Video messaging app Volley has announced a $5.5 million seed investment.
The funding for Volley, which has been referred to as the “Snapchat for work,” was led by Silicon Valley-based Shasta Ventures.
Josh Little, CEO of Volley, said the company aims to provide an easier, asynchronous means of communication between remote colleagues — and it appears to be working. In fact, Volley has seen a 98% retention rate from activated users so far.
“No one is excited over a day filled with back-to-back Zoom meetings and endless Slack pings that often leave out crucial context,” said Joe Wilson, Head of Product at Volley. “Volley alleviates these common problems with a form of communication that’s fast, easy, and fun to use.”
Volley will use the funding to expand its services and scale to meet growing demand for the future of work.
