folk is a technology company.
folk has raised $3.0M across 1 funding round.
folk has raised $3.0M in total across 1 funding round.
folk has raised $3.0M in total across 1 funding round.
folk's investors include 8-Bit Capital, AngelList, Bessemer Venture Partners, Flex Capital, Founder Collective, Jonathan Becker, HV Capital, Khosla Ventures, Math Capital, Oak HC/FT, Offline Ventures, Pitchdrive.
Folk is a CRM platform that reimagines customer relationship management with AI-powered simplicity, spreadsheet-like interfaces, and seamless integrations, targeting solopreneurs, small teams, and service businesses frustrated by clunky traditional CRMs like Salesforce.[1][2][3][4][5] It centralizes contacts from sources like LinkedIn, Gmail, and Twitter, offering pipeline management, bulk emails, Zapier automations, and "Magic Fields" for AI-driven tasks such as personalized outreach or data cleaning, solving the problem of complex setup and manual processes in a massive, outdated CRM market.[1][2][4][5] Folk serves sales teams, recruiters, and network builders by enabling effortless relationship nurturing, with strong growth evidenced by early customer milestones (thousands of users), high ratings (4.9 on Product Hunt, 4.8 on Chrome Store), and $9M raised in 2021 from Accel and others, plus positive reviews praising its intuitive design and quick support.[1][2][5]
Folk was founded in 2020 by Simo Lemhandez and Thibaud Elzière through European startup studio eFounders, which has backed SaaS hits like Front, Aircall, and Spendesk.[1][3] The "aha moment" stemmed from observing CRMs' outdated complexity and drawing inspiration from no-code tools like Notion and Airtable, aiming to create an "xRM" (extended relationship manager) for clients, journalists, suppliers, and more.[1][3] Elzière, eFounders co-founder and Folk CEO, leveraged his network for early traction, securing a $3.3M seed round in 2021 led by Accel with 35 operator angels, followed by additional funding totaling $9M.[1][3] Pivotal moments include landing first paying customers and hitting user milestones (1K, 2K, 3K), celebrated internally as team motivators amid glowing feedback.[1]
Folk rides the wave of AI-augmented no-code productivity tools, capitalizing on backlash against enterprise CRMs' rigidity amid remote work and relationship-driven sales post-2020.[1][3][4] Timing aligns with CRM market growth (projected massive scale) and tools like Notion/Airtable proving simple interfaces win, positioning Folk as an accessible "xRM" for non-sales uses like recruiting or deal flow.[1][3] Favorable forces include rising solopreneurship, AI hype for automation, and integrations ecosystem (Zapier, social platforms), influencing startups by lowering CRM barriers and fostering relationship-focused workflows in a spreadsheet-native era.[2][4][5]
Folk's momentum—user growth, funding, and AI innovations—positions it to capture small-team CRM share as AI evolves personalization and automations further. Expect expansions in enterprise features or deeper AI (e.g., predictive insights) while preserving simplicity, shaped by no-code trends and remote networking demands. Its influence could grow by redefining CRMs as proactive allies, empowering more founders to build relationships effortlessly, much like its origins challenged the status quo.[1][3][4][5]
folk has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $3.0M Seed | 8-Bit Capital, AngelList, Bessemer Venture Partners, Flex Capital, Founder Collective, Jonathan Becker, HV Capital, Khosla Ventures, Math Capital, Oak HC/FT, Offline Ventures, Pitchdrive, Preston-Werner Ventures, Rebel Fund, Roosh Ventures, #SecretFund, Akash Garg, Boris Bogaert, Christian Oestlien, Christian Reber, George Burke, Jens Begemann, Nick Caldwell, Niklas Jansen, Paul Forster |