Panobi, a growth platform for product and marketing teams, raised $5M in Seed funding. The round was led by Index Ventures with participation from Stewart Butterfield, Cal Henderson, April Underwood, Jana Messerschmidt, Lenny Rachitsky, and Fareed Mosavat. The company will use the funds to develop its product and grow its business in preparation for its commercial launch later this year.
Panobi's platform helps companies understand what's effective and what's not in their growth efforts. It does this by bringing experimentation, metrics, and reports into one place. This saves growth teams hours of manual work and allows them to act instead of react. Panobi also helps to align cross-functional teams by providing a single source of truth for growth data. The company has launched in closed beta and is currently accepting applications from qualified users.
