Wazzup Pilipinas!
Squadzip, a mobile-first software-as-a-service (SaaS) platform for productivity and collaboration that applies the ease of use and familiarity of popular social media platforms to a sales and project management context, received an undisclosed amount of funding from corporate venture capital firm Kickstart Ventures and Silicon Valley-based seed-stage investor and innovation platform Plug and Play Tech Center.
Squadzip is the first co-investment between Kickstart Ventures and Plug and Play Tech Center. This also marks the first investment of Plug and Play Tech Center in the Philippines.
Squadzip was inspired by CEO and co-founder Roman Mercado’s own frustrations in using productivity solutions while he was working in enterprise sales for medical, banking, and digital media industries.
In his corporate life, Mercado saw many corporations sink huge amounts of money into enterprise solutions, the implementation of which meant high upfront fees, hardware cost, complex user trainings, and time delays. These solutions ranged from the free to typically expensive legacy enterprise platforms. The situation prompted Mercado to tap colleague and now CTO and co-founder Joaquin Barandino to help build Squadzip, a productivity tool for businesses that allows teams to communicate in real-time and share data without having to endure lengthy forms.