# Start Hatching

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/start-hatching

- Industry: Software
- Headquarters: New York, US
- Website: www.wethos.co
- Total disclosed funding: $3M
- Latest round: Seed (Jun 14, 2019)
- Investors on record: 9

## About

Start Hatching, Inc. is a software company providing a comprehensive platform that enhances the workflow for freelancers and small agencies through streamlined proposal creation, invoicing, and team collaboration tools.Start Hatching, Inc. specializes in facilitating the operations of freelancers and small agencies through its innovative software platform. The company is headquartered in New York, US. Founded by Claire Humphreys, the firm has successfully raised USD 3.00 mn in its most recent funding round on September 4, 2019, led by Laconia Capital Group and supported by several notable investors including Brooklyn Bridge Ventures and SAP.Wethos is an all-in-one software platform designed to streamline the workflow of full-time freelancers, small agencies, and creative studios. The primary offerings include tools for creating customizable proposals, managing invoicing, and facilitating collaboration among team members, all within a single interface. The platform enables users to build professional client-facing documents, set automated payment schedules, and utilize a library of customizable templates. Wethos serves a diverse clientele including freelancers across various sectors, small creative agencies, and project-based teams in markets such as North America, Europe, and parts of Asia. The software effectively addresses the challenges of proposal creation, contract management, and timely invoicing, allowing users to focus on their core business activities without the need to navigate multiple applications.Wethos generates revenue through a subscription-based model, allowing clients to access its suite of tools and features tailored to their business needs. Clients typically engage with the platform by subscribing to different pricing plans that offer varying levels of access to premium templates, automated invoicing features, and project analytics. The subscription structure includes options for individual freelancers as well as team accounts that facilitate collaboration on larger projects. Clients may leverage Wethos's capabilities to create proposals, manage payments, and collaborate with co-workers or contractors seamlessly. The pricing structure is designed to provide flexibility and scalability, catering to both independent professionals and small to medium-sized agencies seeking to enhance their operational efficiency.In September 2019, Start Hatching, Inc. raised USD 3.00 mn in venture funding led by returning investor Laconia Capital Group, with participation from various other investors. The recent funding is aimed at enhancing product development, with plans to introduce new features designed for improved user experience by the end of 2020. Additionally, the company seeks to expand its market presence in Europe and Asia by 2022, focusing on attracting more clients from those regions.

## Funding rounds

- Seed, Jun 14, 2019, $3M — SAP, Flybridge Capital Partners, Brooklyn Bridge Ventures, Laconia Capital Group, Deepwater Asset Management, Propel Capital Network, Higher Ground Labs, Overton Venture Capital, ValueStream Ventures

## Investors

- SAP — Seed
- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Seed
- Brooklyn Bridge Ventures (https://capitalatlas.ai/funds/brooklyn-bridge-ventures) — Seed
- Laconia Capital Group (https://capitalatlas.ai/funds/laconia-capital-group) — Seed
- Deepwater Asset Management (https://capitalatlas.ai/funds/deepwater-asset-management) — Seed
- Propel Capital Network (https://capitalatlas.ai/funds/propel-capital-network) — Seed
- Higher Ground Labs (https://capitalatlas.ai/funds/higher-ground-labs) — Seed
- Overton Venture Capital (https://capitalatlas.ai/funds/overton-venture-capital) — Seed
- ValueStream Ventures (https://capitalatlas.ai/funds/valuestream-ventures) — Seed