Silo Team Raises $1.16M USD in Pre-Seed Funding

Silo Team
Ida Stjernström and Rasmus Stjernström. Image Credits (1): Frida Gerhardson. Image Credits (2): Nasdaq, Inc.

Silo Team (TopCo: Stair Path AB 559393-4887), a Stockholm, Sweden-based provider of a platform for tech teams, raised $1.16M in Pre-Seed funding.

The round was led by Pitchdrive and Fuel Ventures. Other investors included Genesis Ventures, StartupIst Ventures, ROI Ventures, and a group of angel investors, including Michael Proszynski, and Ferdinand Dietrich.

The company intends to use the funds to expand operations and its development efforts.

Founded by brother and sister CEO Rasmus Stjernström and CCO Ida Stjernström, Silo Team provides a platform that empowers tech teams to manage the full dev-lifecycle, from on/offboarding to retention. With it, customers can find structured processes, tools, and knowledge, all unified in one place.

Silo Team aims to evolve this initiative into a comprehensive platform that enhances the entire developer lifecycle by leveraging AI to streamline knowledge management and automate key workflows.

FinSMEs

17/04/2024