Shopify-incubated Ottawa startup Fellow raises US$24-million as meeting-management software sales surge [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
Fellow makes a software tool aimed at making meetings ranging from one-on-ones to town halls more productive by enabling quick generation of checklist items, follow up-actions and notes by participants during the gatherings. It suggests topics, monitors progress on action items over time and syncs with calendars, email and workplace communication platform Slack. The startup has more than 800 corporate customers – more than triple the size of a year ago – and should surpass 1,000 by year's end, CEO Aydin Mirzaee told the Globe and Mail. Revenues, now in the millions of dollars annually, are on track to quadruple this year compared to 2020, he added. Customers include publicly traded tech companies Shopify, VerticalScope Inc., HubSpot Inc., Lemonade Inc. and Warby Parker Inc.. Past investors Inovia Capital. Felicis Ventures and Garage Ventures also participated in the financing, along with Formentera Capital and Silicon Valley Bank The initial idea for Fellow stemmed from a suggest
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