What is Double?
Double operates as a flexible assistant service, empowering companies by providing essential human support, advanced technology, and effective delegation methods to streamline daily operations. Headquartered in Brooklyn, NY, and established in 2018, Double focuses on enhancing business efficiency through its comprehensive service offerings. The company's mission is to alleviate the burden of administrative tasks, allowing businesses to concentrate on core strategic objectives and innovation.
How much funding has Double raised?
Double has raised a total of $14.5M across 2 funding rounds:
Angel/Seed
$6M
Series A
$8.5M
Angel/Seed (2020): $6M with participation from Index Ventures and Daphni
Series A (2021): $8.5M led by Forefront Venture Partners, Le Fonds, Eurazeo, Daphni, FJ Labs, Teamworthy Ventures, and Index Ventures
Key Investors in Double
Forefront Venture Partners
Forefront Venture Partners is an investor focused on high-growth, early-stage companies, providing strategic guidance and fundraising assistance.
Eurazeo
Eurazeo is a global investment company with expertise in private equity and venture capital, supporting companies of all sizes in their development and growth.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, with a strong focus on marketplace and network effect businesses, backing visionary founders.
What's next for Double?
The recent major strategic investment signifies a pivotal moment for Double, likely enabling accelerated product development, market expansion, and enhanced service delivery. This capital infusion is expected to fuel the company's growth, allowing it to scale its operations and further solidify its position in the competitive assistant services market. Future strategic initiatives may involve expanding its technological capabilities and broadening its client base across various enterprise sectors.
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