Technology

OSlash, a SaaS business, has raised $5 million in capital from a group of entrepreneurs and operators

Bengaluru: Enterprise software-as-a-service (SaaS) firm OSlash has raised $5 million in a round led by Indian and American entrepreneurs, including Kunal Shah, founder of Cred, Christian Oestlien

vice-president of YouTube’s product, Kevin Weil, president of Planet and former head of product at Instagram, Akshay Kothari, chief operating officer of Notion, and Cristina Cordova, partner at First Round.

The new money will be used to hire in the United States and Europe, as well as expand the company’s universal search tool, which gathers data from a variety of sources.

OSlash previously secured $2.5 million from Accel Partners in September 2021.

“It’s fantastic to have senior CEOs from organizations we like onboard.” OSlash” chief executive officer (CEO) Ankit Pansari remarked, “Their knowledge in SaaS undoubtedly lends itself to a better solution for everyone.”

OSlash, which was founded in 2020, is used by over 3,000 organizations, including Cred, Khan Academy, and Twitch. In 2022, the company raised a $5 million post-seed round with a completely remote crew.

OSlash users have seen a 25% increase in productivity, making it the fastest way for teams to work in the modern workplace, according to a prepared statement from the business.

“For companies that want to scale, the ability to index links and retrieve information rapidly is critical… “I’m looking forward to OSlash becoming the de-facto means for employees at any organization to retain knowledge at their fingertips,” added Weil, who took part in the fundraising round.

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