Volley, the asynchronous video messaging app that has been called the “Snapchat for work,” announced a $5.5 million seed investment from top investors and an all-star group of angels. The round was led by Silicon Valley-based Shasta Ventures followed by Silicon Slopes-based Peterson Ventures.
Volley’s CEO Josh Little believes the pandemic proved that remote workers need a better way to communicate. Time spent in meetings has increased, watercooler talk is dead and text-based chats are faceless and noisy.
“The whole landscape of work has changed and continues to evolve daily,” Little said. “The old tools were built at a different time for a different world. Volley is the right tool for the way we work and interact now.”
Since Volley’s beta release in Spring 2021, several thousand teams have adopted its unique asynchronous video communication over never-ending Zoom meetings and countless Slack messages.
“No one is excited over a day filled with back-to-back Zoom meetings and endless Slack pings that often leave out crucial context,” said Joe Wilson, Volley’s Head of Product. “Volley alleviates these common problems with a form of communication that’s fast, easy, and fun to use.”
- Unlike Slack, Volley emphasizes talking over typing (76 percent of volleys sent are video).
- Unlike Zoom, Volley doesn’t require you to coordinate schedules (it’s 100 percent asynchronous).
- Unlike Loom, your volley lives in a threaded conversation with context (neatly organized).
Volley has seen a 98 percent retention rate of activated users with a growing viral coefficient that has impressed its institutional investors and grabbed the attention of top operating angels like Godard Abel (CEO of G2 Crowd), Todd Pedersen (CEO of Vivint), Austen Allred (CEO of Lambda School) Nathan Stoll (Former CPO of Strava), and Scott and Natalie Paul (serial entrepreneurs and angel investors) who have all participated in the round.
The funding will help Volley scale and bring its vision of a flexible future of work to life.