Online Office Startup Teemyco Raises $3.2M
Teemyco, the Swedish online office provider, announced today that they raised $3.2m from German seed fund 42CAP, who led the round with participation from previous investors Antler, Luminar Ventures and numerous high profile angel investors; Mehdi Ghissassi (Head of Product, DeepMind) and Sameer Singh (Creator of Breadcrumb.vc), who are investing via the 2021 Atomico Angel Programme, and Keith Richman (Co-Founder of Voi & Partner at 31 Atlantic).
The company was founded in late 2019 and has created a customizable virtual space, where co-workers co-exist in rooms or sit by the same virtual table, using voice and video technology to interact with each other.
The funds will be used to double the size of the team, focus on further product development and also scaling the sales and marketing efforts.
“During our closed Beta in 2020, users told us they love the seamlessness, seeing what is going on, the ease to co-work in the same virtual room and the fact that no links are needed to talk ad hoc. With this new design we add further customization opportunities. Users want it to be their branded office, not the Teemyco software,” says co-founder and CEO Charlotte Ekelund.
Announcement: Online Office Startup Teemyco Raises $3.2M