- Project management tool Superlist just raised $10.9 million in seed funding from EQT Ventures.
- Its founders come from Microsoft’s now-defunct productivity tool Wunderlist.
- Check out the 12-slide pitch deck it used to raise the funds.
A startup that wants to take on the likes of Asana and Monday.com and dominate the project management sector just raised $10.9 million in a seed round.
Superlist, which was founded by the creator of the now-defunct Microsoft productivity tool Wunderlist, enables users to keep track of their personal and professional tasks. The app allows users to share what they’re working on with both coworkers and family members, while also acting as a messaging service and a live log of daily to-do lists.
The Berlin-based startup, which was launched in May 2020, secured the funds from Luxembourg-based investor EQT Ventures.
“For most people, a combination of both professional and personal worlds is missing — and we need an entanglement of your personal self too,” Superlist cofounder and CEO Steffen Kiedel said.
Kiedel previously designed Wunderlist alongside Marcel Käding and Christian Reber, who also cofounded software presentation startup Pitch. Now the trio, who said they’ve learned a lot from their time with Wunderlist, are working together again to build out Superlist.
“It’s not about crazy features or reinvention but making a product more intuitive,” said Kiedel. “The difference is that Wunderlist wasn’t a B2C tool. It was for you to organize shopping, things around the house, and those were the major use cases. Superlist is for teams, it’s really about collaboration.”
Superlist, which is currently in its beta test stage, will launch when it has acquired enough user traction, according to Kiedel. He said the team was still figuring out “which established playbooks to follow when it comes to revenue” — although the business application will be a paid service.
Existing backers Cherry Ventures, which has invested in German delivery and logistics unicorns Flink and Forto, also participated — along with strategic angels in the B2B SaaS space. This brings its total funding to date to $14.7 million.
EQT Ventures partner Ted Persson said that the startup’s mission is taking place during a “dynamic time for the world of work” as the productivity software market is estimated to reach $102.98 billion by 2027.
With the fresh funds, Superlist will grow its remote-only team and invest in product development in the lead up to its launch.
Check out the 12-slide pitch deck used to raise the funds.