Kadence Raises $10 Million in Seed Round

by Kay Aloha Villamor in December 29th, 2022

Kadence, a San Francisco, CA-based hybrid software company, announced that it raised $10 million in a seed funding round.

The round was led by Kickstart Fund, with major participation from Manta Ray, Hambro Perks, and Vectr7 as well as Shadow Ventures and Forward VC.

Kadence also attracted notable future of work angel investors including Cal Henderson, Co-Founder and CTO at Slack, Shaun Ritchie, CEO and Founder of Teem, and Nick Bloom, Stanford professor, research leader, and worldwide authority on remote work.

The company has grown from 0 to 300 customers in the last 18 months, from governments to fast-growing tech unicorns like Collibra and Starling Bank. 

Kadence has also helped companies reduce expensive office space by 68% while also increasing the number of employees coming into the office to collaborate by 25% month over month.

Company: Kadence.Inc.

Raised: $10.0M

Round: Seed Round

Funding Month: December 2022

Lead Investors: Kickstart Fund

Additional Investors: Manta Ray, Hambro Perks, Vectr7, Shadow Ventures, Forward VC, Cal Henderson, Shaun Ritchie, and Nick Bloom

Company Website: https://kadence.co/

Software Category: Hybrid Working Platform

About the Company: Kadence is a hybrid working platform that coordinates people, places, and projects to help employees be in the right place at the right time with the right people - to get their best work done. Kadence believes that the future of work lies in finding a rhythm that works for both employers and employees, which is why their product gives people the power to choose when they work, where they work, and who they work with.

Source: https://www.globenewswire.com/en/news-release/2022/12/07/2569595/0/en/Kadence-Announces-10M-Seed-Round.html





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