Bonsai, a NYC and Raleigh, NC-based provider of a 1:1 professional advice and networking platform, raised a new funding round.
The round, which brought total funding raised to date to $5.3m, was led by Activate Venture Partners.
The company intends to use the funds to accelerate growth of its platform.
Founded by Patrick Sullivan, who previously started and sold RightsFlow (a past Activate portfolio company) to Google and Source3 to Facebook, and Jake Rosenfeld, a former VC at data-driven Correlation Ventures, Bonsai provides a 1:1 professional advice and networking platform, which enables “learners” to launch, pivot, and grow their businesses and careers to meet, over live 1:1 video chats, with “coaches” via a “pay what you wish” model.
Bonsai coaches are professionals, executives, and entrepreneurs, mostly coming from the tech, media, and music industries, such as The Orchard (Sony) founder, Richard Gottehrer, former Facebook executive, Ellen Silver, and Google Drive founder, Jonathan Rochelle.
The company has team members distributed across the U.S.