chat, calendar, calls, team collaboration, and tasks app — announced that it has raised $8 million in Series A funding
Spike — an email, chat, calendar, calls, team collaboration, and tasks app — announced that it has raised $8 million in Series A funding led by Insight Partners. And the company also announced it has launched a suite of new seamlessly integrated essential real-time communication and workflow capabilities, including tasks, to-dos, notes, and documents.
With the addition of notes, tasks, and real-time collaboration capabilities in the company’s latest update, it now has a productivity layer on top of its high-quality conversational email app to reduce the number of apps used for work.
The seamless integration of these tools in the Spike platform allow for real-time collaboration and will instantly sync across all devices. And users have easy access to viewing task status and updates to shared notes and documents as all changes send automatic notifications to the top of the inbox feed. Plus with built-in chat functionality, Spike users can have a conversation while creating and editing in real-time while never leaving their email inbox.
“Now, more than ever, teams and individuals need to be connected and aligned as we continue working from home in the largest numbers ever seen. Spike is positioned to lead the entire modern workspace and reinvent how we work by combining email with essential services to get the job done without spending time switching between platforms,” said Dvir Ben-Aroya, Spike co-founder and CEO. “Up until now, Spike has primarily been rethinking how email should work by turning legacy email into chat-like conversations. Today, in our latest update, Spike adds tasks, notes and real-time collaboration into the world’s most powerful email inbox to set the stage for how we will get work done in the future – together, in one feed, in real-time.”
Upon the closing on the Series A investment round, the company has raised a total of nearly $16 million to date. And previous investors that participated in this funding round included Wix, NFX, and Koa Labs. Insight Partners Vice President Daniel Aronovitz will join Spike’s Board of Directors as part of the investment deal.
This funding round will help Spike accelerate growth, add more collaborative tools and services to its platform, and double the size of its team within the next year. And with global workforces shifting to permanent and flexible work from home environments, employees need tools that promote collaboration in a unified environment. Plus Spike’s vision for the future of work drastically reduces the friction workers feel with fragmented apps by unifying their work into a single platform.
“We’re excited to partner with Spike as they reach this next milestone in making the way businesses work more conversational and streamlined,” explained Jeff Horing, Co-Founder and Managing Director at Insight Partners. “Companies from small businesses to large corporations have different scales for managing workflows, but by centralizing the inbox around groups and conversations, Spike has found a solution that will fit any business. Especially now, time and money saved collaborating makes an incredible difference in a company’s bottom line.”
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