Teooh Raises New Funding

Teooh, a London, UK-based provider of an avatar-based virtual gathering platform, raised a new funding which brought total seed round to $4.5m.

Backers included Spark Capital and General Catalyst.

The company intends to use the funds to accelerate platform development, including the creation of a dozen additional virtual venues for users to meet in, and growth-focused leadership hires.

Teooh is an avatar-based virtual gathering platform built to enable consistent community connection without borders or boundaries. Its custom-built virtual venues let anyone from multinational corporations to small groups of friends design personalized avatars and share common spaces to meet, present, exchange ideas and foster meaningful relationships. Anyone with a mobile device can open their own venue with no VR headset required.

Since launching in beta in April 2020, Teooh’s custom-built virtual venues have facilitated more than 5,000 virtual events, remote team meetings, personal gatherings and more for attendees ranging from major international businesses to intimate groups of family and friends.



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