# Volley Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/volley-software

- Industry: Software
- Headquarters: Lehi, US
- Website: www.volleyapp.com
- Total disclosed funding: $5.5M
- Latest round: Seed (Oct 18, 2021)
- Investors on record: 2

## About

Volley Software Inc. specializes in a video messaging application that fosters flexible and engaging communication, facilitating face-to-face interaction among individuals and teams through asynchronous video messages.Volley Software Inc. is a company that developed a video messaging application designed to streamline communication. Founded in 2020 and headquartered in Lehi, US, the company was established by Josh Little. In October 2021, Volley raised USD 5.5 million in Seed funding, led by Shasta Ventures with participation from Peterson Partners, marking its first round of investment and total funding raised to USD 5.5 million.Volley is a video messaging application designed to facilitate flexible, face-to-face communication across various groups, including individuals, teams, and communities. The core functionality of Volley allows users to send asynchronous video messages, enhancing conversation richness by incorporating tone of voice and body language, elements often lost in text-based communication. Launched to address the growing need for efficient communication methods, it caters to users seeking to maintain connectivity without compromising productivity. The primary customer base includes community leaders, remote teams, and organizations aiming to improve collaboration. The application is set to relaunch in early 2024 following its acquisition, aiming to reinvigorate its market presence.Volley operates on a freemium model, offering core features at no cost while providing additional functionality through paid subscription plans. Revenue generation occurs primarily through premium features that enhance user experience, including longer message storage and advanced transcription services. This model allows users to opt for subscriptions based on their communication and collaboration needs. The flagship offering is the asynchronous video messaging service, pivotal in attracting individual users and organizations seeking innovative communication solutions. Pricing plans are structured to cater to different user demographics, from casual users to enterprise-level clients.Volley Software Inc. plans to utilize the USD 5.5 million raised in Seed funding to scale operations and expand its reach. The upcoming relaunch of the video messaging application in early 2024 is part of their strategy to enhance market presence. The company is also exploring entry into new geographic regions, targeting tech-savvy markets that value remote communication solutions.

## Funding rounds

- Seed, Oct 18, 2021, $5.5M — Peterson Partners, Shasta Ventures

## Investors

- Peterson Partners (https://capitalatlas.ai/funds/peterson-partners) — Seed
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Seed