Dear friends,
We can all agree, 2020 has been a bumpy ride so far. Coronavirus has turned our world upside down and brought the personal and professional lives of many to a screeching halt.
At eFounders, we’re turning this view on its head. Amidst the doom and gloom, there is room for positive change. The sudden shift to remote work has created a crucible of innovation and new opportunity. Businesses need better collaborative tools and new ways of working. And today is a special day. We're launching our latest project yet: Kairn. It's now time more than ever to build the future of work.
Silver Linings 🌥️
Significant funding rounds headlined a successful start to 2020.
Front kickstarted the year and raised a $59M Series C. The new round accelerates Front’s rapid growth and is another step in their unrelenting progress.
Slite raised an $11M Series A. They’re on a mission to help teams work better with more transparency and focus. As a remote-first startup, Slite’s success is a note of optimism for companies adapting to a virtual workspace.
Weathering the Storm 🌩️
Times of crisis breed resiliency and strength. Hewlett Packard started from a Palo Alto garage amid the Great Depression. The 2008 financial crisis gave birth to today’s tech giants like WhatsApp, Airbnb, Uber, Pinterest, and Slack.
Today’s pandemic will be no different. Our business of creative disruption is needed more than ever, and our teams are ready at the frontline with new tools and adaptations in their arsenal.
Foxintelligence has leveraged its data and consumer intelligence to measure the confinement’s impact on e-commerce in France. Its weekly barometer is creating immediate value and has garnered notable attention in the French media here and here.
Once has unlocked new value through the power of stories. They shared how storieshave simplified team communication at eFounders and strengthened our engagement in remote times.
Yousign is reaping the rewards as the eSignature space is booming.
Our startups are serving the greater good by offering remote working resources free of charge. Slite has released a plethora of resources and is now free for NGOs, students and teachers. Aircall and Front teamed up in this article to assist companies who are new to a virtual work environment.
The lockdown has also prompted us to reflect on our new ways of working. Our founder Thibaud shared his thoughts on the unexpected benefits of hiring remotely.
A New Dawn ☀️
On our side, we’ve been bursting with excitement with new projects. The confinement has definitely not hampered our urge to create. In early April, we announced the first startup of our EF2020 batch: Canyon. Our second foray into the legal tech business after Equify, Canyon gives legal teams superpowers.
And today, after weeks of hard-work and dedication from all the team, we're thrilled to announce the launch of Kairn - the task manager to rock your days. With the end of Wunderlist, we're reinventing the to-do list and building the ultimate productivity tool. It's time to get things done.
Thinking of joining one of our projects? First, have a look at our thoughts on why you should join an early stage startup. They’re hard to turn down, so check out our openings and let's build the future of work together.