Digital adoption and onboarding platform Stonly raises $22M

Digital adoption and onboarding platform Stonly raises M

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Stonly, a platform that helps product groups, buyer help employees, and everybody in between exhibit how their digital instruments and merchandise work, has raised $22 million in a collection A spherical of funding.

The issue that Stonly is in the end getting down to deal with is that constructing a brand new product and getting it to market is just half the battle — to achieve the long run, an organization should have the ability to talk how the product works and make sure that customers know what its advantages are.

With Stonly, customers can create product walkthroughs reminiscent of onboarding checklists and interactive step-by-step guides that may be embedded on buyer help pages, blogs, and even inside buyer help software program reminiscent of Zendesk.

Stonly: Onboarding guidelines

The corporate was launched again in 2018 by Dashlane co-creator Alexis Fogel and Krzysztof Dąbrowski, with the duo’s former Dashlane colleague David Rostan later becoming a member of Stonly’s founding group.

“The principle factor Stonly accomplishes for enterprises helps their clients, customers, and workers thrive in each scenario the place self-serve, automated, and on-demand steerage could make a big effect on success, time to worth, troubleshooting, and decreased calls to assist desks and help representatives,” Rostan advised VentureBeat.

All aboard

The Stonly platform exists in an area that features digital adoption and buyer onboarding instruments reminiscent of WalkMe and Whatfix, whereas newcomers reminiscent of Rocketlane — which just lately closed a $18 million spherical of funding — and Appcues have additionally thrown their hat into the ring.

Whereas it serves the identical broad goal because the aforementioned corporations, Stonly has tried to distinguish itself by means of making itself obtainable wherever the top person is — it may be embedded by pasting a hyperlink onto any web site that helps Embed.ly, whereas it additionally helps iFrame code for content material administration methods (CMS) reminiscent of WordPress.

Inside all that, Stonly touts its skill to create step-by-step guides that may adapt to any scenario, with customers provided selections which might be contextually related to what they’re attempting to do and their degree of experience.

“Stonly is made to deal with self-serve steerage in all places a buyer or worker wants it — inside or overlaying software program, for adoption or troubleshooting or data base assist, as scripts and guides for in-person assist and troubleshooting — that platform method makes Stonly uniquely higher,” Rostan mentioned.

Before now, Stonly had raised round $3.5 million in seed funding, and with one other $22 million within the financial institution, the corporate is well-financed to capitalize on the world’s speedy transition to all issues digital, the place software program now underpins nearly every little thing we do in our private and dealing lives. Certainly, Stonly mentioned that it has grown five-fold up to now yr, with greater than 20,000 companies utilizing Stonly together with Telus, Univision, and UCLA.

“Now, everyone seems to be on-line — each user-type and each form of worker,” Rostan defined. “Everybody has ‘crossed the chasm,’ and the cracks are displaying and so they’re worse than companies thought. Individuals with a a lot wider vary of wants and skills demand personalised assist, however refuse to should contact an individual.”

However arguably extra vital than that’s the easy proven fact that competitors is fiercer than ever, which means that corporations can’t afford to take liberties with person loyalty — at its core, Stonly is designed to scale back churn.

“Options are only a faucet away, so companies are apprehensive — rightly so — that they will’t present worth quick sufficient, can’t interact clients or workers deeply sufficient, can’t make workers productive or empowered sufficient, and might’t cope with the entire ticket quantity to maintain up,” Rostan added.

Stonly’s collection A spherical was led by Northzone, with participation from Accel.

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