Teemyco, a Stockholm, Sweden-based online office provider, raised $3.2m in funding.
The round was led by 42CAP, 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 intends to use the funds to double the size of the team, focus on further product development and scale the sales and marketing efforts.
Co-founded in 2019 by Charlotte Ekelund and Oleg Danylenko, Teemyco 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. Today, the system is released to companies with teams of 250 people. To date, the company has primarily focused on onboarding tech companies as early adopters, and has users across 70 countries. Customers include Greenely, Upstreet, Hack your Closet, eHealthApp, and Mr Lee’s noodles. With this wide release, Teemyco is launching a new version which allows companies to build, furnish and brand their online office to their own liking.
The company has to date raised over 4 million USD.
FinSMEs
07/06/2021