Out of Office Raises $3.5M in Series Seed Round
April 20, 2022
We’re excited to share that Out of Office, a social commerce application focused on travel, today announced raising $3.5M in funding. HPA participated in the Series Seed round, which was led by Hyde Park Venture Partners.
Out of Office is a social commerce platform that delivers the trusted and personalized travel recommendations that its millennial users are looking for. It does this by allowing users to share recommendations with their network and by leveraging machine learning.
The app launched in August of 2021 and has already seen significant interest; users have made over 50K recommendations in more than 3,500 cities. Additionally, Out of Office expects to double its headcount in the next year.
The HPA Deal Lead Bill Watkins currently serves as the Chief Revenue Officer of Pinterest. As an early Pinterest employee, Bill helped Pinterest develop and scale their monetization strategies and sales efforts. His experiences at Pinterest have yielded valuable insights on how a social content platform like Out of Office can scale users and ultimately monetize.
Congrats to Co-Founders Jan Seale and Coabi Kastan, as well as the entire Out of Office team! We look forward to the growth ahead.
Read more about the round in Chicago Inno.