London-based Cord, a platform that helps tools and apps become more interactive, engaging and multiplayer, has raised $17.5M (nearly €15.1M) in funding. The round was led by Index Ventures, which also backed collaboration-centric unicorns Figma and Notion. Other investors include NFX and Stride, along with angel investors Elad Gil, Jeff Morris Jr., Charlie Songhurst, Guy Podjarny and Matt Robinson.
Collaborating amid rising remote working
Founded in 2020 by Nimrod Priell, a former Facebook product manager, and Jackson Gabbard, an early Facebook engineer, Cord believes that with the rise of remote working, due to the pandemic, it has become imperative for distributed teams to collaborate smoothly within a digital tool or product.