Astrid announced its seed funding today from Google Ventures, Nexus Venture Partners, and angel investors including Jack Herrick. Astrid, the developer of a to-do list for the Android platform, did not release financial terms.
PRESS RELEASE
Astrid Raises Seed Round for Mobile Productivity Applications
San Francisco, CA, July 12, 2011 – Astrid announced its seed funding today from Google Ventures, Nexus Venture Partners, and angel investors including Jack Herrick of wikiHow at the annual MobileBeat conference. Astrid, a popular to-do list / productivity application on the Android platform, has helped 1.5 million users complete over 18 million tasks since July of last year. With upcoming web and iPhone versions, Astrid features easy task sharing for couples and small teams.
Tim Su, Astrid’s co-founder and CTO, originally created Astrid for his own personal use to “nag” him about important things to do. “There were no other apps that did what I wanted,” he said. Since then, Astrid has landed on many ‘Best of Android’ lists, delighting power users while remaining simple, free and fun to use.
In early 2011, Su and Jon Paris, Astrid co-founder and CEO, joined the startup accelerator AngelPad, where they were introduced to strategic investors in the venture community. Astrid generated significant interest among these investors, and during the last week of March, was the hottest startup on AngelList, according to AngelList co-founder Naval Ravikant. Since receiving funding, Astrid has rapidly built out its engineering team, expanded to new platforms, and is moving towards its goal to help a billion people become happier, healthier and more productive.
About Google Ventures
Google Ventures is the venture capital arm of Google Inc. We seek to discover and help develop great companies, and believe in the power of entrepreneurs to do amazing things. Our investments range from seed to late stage, across a broad range of industries, including consumer Internet, digital media, software, hardware, and biotechnology. We embrace the challenge of helping young companies grow from the proverbial garage to global relevance. For more information, visit www.googleventures.com.
About Nexus Venture Partners
Nexus Venture Partners is India’s leading Venture Capital fund, with offices in silicon valley and India, investing in teams of passionate and driven entrepreneurs who aspire to build market leading companies. For more information visit www.nexusvp.com.
About AngelPad
AngelPad is a startup incubator based in San Francisco. Founded in 2010 by a team of ex-Googlers, AngelPad helps web-technology startups build better products, attract additional funding and ultimately grow more successful businesses. For more information visit www.angelpad.org.
