Boston-based VentureApp desires to make trade messaging more straightforward, via turning into the net and mobile chat hub for its users’ skilled contacts and industry needs. to take action, the company has raised $ 4 million in funding led by companion, with funding from Fullstack Ventures, Boston Seed Capital and an entire slew of angels.
I first heard about VentureApp and used to be related with founder Chase Garbarino greater than a year in the past. at that time, the corporate was once thinking about making a marketplace of carrier providers for small businesses, specifically those serving the startup group.
quite a bit has modified seeing that then: while some companies had been taking advantage of the marketplace to search out legal professionals or different professional products and services, the most well-liked part of the providing was a messaging function the company had constructed into its platform.
slightly than make sending messages just a characteristic of the greater platform, the parents at VentureApp determined to double down on messaging, due to the fact that there at present is not any in reality nice app for chatting with individuals in your professional community.
so far, the services and products we use to keep in touch have mostly been divided between these we use for personal (fb) and skilled (LinkedIn) connections. however whereas social messaging apps like fb’s Messenger or WhatsApp have grown quick, the messaging features of LinkedIn have remained generally stagnant. Worse, because most conversation that happens on LinkedIn is unsolicited messages from recruiters or other junk mail, it finally ends up largely being disregarded.
VentureApp wants to supply a new messaging platform for all of your professional contacts. when you log in, which you could join your e mail contacts from Gmail, Google Apps or Outlook, as well as add your LinkedIn contacts. And as soon as that’s accomplished, you could start talking to somebody to your skilled community.
in contrast to LinkedIn, where businesses and repair suppliers ship spammy messages at all times, VentureApp is hoping to lend a hand users avoid unsolicited messages. they can reach out to contacts and service suppliers, but service providers can’t reach out to them. And all chats are opt-in, so you have to pick to just accept a message from every other consumer earlier than a session starts offevolved.
while LinkedIn makes money with the aid of permitting folks to search its community and send InMail, VentureApp is taking the alternative manner — it’s charging companies who wish to have a presence on the platform to let doable buyers to succeed in out to them.
Garbarino founded VentureApp alongside together with his Streetwise Media co-founders Kevin McCarthy and Greg Gomer, in addition to Dailybreak founder Boris Revsin. the company has quietly grown to a workforce of 30, with 200 paying companies web hosting trade hubs on the platform. With the funding, the workforce plans to proceed including features, together with releasing a cellular messaging app (presently in beta).
Fundings & Exits – TechCrunch