Coronavirus has made quite an impact on the economy. However, as we previously reported, VCs have assured that the fundings won’t dry up completely. Investors are still making new deals and in this situation, lean startups that are dynamically adjusting will most likely come out as winners. Amsterdam-based Yoho is a SaaS platform that has announced raising €400K seed funding from Horizon, the Flevoland’s regional development agency that helps entrepreneurs grow.
Replacing paper processes with mobile workflows
Just a few weeks ago, Yoho raised €250K in pre-seed funding led by HenQ, an Amsterdam based VC that invests from pre-seed to Series A in B2B software startups in Europe. And with the latest funds, the company is aiming to further develop its connected worker platform. As per Yoho, many industrial companies still use dated ways to carry out operations. The startup intends to reform with its mobile-first platform that is aimed at enabling workers to create digital workflows to replace paper-driven processes.