Quild #48: Scratchpad

Productivity app for sales people

This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.

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Scratchpad is a workspace built for sales to update Salesforce and take sales notes and daily todos. The software can be installed as a Google Chrome plugin or as a web application. It connects to Salesforce and provides an interface where sales professionals can keep all their notes, process workflows, spreadsheets, and tasks.

Founders: Pouyan (CEO), Cyrus (CTO)

Signals:

1. Repeat venture-backed founder

   • Pouyan and Cyrus co-founded PersistIQ (backed by YC and Salesforce Venture), which was acquired by Wishpond

   • Pouyan co-founded StackMob (backed by Trinity Ventures), which was acquired by Paypal

2. Top company alumni

   • Pouyan worked at Apple for years

3. Top university alumni

   • Pouyan graduated from Harvard University (MBA) and University of Minnesota (BME)

4. Fast team growth

   • Grew 2.8x YoY to 62 employees

   • And hiring a bunch more

5. Accelerated financing

   • Announced seed in 2020, series A in 2021, series B in 2022

6. Midas list investors

   • Accel led seed

   • Craft Ventures led series A and B

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Till tomorrow, Kenn