Work Management Tool Gridle Raises $100k in Seed Round of Funding

Founded in 2014 by Yash Shah, Anupama Panchal and Abhishek Doshi, Gridle- a cloud based visual collaboration tool designed to enhance productivity at work, has bagged a seed round of $100,000 led by Jyotsna Bapat from IIIT Bangalore through deal making platform LetsVenture. Gaurav Zutshi, Rohit Jamwal, Rohit Kilam and Sanjay Tekale, have also participated in the round as strategic angels.

Team Gridle

Team Gridle had won the Microsoft BizSpark India Startup Challenge 2013, held in Ahmedabad

The raised capital would be utilized to expand sales and operations and better its technological infrastructure. Hiring is another area where a section of the fund will be channelized towards. The company is on the look out for passionate and experienced individuals to fill important roles.

Gridle unifies all the channels of communication such as task management, file sharing, instant messaging, audio/video conferencing and team management on one platform. The product targets companies with up to 500 employees and has helped improve team productivity by anything between 11 and 13%.

Describing the product, Yash Shah, maintained, “One of the major differentiating factors is that we are not selling features of task management or team management. We are selling the convenience — the convenience of having your colleagues, content and context on just one platform and the ability to make faster decisions at work, based on actionable insights.”

Working as a team demands seamless, transparent communication and collaboration across different departments, for which work management tools and softwares like Gridle come in handy. Some of the other well known platforms in the same category include Slack, GitHub, Trello, Google Drive, DropBox for Business, Quip, Asana etc.