4th Office raises $3.6m to rival Slack

Cloud communication startup 4th Office has raised a $3.6m series A round from RSG Capital, Ben White, and Notion Capital.

The London-based startup provides a cloud workspace that combines communication, task and document management tools. 4th Office’s ultimate goal is to free businesses of their reliance on email.

It is a direct competitor to the much-hyped Slack, which recently achieved a $1bn valuation.

Read more: All hail email, the anti-collaboration tool

Boosting productivity

“Our vision is for every business to start their day in the 4th Office, rather than waking up to a wall of emails. We are passionate about creating a more productive, happy and creative economy for workers worldwide,” says Bostjan Bregar CEO and cofounder of 4th Office.

The startup says it will use the investment to grow its development team so that it can better deal with customer feedback.

4th Office has previously raised $1.3m and has since doubled its active users and retention rates. Its daily user-base as of this summer was 15,000.

Slack vs 4th Office

Slack and 4th Office’s offerings are quite similar, as are their pricing structures.

Both offer a free service and while Slack’s is unlimited in terms of users, 4th Office restricts businesses using the free service to 5 users.

They both then offer a tiered pricing system that charges businesses per user on the platform.