Front quadruples its valuation with $59 million Series C for team-based email platform

Front, the French-born company developing a collaborative work email platform, has raised a $59 million Series C round, led by several technology executives: Atlassian co-CEO and co-founder Mike Cannon-Brookes; Atlassian President Jay Simons; Okta COO and co-founder Frederic Kerrest; Qualtrics co-founders Ryan and Jared Smith; and Zoom CEO Eric Yuan. Sequoia Capital, Initialized Capital, Anthos Capital and other existing investors also participated in the round. Launched in France in 2013 and now headquartered in San Francisco, the SaaS company has developed a platform in which all work communication  — emails, texts, direct messages, etc. — is centralized in one place.

Front currently serves over 5,500 businesses, including major players such as MailChimp, Shopify and Stripe. Investors believe the product is breaking new ground, or at least is long overdue. “Front is creating an entirely new category and rebuilding corporate email from the ground up— turning the inbox into the central hub for work,” said Bryan Schreier, Partner at Sequoia Capital. “Front's platform adds a much needed human element to our work, and we are thrilled to continue to be a part of the journey and mission.” “The way we use email for business has been stuck at a standstill for the last twenty years, while every other system and workflow has evolved and improved in time,” said Eric Yuan, CEO of Zoom. “Mathilde and her team have built an exceptionally collaborative communications platform to bring work email into the 21st century. Front will play an important role in the future of work, and I’m excited to be a part of the journey."

Front co-founder and CEO Mathilde Colin said: "I am thrilled to have these exceptionally talented entrepreneurs and operators join our mission. These leaders are building the future of work, and their investment in Front validates our position that email can do so much more for both people and businesses – help them rise to the challenges they face every day, and make work more productive, more delightful, and ultimately more human, for everyone involved."