Wurkr, India and the UK-based SaaS firm, has raised over £1 million in the seed funding round. The fresh financing round was led by Hindustan Media Ventures Limited (HMVL).
“HMVL made an investment of £700,000, and £188,000 was raised through equity crowdfunding platform Seedrs, where Wurkr beat its original funding target by 25 percent with over 200 investors taking part. Angel investor Yan van de Velde committed £100,000 as part of the Seedrs lead investment round, and an additional £100,000. Wurkr also exercised a Convertible Loan Note to secure further cashflow,” – according to a press statement released.
The statement added, “The capital of this seed funding round will be used by the platform to accelerate global growth, expand the team, further develop the product and maximise advertising and marketing activities.”
Wurkr is a start-up disrupting the remote and flexi working industry through video technology. It was founded to provide a way of working, with the goal of becoming the go-to platform of choice for distributed teams.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.