tandem Archives - Crunchbase News /tag/tandem/ Data-driven reporting on private markets, startups, founders, and investors Fri, 23 Aug 2019 17:16:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 /wp-content/uploads/cb_news_favicon-150x150.png tandem Archives - Crunchbase News /tag/tandem/ 32 32 So You Want To Invest In Tandem? /startups/so-you-want-to-invest-in-tandem/ Fri, 23 Aug 2019 17:15:24 +0000 http://news.crunchbase.com/?p=20121 My question is simple: which Tandem do you want to invest in? There are a few companies named Tandem, it turns out. Startup names can get confusing!

Are you hoping to invest in ? ? The Tandem ? Oh, you mean , don’t you? No? ? The ?

That’s the one? The company that’s doing friendship social stuff? That was on the Internet?

Oh not that San Francisco-based Tandem? I see.

I’m not giving up! We’ll find your Tandem after all! Does the Tandem you want to invest in ? Does it to do branding work? Is long-distance ride-sharing?

Ah, well is it the Tandem that helps you ? Is ?

Wait! Is it Tandem Capital, that group cutting checks? No? Darn.

Oh it’s the other Tandem in San Francisco. I see. .

Well how was I supposed to know?

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Workplace Collaboration Space Crowds Further With Another Hot New Startup /startups/workplace-collaboration-space-crowds-further-with-another-hot-new-startup/ Fri, 23 Aug 2019 16:23:11 +0000 http://news.crunchbase.com/?p=20143 Working remotely has been heralded as “” and a slew of startups have popped up to tackle the challenges that come with not being able to turn and talk to your colleague.

Enter Tandem, the hot new startup coming out of Y Combinator’s summer batch. The company is raising $7.5 million in seed funding at a valuation of more than $30 million, according to a recent report. Andreessen Horowitz is said to be leading the round. Tandem declined to comment.

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Crunchbase News spent some time learning how Tandem worked in the wild. In short, with one click, users can call a colleague through the app. A second click lets you share your screen with another person on the app, and Tandem also has video calling and document collaboration options. Users can see if a colleague is typing in a Google Doc and click into it to open up the document and work together, for example.

If you don’t want your colleagues seeing what you’re working on or just need some time unbothered, you can turn on “focus mode,” which will put a signal by your name to indicate that you’re working.

The app also has “rooms” where employees can go into to signal what they’re up to, like “Water Cooler” and “Daily Standup.” Tandem, which was founded earlier this year, counts Autodesk and Scott’s Cheap Flights among its customers.

There are a lot of apps to improve workplace communications available on the market now—Slack ($WORK) and Zoom ($ZM) among the most popular for instant message and video. Tandem integrates with more than , including Asana and Github.

But while Tandem works with many late-stage startups and public companies, it also has the potential to compete with them, as it brings all the features other companies are known to provide to one place.

One notable possible competitor is Dropbox, which went public last year.

In June, the popular file-sharing company announced “the new Dropbox,” a desktop workplace collaboration platform that would integrate communication, video chat, and document sharing. Sounds pretty similar to what Tandem would do.

Tandem would therefore find itself up against a former darling of the startup world, even if Dropbox’s share price hasn’t advanced much as a public company.

A from Upwork reported that 63 percent of companies have remote workers (hi, Crunchbase News team), and it’s no secret that technology to keep remote employees connected is critical for productivity.

Dropbox noted in its S-1 that “the market for content collaboration platforms is competitive and rapidly changing.”

It’s common for startups to challenge incumbents. To see Tandem run up against the direction that Dropbox wants to take is, therefore, not surprising. But since both companies sport Y Combinator on their cap table, any future conflict would be a family affair.

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