CEO Bhavin Turakhia invests additional $25 million in Flock

Flock today announced that CEO Bhavin Turakhia plans to invest $25 million into the company to enhance product innovation and meet global demand. Bhavin’s recent investment is an addition to initially invested $20 million. 

It also announced today that it has expanded to US, Brazil, the UK, Russia, and Spain, with addition of native language support in each location. The move is encouraged as the company closes in on Slack for a larger share of the enterprise market. 

After the latest update, the app comes with introduction of Public Channels to make it easier for users to discover and join conversations that interest them, within the team. 

It also introduces two native apps to help users improve efficiency and task management - Shared To-Dos to create and assign tasks, with due dates and My Favourites, to bookmark important messages, files, or links in a chat. 

“Since Flock entered the market, we’ve experienced significant global traction and 200 percent growth. Accelerated demand for the need to increase efficiency across teams has provided us with every reason to continue to expand globally and for me to prepare to invest additional capital,” said Turakhia. 

“Flock has helped teams improve collaboration, efficiency, and productivity by 30%,” added Turakhia, based on surveys of current users. “Flock also boosts transparency at work, and reduces wasteful email and in-person meetings by 50%.”

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