Polywork, a business-focused social group in private beta that emphasizes the work people do over job titles, raises $13M Assortment A led by Andreessen Horowitz (Jack Kennedy/Silicon Republic)

Sharing is Caring

polywork collection andreessen horowitzkennedy siliconrepublic, Peter Johnston’s Polywork has closed a Assortment A spherical that attracted funding from big names in Silicon Valley.

Enterprise-focused social group Polywork, based mostly by Peter Johnston who’s initially from Carrickfergus, has closed a $13m Assortment A spherical led by Andreessen Horowitz (A16z).

Turning into a member of A16z was a star-studded report of merchants along with Stripe founders John and Patrick Collison, Instagram co-founder Mike Krieger, Reddit co-founder Alexis Ohanian, Product Hunt founder Ryan Hoover and GitHub CEO Nat Friedman.

Current merchants Goldcrest Capital and Caffeinated Capital returned, and Bungalow Capital and 20VC have been among the many many completely different people.

Primarily based in 2020, part of Polywork’s draw is its founder; Johnston is a Google alum who prepare freelancer-management software program program outfit Kalo (beforehand usually often called Lystable) in 2015. The start-up graduated from Techstars throughout the UK, attracted repeated funding from Valar Ventures, and constructed a client base that included Google, Airbnb and The EconomistIn the middle of the pandemic, however, Kalo struggled and Johnston made the selection to shutter it.

Polywork launched in beta in April of this 12 months and held a $3.5m seed spherical in Might. Observers and early clients have described it as a combination of LinkedIn and Twitter, and Johnston has made clear his need to compete with the Microsoft-owned expert networking giant.

Speaking to Sifted, he talked about: “Our pitch to merchants was principally reframing what LinkedIn is attempting to do. Like, how useful is a CV with a list of experience, truly? To me it’s not about what experience you may need, nonetheless about what you really do with them.

Everytime you’re signalling to people who you are, the primary kinds of identification are job title, or the place you went to highschoolwhich might be every pretty horrible proxies for who you really are and what you care about.”

Johnston has talked about repeatedly in interviews and weblog posts that he feels individuals arelarger than the labels society has positioned upon them, resembling job titles”, and that he hopes Polywork can combine the personal {{and professional}} in a method completely different social networks can’t. Prospects get a Twitter-style feed the place they’re going to publish updates on their latest duties, and their experience and pursuits will likely be displayed as tags or badges on their profiles. Posts may also be tagged, so you could filter a person’s feed by actually one in all their areas of labor or curiosity.

Sriram Krishnan of A16z is turning into a member of the Polywork board following the funding.

“We first heard of Polywork earlier this 12 months and shortly after started seeing distinguished on-line personalities use it to tell their story. Everytime you hear buzz from on-line communities spanning tech, vogue, music, and further, you pay attention. And it shortly turned clear why Polywork was capturing all these imaginations,” Krishnan talked about.

“Not solely was Polywork a surprising product, nonetheless the workers was truly establishing a group designed to replicate the multifaceted nature of what we do as people.”

Sharing is Caring