Docket Meeting App Secures $1.25 Million in Funding After Zoom Competition
Docket raises additional funding from Zoom investors to grow meeting productivity platform
Docket, a software-as-a-service (SaaS) productivity platform for managing effective meetings, has secured $1.25M in funding from new investors Sequoia Capital, Emergence Capital, Horizons Ventures and Maven Ventures with participation from existing investor High Alpha Capital.
The funding follows Docket’s first-place finish in Zoom’s Marketplace App competition in May.
“We’re very excited to support Docket to become one of the many billion-dollar businesses that will be built on Zoom’s platform,” said Jim Scheinman, Maven Founding Managing Partner. “The opportunity for the two products to integrate, making meetings better and more effective, is a vision we’re proud to back at Maven.”
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Docket’s easy-to-use platform ensures business meeting processes are productive, collaborative, and celebrated. The platform’s suite of features maximizes the time spent before, during, and after meetings, making it simple for users to create and share agendas, take complete and accurate notes, assign actions and share recaps across for organizational alignment.
“Zoom Marketplace apps like Docket provide additional value and enhance the overall user experience,” said Ryan Azus, Chief Revenue Officer of Zoom Video Communications. “Combinations like Docket and Zoom can help any organization automate, integrate and collaborate more effectively.”
The investment extends Docket’s $1.5M seed round that closed in January led by Allos Ventures with participation from High Alpha Capital, Elevate Ventures and Simon Equity Partners.
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“This additional funding reaffirms Docket’s mission to rid the world of wasteful meetings,” said Docket CEO and Co-Founder, Darin Brown. “Zoom has solved the most pressing challenges with video conferencing and has made it easy for teams to meet virtually. Our focus is to help everyone understand why they are meeting by facilitating the human-led collaboration processes that take place before, during and after a meeting.”
Docket is the 14th company to launch out of High Alpha’s venture studio. Prior to co-founding Docket, Brown served as the CTO of Angie’s List and Vice President at Salesforce and ExactTarget.
The additional funding allows Docket to expand in engineering and customer success, emphasizing platform growth, user acquisition and long-term retention.
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