UPDATED 09:00 EDT / MAY 28 2020

CLOUD

Cloud-based open-source documents startup Almanac raises $9M

Cloud-based open-source documents startup Almanac Labs Inc. said today it has raised $9 million in new funding to introduce new product features for its 10,000-member community.

The new round is described as a seed round that was led by Floodgate along with General Catalyst, Inspired, Abstract, Shrug, Worklife, Indicator, Wing and Liquid2.

Founded in 2019, Almanac is a collaborative documentation tool designed to help teams “do their best work.” The service is said to save users time at work by making it fast and easy to discover, customize and collaborate on knowledge for 15 different roles in technology.

Almanac says its mission is to democratize access to 21st-century skills, insights and tools. While that sounds great in theory, where the company becomes interesting is that it claims its 10,000-member community includes executives from companies such as Stripe Inc., Gitlab Inc., Netflix Inc. and Airbnb Inc.

Content on Almanac’s library covers a wide variety of topics with examples including marketing plans, sales decks, human resources best practices, legal templates and more. The company claims to have the world’s largest library of customizable business docs all published by its community of experts.

In the age of the COVID-19 pandemic, Almanac is growing rapidly, with the number of users publishing work and writing samples on the platform growing ninefold over the last two months.

“I started Almanac because I’ve spent way too much of my career wasting time on work that wasn’t work,” Almanac co-founder and Chief Executive Officer Adam Nathan said in a statement. “Tools like Github and Figma made collaboration more social for engineers and designers. We’ve built Almanac to do the same for the rest of us who work primarily in docs.”

The company had previously raised another seed round of $7.6 million in November, according to Crunchbase. The new funding takes Almanac’s venture capital total to $16.6 million.

Investors in the new round also included current and former executives from Dropbox Inc., Yelp Inc., Uber Technologies Inc., Lyft Inc., ProductHunt, Okta Inc., AppDynamics, Behance, Facebook Inc., Google LLC, Microsoft Corp., Instagram, Adobe Systems Inc., AngelList, Earnest Operations LLC, Flatiron Health Inc., Glassdoor Inc., Harvard Business School, Omada Health Inc., Qapital Inc., Tandem and Stitch Fix Inc.

Image: Almanac

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