201923 Oct

Koan, launched by a co-founder of Jive Software, has raised $3 million in seed funding –

Summary

Koan, a three-year-old online platform that aims to help teams achieve their objectives and stay engaged, has raised $3 million in seed funding led by Uncork Capital and Crosslink. Koan, co-founded and led by CEO Matt Tucker — who previously co-founded Jive Software, an outfit that made social software for businesses and went public in 2011, then sold in 2017 — is trying to set itself apart from the many other performance management tools in the world by catering less to HR departments and targeting instead the chief operating officer or chief of staff. Koan, which integrates with a wide number of third parties, from Salesforce to Slack, employs just 10 people at this point and is based in Portland, Ore., though Tucker works from Palo Alto, where, interestingly, he and his wife also operate a company called Blind Tiger Ice. Inspired by their international travels to upgrade in some way their local dining (and drinks) experience, the couple’s nearly two-year-old company is becoming known in some tech circles for its “high-quality cocktail ice,” as Tucker describes it. Earlier investors include the Webb Investment Network, SV Angel and Spider Capital, all of which participated in the company’s newest round.

Source: Techcrunch

Funding

$3M
Amount
Oct 23 2019
Date
-
Investor
Koan
Company

Classifications

Companies