Calendly

Calendly
TypePrivate
IndustrySoftware
Founded2013
FoundersTope Awotona
HeadquartersRemote
ProductsMeeting scheduling software
Number of employees
424 (April 2022)
WebsiteCalendly.com

Calendly is a software company that develops a business communication platform used for teams to schedule, prepare and follow up on external meetings. The company was founded in Atlanta, Georgia by Nigerian-born entrepreneur Tope Awotona, but discontinued its physical offices in July 2021.

As of January 2021, Calendly was valued at $3 billion, making it a tech unicorn.

History

Calendly was founded in Atlanta in 2013 by Tope Awotona, a former EMC (now Dell EMC) salesperson who was frustrated with the difficulty of scheduling sales calls. He bootstrapped the company with his savings and by taking out a small-business loan, while working at the co-working incubator Atlanta Tech Village. He hired the Kiev, Ukraine-based company Railsware to help develop the software. In late 2013, seed investors provided a $550,000 investment.

The software began as a freemium version for individual users when the company launched. In late 2014, the company added a premium version.

In January 2021, Calendly raised $350 million from investment firms OpenView Venture Partners and Iconiq, at a reported $3 billion valuation. In July 2021, during the Covid outbreak, Awotona closed the company's Atlanta headquarters and took the company remote.

In January 2022, the company received attention on Twitter, when a Silicon Valley entrepreneur criticized the etiquette behind sending a Calendly link, and others defended the process. The company reported a large spike in sign-ups after the social media attention. In a February article about Google's calendar application, Wired reported that Calendly's was a market leader.

Products

Screen shot showing Calendly's scheduling interface

Calendly develops a software as a service scheduling automation platform to help schedule external meetings and make them more productive. Users share open time slots in their calendars to book meetings by sending a scheduling link, or through embedded times in an email or text message. Recipients of Calendly invitations select an available time before it is automatically added to Google and Microsoft Outlook calendars.

The company offers a freemium version for individuals, and premium versions for individuals, teams and enterprises. The premium version offers additional features such as additional calendars, team scheduling features and integration with video conferencing and payment services.

The software has been recognized for its viral nature, since recipients of invites could be encouraged to try the software themselves.

Operations

Calendly was founded in Atlanta, but as of July 2021, operates an all-remote workforce without an official headquarters. Tope Awotona is the company's CEO. The company reported 424 employees in April 2022. As of January 2021, the company was valued at $3 billion.

Founder

Calendly founder and CEO Tope Awotona was born in Lagos, Nigeria. When he was 12, he saw his father shot and killed during a carjacking. His family moved to Atlanta in 1996 when he was 15. He studied computer science and business management at the University of Georgia and became a software salesman, selling for tech companies including Perceptive Software, Vertafore and EMC (later Dell EMC). In an Inc. magazine profile in September 2019, when the company was earning $30 million a year, Awotona recounted the difficulty he faced with fundraising as a black immigrant when launching Calendly.


This page was last updated at 2023-01-06 19:49 UTC. Update now. View original page.

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