LaunchNotes Lands $15 Million Series A

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; LaunchNotes&comma; which provides personalized&comma; automated&comma; and secure way to connect your teams and users to your product development lifecycle&comma; has raised a <span class&equals;"xn-money">&dollar;15 million<&sol;span> Series A round led by  Insight Partners&comma; with participation from Atlassian Ventures&comma; The New Normal Fund&comma; Essence VC&comma; and existing investors Cowboy Ventures and Bull City Venture Partners&period;<&sol;p>&NewLine;<p>This funding will support the expansion of LaunchNotes from a product change communication solution to a full platform for Product Success&period;<&sol;p>&NewLine;<p>With a suite of tools for targeted announcements&comma; feedback collection&comma; roadmap sharing&comma; and more&comma; LaunchNotes helps product teams keep their customers&comma; colleagues&comma; and other key stakeholders connected to the product development cycle&comma; ultimately creating happier&comma; stickier customers&period; LaunchNotes is helping fuel the success of leading product teams across the SaaS industry&comma; including Loom&comma; Hopin&comma; Drata&comma; Flatfile&comma; Amplitude&comma; MURAL&comma; and many others&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Our growth trajectory over the past two years has come with a rapid pace of execution&comma;&&num;8221&semi; said <span class&equals;"xn-person">Brian Elmi<&sol;span>&comma; VP of Product at Drata&period; &&num;8220&semi;At such a crucial time&comma; when engaging with existing customers could easily fall through the cracks&comma; LaunchNotes has allowed us to 4X our cadence of relevant updates and delight customers with targeted&comma; meaningful communication&period;&&num;8221&semi;<&sol;p>&NewLine;<p>In just two years LaunchNotes has achieved breakout traction with its initial product offerings&period; Last year&comma; the business reported 650&percnt; revenue growth and 300&percnt; new customer growth&period; Additionally&comma; LaunchNotes-powered product updates are now reaching over 500&comma;000 users per month&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Our ultimate goal is to provide everything product teams need to succeed and excel in the modern world&comma;&&num;8221&semi; said <span class&equals;"xn-person">Tyler Davis<&sol;span>&comma; LaunchNotes&&num;8217&semi; Co-Founder and Chief Executive Officer&period;<&sol;p>&NewLine;<p><b>&&num;8220&semi;<&sol;b>We&&num;8217&semi;re going to be laser focused on unlocking Product Success by modernizing the product development cycle for teams everywhere&period; We&&num;8217&semi;re excited to deliver a Product Success Platform that connects the core parts of the development cycle — such as comms&comma; feedback&comma; and planning — into a unified customer experience&period; By creating this seamless loop and removing the most common pain points&comma; we will enable the product teams of today to build the great technologies of tomorrow&period;&&num;8221&semi;<&sol;p>&NewLine;<p><span class&equals;"xn-person">Ryan Polk<&sol;span>&comma; Insight Partner&&num;8217&semi;s Head of Product&comma; joined LaunchNotes&&num;8217&semi; Board of Directors as a part of the fundraise&period; &&num;8220&semi;As a former Chief Product Officer&comma; I have led many product teams over my career&comma; and I am very familiar with the pain points the LaunchNotes team is solving&period; Dramatically increasing the ability of product teams to engage and interact with their customers is one of the most potent opportunities in today&&num;8217&semi;s software-driven economy&period; We&&num;8217&semi;re excited to partner with LaunchNotes on this ambitious mission&period;&&num;8221&semi;<&sol;p>&NewLine;