TLDR:
Plane, a tech startup specializing in open-source project management, has received $4 million in seed funding from VC firm OSS Capital. The company aims to provide simple cross-functional collaboration for modern teams and offers a range of services for IT, design, product, and other professional services.
Key Points:
- Plane raised $4 million in seed funding from OSS Venture Capital.
- The startup offers open-source project management and aims to be a one-stop project management software for companies.
Plane, a tech startup focusing on open-source project management, has secured $4 million in seed funding from OSS Venture Capital. The company, founded in November 2022 by Vamsi Kurama and Vihar Kurama, provides easy cross-functional collaboration for modern teams. With a strong community engagement and open-core model, Plane has impressed investors like Joseph Jacks from OSS Capital. The startup aims to be a sustainable alternative to industry incumbents, offering essential tools for project management without ongoing SaaS-pricing commitments.
By offering a one-time perpetual license at $799, discounted for the first 100 orders, Plane One aims to cater to growing businesses looking for affordable and user-friendly project management solutions. The funding signifies a validation of Plane’s vision to create extensible and affordable project management products. OSS Capital, as an early-stage investor in commercial open-source software globally, recognizes the potential of Plane’s approach to project management and collaboration for modern teams.
