HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Port Raises Seed Funding From Catamaran

[Funding alert] Port Raises Seed Funding From Catamaran

The closing of Numberless, Inc.'s Seed round was announced today by Port's parent firm. Catamaran, which has previously invested in consumer businesses like Reddit, Udemy, Loco, and DailyHunt, led the seed round.
Aniruddh Balasubramaniam, Founder – Port

The closing of Numberless, Inc.’s Seed round was announced today by Port’s parent firm. Catamaran, which has previously invested in consumer businesses like Reddit, Udemy, Loco, and DailyHunt, led the seed round.

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Numberless’s board will welcome Catamaran’s Jennifer O’Brien. The business will double its team size and release its beta version early this fall using the extra cash.

“Due to the proliferation of mobile devices, phone numbers have become the convenient, de facto means of connecting for any purpose: a one-off delivery, a brief business query, a check-in with a friend. The value of these connections varies widely, though, so it feels incongruous that each receives the same permanent hook into our devices and lives – i.e., our phone number. Port solves this by removing phone numbers from the process of connecting and communicating with others,” said Aniruddh Balasubramanian, co-founder and CEO.

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The port is still undergoing beta testing. A public version is anticipated to go live in November, according to a formal announcement. Aniruddh Balasubramanian and Abhinav N created the messaging app Port in 2023.

“Port represents a new class of communication tools that restore boundaries around who can access users on their phones and when. In fact, I foresee a future where people are more willing to form new connections via Port because of this design,” said Deepak Padaki, president, Catamaran.

Read also – [Funding alert] Agritech Startup Leads Connect Secures $62.5 Mn From BL Agro

About Port

Port is the preferred method of communication for both family and strangers, but should everyone have access to our gadgets and lives on a constant basis Imagine a society in which contacts are made via handles or phone numbers. With Port, you only link and talk instead of exchanging numbers.

Read also – [Funding alert] Neso Brands Invests $4Mn in Le Petit Lunetier

Team VS

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