# Friday Feedback

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/friday-feedback

- Industry: Software
- Headquarters: South Portland, US
- Website: www.friday.app
- Total disclosed funding: $2.6M
- Latest round: Seed (Sep 14, 2020)
- Investors on record: 5

## About

Friday Feedback, Inc is a productivity-focused company that provides tools to enhance organizational efficiency and streamline team collaboration through innovative applications.Friday Feedback, Inc, founded in 2015, is headquartered in South Portland, US. The company specializes in productivity solutions and has undergone no significant pivots in its business strategy. It has raised a total of USD 2.1 mn in Seed funding, led by Bessemer Venture Partners, with additional participation from Active Capital, Maine Technology Institute, New York Venture Partners, and Underscore VC. The most recent deal occurred on September 14, 2020, marking the second investment round for the company.Friday.app offers a suite of productivity tools designed to enhance organizational efficiency and streamline team collaboration. Their core product line includes project management applications, daily planner tools, and team management solutions, all aimed at helping users effectively organize their tasks and workflows. These tools are particularly beneficial for teams operating within Agile frameworks, enabling them to manage backlogs, prioritize tasks, and improve overall productivity. Friday.app targets a diverse clientele, including small to medium-sized enterprises and larger corporations, across various sectors such as technology, marketing, and consulting. The company's offerings are available primarily in North America and Europe, catering to users seeking to optimize their work processes and achieve their productivity goals.Friday.app generates revenue through subscription-based models for its suite of productivity tools, allowing users to access premium features and integrations. Clients typically engage with the platform on a monthly or annual basis, securing access for their teams to enhance productivity and collaboration. The transaction structure primarily involves direct-to-consumer sales, with options for businesses to purchase licenses for multiple users, thereby scaling their usage according to team size. Among the standout offerings are their project management and daily planner apps, which serve as flagship products, providing essential functionalities to help organizations streamline their operations. Specific pricing plans are designed to accommodate various user needs, ensuring a flexible approach to subscription tiers that align with organizational goals.Following their recent funding round, Friday Feedback, Inc plans to enhance its product offerings by developing new tools aimed at improving team collaboration and reporting features, with anticipated releases in late 2023. The company is targeting expansion into the European markets, specifically the United Kingdom and Germany, by 2024. The USD 2.1 mn raised in Seed funding will be allocated toward these product developments and market expansion initiatives.

## Funding rounds

- Seed, Sep 14, 2020, $2.1M — Bessemer Venture Partners, Maine Technology Institute, Underscore VC, New York Venture Partners, Active Capital
- Seed, Feb 19, 2020, $0.5M — Underscore VC

## Investors

- Underscore VC (https://capitalatlas.ai/funds/underscore-vc) — Seed
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed
- Maine Technology Institute — Seed
- New York Venture Partners (https://capitalatlas.ai/funds/new-york-venture-partners) — Seed
- Active Capital (https://capitalatlas.ai/funds/active-capital) — Seed