I did not study 100% of our competitors, but the most known like Toggl, Harvest or Hubstaff did not get investments. Perhaps only some small amount on seed round.
I continue to believe that VC money needed for explosive growth. We believe that it is a little too early for us. We are still continuing to pay a lot of attention to the product, communication with our customers, finding our product/market fit and not marketing. Our current revenue is enough for this.
And no, we are not nervous about our competitors :)
I did not study 100% of our competitors, but the most known like Toggl, Harvest or Hubstaff did not get investments. Perhaps only some small amount on seed round.
I continue to believe that VC money needed for explosive growth. We believe that it is a little too early for us. We are still continuing to pay a lot of attention to the product, communication with our customers, finding our product/market fit and not marketing. Our current revenue is enough for this.
And no, we are not nervous about our competitors :)