Yac, a startup headquartered in Orlando, Florida, focused on converting voice messages for distributed teams, has secured $7.5 million in its latest funding round.

The platform’s innovative approach has successfully attracted significant investment, with this new round spearheaded by GGV Capital and including follow-on funding from the Slack Fund.

It appears that modernizing voicemail technology represents a substantial market opportunity.

“Asynchronous communication will define the future of meetings, delivered directly to your ears and enabling hands-free interaction,” stated Pat Matthews, CEO and founder of Active Capital, during the company’s initial seed funding announcement approximately one year ago.

Yac was established by Justin Mitchell, Hunter McKinley, and Jordan Walker, originating from the digital firm SoFriendly. It began as a project presented at Product Hunt’s Maker Festival, where the voice messaging service emerged victorious in the startup contest, subsequently gaining the attention of Boost VC and Adam Draper, a venture capitalist from a third generation of investors.

Roughly half a year following the initial seed funding, Yac was contacted by Slack based on a recommendation from another business leader. Mitchell reports that the two companies utilized Yac itself throughout their discussions last year as part of the due diligence process. When Yac publicized Slack’s investment in August, the service had surpassed 5,000 users and operated on a per-user subscription model, similar to Slack’s pricing structure.