Inside INdiana Business

Software company secures nearly $1.3M in funding

(photo courtesy of Docket)

INDIANAPOLIS, Ind. (Inside INdiana Business) – An Indianapolis-based meeting management software platform has received nearly $1.3 million in funding. Docket says the additional funding allows it to expand in engineering and customer success, emphasizing platform growth, user acquisition and long-term retention.

Docket says investors include Sequoia Capital, Emergence Capital and Maven Ventures in California, Hong Kong-based Horizons Ventures, as well as existing investor High Alpha Capital in Indianapolis.

The funding follows Docket’s first place finish in Zoom’s Marketplace App competition in May.

“We’re very excited to support Docket to become one of the many billion-dollar businesses that will be built on Zoom’s platform,” said Jim Scheinman, Maven Ventures managing partner. “The opportunity for the two products to integrate, making meetings better and more effective, is a vision we’re proud to back at Maven.”

Docket says its platform ensures business meeting processes are productive, collaborative, and celebrated. The platform maximizes the time spent before, during, and after meetings. Users can create and share agendas, take complete and accurate notes, assign actions and share recaps.

“Zoom Marketplace apps like Docket provide additional value and enhance the overall user experience,” said Ryan Azus, chief revenue officer of Zoom Video Communications. “Combinations like Docket and Zoom can help any organization automate, integrate and collaborate more effectively.”

The investment extends Docket’s $1.5 million seed round that closed in January.