Pitch, collaborative presentation software for remote teams, announced that it raised USD 85 million in a Series B funding round led by Lakestar and Tiger Global. The round included participation from existing investors Index Ventures and Thrive Capital. 

The round comes just seven months after its public launch in October 2020, bringing total funding to USD 137 million and valuing Pitch at USD 600 million. The fresh funding will be funneled toward talent acquisition, technology and product development, and expanding its business reach. The company also has an Enterprise Plan in the works to appeal to larger organizations.

The company also introduced a few new features, including a publishing and content ecosystem where designers and creators on the platform can share presentation templates, an opt-in advanced analytics system, and narrative recording and playback for presentations.  The new features will roll out in stages over the upcoming months. 

Based in Berlin, Pitch offers collaborative presentation software for remote teams developed by the co-founders of Wunderlist, a cloud-based task management app sold to Microsoft for USD 200 million in 2015. Pitch’s core features include custom-made templates to create presentation decks and integrate with partners such as Unsplash and Giphy. Some of its customers include Intercom, Superhuman, Grammarly, and Notion, among others. As of May 2021, more than 125,000 workspaces had been created on the platform. The company’s subscription pricing model includes a freemium plan and a paid plan starting at USD 8 per user per month.