Quild #48: Scratchpad

This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.

Scratchpad is a workspace built for sales to update Salesforce and take sales notes and daily todos. The software can be installed as a Google Chrome plugin or as a web application. It connects to Salesforce and provides an interface where sales professionals can keep all their notes, process workflows, spreadsheets, and tasks.

Founders: Pouyan (CEO), Cyrus (CTO)

Signals:

1. Repeat venture-backed founder

   1. Pouyan and Cyrus co-founded PersistIQ (backed by YC and Salesforce Venture), which was acquired by Wishpond

   2. Pouyan co-founded StackMob (backed by Trinity Ventures), which was acquired by Paypal

2. Top company alumni

   1. Pouyan worked at Apple for years

3. Top university alumni

   1. Pouyan graduated from Harvard University (MBA) and University of Minnesota (BME)

4. Fast team growth

   1. Grew 2.8x YoY to 62 employees

   2. And hiring a bunch more 

5. Accelerated financing

   1. Announced seed in 2020, series A in 2021, series B in 2022

6. Midas list investors

   1. Accel led seed

   2. Craft Ventures led series A and B

Till tomorrow, Kenn