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Astrid gets acquired by Yahoo

AngelPad-backed to-do list startup gets snapped up by Yahoo

Financial trends and news by Bambi Francisco Roizen
May 1, 2013 | Comments
Short URL: http://vator.tv/n/2f37

Exciting news! Astrid, a productivity app which helps people manage lists, has been acquired by Yahoo. 

While details of the deal have yet to be disclosed.

San Francisco-based Astrid started in 2011, first getting incubated inside of AngelPad, and then raiseing just over $500,000 from Google Ventures and Nexus Venture Partners. Astrid was also a People's Choice Award winner at our Vator Splash event in February 2012.

We'll update when we hear more details.

Jon Paris, Astrids co-founder and CEO, wrote this on his blog:

We are thrilled to announce that we have been acquired by Yahoo!. When we set out to build Astrid, we sought to help as many people as possible become happier, healthier and more productive. We’re really excited to join the mobile team and continue this work with Yahoo!’s goal of “making the world’s daily habits more inspiring and entertaining.”

Over the next 90 days, Astrid will continue to work as is, and we will no longer be accepting new premium subscriptions. To make future changes as easy as possible, we’ll be in touch with users shortly to share how to download data.

We are grateful to the more than 4 million of you who have downloaded our apps, to those who have shared Astrid with friends, family and co-workers, and to all who encouraged us with your kind words along the way. You honored us in so many ways, and we won’t forget you.

We are also grateful to our many mentors and investors:

  • Thomas Korte and AngelPad for your sage advice and assembling a tremendous community of entrepreneurs.
  • Google Ventures and the team at the Startup Lab for teaching us so much.
  • Nexus Venture Partners, TMT Investments, and the amazing angel investors who provided the resource and support we needed to build our products and company.
  • Jump Associates and LUXr for helping us understand our users and build products people love.

To all of you, in both big and small ways you have helped us achieve the success we enjoy today. It is our sincere hope that our work will help you come closer to your own dreams.

Warmly,

Jon Paris & the Astrid Team

 


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