Friday.app looks outside Maine to raise $450K
Summary
Friday.app, a Portland-based startup that is developing software tools to help distributed teams better communicate, has raised $450,000 in a pre-seed round from investors, the majority of whom are not based in Maine. Luke Thomas, Friday’s founder and CEO, tells Maine Startups Insider that the funding will be used to continue product development and ramp up the company’s marketing efforts. Right now, this is a manual process that involves several different tools, so people frequently don’t do it,” says Thomas, who worked remotely in Portland for out-of-state software companies for several years before founding Friday. Thomas says Friday is not aiming to compete with behemoths in the space like Slack or Microsoft’s Teams product, but instead serve as a complementary tool. He founded the company in 2016, originally calling it Friday Feedback and building a more narrowly defined tool that aided managers in soliciting weekly check-ins from team members.