What is Double?
Founded in 2018, Double provides a comprehensive assistant service designed to streamline daily operations for high-growth companies. The platform functions as a hybrid solution, leveraging human expertise alongside proprietary technology to manage administrative tasks, scheduling, and complex delegation workflows. By positioning itself as a force multiplier for executives, Double has carved out a distinct niche in the productivity software market, moving beyond simple task management to offer a holistic approach to operational efficiency. Its service model is specifically engineered to reduce the cognitive load on leadership, allowing them to focus on high-leverage strategic initiatives rather than routine coordination.
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 Teamworthy Ventures, Forefront Venture Partners, Le Fonds, Index Ventures, FJ Labs, Daphni, and Eurazeo
Key Investors in Double
Index Ventures
Index Ventures is a premier venture firm that partners with founders from seed to IPO, focusing on companies that challenge the status quo. Their portfolio includes global leaders like Adyen and Datadog, reflecting a commitment to building enduring, high-impact businesses.
Daphni
Daphni is a venture capital firm that manages a diverse portfolio across sectors like artificial intelligence and sustainability. They provide both financial backing and strategic support to early-stage ventures, fostering innovation through a robust talent network.
Teamworthy Ventures
Teamworthy Ventures focuses on building long-term relationships with entrepreneurs, investing in software and software-enabled services. They support innovation across various industries, aiming to foster companies of purpose and integrity.
What's next for Double?
With the infusion of $8.5M, Double is well-positioned to deepen its market penetration and enhance its technological infrastructure. The strategic roadmap likely involves scaling its human-in-the-loop service model to accommodate larger enterprise clients while simultaneously refining its automation capabilities to improve service delivery speed. As the company matures, the focus will shift toward expanding its reach within the competitive landscape of workplace productivity tools, potentially integrating more deeply with existing enterprise software ecosystems. The continued support from its investor base suggests a long-term commitment to establishing Double as an essential component of the modern executive's toolkit, driving sustainable growth through both service excellence and technological innovation.
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