Ignition Partners, the Bellevue, Wash.-based venture capital firm, has led the way on a new $20 million round of funding for Accompany, an app that is billed as an intelligent virtual chief of staff for busy executives.
The backing, announced Monday, brings Accompany’s total funding to date to $40.6 million, according to a news release on the company’s website. Accompany launched in beta in August and plans to use the investment for continued development and to expand teams in Los Altos, Calif., and Portland, it said.
Amy Chang, who previously headed up Google Analytics, is CEO at Accompany and discussed the app during an appearance at TechCrunch Disrupt London 2016. She’s betting that the app can replace the chief of staff role, which many executives have in order to manage their complicated schedules and lives, TechCrunch reported.
The app is available on Available on iOS as well as web and as a Gmail extension.
“You know that person that whispers in a president’s ear right before the handshake? That’s us, for you,” the Accompany website boasts. User’s email, contacts, calendars, and social and professional feeds are all integrated and Accompany “scours millions of publicly available sources to provide detailed briefings on meeting participants, real-time news alerts about contacts and companies, and comprehensive company profiles.”
“Amy and her team are building a service that delivers to me a cheat sheet for my daily work life,” Nick Sturiale, managing partner at Ignition, said in a statement. “Accompany makes me smarter and saves me from countless brain freeze moments, which is simply awesome!”