Executive Assistant Software Cabinet Raises $2.6 Million in Funding
Company Expanding with New Hires in Denver and NYC
DENVER and NEW YORK, Sept. 22, 2021 /PRNewswire-PRWeb/ -- Cabinet, an executive assistant software, recently closed a $2.6 million round of funding. Harlem Capital led the most recent round, followed by Good Friends Capital and participation by earlier investor Parade Ventures. With technology to boost daily efficiency and a peer-to-peer community for knowledge sharing, Cabinet is capturing the 10 million person administrative professional market.
"I met Julia in late 2020 during her Techstars program and have been extremely impressed with her and Cabinet's growth this past year," said Henri Pierre-Jacques, Managing Partner of Harlem Capital. "Cabinet has built a robust product that enables executive assistants at various organizations to become superstars in their roles."
Founded in New York by CEO Julia Leibowitz and CTO Evan Kesten in 2018, Cabinet's flagship feature is a scheduling solution that sits on top of existing company calendars like Outlook and Gcal.
"Executive assistants exist to free up the time of the most expensive resources in an organization: executives," said Leibowitz, who started her career as an executive assistant. "But if assistants don't have the software or context they need, it's very challenging to drive efficiency."
As the role of executive assistants increases in strategic importance in the workforce, Cabinet's tech-enabled solutions enable faster administrative support, with fewer errors, so that assistants can always stay three steps ahead of their executives.
"The stakes are high," said Cabinet CTO Evan Kesten. "Executive assistants always have to be at the top of their game. They are now expected to be business partners that drive alignment, efficiency, clarity and focus. They need dedicated tools to help accomplish this."
Selected as a startup member in Techstars NYC Accelerator in 2020, Cabinet hit the ground running despite the COVID-19 pandemic. As the world went virtual, Cabinet increased its capabilities to provide executive assistants with additional support.
"When we all went remote last year, Cabinet's community doubled in size as assistants were looking to connect with other assistants managing the same challenges," said Shawn Merani, Founder & Managing Director at Parade Ventures.
The company's Pre-Seed investment came in July 2020 from Parade Ventures, Techstars, Heroic Ventures, The Fund and angels.
Cabinet has offices in Denver and New York, and with this newest round of funding, the company is looking to hire marketing and engineering positions.
For more information on Cabinet, visit joincabinet.com.
About Cabinet
Cabinet gives executive assistants the software they need to drive efficiency and effectiveness for their executives every day. In addition to technology to help streamline tasks, Cabinet offers a community of assistants for peer-to-peer knowledge sharing and professional growth. For more information on the platform or for potential candidates looking to work with Cabinet, visit joincabinet.com/careers.
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Media Contact
Sabrina Wottreng, Sabrina Wottreng Public Relations, (872) 588-8601, [email protected]
Julia Leibowitz, Cabinet, 720-449-1057, [email protected]
SOURCE Cabinet
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