The Org Raises $20M for Public Org Chart
The Org has raised $20 million, money that it will be using to hire more people, add on more org charts, and launch new features, with a recruitment toolkit being first on the list. The Series B is led by Tiger Global, with previous backers Sequoia, Founders Fund, and Balderton Capital also participating alongside new investors Thursday Ventures, Lars Fjeldsoe-Nielsen (a former Balderton partner), Neeraj Arora (formative early WhatsApp exec), investor Gavin Baker, and more. From what we understand, the investment values The Org at $100 million.
“In many ways the pandemic has forced us to reevaluate the norms of how work happens. One of the misconceptions was the idea that you are only working when you are at the office, 9-5. But the future of work is a hybrid set up but you get a lot of issues that arise out of that, communication being one of them. Now it’s much more important to create alignment, a sense of connection, and really feeling a sense of belonging in your company,” Christian Wylonis, the CEO who co-founded the company with Andreas Jarbøl, said . “We think that a lot of these issues are rooted around transparency and that is what The Org is about. Who is doing what, and why?”
The company wants to build a global, publicly-viewable database of company organizational charts — and then utilize that database as a platform to power a host of other services.
Announcement: The Org Raises $20M for Public Org Chart