Iteration X, a Paris, France-based startup collaboration platform, raised $4.7 million in seed funding led by Connect Ventures, to keep working on product development and business development in the US where it has launched.
The round includes La Famiglia, Diaspora Ventures, and a host of angel investors, including Jonathan Anguelov (co-founder, Aircall), Nicolas Dessaigne (co-founder, Algolia, and Group Partner, YC), Thibaud Elziere (founder & CEO, eFounders/Folk), Tony Jamous (founder & CEO, Oyster), Jeremy Le Van (co-founder, Sunrise), David Okuniev (co-founder, Typeform), and Peder Stahle (CPO at Kry).
“Teams are wasting considerable time capturing and fixing issues on their web products and going back-and-forth with their teammates, sending screenshots, emails, messages and videos. This becomes increasingly painful as products grow and teams increase in size or when agencies are working with multiple clients” said Mehdi Djabri, CEO and co-founder of Iteration X.
Iteration X allows teams to collaborate directly on their live products and websites without switching contexts; the platform also integrates with several existing tools and workflows, such as JIRA, Slack, Notion, and Asana.
Company: Iteration X, Inc.
Round: Seed Round
Funding Month: March 2023
Lead Investors: Connect Ventures
Additional Investors: La Famiglia, Diaspora Ventures, Jonathan Anguelov, Nicolas Dessaigne, Thibaud Elziere, Tony Jamous, Jeremy Le Van, David Okuniev, and Peder Stahle
Company Website: https://www.iterationx.com/
Software Category: Product Development
About the Company: Founded in 2021 by Mehdi Djabri, Aymeric Sans, and Flora Michalon, Iteration X is a platform for collaborating on web apps and websites directly on the live product, where it naturally belongs. This empowers non-technical teams to flag issues, as well as annotate and propose new solutions directly on the product or the live website, without breaking the design or the code. It also allows designers and developers to outsource part of their process to product and marketing stakeholders, giving them more time to continue building and innovating. Iteration X helps companies iterate better, faster, and more efficiently on their products through collective intelligence and deep learning.