Panobi Raises $5M in Seed Funding

panobi

Panobi, a San Francisco, CA-based provider of a platform for growth teams, raised $5M in Seed funding.

The round was led by Index Ventures with participation from Stewart Butterfield, Cal Henderson, April Underwood, Jana Messerschmidt, Lenny Rachitsky, and Fareed Mosavat.

The company intends to use the funds for product development and growth in preparation for its commercial launch later this year.

Led by Merci Grace and Jason Klym, Panobi is a growth platform for product and marketing teams. Its platform enables teams to see the patterns and context across everything that impacts growth. By bringing experimentation, metrics, and reports into one place, the solution helps companies understand what’s effective and what’s not, saving them hours of manual work so that they can act instead of react. It is also instrumental in aligning cross-functional teams.

With real-time data at their fingertips, growth teams can uncover opportunities and make decisions. Panobi integrates top-tier tools to pull business metrics directly from the data warehouse. Users can query product analytics, and view experimentation results plus KPI data alongside product and marketing efforts in-line throughout the product. It also improves efficiency and accuracy with connected feature flags, and customers can add footnotes to highlight and communicate things like seasonal shifts. With Panobi, growth teams can share a live roadmap synced with the company’s metrics, capture real world context, and most importantly see the view of what’s really happening in growth. Over time, companies build a complete and searchable repository of all their growth and marketing work, its impact on the business, and what they learned.

The company has launched in closed beta.

FinSMEs

24/08/2023