Embrace, Mobile-first Application Performance Management Platform, Joins Y Combinator’s Summer 2019 Batch
Since joining YC’s S19 batch, Embrace has been working closely with the company to focus on growth acceleration, and is now experiencing 20% month on month growth, with 50% growth projected this month – starting to indicate that magic hockey stick in the next months.
More on Embrace:
- Embrace provides a comprehensive unified health and optimization platform for mobile applications, which enables businesses to make their iOS/Android apps stable and faster.
- Its platform supports a wide array of companies (OKCupid, Boxed, Headspace); Mobile Commerce is a key category supported (Wish, Goat, Thrive, Home Depot) because Embrace solves shopping cart issues, increasing revenues and reducing cart abandonment.
- Since launching in 2016, Embrace has already grown to support trillions of mobile app events, and analyzes every user session to diagnose 5X more in-app issues than any other mobile toolset and fix mobile experiences.
- Earlier this year, Embrace raised $4.5 million from investors including Pritzker Group Venture Capital, Greycroft, Vy Capital, and Miramar Ventures.
For more information about Embrace, visit https://embrace.io.
Y Combinator is a startup fund based in Mountain View, CA. In 2005, Y Combinator developed a new model of startup funding. Twice a year they invest a small amount of money in a large number of startups. The startups move to Silicon Valley for 3 months, and the YC partners work closely with each company to get them into the best possible shape and refine their pitch to investors. Each batch culminates in Demo Day, when the startups present their companies to a carefully selected audience of investors. Y Combinator has invested in over 2,000 companies including Airbnb, Dropbox, Stripe, Reddit, Instacart, Docker and Gusto. The combined valuation of YC companies is over $100B.
Based in Los Angeles, Embrace is the only mobile-first application performance management (APM) company and offers the most comprehensive unified app health and optimization platform for mobile. The toolset makes identifying, replaying, and diagnosing mobile issues possible, easier, and quicker through the automated analysis of each and every user session. Embrace does not sample. Since its founding in 2016, Embrace has grown to support trillions of mobile events from many of the world’s most popular apps, including ChowNow, Home Depot, Thrive Market, TuneIn, EBTH, and Raise. Embrace was founded by seasoned mobile industry veterans from Scopely, Upsight, and Tinder who have built many top-grossing apps. Embrace is backed by mobile-focused investors, including Greycroft, Pritzker Group, Eniac Ventures, BoxGroup, Miramar Digital Ventures (Broadcom founder and execs,) TechStars Ventures, and leaders from Burstly / Testflight, Parse, MoPub, LendingHome, and Scopely. For more information about Embrace’s mobile application performance management platform, visit https://embrace.io.