The Journey from Venture Capitalist to Co-founder

Brett Martin, co-founder and president of Kumo Space, discusses how he transitioned from running a venture capital fund to co-founding a virtual office platform. When the pandemic hit, Martin saw an opportunity to solve the video meeting problem and launched Kumo Space. They quickly attracted hundreds of thousands of users and achieved over a million dollars in annual recurring revenue (ARR) in just two and a half months. However, high churn rates due to one-off event usage forced them to pivot to a virtual office platform. Today, Kumo Space serves millions of users and has raised $25 million in funding.