Panobi, Co-Founded by Slack's First Head of Growth, Secures $5 Million Seed From Index Ventures to Build the First Growth System of Record | Martech Edge | Best News on Marketing and Technology
Panobi, Co-Founded by Slack's First Head of Growth, Secures $5 Million Seed From Index Ventures to Build the First Growth System of Record

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Panobi, Co-Founded by Slack's First Head of Growth, Secures $5 Million Seed From Index Ventures to Build the First Growth System of Record

Panobi, Co-Founded by Slack's First Head of Growth, Secures $5 Million Seed From Index Ventures to Build the First Growth System of Record

PRWeb

Published on : Aug 25, 2023

Panobi, the platform for growth, today announced it is available for closed beta access. Built for a Head of Growth by a Head of Growth, Panobi brings experimentation, metrics, and reports into one place. With its beta, Panobi has secured $5 million in Seed funding led by Index Ventures' Nina Achadjian and Paris Heymann. Other investors include Stewart ButterfieldCal HendersonApril UnderwoodJana MesserschmidtLenny Rachitsky, and Fareed Mosavat. Funds will be used for product development and to fuel growth in preparation for its commercial launch later this year.

Panobi was created because today growth teams at software companies are trying to fit their unique workflows into products that are built for other teams: making roadmaps in Google Slide decks, copy/pasting data from one spreadsheet to another, and then taking screenshots from BI tools to share with their execs. People end up wasting a ton of time (one day a week on average) trying to fit a square peg into a round hole. Panobi is doing for growth teams what Figma did for design teams and what Gong did for sales teams – getting their data and workflows into a single platform where they can collaborate with stakeholders and the rest of the company.

Panobi was founded by Slack's first Head of Growth, Merci Grace, who took Slack from 500,000 to over 6 million daily active users (DAU) in less than three years, and Jason Klym, the engineer who led Slack's growth team and later rebuilt critical systems to account for the company's own massive growth spike. The pair came together to create a growth system-of-record that could benefit any company. The resulting platform enables companies to iterate nimbly, ship faster, and create clarity within a single source of truth, one that is always up-to-date and accessible.

"We built Panobi because the process of simply understanding and managing growth for most companies has been a mess of disparate tools cobbled together in ways that may or may not reveal accurate insights or patterns that matter to a business' bottom line. It doesn't have to be this way," said Grace, Panobi's CEO and co-founder. "Panobi brings all the data and content that matters together into one system that simplifies the growth machine. It's a modern business tool debuting at a time when growth is becoming increasingly complex. We remove the mystery to help companies reach their potential as quickly and painlessly as possible."