Home > Industry > Finance > Andreessen Horowitz Backs Aussie Communications Startup

Andreessen Horowitz Backs Aussie Communications Startup

Twitter and Airbnb investor Andreessen Horowitz has made its first investment in Australia, buying into employee communication tech start-up Pyn.

Pyn, which was started by Atlassian’s former head of people, Joris Luijke, and Culture Amp co-founder Jon Williams, uses marketing techniques such as personalisation and automated messaging to help businesses communicate with their employees better.

Since raising $US2.2 million in July last year, Pyn has been able to capitalise on the shift to remote work triggered by COVID-19, with Luijke saying companies were compelled to find ways to better communicate with staff in a hybrid work environment.

“The adoption of remote work norms and a new generation of remote collaboration tools certainly lowers the barriers to build a great company from anywhere in the world.” Andreessen Horowitz general partner David Ulevitch told The Australian Financial Review.