# Range Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/range-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.range.co
- Total disclosed funding: $8.3M
- Latest round: Seed (Feb 14, 2020)
- Investors on record: 5

## About

Range Labs Inc. is a technology firm focused on enhancing remote and hybrid team communication through innovative software solutions that promote productivity and collaboration.Founded in 2017, Range Labs Inc. is based in San Francisco, US, and specializes in team communication software. The company has executed 2 deals since its inception. It secured USD 6.00 mn in SEED funding on February 14, 2020, led by General Catalyst Partners, with participation from Bloomberg Beta, First Round Capital, Precursor Ventures, and Upside Partnership. The founders, Alexander Gorgi and Jennifer Dennard, have a history of entrepreneurship in the tech industry.Range specializes in team communication software designed to enhance productivity, transparency, and collaboration within remote and hybrid work environments. Its core offerings include async check-ins, integrated meeting tools, and goal tracking features that allow teams to share updates, create agendas, and track progress across various projects seamlessly. The software integrates with more than 75 tools, including popular platforms like Slack and Microsoft Teams, facilitating a smooth flow of information and reducing the need for traditional video calls. Range's solutions are targeted at teams across various sectors such as tech, finance, and healthcare, helping them maintain alignment and accountability while working from diverse geographical markets including North America, Europe, and Asia.Range operates on a subscription-based revenue model, providing its clients with tiered pricing plans based on the number of users and the features required. The transactional structure is primarily B2B, focusing on partnerships with organizations that seek to streamline their communication processes. Clients gain access to a suite of features, including async updates, meeting facilitation tools, and goal tracking functionalities. The pricing plans are structured to accommodate various organizational sizes and needs, allowing for flexibility based on team dynamics. This model fosters customer loyalty and ensures consistent revenue flow as organizations continue to invest in team productivity and communication enhancements.In February 2020, Range Labs Inc. raised USD 6.00 mn in Seed funding, which will be utilized to develop new product features aimed at enhancing team collaboration and communication. The funding will support expansion into additional markets, including Europe and Asia, by 2023 as the company seeks to grow its user base significantly. This funding round included individual investors, showcasing a diverse interest in the company's future initiatives.

## Funding rounds

- Seed, Feb 14, 2020, $6M — General Catalyst Partners, First Round Capital, Bloomberg Beta, Upside Partnership, Precursor Ventures
- Seed, Jun 6, 2017, $2.3M — First Round Capital, Bloomberg Beta, Upside Partnership, Precursor Ventures

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed
- Upside Partnership (https://capitalatlas.ai/funds/upside-partnership) — Seed
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed