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About Slack
Industries
Consumer Software
Enterprise Software
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$1.4B
Headquarters
San Francisco, California
Founded
2009
Overview
Slack is a collaboration platform that helps teams communicate and work together more effectively. It provides tools for messaging, file sharing, and connecting with other applications, which allows users to streamline their workflows. Teams can create channels for different topics, send direct messages, and share documents all in one place. Slack also allows developers to build custom integrations using its APIs, which means users can automate tasks and enhance their experience with various third-party applications. Unlike many competitors, Slack offers a free tier with limited features, making it easier for new users to try the platform before committing to a subscription. The goal of Slack is to improve productivity and communication within organizations of all sizes.
Simplify's Take
What believers are saying
- Increased demand for remote work tools boosts Slack's user adoption.
- Slack Fund III invests $100M in startups, enhancing its ecosystem and future growth.
- The trend towards platform unification benefits Slack's comprehensive suite of tools.
What critics are saying
- Microsoft Teams' rapid expansion threatens Slack's market share.
- Economic downturns may lead to budget cuts affecting Slack's subscription revenue.
- Privacy regulations like GDPR could impose additional compliance costs on Slack.
What makes Slack unique
- Slack offers a comprehensive suite of tools for seamless team collaboration.
- The platform's Workflow Builder enables no-code automation for users with varying expertise.
- Slack's robust security measures make it a trusted choice for enterprise communication.
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Funding
Total Funding
$1416.6M
Above
Industry Average
Funded Over
10 Rounds
SoftBank
Accel
Kleiner Perkins
Andreessen HorowitzBenefits
Time off to rest, recharge and volunteer
Exceptional health-care coverage
Holistic programs for well-being, family planning and more
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -2%Amy Spurling wasn't planning to raise funding during a pandemic. On Thursday, Compt announced $1.5 million in seed funding from Harlem Capital Partners, Impellent Ventures, and the workplace chat app Slack. Part of the pitch that won over investors, Spurling said, was her experience on the buy side of so many HR benefits and perks vendors over the years. Any of Compt's 35 existing customers can allot budgets for each employee in a given benefits category — say, family wellness. "It won't be a typical recession," Spurling said of the changes coming to the global economy.
WorkRamp, which develops e-learning and in-person tools for upskilling in corporate settings, has raised $40 million.
Slack has improved the layout and added new features for the iPad version of the app.
Slack Fund 3 would continue to invest in early-stage as well as pre-IPO rounds, thus opening itself up to a wide basket of startups.
Slack has even launched a unique ROI estimator that can forecast your return depending on a range of factors.
There are no jobs for Slack right now.
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About Slack
Industries
Consumer Software
Enterprise Software
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$1.4B
Headquarters
San Francisco, California
Founded
2009
There are no jobs for Slack right now.
Find jobs on Simplify and start your career today