🦄 Unicorner Startup of the Week: SigmaOS
Christina Lennox (left) and James Stallworth (right) pose for the camera in October 2022 | Photo by Arek Der-Sarkissian
✍️ Notes From The Editors
Happy Monday! We have some exciting announcements coming in the next couple weeks. In the meantime, if you haven't had the opportunity to check out our happy hour this Friday in San Francisco, make sure to check it out, especially if you’re thinking about raising or investing some new capital soon. Sign up link is here.
- Arek and Ethan 🦄
Internet browsing reinvented
SigmaOS is a new type of internet browser. Unlike traditional browsers like Google Chrome and Safari, SigmaOS prioritizes speed, organization, and collaboration through features like Workspaces to organize tabs, Collaborative Workspaces that allow users to browse together, and Cloud Sync to share workspaces across devices.
🔗 Check it out: sigmaos.com
💰 Business Model
The company offers its browser under a freemium model. Its basic Personal tier is available for free, its Personal Pro plan is available for $10 per month or $8 per month billed annually, and its Team plan is available for $15 per month or $12 per month billed annually. Students can sign up to use Personal Pro for free here.
📈 Traction and Fundraising
  • Raised $4 million Seed from LocalGlobe, TrueSight Ventures, Pioneer Fund, Ventures Together, Moonfire Ventures, 7percent Ventures, and more
  • Ranked #1 Product of the Month on ProductHunt
  • Participated in the Y Combinator S21 batch
👫 Founders
  • Mahyad Ghassemibouyaghchi, CEO: Previously Senior Full Stack Software Engineer @ Compose, Lead iOS Software Engineer @ Loop, iOS Software Engineer @ Memento, CS @ King’s College London
  • Saurav Mitra, CTO: Previously CEO @ Terra Capital Ventures, CTO @ Purpl Events, CTO @ Loop, ML Intern @ Ayata, Computing MEng @ Imperial College London
  • Ali Attar, CPO: Previously Scout @ Odin, Founder and CEO @ Dromadis Health, Product Engineer @ VUI Diagnostics, Founder and CEO @ Purpl Events, Founder and CEO @ Loop, Mathematics Master’s @ Imperial College London
💼 Opportunities
🔮 Our Analysis
As the most popular internet browser, Google Chrome is the program connecting the most people to the internet. But whether you use Chrome or another program as your primary internet browser, you likely have the same basic experience of tabs and a search bar. And while Chrome and its competitors do innovate on the traditional browser by adding features with each update, they have been iterating on the same experience for years. SigmaOS brings a fresh take on the internet browser. Some of its notable features include Workspaces, Collaborative Workspaces, and Split Screen. Workspaces allow users to group tabs by project. Collaborative Workspaces are workspaces that enable teammates and friends to browse together. Split Screen allows the user to open a separate page to the side and eliminates the need to create and organize multiple browser windows. This all adds up to a browsing experience that enables newer and more productive workflows. Even minor features, like the ability to rename tabs or search anywhere, feel designed to make the browser into a true productivity tool. However, SigmaOS faces significant challenges. In addition to competing with established and well-known players, its business model requires it to convince users to pay for a service they have expected to be free for over two decades. Despite this, we’re optimistic for SigmaOS’s future and are excited to see its market share grow.
📚 Further Reading
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