Networking App Clockout Announces $3.5 Million in Total Funding

Clockout has announced $3.5 million in total funding since its founding. The app helps young professionals find nearby peers, clubs and events. 114 Ventures led the funding. Other investors include Evite Ventures, Allied Ventures, Sher Ventures, Gaingels and BMPB VC.

CEO Krishna Dosapati founded Clockout and launched the app in October 2024. Users browse professionals by their work, interests and mutual connections. They can join communities and attend events. The aim is to help people meet offline and build connections beyond their existing networks.

Clockout reports more than 600,000 downloads. It reached $1.1 million in annual recurring revenue within 10 months of introducing paid features. The app offers free access alongside a $99 annual subscription. Subscribers receive extra features, including unlimited club and event access.

Source: Fortune