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Gatheround Analysis: $8M Raised

What is Gatheround?

Gatheround provides a platform for interactive video meetings that enhance team bonding, onboarding, and collaboration. The platform includes features like polls, breakout rooms, and Q&A sessions to foster engagement and participation. It is designed to create a more inclusive and human-centered virtual gathering experience.
Employees
1-10
Founded
2018
Industry
SaaS, Hrtech, EdTech
Valuation
$8.6M
Free Plan Availability
Yes
Latest Funding Amount
$8,000,000
Latest Funding Round Size
$8.0M
Selfserve Signup
Yes

Product Features & Capabilities

  • Video meeting platform
  • Interactive templates for team activities
  • Features for polls, breakout sessions, and Q&A
  • Recording capabilities for meetings

How much Gatheround raised

Funding Round - $8.0M

Recent

Other Considerations

Serves various industries including tech and education; Recognized for enhancing remote team culture; Provides tools for inclusive participation in meetings

Homepage Pricing

Gatheround offers two main pricing plans: **Premium** at $48 per month (or $576 annually) for up to 50 participants, unlimited meetings, and access to various features, and **Enterprise**, starting at $5,400 per year, which includes everything in Premium plus support for up to 200 participants and additional features. There is no free tier available, and the pricing structure is transparent with clear descriptions of what each plan includes.

Gtm Strategy

Gatheround employs a product-led growth (PLG) strategy, as evidenced by their website's design and offerings. The homepage prominently features options for users to "Start Free Trial" and "Get Started," indicating a strong emphasis on self-service sign-up without the need for a sales representative. This approach minimizes friction for new users, allowing them to access the product directly.

The pricing page is transparent, displaying various pricing tiers that cater to different user needs, including options for small teams, which suggests that the product is designed for independent adoption. There are no indications that users must contact sales for pricing, further supporting the PLG model.

Customer testimonials highlight the platform's effectiveness and ease of use, with users describing it as a "game changer." This suggests a viral adoption model, where individual users or small teams can start using the product and potentially influence broader organizational adoption.

Additionally, Gatheround provides a range of educational resources, including a blog and a help center, which facilitate self-service learning. This investment in user education aligns with PLG principles, as it empowers users to derive value from the product independently.

Overall, Gatheround's strategy reflects a focus on rapid user adoption and virality, optimizing for a seamless user experience that encourages engagement and participation in their interactive video meetings.

Reported Clients

  1. Gusto - Focuses on keeping a hybrid team aligned and engaged through Gatheround's platform.
  2. Chaos Theory - Reports that 93% of their team finds all-hands meetings on Gatheround to be a good use of time.
  3. Lyft - Describes Gatheround as “the #1 thing new hires still remember” about their onboarding process.
  4. Calendly - Achieves a 98% satisfaction rate in onboarding, significantly higher than the industry average.
  5. Valimail - Uses Gatheround to build stronger social cohesion and break down silos within their teams.

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