Troop Raises $11M in Series B Funding

Troop

Troop, a Villanueva del Pardillo, Spain-based developer of corporate meeting technology and services, raised $11M in Series B funding.

The round was led by Durable Capital Partners and Madrona Venture Group, with participation from All Iron Ventures and Conexo Ventures.

The company intends to use the funds to continue to grow its technology, customer success and sales teams to support the broadening international footprint and rapid expansion across Europe and the US.

Co-founded by Leonard Cremer and Dennis Vilovic, Troop provides a corporate meeting management platform which leverages data aggregation and algorithms to make organizing in-person meetings easy for anyone mitigating risks, saving costs, and reducing carbon footprint. It removes the manual work that currently takes place to pull together pricing and availability and then charges it with sustainability & safety data.

Troop is used by a range of customers – from startup, fast growing companies to established global enterprises.

It has entities in the USA, Spain, South Africa, and the UK.

FinSMEs

30/03/2023