Startup CXO. Matt Blumberg

      Email and Calendar: Exchange

      Cost: $4/month per user.

      This was a bit of an unusual approach as most companies will just start with the entire GSuite. We decided to start with Exchange as some members of the team had a strong preference for the email/calendar functionality of Exchange and Outlook. It generally works well if you are OK with Outlook and Outlook has strong iOS apps.

      File Storage/Management: Google Drive Enterprise

      Cost: $8/user per month plus $0.04 per GB per month, estimated $900 a year.

Certainly going with different systems for email and document management is not ideal. We wanted to give it a try as we had a strong preference for Google Drive. The OneDrive/Sharepoint experience we had in the past was not a positive one and effective file‐sharing/storage is important to get right on day one. We established about eight shared drives that mirrored the functions of the business. We also tried to ensure that we started right away with a logical document storage process, so we established a number of official folders for things like corporate documents, financials, and invoices. We also were able to install the Google Drive desktop apps so that the access to the files was as easy as if they were local files.

      Video Communication: Zoom

      Cost: $2,000 per year for up to 10 licenses.

      We felt Zoom had clearly the best technology and workflows for a startup. We could have gone with a $1,000 plan but we wanted some of the features included in the Pro license. We planned on integrating Zoom inside our platform so may have to adjust the license in the future. This was a critical piece of software to help us effectively work together and conduct nearly 100 external meetings in the first month of operations so we wanted to ensure we had the best technology. We did not go with any of the other features of Zoom like Zoom Room or the softphones.

      Web Analytics: Databox

      This was purchased at the suggestion of our investor High Alpha as it works well with Hubspot.

      System Password Management: 1Password

      Cost: $50 for the year and first 6 months free.

      To ensure centralized storage of system and administration passwords, we created a 1Password account to store passwords for all of our corporate systems and production technology on AWS.

      Product Storyboarding: StoriesOnBoard

      Cost: $300 for the year for one edit license (and many viewers).

      Given how distributed we are and our future product development, we thought we would find a tool that helps storyboard/lean canvas very helpful. Plus, it integrated with Trello.

      Financial System: QuickBooks

Cost: $65 a month.

      We were planning on having a third‐party handle the back office for bookkeeping so just went with the basic approach they were familiar with. The key adjustment was revising the Chart of Accounts to match the business and ensuring the key integrations with Bill.com and Expensify were completed. A quick note that although we did not set up any sales tax software at this point as we were months from any revenue, and perhaps longer from the type of revenue that would require sales tax collection, we did ensure that when were ready, we could plug into our systems quickly and painlessly. Fortunately, just about every sales tax solution will plug into QuickBooks and we made sure our internal accounts were ready.

      Accounts Payable: Bill.com

      Cost: $1,000 per year.

      This may be a little early for this software given the small numbers of vendors we will have and we are months away from revenue. But given the cost, we thought we might as well integrate early on and help develop complete documentation of all of our AP management and give us the option of using their invoicing in the future.

      Expense Management: Expensify

      Cost: $1,000 per year.

      Another nice to have but, given the cost and the ability to start from day one with consistent expense tagging and documentation, we felt it was worth it. Easy to set up. We have a policy where the COO approves everyone and the CEO approves the COO. Expensify also has the ability to directly refund to an employee's bank account once the expense is approved so the process will scale well.

      Equity Management: Carta

      Cost: Startup package, price varies.

We had a lot of experience with Carta and put a lot of value on having the equity ledger on Carta from day one. Initially not using them for either 409a or Board resolutions. So just need the basic package for about six months and plan to eventually move to them for 409a valuations.

      CRM: HubSpot

      Cost: Their startup package, about $1,000 for the year.

      Typically, companies will go with Salesforce.com, but one of our investors had a lot of experience using HubSpot for startups and our early workflows for our CRM were basic enough where the tool itself wasn't as important as building a solid foundation.

      HRIS: Gusto

      Cost: $1,600/year.

      We wanted to use a lightweight and basic HRIS at this stage that could scale for our early planning and members of the team had a positive experience with Gusto. In addition, Gusto was able to issue 1099s for any contractors we used and can integrate our payroll and benefits administration in all of the states we were planning on being in for the foreseeable future.

      Calendar Management: Calendly

      Cost: Free or $10/month/user for more features

      This has solid integrations and ease of use. We needed to set up a lot of calendar events in the early days as we had to do 100s of market interviews and found Calendly helpful as it integrated with Outlook and Zoom.

      Payroll: Gusto

      Part of the HRIS.

      401k Provider: Guideline

      Cost: About $1k. $39/month + $8/PartEmployee per month

We liked Guideline's approach of no AUM fee and really just a place to buy Index funds. This approach minimizes the overall expense ratio of the plan and fits well for what we wanted in a 401k. If we had not already funded the business, we likely would have waited before spending money on this benefit. It also integrated seamlessly with Gusto.

      Insurance Provider: Vouch

      They had a really easy workflow to get the basic General, EPL, E&O, and D&O. The price was less than what we had thought it would cost to get the basic insurances needed for our operations. Very effective for a startup.

      Key Processes Established

       Documents to track

       Document storage

       Domains and aliases

       Purchasing and asset management

       Corporate cards

       Social