Friends, today we have some super exciting news to share with you:
We Raised $1 Million in Seed Funding Led by True Ventures!
We are incredibly proud to report we have closed our seed funding in a round led by True Ventures, an early stage VC firm based in Silicon Valley. We couldn't be more honored that True recognizes our vision and the need for independent business owners everywhere to have access to an intuitive business management suite that helps them be more successful.
"We're excited to be investing in Stitch Labs," said True Ventures managing partner Phil Black. "Our mission at True is to support dynamic Founders of early stage companies targeting large and underserved markets, and we believe this talented team is well positioned to delight millions of owners of product-based businesses who are looking for simple yet powerful tools to manage their daily operations."
True's investment was joined by our amazing friends at Cuban Council (Mike Buzzard, Tara Cyphers and Michael Schmidt) and esteemed advisors, Alex Bard and Gary Benitt. They have all been instrumental in our early stage growth and we are grateful for all of their support.
Enough about us; this is more of a testament to you. Many of you have been using Stitch and providing great feedback about what works and what doesn't. You have also given us incredible ideas about how we can make Stitch even better. Now, with added resources, we can hire additional people to help us continue to grow and develop Stitch in a way that will be even more awesome. We owe a major THANK YOU to you. You are helping us guide this roaring train and Make Stitch Happen!
The stage is set. We are a growing company with big ideas about how to help independent business owners reach their goals. We're so glad to have you all with us. It's going to be an exciting ride.
Oh yeah, if you know any great web developers that want to be a part of changing the way commerce is done, send them our way... we're hiring! :)