NEW YORK--(BUSINESS WIRE)--Double, a flexible assistant service for executives and their teams, today announced that it has raised $8.5 million in Series A funding. The round was led by the Paris-based venture capital firm Daphni, which invested in Double’s seed round. Existing investors Index Ventures and FJ Labs and new investors Teamworthy, Eurazeo, Le Fonds, and Forefront participated in the round. More than 20 current Double customers also participated, representing almost 10% of the round. This funding brings Double’s total funds raised to $15 million.
Double connects busy executives with experienced part-time assistants and delegation tools so they can save time and stay focused. Double assistants are local, vetted, and highly skilled. Whether a professional needs help with email, scheduling meetings, managing contacts or more, the Double app makes it easy to delegate those tasks. Double has hundreds of customers, including Contentsquare, Aircall, Mural, Hungryroot, and Daring Foods, that rely on Double to manage everything from calendar management and inbox organization to employee recruiting and event planning.
“Getting help with work shouldn’t feel like more work,” said Double cofounder Alice Default. “AI doesn’t always get it right, but real humans equipped with effective, streamlined tools do. This round of funding will enable Double to expand our customer base and our product and we are honored to have these investors on board.”
Double was founded in 2018 by Default, a Forbes 30 under 30 recipient, and Christophe Lamperti. The two met while working on Sunrise Calendar, which was acquired by Microsoft. After six years of experience in the productivity space, the founders were fixated on finding better ways for people to work together by adding a human element to productivity tools. Since then, Double has grown revenue 4x in the last twelve months. The company plans to leverage the latest funding to focus on accelerating growth, innovating productivity automation, and scaling operations.
"We believe there is nothing more important than time and that's precisely what Double offers to its clients,” said Willy Braun, cofounder of Daphni. “Delegating to vetted assistants allows executives to be more productive and spend more time focusing on what matters. We are super excited to back Double’s incredible team and valuable service.”
"Productivity tools have the potential to supercharge work, but the promises of those tools go unrealized without the right amount of human involvement,” said Nina Achadjian, Partner at Index Ventures. “The Double team combines exceptional product expertise with a thoughtful approach to delegation, giving them a huge advantage in this market."
With this funding, Double will scale its team and invest new resources to reach and attract customers. The company will make Double assistants even more productive by automating standard tasks and introducing knowledge sharing for complex tasks. Finally, Double will grow operations to effectively support hundreds of “Doubles” with automated matching and high-touch training in the product.
Double is a flexible assistant service that helps executives and their teams get time back by providing human support, technology, and delegation methods to manage daily tasks. Headquartered in Brooklyn, NY, Double has more than 400 customers throughout the US and France.