Channels Inc., an Ann Arbor-based communications startup, has raised $520k in seed funding to continue allowing physical workers in the event sector to communicate better.
The funding round was led by Sahra Growth Capital and brings the total funding raised by the startup since being founded in 2019 to $571.8k. 2 grants received by the startup in 2020 also provided the startup with an undisclosed amount in funding. Managing Partner of Doha Technology Global Abdulaziz Al-Hussein referred to the round by stating:
“I value visionary founders that have a true passion for pushing our current boundaries and these fine young men have shown me that there is a future to even the most old-fashioned sectors.”
Founded by Siddharth Kaul, Elan Rosen, and Ibrahim Mohammed, Channel Inc. uses software as a service model to provide its platform to event organizers, offering a more effective means of communication to conduct their work. The startup founders, who are University of Michigan sophomores, believe that offering a non-chronological option is the best way to deal with information overload.
The platform not only offers communication tools but also automated task management, progress bars to evaluate task completion, map overlays, and more. Jamal Al-Barrak, the Managing Partner of Sahra Growth Capital, referred to the startup’s potential. by stating:
“Channels has a bright future to disrupt the event space and eventually transition into sectors such as retail. They are pioneering the mobile-friendly approach to physical communication with big players already taking note.”
With organizations slowly returning to in-person events that require a more effective means of communication and higher levels of organizing, platforms like those offered by the communications startup. are becoming increasingly common at this time. Unlike similar solutions, the startup offers a platform specifically designed for the needs of physical work, with major hotel chains like Marriott Hotels and Holiday Inn already embracing the startup’s solution.
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