Plane, an open-source project management platform, has successfully closed a $4 million Seed round funding led by OSS Capital. This substantial investment marks a pivotal moment for the company as it seeks to accelerate community growth and expand its footprint in the enterprise segment. The funding will be instrumental in driving innovation, enhancing product development, and attracting top talent to bolster Plane’s core team.
In tandem with the funding announcement, Plane has introduced ‘Plane One,’ an innovative pricing plan tailored specifically for self-managed instance owners at growing companies. Plane One addresses critical demands for simplified instance governance, heightened security measures, and improved performance, catering to the evolving needs of modern businesses striving for operational efficiency.
Vamsi Kurama, Co-founder and CEO of Plane, expressed enthusiasm about the funding round and the launch of Plane One, emphasizing its significance in realizing the company’s vision. He highlighted the importance of providing user-friendly, extensible, and cost-effective project management solutions to meet the diverse needs of businesses, particularly those in the burgeoning startup ecosystem.
Plane One offers a one-time perpetual license priced at $799, with an introductory discount of $100 for the first 100 orders. The plan boasts an array of features designed to streamline project management processes and empower teams to achieve their goals with greater efficiency and effectiveness. From one-click deployment to weekly performance and security updates, Plane One offers a comprehensive suite of tools aimed at facilitating seamless collaboration and driving productivity.
Joseph Jacks, Founder at OSS Capital, commended Plane’s innovative approach and community-driven ethos, citing the company’s commitment to open-source principles as a key factor in their decision to invest. With Plane One, Plane is poised to establish itself as a leading player in the project management software landscape, offering a compelling alternative to traditional SaaS solutions.
Founded in November 2022 by Vamsi Kurama and Vihar Kurama, Plane is driven by a mission to simplify project management for teams of all sizes across diverse industry verticals. With its focus on user-centric design and robust user growth, Plane is poised to redefine how businesses approach project management, setting new standards for collaboration and efficiency in the digital age.