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Venture Capital News: Vestaboard Raises Additional $5M Seed

2022-08-23
SAN FRANCISCO, CA, Vestaboard, the premiere messaging display made to help people inspire each other at work and at home, is kicking off a new round of seed funding led by customers.
The brand is known for their innovative design that modernizes a classic display - bridging the gap between technology and human connection. Vestaboard aims for significant growth in 2022 and 2023 after multiplying revenue seven times in 2021 from 2020. The funding round will help the brand move from a pre-order to an inventory-based model, meet marketing and sales plans and commence R&D for a second, more economical display.

Vestaboard was made to help people inspire each other - a sleek design, users can send any message at any time from anywhere. Vestaboard's 8,448 flaps flutter to create a welcomed, mesmerizing sound and encourages people to look up. An experience that combines both the visual and auditory senses, Vestaboard's concept is unlike any other form of electronic communication as it offers focused, high-visibility messaging that brings people together and creates more inspiring environments. Vestaboard+, the brand's optional software subscription, enables owners to curate and automate content from a vast and growing library of channels.
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