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Briefing

Vancouver’s Dooly raises US$80M Series B from investors including Tiger Global

The company, which automatically syncs sales professionals’ notes to platforms like Salesforce, said the round, led by Spark Capital and with participation from new and existing investors, brought its total funding to date to US$105 million. (The Logic)

Briefing

Vancouver’s Dooly raises US$80M Series B from investors including Tiger Global

By Aleksandra Sagan
May 20, 2021
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The company, which automatically syncs sales professionals’ notes to platforms like Salesforce, said the round, led by Spark Capital and with participation from new and existing investors, brought its total funding to date to US$105 million. (The Logic)

Talking point: U.S.-based Tiger Global has participated in a flurry of technology investments in 2021 so far. Earlier this month, it invested in Toronto’s Ada, a chatbot company, in a Series C that valued it at $1.2 billion. Dooly’s latest round values it at over US$300 million, sources told TechCrunch. In March, Dooly announced that it closed a US$3.3-million seed round and a US$17-million Series A led by Addition. The company plans to use the money to accelerate growth, and invest in talent, product and possible expansions into new departments. Dooly said that the pandemic-prompted shift to remote work boosted its growth.

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