Pesto, a San Francisco, CA-based digitally native, authentically human workplace, raised $5 million in seed funding.
The round was led by Jett Fein at Headline, with participation from Manu Kumar at K9 Ventures and other funds and angels.
The company plans to use the funding to increase hiring efforts and accelerate product development.
Company: Pesto
Raised: $5.0M
Round: Seed Round
Funding Month: February 2022
Lead Investors: Jett Fein
Additional Investors: Manu Kumar at K9 Ventures
Company Website: https://pesto.app/
Software Category: Remote Access Software
About the Company: Founded in 2020 by Doug Safreno, CEO, Pesto offers a comprehensive digital workplace for distributed teams that addresses common challenges like communication friction, video fatigue, and privacy concerns. With Pesto, employees build a digital workplace that promotes communication and collaboration. Employees customize their avatar in the workplace, which takes the place of video to be less fatiguing and more personable. Then, they create a variety of rooms – organized spaces for audio-first collaboration that include screen share, video, games, or spatial features. Avatars and rooms empower employees to work together in ways that are more organic and immersive. Since its founding, Pesto has added over 10,000 teams.
Source: https://www.finsmes.com/2022/02/pesto-raises-in-5m-seed-funding.html