Funding Alert

Raycast raises $15M in Series A funding


Raycast recently raised $15 million in Series A funding led by Accel and Coatue. The round also saw participation from Johnny Boufarhat, Jeff Weinstein, Jason Warner, and Ott Kaukver, among others.

“We started the company because we wanted to improve how we work with computers,” Raycast CEO Thomas Paul Mann. “As developers ourselves, we find ourselves spending a lot of time on busywork that doesn’t bring that much value. We’d rather spend our time on the work that actually matters. This is the premise of Raycast — we bring you a tool that helps you get work done faster.”

raycast

Founded in 2020 by Mann and Petr Nikolaev, the platform offers its users the automation of day-to-day processes and allows developers to focus on important tasks.

Commenting on the investment, Accel partner Andrei Brasoveanu said, “Since leading Raycast’s seed investment, we’ve been impressed with the growth and traction Raycast has seen in the developer community.” He added, “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. We’re delighted to continue supporting Thomas and Petr on their ambitious journey.”

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