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Business-In-A-Box Platform Protonn Raises $9 Million

Jul 18, 2021

Protonn, a business-in-a-box platform for professionals, announced it raised $9 million in seed funding. These are the details. Protonn — a business-in-a-box platform for professionals — announced it raised a seed round of funding totaling $9 million. This round of funding was led by Matrix Partners India along with other venture investors including 021 Capital and Tanglin Venture Partners. And angel investors participating in the round include Binny Bansal (co-founder of Flipkart), Kalyan Krishnamurthy (CEO of Flipkart), Neeraj Arora (former WhatsApp exectutive), Sujeet Kumar (co-founder of Udaan), and Kunal Shah (founder of Cred). The company’s funding announcement comes at a time when Protonn launched its product to its first users in the U.S. after months of product development and beta testing. And with Protonn, independent professionals can grow their businesses by creating powerful, professional videos in minutes that they can share on social networks and with business prospects. Protonn was co-founded by Anil Goteti and Mausam Bhatt, both of whom have a track record of scaling large tech companies. And Goteti held several leadership positions at Flipkart, the $38 billion Indian e-commerce giant that was acquired by Walmart in 2018, most recently serving as the senior vice president of marketing and ads. And Bhatt most recently served as head of product management for Google Commerce (Buy on Google), chief product officer of RetailMeNot, and held a variety of leadership positions at Flipkart. They had formed Protonn in November of 2020 and will use the seed funding for hiring more talent, launching the product to market, and continued product development. With Protonn, independent professionals are able to launch their businesses online in less than five minutes. And Protonn combines a suite of tools into an easy-to-use and mobile-first platform. The product features include: — Video Marketing: Protonn’s magic mode allows users to integrate documents (E.g. PDF, PowerPoint etc.) to create a rich video narrative in minutes and post to social media or share with prospects to attract new clients. — Hassle-Free Scheduling: Clients can book a professional’s time with a click of a button. — Billing and Payments: Easy and secure payment options for clients. — Live, Interactive Sessions: Ability to conduct video sessions that include visual capabilities without the need to download extra software. — Video CRM: Send personalized video messages to clients to keep them engaged with your business. — Single Dashboard Business Management: View all financial performance and analytics in one place. KEY QUOTES: “Independent professionals power the economic engine of the world. In the United States alone, nearly 60 million independent professionals generate more than $1.2 trillion in annual earnings—that’s 36 percent of the total U.S. workforce. ‘Proto’ in Greek means ‘first’, and Protonn’s purpose is to put the needs of those millions of professionals first to help them thrive.” — Anil Goteti, co-founder of Protonn “Video technology in professional settings hasn’t kept pace with advances on the consumer front pioneered by apps like Snapchat and TikTok. Protonn is leading that change by providing professionals with an easy way to market themselves using video and manage their business.” — Mausam Bhatt, co-founder of Protonn “Protonn’s video-first and mobile-first approach combined with a  superior product experience will redefine how professionals grow their business and engage with their customers in a post-Covid world. The rise of the independent professional calls for new solutions, and Protonn is poised to meet the market demand. With their deep expertise in building scaled products, Anil and Mausam bring together a unique set of capabilities, and we’re privileged to partner on this journey with them.” — Vikram Vaidyanathan, managing director, Matrix Partners India

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