Phoebe has raised $17,000,000 in its Seed Round, with backing from GV (Google Ventures) and Cherry Ventures. The round also spotlights the leadership of Matt Henderson and James Summerfield, who are driving Phoebe’s mission to reshape how organizations leverage cutting-edge technology.

This funding marks a significant milestone, positioning Phoebe as one of the most notable early-stage startups of 2025. With strong investors on board, the company is set to accelerate product development, expand its talent pool, and prepare for market adoption at scale.

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What Phoebe is Building

While still early in its journey, Phoebe is developing a next-generation platform designed to simplify complex workflows and unlock new efficiencies for businesses. The company’s focus is on building infrastructure that scales with modern organizations, reducing the friction that often comes with siloed tools and legacy systems.

Phoebe’s vision is to blend user-friendly design with enterprise-level robustness, ensuring that both startups and large enterprises can benefit from its solutions. The team’s combined experience in software development, product leadership, and scaling organizations gives them a unique advantage in navigating this ambitious mission.

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Why This Funding Matters Now

The $17M Seed round is not just capital - it’s a vote of confidence in where the market is heading. Businesses today are under pressure to optimize efficiency, reduce costs, and adopt smarter technology solutions in the face of growing complexity.

According to McKinsey, companies that prioritize digital transformation are 23% more profitable than their peers. However, adoption challenges remain high - Gartner reports that nearly 70% of digital initiatives fail to reach their goals due to poor integration and lack of cohesive workflows.

This is where Phoebe comes in. By creating an adaptable, scalable, and intuitive platform, Phoebe is directly addressing one of the biggest bottlenecks in enterprise adoption: complexity. The market appetite is clear - firms that offer simplicity and interoperability in software infrastructure are positioned to become category leaders.

the fastest-growing startups are no longer just “feature companies,” they’re “ecosystem companies.” Investors are increasingly drawn to products that can serve as connective tissue across industries rather than tools that live in isolation. Phoebe isn’t selling a single-use case - it’s building a system that other systems will depend on. For early-stage founders, that’s the playbook: don’t just ask, “What problem am I solving?” - ask, “What other products will collapse without mine in the stack?” The difference between building a nice-to-have and a need-to-integrate defines who can command rounds of this size in today’s cautious VC climate.

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The Role of GV and Cherry Ventures

Phoebe’s investor lineup is as significant as the amount raised.

• GV (Google Ventures) brings deep expertise in scaling global companies. Known for backing transformative startups like Stripe and GitLab, GV’s involvement adds both credibility and strategic advantage.
  
• Cherry Ventures, a European seed-stage powerhouse, has a track record of spotting breakout companies early. Their portfolio includes success stories like Flink and Auto1, showing their ability to support founders from early days to unicorn status.
  

Together, these investors provide strategic networks, operational expertise, and long-term capital support, all of which will be instrumental in Phoebe’s journey.

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Market Outlook and Growth Potential

The enterprise software market is projected to reach $517 billion globally by 2030, growing at a CAGR of over 12%. Startups that provide efficiency-driven solutions, especially in workflow automation and AI-driven integration, are expected to capture the fastest growth.

In Europe specifically, the tech funding landscape is showing resilience, with seed-stage deals seeing a rebound in 2025 after a period of global slowdown. This positions Phoebe at the forefront of a wave of European tech firms building globally competitive infrastructure solutions.

By tapping into this momentum, Phoebe has the potential to become a major player not just regionally, but globally.

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What’s Next for Phoebe

With $17M secured, Phoebe is entering its next phase of growth. The company will focus on:

• Expanding its core team with top engineering and product talent.
  
• Accelerating product development to bring its platform to early adopters.
  
• Building out strategic partnerships to integrate with existing enterprise ecosystems.
  
• Scaling go-to-market operations, ensuring that organizations worldwide can seamlessly adopt their technology.
  

If executed well, Phoebe has the potential to define a new category in enterprise software - one that emphasizes simplicity, interoperability, and long-term scalability.

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Conclusion

Phoebe’s $17 million Seed round, led by GV and Cherry Ventures, is more than just an early-stage raise. It’s a strong signal that the future of enterprise software lies in foundational platforms that reduce complexity and enable smarter, faster decision-making.

As businesses continue to face mounting challenges in integration and scalability, Phoebe is positioning itself as a solution that could reshape the way organizations operate at every level.

For founders, the story of Phoebe is also a reminder: investors back teams with bold, infrastructure-level visions - not just incremental improvements.

Phoebe’s journey is just beginning, but with this capital and the support of world-class investors, it is already one of the most promising startups to watch in 2025.

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