![]() The software startup also added two new senior executives at the end of 2020 to grow its employees and revenue.Ĭalendly was founded by Tope Awotona, who grew up in Nigeria but moved to the US when he was a teenager.īefore he started working on Calendly, he tried building a dating site that didn’t launch due to a lack of resources. It will use the $350 million investment to provide liquidity for early shareholders and employees and continue product innovation. In the past year, a new set of users, including health workers, teachers, contractors, entrepreneurs, and freelancers, have started using Calendly to schedule meetings.īefore this investment, Calendly, which has been profitable since 2016, had raised just $550,000. The reason for the surge in its usage can be credited to the now prevalent work-from-home culture. Last year, Calendly also doubled its subscription revenue to $70 million. In 2019, Calendly had less than a million users now, it currently has about 10 million people using its features. The high valuation is due to the explosive growth Calendly experienced last year. He discusses the Democratic Party’s sneaky relationship with the police in cities and states under Dem control, and why Joe Biden is a cop and the Steve Jobs of mass incarceration.Tope Awotona’s cloud scheduling platform Calendly, has raised $350 million from OpenView Venture Partners and Iconiq capital, making the Atlanta-based company valued at over $3 billion. Listen to GHOGH with Jamarlin Martin | Episode 73: Jamarlin Martin Jamarlin makes the case for why this is a multi-factor rebellion vs. After he died, Awotona vowed he would make his dad proud by becoming a successful entrepreneur. high school for two years before going to college.īefore his death, Awotona’s father had quit a nine-to-five job to run a startup, according to LegitNG. Instead, she moved the whole family from Lagos to Marietta, Georgia, so he could attend a U.S. college, but his mother thought he was too young. He received an offer at age 15 to attend a U.S. Devastated, Awotona focused on his school work and excelled. Smart Policies are as low as $30 a month, No Medical Exam RequiredĬlick Here to Get Smart on Protecting Your Family and Loves Ones, No Matter What HappensĪwotona founded Calendly at the Atlanta Tech Village, a startup incubator started by serial software entrepreneur David Cummings, according to Atlanta Business Chronicle.Īwotona was raised by his pharmacist and microbiologist parents in Lagos, according to a Twitter thread posted by Ankith Harathi, co-founder and CEO at Macro, a customizable meeting interface built on top of Zoom.Īs a 12-year-old, he saw his father shot and killed during a carjacking. In 2013, Awotona cashed in his 401k and went into debt to build Calendly.īlack Americans Have the Highest Mortality Rates But Lowest Levels of Life InsuranceĪre you prioritizing your cable entertainment bill over protecting and investing in your family? Then he had an idea that excited him: designing software that would minimize the hassle and headaches of scheduling meetings. He launched a series of e-commerce businesses that failed because he had no passion for them. as a teenager and attending college in the U.S., Awotona worked as a door-to-door salesman but planned on becoming a tech entrepreneur, according to NPR. “Our profitable, unique, product-led growth model has led to Calendly becoming the most used, most integrated, most loved scheduling platforms for individuals and large enterprises alike,” Awotona said in a prepared statement.Īfter immigrating from Nigeria to the U.S. More than 10 million people per month, including workers at Zoom and Twilio, use the platform to streamline the way they schedule meetings. ![]() Calendly doubled its subscription revenue to $70 million in 2020, according to the announcement.
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