OpenView invests $25M in Deputy

Deputy
Deputy
Jan 18, 2017 · 5 min read
  • Offices in 4 countries
  • Over 28,000 customers
  • Customers in 70 countries (on every continent)
  • 450,000 users
  • Over 60,000,000 shifts handled

What does it mean for you (customers)?

Only one thing — more awesomeness in Deputy! You have seen us ship over 150 new features in 2016. As we went into the holiday break, we released Auto Scheduling (details coming soon), tabs for multi tasking, android update, custom pay rates, and many more useful new features. We will accelerate our development roadmap even further in 2017 and beyond. We have great product upgrades in the pipeline which will further improve your working lives. To achieve all this, we’ll need to double the headcount of our engineering team! Check out all the new openings here.

Not a Deputy customer yet?

I am surprised to see how some of the most technologically advanced companies run their timesheets and employee scheduling on spreadsheets! I can only imagine the inefficiencies and frustrations, not to mention the costly mistakes that are made. Even those who have a competitive solution often suffer a broken experience. Just last month, I was at the airport when I noticed our competition’s time clock up on the wall.

A slide from our investor pitch deck

Why OpenView?

There was no shortage of Venture Capital interest in Deputy. We are in a growth stage where we invest in every dollar earned into growing the business. We didn’t need to raise any money as we have been growing 450% YoY. For us, a VC partnership should be all about the experience and expertise they bring to the mission of scaling our business. This is where we believe OpenView is different from every other institutional VC. They are not only great people but they have an expansion team that will complement Deputy to help us be better at everything.

In Photo (Left to Right): Steve Shelley (who enjoyed the Chocolate & Hazelnut gelato) , Howard Leibman (Equity Venture Partners, Vanilla), Myself (Salted Caramel), George Roberts (OpenView, Salted Caramel), Dan Demmer (OpenView, Salted Caramel) and Rick Pelletier (OpenView, Vanilla)

One more thing

As a company we have operated without a CEO for quite sometime. My expertise is product and technology, which is why I have been serving in the role of CTO. The board has now decided that I should also serve in the office of CEO. I feel extremely honoured to have this role, as Deputy has been my life’s work. One thing Steve Shelley has taught me is that good managers grow the people they lead, ultimately making themselves redundant. In this same philosophy, I will also announce that nothing will make me more proud to have someone more passionate, dedicated, hardworking than I am in leading Deputy. So if you think you have what it takes to do one of my jobs (CEO or CTO) in future, apply here.


Every Business Needs A Deputy

Sharing articles on Business, Technology, Leadership, Productivity, Work Life Balance and the World of Work. Whether you’re a business owner, manager or an employee, we’ve got the stories for you

Deputy

Written by

Deputy

Deputy is an all-in-one workforce management solution that simplifies scheduling, timesheets, tasking and communication. Get back to loving your business again.

Every Business Needs A Deputy

Sharing articles on Business, Technology, Leadership, Productivity, Work Life Balance and the World of Work. Whether you’re a business owner, manager or an employee, we’ve got the stories for you