Berlin-based startup Pitch has announced the closure of a $19m Series A funding round led by Index Ventures and existing investor BlueYard.
The relatively new company, which was launched in January 2018, aims to rejuvenate PowerPoint presentations; reviving basic tech that has remained relatively stagnant since its inception in the early 1980s.
Pitch uses HTML, data integrations and team-oriented features to build a platform for content collaboration and presentations. The company aims to make it significantly faster and easier for impactful presentations to be created and shared – both by individuals and teams.
The company was founded by the same team who founded Wunderlist, the leading to-do app which was acquired by Microsoft in 2015. CEO and founder Christian Reber shared his vision for the company: “This is a transformational time for business software, where innovation and thoughtful design is resetting expectations and reimagining the user experience. Yet presentation tools have not kept pace with technology and feel unnecessarily complex and difficult to use. There needs to be something new, different and substantially better
“Pitch is a new beginning. We set out to rethink how individuals and teams express ideas, collaborate and communicate progress, and support their decision-making with well understood data. The result is an ambitious vision to build an open platform and radically improve the way presentations are crafted and knowledge is shared. A new paradigm, designed for everyone, made for teams,” he added.
Now a team of 20, Pitch has raised a total of $22m. This latest round also received backing from the Slack Fund, Zoom CEO Eric Yuan, Framer CEO Koen Bok, Elastic Co-Founder Simon Willnauer, Datadog CEO Olivier Pomel, Wunderlist-backer Frank Thelen, and Metalab Founder Andrew Wilkinson.
The $19m grant, led by London and San Francisco based Index Ventures, will be used to grow the team in design, engineering, and marketing – and, crucially, to bring the product to market.