Fellow Finds $24 Million Series A

<p><strong><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;strong> &&num;8211&semi; <u>Fellow<&sol;u>&comma; which operates a meeting productivity and team management platform&comma; has raised <span class&equals;"xn-money">&dollar;24 million<&sol;span> in Series A funding led by Craft Ventures&comma; with participation from iNovia&comma; Felicis&comma; Garage Ventures&comma; Formentera and SVB&period; The funding will enable Fellow to empower managers and their teams to run productive meetings through collaborative agendas&comma; assigned action items&comma; and an expert-approved meeting template library&period; Over the last year&comma; Fellow&&num;8217&semi;s customer count has more than tripled and so has the number of meetings hosted on the platform — with more than 2 million meeting agendas and notes hosted&period; The new funding brings the company&&num;8217&semi;s total funds raised to <span class&equals;"xn-money">&dollar;30&period;5 million<&sol;span>&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Unproductive meetings don&&num;8217&semi;t just waste the precious resource of time—they ultimately cost businesses <u><span class&equals;"xn-money">&dollar;37B<&sol;span> a year<&sol;u> in the U&period;S&period; alone&comma;&&num;8221&semi; said Fellow Co-Founder and CEO&comma; <span class&equals;"xn-person">Aydin Mirzaee<&sol;span>&period; &&num;8220&semi;Fellow helps solve this problem and also helps leaders manage their teams more effectively&period; As a purpose-built tool for meetings&comma; Fellow supports every type of meeting out there—from one-on-ones to project kickoff meetings and stand-ups&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Companies use Fellow to drive engagement and productivity before&comma; during&comma; and after every meeting with&colon;<&sol;p>&NewLine;<ul>&NewLine;<li><b>Collaborative <u>meeting agendas<&sol;u><&sol;b> that give meetings a clear purpose and encourage participants to actively contribute&period;<&sol;li>&NewLine;<li><b>Meeting <u>action items<&sol;u><&sol;b> that can be assigned to specific team members and carried forward for automated follow-up&period;<&sol;li>&NewLine;<li><b><u>Meeting templates<&sol;u><&sol;b> of all kinds—from project kickoffs to 1-on-1s&comma; all hands&comma; and more—that empower Fellow users to run meetings like experts&period;<&sol;li>&NewLine;<li><b>Suggested questions<&sol;b> for one-on-one meetings between managers and their direct reports&period;<&sol;li>&NewLine;<li><b><u>Feedback<&sol;u><&sol;b><b> features<&sol;b> that allow managers to implement complete assessments and ask for feedback about meetings&comma; projects&comma; and processes&period;<&sol;li>&NewLine;<li><b>Workspace <u>Analytics<&sol;u><&sol;b> to gain insight on meeting productivity and how often managers hold 1-on-1s with their direct reports&period;<&sol;li>&NewLine;<li><b>Zoom&comma; Google Meet&comma; and MS Teams <u>integrations<&sol;u> <&sol;b>to facilitate note-taking and decision documentation in virtual meetings&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Customers using Fellow include Shopify&comma; Hopin&comma; GoCardless&comma; and institutions such as <span class&equals;"xn-org">Stanford University<&sol;span>&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Fellow is a lifesaver for teams and managers everywhere&period; With the increase of remote work&comma; meeting management has become a critical component for teams to optimize productivity&comma;&&num;8221&semi; said <span class&equals;"xn-person">Lainy Painter<&sol;span>&comma; partner at Craft Ventures&period; &&num;8220&semi;Fellow is helping people have better&comma; more productive meetings while also helping educate and equip leaders to manage more effectively&period;&&num;8221&semi;<&sol;p>&NewLine;