Investment will scale the platform used by Netflix, Salesforce, and LinkedIn
Silicon Valley-based start-up PlusPlus has secured $6.2 million in seed funding as it prepares to scale rapidly in response to increased demand from fast-growth organisations seeking to optimise their technical teams.
The round was led by Freestyle Capital with participation from Moxxie Ventures, Scribble Ventures, and Sand Hill Angels and more.
Born out of Twitter University, PlusPlus is a comprehensive suite of engineering onboarding and knowledge tools that fast-track productivity. The platform has been used and designed in partnership with the best technical companies in Silicon Valley including Netflix, Salesforce, LinkedIn and Airbnb. Designed to support high-performance as they scale, the all-in-one product enables technical teams to unlock and share key organisational know-how.
Using PlusPlus, companies’ internal experts can host workshops, classes, and tech talks. This helps with removing friction and empowering engineers at all levels to thrive. New-hires benefit from faster shared understanding of tools, systems, and best practices. In turn, Internal experts feel seen and have a podium to share ideas they care about most.
Throughout the Great Resignation – a time when one in four UK workers are planning a job change – PlusPlus has demonstrated its value as a tool to retain top tech talent and currently has approximately 100,000 users.
The platform helps reduce burnout and solidify culture among existing employees as businesses recruit to fill the gaps. It ensures new hires are onboarded swiftly in a way that is informed by experts and boosts speed-to-productivity while engaging the brightest talent, giving them more reasons to remain loyal.
CEO, Marko Gargenta – former founder of Twitter University – said: “There are around 3 million tech workers in the UK – each with their own unique skills and secrets. Every company that is growing at a certain pace and has a level of internal know-how has a need to bottle up those processes in such a way that it can be used to successfully onboard new hires and share knowledge within the existing workforce. As most organisations evolve to become technology companies, this becomes a universal issue.
“By building resilient technical teams that get up to speed faster, engaging experts and codifying their expertise, organisations can future-proof their success and scale quickly – improving employee retention and attracting world-class talent as they do so.”
Jenny Lefcourt, General Partner at Freestyle Capital, commented: “We are excited to partner with PlusPlus and support the team’s inspirational vision to transform the way in which technical knowledge is communicated and consumed.
“The Great Resignation makes scaling a technical team harder than ever, so the need for employees to get up to speed and be productive quickly is more urgent than ever. PlusPlus offers an innovative and interactive solution, which not only promotes knowledge sharing but also prioritises culture in a world of hybrid work. As an investor, hearing from the companies who use PlusPlus and how much they rely on it, I realised the opportunity to support the company’s growth was one we couldn’t ignore.”
Marko concluded: “By asking an ambitious question – do your new-hires know what your veterans know? – we demonstrate that traditional eLearning courses and learning experiences under serve technical teams. If companies can encode best practices and continuously share who knows what, productivity improves. Getting 10% more out of their people is akin to increasing their team by 10% – hugely valuable.
“This investment will enable PlusPlus to onboard many technical teams including fast growing smaller companies who know how difficult scaling will be for them without the platform.”
For more information, visit PlusPlus.co
About PlusPlus
PlusPlus was launched in 2017, after its founders saw that technical teams were underserved and siloed and decided to apply their experiences of building Twitter University to the wider industry. PlusPlus helps technical teams share understanding, stay on the same page, remain productive and grow. PlusPlus is backed by the venture firms behind companies including Airtable, BetterUp, Carta, Clubhouse and Intercom, and counts among its customers the likes of Airbnb, Shopify, LinkedIn, Netflix and Salesforce.
