Reston-based
Intellinote is working on both an Android version of its workforce collaboration platform and a premium version that will give companies more workspaces and more storage space. Tony Lopresti, cofounder of Intellinote, does not have a firm rollout date for either product but says they are slated for "the next couple of months."
Intellinote closed a $4.3M Series A round led by Grotech Ventures and Boulder Ventures in December 2013. "A good portion of [that capital] went into product development," Lopresti says. The company also recently hired a VP of product marketing and a VP of business development, bringing the executive team to eight. They are supported by a 14 full-time contractors. In the coming months, the company will hire an inside sales team to support the launch of its premium version.
Currently, Intellinote's monetization strategy is custom integration work with large enterprise clients. Once the premium version rolls out, Intellinote will remain free for small teams (up to five users) with small (2GB) storage needs. Larger teams will pay $10-12 per user per month for up to 100 users with 5GB storage per user.
Intellinote, which launched in January 2013 and is currently operating in public beta with 3,300 organizations, is a cloud workspace for teams of people to collaborate. Work begins with notes, files or email, which, Lopresti explains, can be captured on a phone or tablet or in a browser. From there, the captured content can be shared, assigned and managed across teams. "We offer a combination of things to help people become more effective."
Lopresti founded Intellinote with William Welch and Gene Sohn—all three former executives with customer experience management firm
Clarabridge. "Intellinote was born of our own frustrations of trying to get work done and getting people on the same page," says Lopresti. "We built it for ourselves and for our customers. Given the existence of the cloud, of social and of mobile, the modern workforce expects different [tools]....We have a product that people love and can use to do work every day."