The global pandemic crisis has accelerated the remote workforce trend across industries. The increased adoption of this trend has highlighted its flaws pertaining to collaboration and data fragmentation. As per a Gartner survey, almost three in four senior executives are in plans to make some parts of their workforce remote permanently. There are a number of startups that help businesses and employees handle pain points that remote work magnifies. One such startup has come out of stealth mode with a $15M (nearly €12.7M) funding.
Bags Series A funding
London-based Qatalog has announced its Series A investment. This funding round was led by Atomico along with participation from Salesforce Ventures and angel investors such as Jacob de Geer (CEO/co-founder of iZettle), Chris Hitchen (Partner at Inventures, founder Getprice), Thijn Lamers (former EVP at Adyen) and all existing investors.
The company will use the investment to expand its London team and bring a new infrastructure for work to the market. This way, it claims, it will provide employees better visibility of work, ability to collaborate, and access to information.
Besides the investment, Atomico Partner Irina Haivas will join the board of Qatalog. And, it brings the overall funding raised by the company to $18.5M (nearly €15.7M), combining this Series A and previous seed round. Currently, Qatalog is in the closed product development phase and is testing with some of Silicon Valley and Europe’s most valuable private companies.
Building blocks of modern work!
Founded in 2019 by Tariq Rauf, London-based Qatalog lets employees find any file, person, or message instantly, coordinate workflows, align on goals, and automate routine work. It comes to play as it puts together all the SaaS building blocks of modern work such as Zoom, Microsoft/Google Suite, Teams/Slack, Jira, Confluence, Notion, Asana, and others.
The company organises and contextualises tools around the relevant people, projects, and teams in a company. Also, it unifies information and makes it more accessible and transparent and automates routine work. Eventually, people work smarter and collaborate better within the organisation.
The company claims that its systems are SSL-certified and its strict data management processes achieve full integrity and compliance with GDPR regulations.
Main image picture credits: Qatalog