Gather Presence

Gather Presence

Virtual collaboration platform for remote teams

About Gather Presence

Simplify's Rating
Why Gather Presence is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Education

Company Size

51-200

Company Stage

Series B

Total Funding

$76M

Headquarters

San Francisco, California

Founded

2020

Overview

Gather Presence provides a platform for virtual collaboration that simulates a physical office environment, allowing remote teams to interact and work together. Users can navigate a virtual space where they can engage in casual conversations, similar to those in a traditional office, fostering a sense of connection and team culture. The platform operates on a freemium model, offering basic features for free while charging for premium options like advanced screen sharing and virtual backgrounds. What sets Gather Presence apart from competitors is its focus on creating an immersive experience that includes shared whiteboards and visibility of ongoing meetings, enhancing collaboration among remote teams. The company's goal is to help remote employees feel more connected and engaged, replicating the spontaneity of in-person interactions.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for virtual collaboration tools boosts Gather's market potential.
  • Recent $50M funding round supports Gather's expansion and innovation efforts.
  • New desktop minimode feature enhances user experience and multitasking capabilities.

What critics are saying

  • Competition from platforms like Roam with similar features could impact Gather's user base.
  • Decline in virtual real estate value may affect Gather's market perception.
  • Hybrid work models might reduce demand for fully virtual office solutions.

What makes Gather Presence unique

  • Gather Town offers immersive virtual spaces mimicking physical office environments.
  • The platform fosters spontaneous interactions, enhancing team culture and connection.
  • Unique features like shared whiteboards and meeting visibility set Gather apart from competitors.

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Funding

Total Funding

$76M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$50M
Gather Presence
$65M
Substack
$100M
ClickUp

Benefits

Medical, dental & vision insurance

Remote work

Health & wellness stipend

Support for family planning

Meal stipends

Generous PTO

Growth & Insights and Company News

Headcount

6 month growth

-8%

1 year growth

-9%

2 year growth

-7%
Forbes
Jan 18th, 2024
A 'Marauder'S Map' For The Office: Virtual Hq App Roam Exits Beta Period Amid More Rto Mandates

Yext CEO Howard Lerman speaks onstage at the ONWARD17 Conference- Day 2 on November 2, 2017 in New York City. (Photo by Slaven Vlasic/Getty Images for ONWARD17) gettyT he idea for Howard Lerman’s next startup came when he forgot to include someone in a Zoom call. It was during the pandemic, when the serial entrepreneur was running Yext, the publicly traded online marketing platform he cofounded. Large videoconference calls were common at the time, with squares of camera-off and camera-on coworkers spilling off the screen. In remote work, “if you forget to add someone to a Zoom calendar invite, it’s like they don't exist,” says Lerman, who also cofounded Confide. “They have no way of knowing that the meeting was going to happen.”Yet that moment sparked the idea of a “Marauder’s Map” for the office, Lerman says, borrowing the Harry Potter concept of a magical diagram that represents both the wizarding school’s interior and people’s locations within it

PR Newswire
Dec 15th, 2023
The Hybrid Workplace Research Study 2023: Innovations For Employee Engagement - Innovative Solutions To Boost Engagement In A Hybrid Model

DUBLIN, Dec. 15, 2023 /PRNewswire/ -- The "The Hybrid Workplace: Innovations for Employee Engagement" report has been added to ResearchAndMarkets.com's offering."The Hybrid Workplace: Innovations for Employee Engagement" report goes beyond general advice; it delivers practical, innovative solutions to boost engagement in a hybrid model. Ideas range from review roulette to an online suggestion box.The report focuses on actionable ideas, rather than abstract concepts or debates. It references creative employee engagement initiatives from technology leaders like Spotify, Atlassian, and Adobe, plus emerging innovators. The careful combination of analysis and bullet points grants busy leaders quick access to data-driven and directly applicable findings.Organizations are exploring innovative tools and practices to enhance team cohesion and productivity in the hybrid workplace. Ultimately, a more engaged employee is a more productive and inspiring team member, lifting the organization to new heights.According to Gallup, "highly engaged business units realize an 81% difference in absenteeism and a 14% difference in productivity." Furthermore, when the data is viewed collectively, "the behaviors of highly engaged business units result in a 23% difference in profitability." While this data underscores the importance of engagement, no employer is actively trying to make their workers distracted or disinterested

Cairns and District Environmental Services
Oct 4th, 2023
Remote store operator CEQ launches new Nutrition and Wellbeing Strategy to support healthier choices in local Indigenous communities

Since then a Store Nutritionist has been appointed to lead the Gather and Grow Healthy Stores project, a partnership with Health and Wellbeing Queensland to promote healthy purchasing in remote stores.

Aptoide
Mar 9th, 2023
The Rise of Gather: $50M Series A Funding Led by Sequoia Capital and Index Ventures

Gather, a virtual event platform that allows organizers to host yareel interactive and engaging events online, has raised $50 million in a Series A funding round.

Business Today
Feb 26th, 2023
Gather hqs series sequoia capitalmascarenhastechcrunch | Businesstodayweb

Similarly, Bizzabo, a platform that enables users to create and manage virtual and in-person events, raised $138 million in a Series E funding round led by Insight Partners.

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