$4 million to build Hive
The next step in the journey
We’re delighted to share that we’ve reached an exciting new milestone in Hive’s journey, with $4m of investment to build our vision for a simpler workplace.
Vocap Investment Partners led the round that included Rembrandt Venture Partners and return investors Tribeca Venture Partners. It’s a potent team for a heck of a challenge: building a new platform for business.
Hive was born out of the frustration we saw over 10 years of watching how work was getting done. So many teams had overloaded inboxes and with their tasks and files spread out across 5 different tools. This fractured system leaves teams disorganized and inefficient, and individuals exhausted.
That’s why we set out to build an integrated platform that was simple enough for anyone to use. We know that bringing work into one platform will make it simpler to track and execute team goals.
Since launching Hive, we’ve grown to be used by thousands of enterprise teams, including WeWork, Samsung, and Pinterest.
This success is owed all those early teams that took a chance on our platform and provided the key feedback that has made it to what it is today. Thank you for believing in our potential.
We’ve come a long way — Hive v1 looks positively ancient now! :) Check it out:
What next?
With this new capital, we’ll be investing in improving the Hive platform to make it easier for our customers to achieve their goals. Here’s what’s next:
- Taking our mobile experience from good to great
- Allowing everyone to track time (especially great for agencies)
- Calendaring and events
- …and a secret plan for the future of email
As always, customer feedback will play a key role in the improvements we make. If there is anything you would like to request, feel free to email us at help@hive.com.
We’ll also be expanding our team across many different roles in our NYC office. If you’re interested in helping us build the best teamwork platform, check out our careers page.
Thank you to our customers and investors for all your support! Together we will continue to build a platform that will help teams thrive and achieve their goals.