Vimcal: Calendar App Company Raises $4.5 Million

By Annie Baker • Dec 6, 2023

Vimcal – a calendar app of choice for many founders, executives, and investors in the tech sector – recently announced a $4.5 million funding round led by Altos Ventures. This significant investment reflects Vimcal’s rapid growth and the growing market need for a cohesive, accurate meeting booking and scheduling platform that keeps pace with today’s distributed, globalized workforce.

As Vimcal is embarking on this new chapter of growth, the latest funding is a catalyst for its multiplayer features and enterprise motion. And this investment solidifies Vimcal’s mission to provide an advanced calendar experience, one that transcends traditional scheduling to become an indispensable, intelligent assistant for the modern professional’s diverse and dynamic needs.

Vimcal’s growth trajectory is especially evident in the rapid adoption of its recently launched second product, Maestro, the first calendar designed specifically for executive assistants.

Along with the rollout of Maestro, the enthusiastic adoption of Vimcal’s AI features is duly noteworthy in the company’s innovative approach and growth, offering capabilities that extend far beyond traditional calendar capabilities.

Vimcal’s AI-driven Free Time Finder scans schedules to suggest the best meeting times, considering factors like a participant’s availability and preferred meeting hours. And the Company Briefs feature enriches data on participants with concise profiles – ensuring users are well-informed and ready for their meetings. These AI functionalities demonstrate Vimcal’s commitment to enhancing productivity and streamlining the complex dynamics of modern scheduling.

KEY QUOTES:

“This funding round marks a pivotal moment in Vimcal’s story. It’s in our DNA to solve the scheduling pain point for the busiest individuals who have the most hectic calendars, and this funding will let us expand our services to cater to their teams and even entire company.”

“70 percent of EAs manage more than one executive’s calendar. Every meeting is high stakes and no mistakes can be made, which makes building software for EA’s an incredibly complex challenge. They’re the Navy Seals of calendar users. If we can build a calendar for them, we can build a calendar for anybody.” This development signifies Vimcal’s expanding influence in large enterprise organizations, revolutionizing the management of executive calendars with unprecedented accuracy and effectiveness.

— John Li, Vimcal’s CEO and co-founder

“We were impressed with the team’s ability to rapidly iterate on the product based off customer feedback. We believe there is a huge opportunity in solving everyday scheduling and meeting pains, particularly those of Executive Assistants, who are a vastly underserved demographic. We see tremendous potential in Vimcal’s vision and are excited to partner with the team.”

— Dillon Krasnigor of Altos Ventures

“Vimcal wins for a great product. Running my life is easier thanks to their care for detail and obsession with listening to their customers.”

— Joe Gebbia, Co-founder of Airbnb