Developer-focused productivity tool Raycast has raised
Image Credits: Raycast
As for the new funding, Mann says Raycast wants to become the leader in developer productivity. “That’s our goal with the funding. We will use the funding to scale our team further up. We want to make this platform universally accessible to everyone so that they can build the tools they want to have,” he said.
Raycast plans to use the funding to focus on building its community of developers and tools, accelerate growth on the platform and also bring Raycast to teams. Although the company will remain heavily focused on individual developers, Raycast sees potential in making it easy to share productivity tools and workflows with others. Starting today, companies will be able to sign up for an early access program to get access to new team features. Users will be able to create their own internal store, where they can build and distribute custom extensions and links specific to the needs of their teams.
“Teams can now build extensions and share them privately with their team members,” Mann stated. “If they have an internal tool that makes themselves more productive with the custom setup they have, they can share that with their team members so they can benefit from it as well. This helps them stay productive as a team and saves them time on the busywork they usually have.”
Raycast’s Series A funding follows the company’s \)">2.7 million seed round from October 2020. The round was led by Accel, with participation from YC, Jeff Morris Jr.’s Chapter One fund, as well as angel investors Charlie Cheever, Calvin French-Owen and Manik Gupta.“Since leading Raycast’s seed investment, we’ve been impressed with the growth and traction Raycast has seen in the developer community.” said Andrei Brasoveanu, a partner at Accel, in a statement. “This backs up our initial belief that Raycast has the potential to become an indispensable tool for developers, and we’re excited to see the team go even further with the launch of the API and Store and expansion to teams. We’re delighted to continue supporting Thomas and Petr on their ambitious journey.”