GoButler Raises $8 Million Series A Round

downloadGoButler, the text message based 24/7 on-demand concierge service, announced on Thursday that it has raised a $8 Million funding round led by General Catalyst. Slow Ventures, Global Founders Capital, Lakestar, BoxGroup, Cherry Ventures, and Sound Ventures also participated in this round.

The company’s website boasts the service is “100% free” and customers will pay the exact same amount as if they had ordered themselves. While this takes one revenue channel off the table, it is possible the service will be paid directly by merchants looking for preferential placement/suggestion by your butler.

GoButler is the latest in a slew of on-demand startups providing another layer of service on top of existing providers. Another startup called Magic captured the imaginations of users recently, though they have yet to announce a funding beyond their initial $120K of seed backing from Y Combinator and announced $12 million in a round led by Sequoia Capital in March.

This space heating up and other services like Be Lazee, Sherpa, YesBoss and ASAP are also early contenders in this space, and WeChat also recently announced their own personal secretary assistant called WeSecretary.

Benchmarking the GoButler Series A

According to data compiled by Mattermark, the median series A round raised in 2015 year-to-date is $5.6 million, however GoButler was able to command a 43% premium above that figure in this financing. Within the New York region, startup Series A rounds in 2015 year-to-date have been $8.1 million on average, and $6.5 at the median size. According to publicly available social media profiles, the company currently employs 34 people.

Learn more about GoButler with free trial of Mattermark Professional. Research important facts about startups including funding history, historical employee counts, web traffic, social media engagement, competitive analysis and much more.

Q2 2015 U.S. Venture Capital Funding Activity Analysis

Looking to see how trends are shaping up as the first half of 2015 came to a close? Mattermark has an in-depth overview of the venture capital trends you care about.

 

 

In this free report you’ll learn:

  • How many startups raised funding at each stage
  • How deal volumes vs. total funding are changing over time
  • Which geographies are seeing the most start funding events
  • The most notable funding rounds of Q2 2015
  • Venture funding trends
keystats
Data Sources: AngelList, Crunchbase, NASDAQ, SEC. Map Grahpics: CartoDB

Interested in doing your own analysis? Mattermark offers you many ways to access this data: in our user interface, exported to a spreasdheet, synced with Salesforce, and accessible through our API. Last week we added one more way you can stay up to date on the latest funding rounds with the launch of our free iPhone app Mattermark for iOS!

A Decade of VC Funding History: Trend Analysis 2005 to 2014

Inspired by a post from Andrew Parker of Spark Capital titled “Series A Investment Pace Across Select VC Firms” we have published our report on venture capital industry trends over the past 10 years on Slideshare. It was originally released earlier this year to paid Mattermark subscribers, and for those looking to do your own analysis you can leverage our Funding Rounds search interface or request API access to dig into the raw data for your own research.

In this report you can see an in-depth historical overview of funding round sizes, overall capital allocation by stage and many other trends. Andrew’s post hints that it would be interesting to see these trends and how they play out for some of the most well-known firms. More on that soon… until then, enjoy!

seed investments by region

View the full 48-slide report



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