Slack has launched a fund to boost startups building apps for its platform.
The $80 million Slack Fund was co-launched with several venture capital firms, including Accel and Andreessen Horowitz.
Investments will be targeted at third-party apps which bolster the functionality of Slack.
Slack CEO Stewart Butterfield says investments will be mde at the seed-stage level, and says a return on investment isn’t the top priority.
Valued at $3 billion, Slack has more than 1.25 million active users.