AAA Slack helps guide $30m to Guru

Slack helps guide $30m to Guru

Guru, the US-based creator of an enterprise knowledge management platform, has completed a $30m series C round that included Slack Fund, enterprise messaging software producer Slack’s corporate venturing unit.

Venture capital firm Accel led the round, which also featured Emergence Capital, Thrive Capital, FirstMark Capital and MSD Capital.

Founded in 2013, Guru has built a collaborative software platform where employees can share and access verified internal information, relying on artificial intelligence to automatically locate relevant content. It has applications in areas such as sales and staff onboarding.

Rick Nucci, co-founder and CEO of Guru, said: “The importance of trusted knowledge has only increased now that companies of every size are transitioning to remote work, changing their services to meet needs and responding to sudden drops (or increases) in demand.

“We are proud to support our customers as they face these unique and unprecedented challenges. Given recent events, we are increasing our commitment to making sure that collaborative knowledge management feels easy and is attainable for all teams.”

Slack Fund had previously participated in a $25m series B round for the company in late 2018 that was led by Thrive Capital and also backed by Emergence Capital, FirstMark Capital and MSD Capital.

Emergence Capital led Guru’s $9.3m series A round in 2017, with participation from MSD Capital and FirstMark Capital. The latter had already supplied $1m in funding the year before.

Enterprise software producer Salesforce took part in the company’s $2.7m seed round in 2013. It was led by FirstMark Capital and also featured MSD Capital and assorted angel investors.

By Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.

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