Funding & VC

OfficeRnD Founder Backs New Venture 1club With €2.2M Seed

1club, the new startup from OfficeRnD's founder, has closed a €2.2M seed round, The Recursive reports, marking the serial founder's return to the workplace tech arena.

By Daniel Okafor

1 min read

Updated

What's News

  • 1club raised a €2.2 million seed round
  • The startup was founded by the founder of OfficeRnD
  • The Recursive first reported the funding

1club, the new startup founded by the creator of workplace software company OfficeRnD, has raised a €2.2 million seed round, The Recursive reports.

The round marks the founder's return to startup-building after OfficeRnD, which built software for managing flexible and hybrid workplaces. The €2.2 million cheque gives 1club its first significant institutional backing at the seed stage.

The Recursive first reported the funding. The publication did not disclose the participating investors, the valuation, or the intended use of proceeds in its report.

The raise signals continued investor appetite for early-stage European startups in the workplace and productivity space, a sector OfficeRnD helped define with its software for coworking and flex-office operators.

What comes next depends on how 1club deploys the capital. A seed round of this size typically funds product development and an initial go-to-market push, and further detail on investors and strategy will likely surface as the company moves out of stealth.

Source: GN: Venture Capital

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Daniel Okafor

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Correspondent covering business strategy at Business Bearings.

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