# Dooly Research

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dooly-research

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.dooly.ai
- Total disclosed funding: $100M
- Latest round: Series B (May 20, 2021)
- Investors on record: 9

## About

Founded in 2016 and based in British Columbia, Canada, Dooly Research Ltd. (Dooly.ai) developer of a workbook platform designed to update both people and systems in real-time. The company was co-founded by CTO Justin Vaillancourt and CEO Kris Hartvigsen and as of 2021, the company has approximately 25 employees. The firm raised USD 80 million in May 2021, for its AI tools to help salespeople manage their busy work.

The company's platform captures and actions customer conversations, solving challenges that affect customer-facing teams by finding patterns in their meetings, analyzing, and actioning them. From administrative work like Salesforce updates, to digging up deal supporting sales tools, the firm aims to automate the sales process by moving information to and from customer-facing teams in real-time.

The company generates revenue through the sale of its cloud-based platform to businesses. The company provides 3 different kinds of plans namely starter, teams, and enterprise which are available for a monthly and annual subscription.
 
The firm plans to expand its plan to provide innovative and effective product experiences that improve people’s work. In 2021, the company expects to increase the number of employees from 22 to 50.

## Funding rounds

- Series B, May 20, 2021, $80M — Greenspring Associates, Spark Capital, Tiger Global Management, Boldstart Ventures, BoxGroup, Addition
- Seed, Mar 3, 2021, $3.3M — Boldstart Ventures, BoxGroup
- Series A, Mar 3, 2021, $17M — Battery Ventures, SV Angel, Boldstart Ventures, BoxGroup, Addition, Mantis

## Investors

- Boldstart Ventures (https://capitalatlas.ai/funds/boldstart-ventures) — Seed, Series A, Series B
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed, Series A, Series B
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Addition (https://capitalatlas.ai/funds/addition) — Series A, Series B
- Mantis (https://capitalatlas.ai/funds/mantis) — Series A
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series B
- Spark Capital — Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
