Almanac
Almanac is a technology company.
Financial History
Almanac has raised $43.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Almanac raised?
Almanac has raised $43.0M in total across 2 funding rounds.
Almanac is a technology company.
Almanac has raised $43.0M across 2 funding rounds.
Almanac has raised $43.0M in total across 2 funding rounds.
Almanac is a technology company building a platform for asynchronous work, centered on a fast document editor with git-like version control, designed as a wiki and workflow tool for distributed teams.[1][2][3] It serves remote and hybrid teams in operations, product, engineering, sales, and marketing, solving problems like scattered documentation, inefficient collaboration, excessive meetings, and "information anxiety" by consolidating docs into a single source of truth, enabling faster task completion, powerful search, and lightweight project management.[2] Users praise its speed, ease of use, and superiority over tools like Google Docs, Notion, Confluence, and Asana, with pricing starting at $15 per month and claims of saving teams over 1 million hours annually in wasted work.[1][2]
The platform features archiving, change management, electronic signatures, audit trails, collaboration tools, compliance tracking, and workflow management, making it ideal for document-heavy processes in engineering and beyond.[1][2] Growth momentum is evident in positive reviews highlighting its role as a "game changer for remote teams" and strong versioning for company-wide files, though some note a learning curve for non-technical users and early-stage rough edges.[1][3]
Almanac emerged as a response to frustrations with existing tools like Google Docs' poor version control and organization, Notion's slowness, and Confluence/Asana's overhead, targeting the rise of distributed teams needing better async collaboration.[1][2] Founded by Almanac Labs (with a recent CEO letter signaling "Almanac Go Forward"), the company is headquartered in San Francisco, employs 10-19 people, and generates $1M-$5M in revenue, operating as a small but focused tech player.[2][4] Early traction came from teams switching for its value-to-price ratio and git-style branching, empowering non-technical users to suggest changes and enabling true asynchronous business process collaboration.[1]
Pivotal moments include building powerful features like body search, linked versions, doc history with time-based comparisons, and activity feeds, which addressed remote team pain points like "where is that doc?" and falling-through cracks in reviews.[2][3]
Almanac rides the remote and hybrid work trend, where distributed teams demand tools reducing sync overhead amid persistent post-pandemic shifts—fewer meetings, faster async responses align with market forces like tool consolidation to cut costs and chaos.[2] Timing is ideal as enterprises outgrow basic docs (e.g., Google Workspace limitations) and seek Notion alternatives with engineering-grade versioning, influencing the ecosystem by popularizing "information anxiety" solutions and single sources of truth for ops-to-marketing workflows.[1][2] It accelerates startup efficiency in high-doc sectors like engineering and sales, indirectly boosting productivity in a landscape favoring secure, compliant async platforms over fragmented stacks.[1][4]
Almanac is poised to expand as a go-to for scaling remote teams, with iterations addressing review feedback on edges and non-tech onboarding to capture more Confluence/Notion switchers.[1][3] Trends like AI-enhanced search, deeper integrations, and enterprise compliance will shape it, potentially growing revenue beyond $5M via SSO expansions and verified security.[2][4] Its influence may evolve into a standard for async docs, empowering broader ecosystems—much like how git transformed code, Almanac could redefine collaborative knowledge bases, saving even more of those million-plus hours as distributed work solidifies.[2]
Almanac has raised $43.0M in total across 2 funding rounds.
Almanac's investors include Kevin Hartz, Addition, Aglae Ventures, Alchemy Ventures, Alt Capital, Andreessen Horowitz, Jana Messerschmidt, Array Ventures, Audrey Capital, C2 Investment, Cedar Capital Group, Craft Ventures.
Almanac has raised $43.0M across 2 funding rounds. Most recently, it raised $34.0M Series A in September 2021.