Teamflow raises $11M in Series A funding to provide virtual office spaces

Funding Rounds

Summary

Teamflow, a provider of virtual office meeting services, announced Monday it raised $11 million in new funding led by Battery Ventures. As a result, teams have begun to feel the strain of “Zoom fatigue” with the use of video conferencing, email and chat collaboration and the lack of human spaces. The customization options are somewhat limited, but they tend to run the gamut of the generic business office with an open floor plan, including enough space for the round avatars to wander around in and experience a sense of telepresence. And Gather Presence Inc., a 2D business socialization platform that includes outdoor areas for communities, raised $26 million in Series A funding on March 11. “With Teamflow in place, we’ve been able to streamline the tools we use for keeping the team connected,” said Rafael Sanches, co-founder and chief executive at Anycart, a fresh grocery delivery service.

$ Funding

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Amount $11.0M Total raised
Date March 23, 2021 Announcement date
Investors Techcrunch, Gartner Lead investors
Company https://teamflowhq.com Funded company

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AskAI Classifications

Labels
Software SaaS Virtual Office

Linked Companies

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$1M to $5M