The community is buzzing today about the announcement on TechCrunch of our $3 Million Series A capital raise, led by Klass Capital (backed by HOOPP - a $40 Billion pension fund).
This is exciting news for me, for our team, and for the amazingly innovative small businesses using Method.
We have a different story from the stereotypical tech startup. We’re a few years in now, but up until this raise, we had no outside investors. I was fortunate enough to have built and sold a previous software company, so I kicked in the cash to get us started. But from there we have relied on our ability to deliver value to our users in order to grow. We learned about you, what worked, what didn’t work and what we should focus on next.
We have grown rapidly, and built an awesome 25-person team. We serve thousands of loyal users, earned a 5 star rating on Google Apps Marketplace and have the top rated CRM on Intuit App Center.
So…..why did we raise capital? We didn’t need to do it. We could have kept doing what we were doing and growing organically, right? Yep….but that just wouldn’t have been good enough. We owe you more. Let me explain.
The more we work with small business owners, the more clearly we see why you do what you do. You want to build a business with your own hands that you can be proud of. You want to implement your own ideas, and those of your staff and customers - and you want to do this fast with nothing getting in your way.
We have learned that you use Method because we help you be agile. We are the tool that adapts to you and keeps pace with your brilliant ideas. We help you out-innovate your competition.
Just like you, we’re a small business. What we see in you, we see in ourselves. Our original ideas took Method to where it is today, and it’s your feedback that will take us where we need to be tomorrow. We have found 100 new ways to make you even more agile, and we want to move fast. To do this, we need to be more agile too.
So we raised capital to increase the size of our team faster than we could grow organically. The extra breathing room means we’re able to move at a rocket ship pace. We’re hiring some of the brightest minds in our local backyard, and also from around the world - I’ll be able to share some exciting news on this front soon – keep an eye out.
There’s lots of excitement at Method HQ and we’ve already started to ramp up with new BIG projects. Throughout the first half of this year, we’ll be beta testing a series of integrations and improvements. We hope you’ll try them and share your ideas about how we can make them work even better for you. A whole new Method is around the corner.
Thank you for your support and feedback. We couldn’t be doing this without you.
Founder & CEO