OSlash, an enterprise software that facilitates cross-sharing of information in a workplace, announced a $5M post-seed round from 40+ well-known operators including Kunal Shah (CEO, Cred), Christian Oestlien (VP Product, YouTube), Kevin Weil (President, Planet; ex Instagram), Akshay Kothari (COO, Notion), and Cristina Cordova (Partner, First Round), in addition to $2.5M raised in September 2021 from Accel Partners and several prominent angel investors.
By raising an entirely operator-led round, OSlash is trailblazing the future of fundraising by shifting the focus from more capital to value addition, expertise, and mentorship, the statement said.
Led by SaaS veterans and co-founders Ankit Pansari and Shoaib Khan, OSlash is currently valued at $50 million. The company plans to employ the fresh funds to set up hiring in USA & Europe and grow its universal search tool that pulls together information from disparate applications.
“It’s great to have onboard top executives from companies we love. Their expertise in SaaS definitely lends itself to a better product for everyone,” said OSlash CEO Ankit Pansari.
Further commenting on the timing of OSlash, he said, “With web applications becoming commonplace, everyone is constantly overwhelmed by the sheer volume of information scattered across different applications. There’s an urgent need for a better way to navigate and share work. In the coming months, we want to thrive on the great shift in where work happens – whether it’s hybrid, remote, or meta.”
Currently, OSlash is used by over 3000 teams worldwide including Cred, Khan Academy, and Twitch.
As the round comes to a close, this is what Kevin Weil, ex-Head of product at Instagram, Twitter, and early investor at OSlash had to say, “The power to index links and retrieve information quickly is crucial for organizations that want to scale. I’m excited for OSlash to become the de-facto way employees at every company keep information at their fingertips.”
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.