Azendoo, a French startup which has developed a business-collaboration service that it bills as “Slack meets Wunderlist”, has announced that they have picked up $1.5 million in funding from private backers Arnaud Vinciguerra and Thibault Poutrel, as well as from French accelerator TheFamily. The funding, which brings the total amount raised by the startup to $2.5 million (including initial funding by Halisol), will be directed towards the continued development of Azendoo’s app and creating partnerships with marketers.
Azendoo launched back in 2012 and has found solid demand for their service, currently claiming more than 300,000 users from 80 countries. The business generates revenue through subscriptions, charging between $0-9 monthly (or less, if users opt for the annual plan) for a platform that allows people to integrate with a wide range of services (YouTube, Dropbox, Reddit, PayPal, Evernote, Instagram, Google Drive, and many others) in order to manage marketing campaigns or other projects. The company most recently rolled out Task Pilot, which Azendoo bills as a major redevelopment, with a focus on increased stability and performance, of its core platform.
Speaking of revenue, the startup has also announced that their revenue has doubled every 6 months for the past 18 months, with its app gaining particular track among clients looking to manage events, plan campaigns, or sync on creative projects.