Summary
Founded by Luke Thomas, Friday is a communication tool designed to improve connectivity and information flow in remote teams. After years of remote work experience, Luke developed Friday to address communication challenges faced in distributed teams. Initially a side project, it grew to over $10k/month in revenue before raising $450k in funding.

Unique Aspect
Friday's unique approach is in treating workplace communication like an engineer would approach codebase architecture, focusing on improving processes rather than just efficiency.

Approach to kick off
The project began as a 'manager sidekick' tool, evolving into a customizable tool for various communication events at work.

Scoop

Business Model Viability
The model is viable in the current climate where remote work tools are in high demand, and there's a shift towards enhancing communication in distributed teams.

Future Projections
Aim to become a must-have tool for distributed teams and improve work experiences for remote workers.

Startup Stats

📊 ARR: $324,000

📈 MRR: $27,000

🚀 Startup Costs: $75,000

👥 Team Size: 5

🌍 Market: Targeting the growing remote work and team communication market

💰 Funding: Raised $450k to expand business and team

👨‍💼 Founders: Luke Thomas