The Yammer Mafia

Khanak
January 3, 2024
Tech Mafias

Yammer, founded in 2008 by David Sacks, emerged as an enterprise social networking platform designed to facilitate communication and collaboration within organizations.

Initially conceived as an internal communication tool for Sacks' previous venture, Geni.com, Yammer pivoted to a standalone product, providing a platform for employees to engage in real-time discussions, share updates, and collaborate on projects.

The company gained traction quickly, fueled by the growing demand for social collaboration tools in the business environment. In 2012, Microsoft acquired Yammer for $1.2 billion, integrating it into its suite of productivity and communication solutions.

The founding of Yammer reflects a pragmatic response to the need for efficient internal communication within businesses, contributing to its subsequent evolution and adoption in the corporate landscape.

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Yammer co-founder David Sacks leaving Microsoft, two years after $1.2B acquisition

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The Yammer Mafia

The Yammer Mafia has founded 59 companies and raised $3 billion in total, as per Crunchbase data.

PS: Are you a Yammer Mafia member interested in bringing your community together to invest in innovative ventures (and enjoy potential profits and other perks along the way)? Or perhaps you're part of another dynamic group that could be a fantastic source of startup investments? πŸ˜‰

Learn more about us and join the waitlist here.

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Most money raised: Eaze

Eaze is a pioneering company in the cannabis industry, often dubbed the "Uber for Weed." It operates as a delivery platform, connecting cannabis dispensaries with customers in areas where cannabis use is legal.

Founded by Keith McCarty, a former member of the social media startup Yammer, Eaze was established to address the challenges of accessing cannabis. In 2014, just as California legalized recreational marijuana use, Eaze was preparing to close a $40 million Series B funding round, expanding its reach beyond medical cannabis users.

Eaze's innovative approach lies in its facilitation of easy and legal access to cannabis through a convenient delivery system. This model significantly influenced the cannabis market, especially in California, by streamlining the process for customers to purchase cannabis products.

Despite the complexities of the cannabis supply chain and regulatory environment, Eaze has managed to establish itself as a key player in the evolving cannabis industry.

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A list of all the amazing companies covered :

  • Eaze
  • CloudTrucks
  • Mode Analytics
  • Creative Juice
  • Mozart Data
  • Internal
  • Abl Schools
  • Viable
  • AdQuick
  • Pocket Change
  • Superframe
  • WAYV
  • Jumpcam
  • Wildr

Eaze

Founder: Keith McCarty

Yammer Role: GM of Global Revenue

Capital Raised: $202.5M

Investors: Bailey Venture Partners

Stage: Series D

Eaze is an online marketplace and technology platform that helps provide legal access to cannabis through safe and convenient delivery.

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CloudTrucks

Founder: George Ezenna

Yammer Role: Software Engineering Intern

Capital Raised: $141.6M

Investors: Craft Ventures

Stage: Series B

CloudTrucks offers a virtual trucking carrier application designed to reduce operating costs for truck drivers.

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Mode Analytics

Founder: Benn Stancil, Josh Ferguson, Derek Steer

Yammer Role: Analytics

Capital Raised: $81M

Investors: H.I.G. Growth Partners

Stage: Series D

Mode Analytics is a developer of a collaborative analytics platform used to make data-informed decisions.

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Creative Juice

Founder: Ian McDaniel

Yammer Role: Product Engineer and Founding Member

Capital Raised: $20M

Investors: Acrew Capital

Stage: Series A

Creative Juice is a banking and financial network for content creators.

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Mozart Data

Founder: Peter Fishman

Yammer Role: Director of Analytics

Capital Raised: $19.1M

Investors: Craft Ventures

Stage: Series A

Mozart Data provides an out-of-the-box modern data stack. Easily consolidate and prepare data for analysis without any engineering.

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Internal

Founder: Arisa Amano, Bob Remeika

Yammer Role: Director of Product Marketing, Engineer

Capital Raised: $16M

Investors: Craft Ventures

Stage: Series A

Internal offers a tool that helps companies resolve customer issues.

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Abl Schools

Founder: Adam Pisoni

Yammer Role: Co-founder and CTO

Capital Raised: $12M

Investors: First Round Capital

Stage: Series A

Abl Schools is building a new kind of school operations software that helps school leaders better manage their time and resources.

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Viable

Founder: Daniel Erickson, Jeffrey Erickson

Yammer Role: Senior Javascript Engineer

Capital Raised: $10.9M

Investors: Streamlined Ventures

Stage: Seed

Viable provides a platform that automates customer feedback analysis to inform business decisions with data-backed insights.

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AdQuick

Founder: Fahim Ferdous

Yammer Role: Software Engineer

Capital Raised: $9.2M

Investors: Initialized Capital

Stage: Series A

AdQuick is the easiest way to plan, book, and measure out-of-home advertising.

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Pocket Change

Founder: Amos Elliston

Yammer Role: Engineering

Capital Raised: $6.4M

Investors: First Round Capital

Stage: Series A

Pockets Change builds financial resilience with students, families, and educators.

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Superframe

Founder: Derek Steer

Yammer Role: Analytics

Capital Raised: $5M

Investors: Designer Fund

Stage: Seed

Superframe is an artificial intelligence-powered software company to assist organizations optimize go-to-market technology stacks.

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WAYV

Founder: Keith McCarty

Yammer Role: GM of Global Revenue

Capital Raised: $5M

Investors: Craft Ventures

Stage: Seed

WAYV is an automated, e-commerce platform serving California’s cannabis industry.

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Jumpcam

Founder: David Stewart

Yammer Role: VP Product

Capital Raised: $2.7M

Investors: Trinity Ventures

Stage: Series A

Jumpcam is a mobile app that creates collaborative videos by compiling multiple videos into a single clip.

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Wildr

Founder: Vidit Drolia

Yammer Role: Engineering Director

Capital Raised: $1M

Investors: Agya Ventures

Stage: Pre-Seed

Wildr is the world's first toxicity free social platform that empowers every creator to monetize in an instant.

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