Double raises $6 mn funding from Index Ventures, Daphni

New York-based startup Double has announced it has raised $6 million funding from Index Ventures and paris-based Daphni. 

The company will use the funds to fuel expansion by delivering services to startup CEOs and investors that matches them with contracted remote assistants, such as managing their email, arranging travel, scheduling meetings and balancing their endless work with a personal life.

CEOs often rely on executive assistants to handle the less glamorous logistics of their day so they can focus on managing a company, but hiring a full-time assistant isn’t always easy to justify, especially at a budding startup, the company said.

“At the end of the day, these people are spending hours a day doing the things they aren’t best at,” CEO Alice Default told media. “What we realized pretty early on is that one of the things that’s hard about delegating is giving the proper context,” Default added. 

Double’s contracted assistants are all based in the US and have years of previous experiences as EAs, Double says. When an exec signs up for the service, they are guided through an onboarding call where they can share some of their needs before being paired up with a dedicated assistant. Double says its assistants are generally working with about 4-5 clients at a time and in some cases are assisting multiple execs at the same company. 

Earlier, Double had helped in building the popular Sunrise calendar app, which Microsoft bought in 2015 only to later discontinue. The company has spent the last couple years developing software to facilitate the connection between assistants and executives.

Website | + posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: