Developer Productivity Tools Startup Raycast Raises $15M From Accel And Coatue

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The platform enables the automation of day-to-day processes and tasks and allows developers to focus on important tasks. The team currently consists of 12 members, with more people expected to join by the end of the year as the company looks to hire more employees. The company says that in one month, the community built more than 100 extensions on the beta, connecting to services like Figma, GitHub, Chrome, Notion, YouTube, Twitter and more. Although the company will remain heavily focused on individual developers, Raycast sees potential in making it easy to share productivity tools and workflows with others. Raycast was founded in 2020 by former Facebook software engineers, Thomas Paul Mann and Petr Nikolaev, who sought out to create a way to recover the time developers lose every day due to continuous context-switching between different SaaS tools. In terms of growth, Raycast says that in just 12 months, it has increased its daily active user base from 130 in October 2020 to over 11,000 to date, with more than 20 million actions performed on the platform in that time. “This backs up our initial belief that Raycast has the potential to become an indispensable tool for developers, and we’re excited to see the team go even further with the launch of the API and Store and expansion to teams.