Wunderlist founders secure $19m for new venture
A German software technology start-up set up by the founders of Wunderlist, the productivity app acquired by Microsoft in 2015, has raised $19 million.
Pitch, which started in Berlin in January 2018, has been hailed as the next generation of presentation software. The start-up is building a new platform for presentations and content collaboration.
Christian Reber, CEO and founder of Pitch, says presentation tools have not kept pace with technology and feel "unnecessarily complex and difficult to use".
"There needs to be something new, different and substantially better," he said."We set out to rethink how individuals and teams express ideas, collaborate and communicate progress, and support their decision-making with well understood data.
"The result is an ambitious vision to build an open platform and radically improve the way presentations are crafted and knowledge is shared. A new paradigm, designed for everyone, made for teams."
Pitch has raised a total of $22 million funding and grown to a team of 20.
The $19 million Series A funding round was led by new investor Index Ventures and existing backer BlueUard. Further new investors include Slack Fund, Zoom CEO Eric Yuan, Framer CEO Koen Bok, Elastic co-founder Simon Willnauer, Datadog CEO Olivier Pomel, Wunderlist backer Frank Thelen and Metalab founder Andrew Wilkinson.
The investment will be used to grow the team in design, engineering and marketing – and to bring the product to market.
Neil Rimer, partner at Index Ventures, is joining the Pitch board as part of the funding round.
He added: "From messaging to file sharing, software companies like Slack and Dropbox have transformed how teams work together and unlocked greater productivity as a result.
"We believe Pitch has the potential to redefine the presentation space and become a central hub for content collaboration, knowledge-sharing, and ultimately a platform for better decision-making."