# Linen Mobile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/linen-mobile

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.linen.app
- Latest round: Seed (Jul 17, 2019)
- Investors on record: 4

## About

Linen Mobile, Inc. is a digital solutions provider that focuses on optimizing project management for SMEs and professionals through a user-friendly platform designed to enhance productivity and collaboration.Founded in 2018, Linen Mobile, Inc. is headquartered in San Francisco, US. The company offers digital management solutions aimed at enhancing productivity for small to medium-sized enterprises and professionals. The founders include Jacob Mathew and Vitaly Bahachuk, with Alex Bazhanau serving as CEO. They have completed 2 deals, with the most recent funding round on July 17, 2019, where they raised seed funding from investors including Coinbase Ventures and Polychain Capital.Linen.app specializes in providing a comprehensive suite of digital solutions that streamline the management of personal and professional projects. The core product offering revolves around a user-friendly platform designed to enhance productivity through features such as task management, collaboration tools, and resource allocation. This platform is particularly targeted at small to medium-sized enterprises (SMEs) and individual professionals who seek to optimize their workflow and improve team communication. The software integrates seamlessly with existing tools and systems, allowing users to tailor their project management experience to meet specific needs. Linen.app has made its offerings available in multiple geographical markets, including North America, Europe, and parts of Asia, effectively serving a diverse client base that includes professionals across various industries such as tech, marketing, and education.Linen.app operates on a subscription-based revenue model, facilitating consistent cash flow through its tiered pricing plans designed for different user needs. Typically, clients can choose from various subscription levels that unlock functionality tailored to either individual users or teams, with specific features available at each level. These transactions are structured to cater to both B2B and direct-to-consumer environments, allowing businesses and professionals to select the plan that best aligns with their operational requirements. The flagship service is the premium plan, which offers advanced analytics and enhanced collaboration features, attracting a base of corporate clients who prioritize efficiency and team cohesion. Revenue is generated primarily through recurring subscriptions, fostering long-term relationships with users who benefit from continuous updates and support.Following the seed funding raised on July 17, 2019, Linen Mobile, Inc. plans to utilize the capital for the development of new product features and enhancements in 2020. The company aims to expand its geographic reach into additional markets across Asia and Europe over the next two years. Their strategy includes launching an improved version of their platform with advanced analytics capabilities designed to cater to corporate clients. These initiatives are expected to enhance user engagement and retention.

## Funding rounds

- Seed, Jul 17, 2019 — Polychain Capital, Coinbase Ventures, Wyre Capital, HashKey Capital
- Seed, Sep 1, 2018 — Polychain Capital

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Wyre Capital (https://capitalatlas.ai/funds/wyre-capital) — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed