🥁 We have some NEWS! We're ecstatic to announce that we've closed a US$2.7m (AU$3.6m) Seed round, led by Black Nova Group, along with AfterWork Ventures, Investible, and Rampersand. On the surface, Functionly may seem like just another org chart. But our mission runs a lot deeper. Having been an advisor to many growing companies, we've witnessed the devastating consequences of reactive org design: dysfunction, conflict, burnout, turnover, and squandered opportunities. Large corporations have often responded by outsourcing their org structure headaches to consulting firms such as McKinsey & Company, Boston Consulting Group (BCG) or Deloitte, signing off on multi-million dollar projects that take months. We believe outsourcing these critical decisions betrays the brokenness of these organisations, and highlights how alienated managers are from the tools they need to put the right people, with the right skills, in the right place, at the right time. This motivates us to build Functionly, a continuous org design tool for modern leaders to create the best places to work and plan their winning moves. We enable companies to create organisational charts based on what people do, making it easy for all executives to strategically plan and optimise their organisations. Alongside our Seed announcement, we're stoked to be launching a FREE version of Functionly (https://lnkd.in/g7NQZ_p8) to help organisations get started. A big shout-out to our first believers who've helped us achieve this milestone: Andrew Larsen Simon Anderson David Wood Stuart Hall 😱Rayn Ong Adrian Petersen Matthew Browne Darcy Naunton Jake Booker Paul Naphtali Nicole (Kleid) Small Taryn Pieterse Jonathan G. Ben Naftzger Kate Taylor Jindou Lee Andrew Mackross Kattie Capozza - Tim Brewer and Damian Bramanis, co-founders of Functionly #peopleandculture #peopleoperations #hrtech #venturecapital #startups
Nice merch 😎 get home safe so we can surf
Applause on the journey so far, Tim and Damian! We're incredibly excited to be joining Functionly on this journey, and look forward to the many podcasts to come. 💪
Awesome work - loved working on your AC grant last year, and so proud of where you've come since, and what you will become! Love to all Functionly!
Congrats Tim Brewer and team. Great to see the growth.
A fantastic outcome, excited to join the journey. The complexities of organizational design and management have too long been left untouched and embraced as-is, couldn't be more excited that Functionly is turning a new page. Everyone should be a customer. Well done Tim Brewer, Damian Bramanis.
So happy to see you grow and deliver!
This is a fantastic tool! Just started exploring it and really excited about its potential to help in workforce planning. Congratulations!
Congrats team Functionly - very excited for AfterWork to be a part of the journey! 🎉
VC @ Black Nova VC, Exited Co-Founder of @Donesafe, Co-Founder @Upflowy, Co-Founder @Whispli, Venture Partner @Antler, Managing Partner @Black Nova Group
2yVery excited to be leading this round into Tim, Damian and the team at functionly alongside some of our favourite investors. The team have built a product which makes the job of organisational transformation and organisational management easy, cost effective and part of business as usual rather than having to engage expensive consultants to do the heavy lifting. As an ex transformational change manager myself pre my startup life I would have fallen over backwards to get my hands on Functionly. Massive kudos to the team for all they have done to date and we are really excited about the launch at SaaStr of their free product happening right now!