Enough of this sheet

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Aug 13, 2020, 2:53:26 PM8/13/20
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The next wave of workflow tools

Illustration: c/o Notion

When a new wave of startups appears within a space, there's usually something that their products are doing differently versus their predecessors.


Take, for example, Google Docs. Its differentiating feature was cloud collaboration. Google Docs brought Microsoft Word online, and made versioning and online collaboration just work.


Now, there’s a surge of startups replacing Google Docs and Google Sheets. And they’re all on a path to becoming unicorns, with a few already there.


They’re differentiating themselves by focusing on workflows by using templates.
 

Airtable is a Google Sheets replacement that raised $100M at a $1.1B valuation. It has a rich templating ecosystem, with pre-built spreadsheets for content calendars, project tracking, user research, employee directories, and more. 


Notion, a document management platform, has templates for everything from wedding planning to roadmapping. The startup prides itself on its small size— it was only 30 people last December. Despite that, Notion just raised at a $2B valuation in April, giving it one of the highest valuation-to-employee ratios in the industry.


Quip, which replaces Google Docs, Sheets, and Slides, also has a rich template ecosystem. The startup, founded by former Facebook CTO Bret Taylor, was acquired by Salesforce for $750M. 

 

Coda, whose copy aptly says “Enough of this sheet,” is a replacement for G-Suite. It comes with a doc gallery that includes templates for making investment decisions, doing retrospectives, and running distributed projects.


With so many tools available, productivity-heads (ourselves included) may find themselves constantly switching between different tools. But even though the products are similar, they're certainly differentiated and a welcome advance from their predecessor, the G-Suite.

Hot startups hiring now 🔥

Parabola - A drag-and-drop productivity tool enabling everyone to automate manual data tasks. Explore 3 jobs.
Discord - Bringing gaming communities together. Explore 34 jobs.
Silo - Changing the food supply chain, one delicious farm at a time. Hiring engineers.
Remix - A single platform to design for multiple transportation modes to thrive in your city. Explore 2 jobs.

Funding and acquisitions

Varjo, a startup developing virtual reality (VR) and mixed reality (XR) technologies for the enterprise, raised a $54 million Series C. Varjo offers high-resolution VR & HR headsets that promise clarity comparable to the human eye, a needed innovation for industrial applications like flight simulators. 

Gong.io, a startup providing an “intelligence platform” for enterprise sales teams, today nabbed $200 million in funding at a $2.2 billion valuation. Gong uncovers patterns in sales data. It captures customer interactions through phone, video, e-mail, and face-to-face interactions, and integrates this with customer relationship management data.

Mux, a startup that provides API-based video streaming tooling and analytics, announced that it closed a $37 million Series C led by Andreessen Horowitz. Mux says that it’s doing for video what Stripe has done for payments: taking a bundle of complexity and headache, wrestling it into shape, then offering it via a developer-friendly hook.

Thriver has raised $33 million in a second round of funding as it moves beyond corporate food to the business of virtual health and wellness. The company started in 2016 as Platterz, focused on improving workplace happiness by providing employees with quality meals. 

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