Raycast Secures $30 Million in Series B Funding
Raycast, a productivity software company based in London, UK, has successfully raised an impressive $30 million in a Series B funding round. This significant financial milestone was spearheaded by Atomico, a leading venture capital firm, while also enjoying participation from other notable investors including Accel, Coatue, Y Combinator, and Atlassian Ventures. Further enhancing the investment, influential angels such as Guillermo Rauch, Thomas Dohmke, and Tobi Lütke also contributed to the funding efforts. In an exciting development, Atomico Partner Luca Eisenstecken will be joining Raycast’s board in light of this funding, positioning the company for further growth and innovation.
Under the leadership of its CEO, Thomas Paul Mann, and CTO, Petr Nikolaev, Raycast is committed to revolutionizing the way developers interact with their tools.
The company has designed its app to streamline productivity by providing users with rapid access to their essential resources. This innovative platform tackles a common challenge faced by millions of developers daily: the need for continuous context switching. By utilizing a command-line inspired interface, Raycast minimizes distractions and enhances focus, thereby allowing developers to concentrate more on their work rather than on navigating multiple tools.
The app boasts seamless integrations with popular platforms such as Jira, GitHub, and G Suite, making it a versatile solution for development teams. Additionally, Raycast features an API that empowers developers to create custom integrations tailored to their unique needs. This functionality enables users to expedite commonplace tasks, enhancing productivity further. With the new funds in hand, Raycast is poised to expand its operations, broaden its market reach, and innovate new tools that will surely benefit the developer community across the globe.
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Get to know these SaaS investors
| # | Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|---|
1 |  Atomico | 8 investment(s) investment(s) | 30 contacts contacts | |||
2 |  Accel | 11 investment(s) investment(s) | 10 contacts contacts | |||
3 |  Coatue | 1 investment(s) investment(s) | more info | |||
4 |  Y Combinator | 8 investment(s) investment(s) | more info | |||
5 |  Atlassian Ventures | 1 investment(s) investment(s) | more info |
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