By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Dynamic Business Location.

€ 1.3 million investment for a better working world

from l. to r.:  David Schellander (Co-Founder TeamEcho), Markus Koblmüller (Co-Founder TeamEcho) © TeamEcho GmbH

With seed + speed Ventures, the venture capital fund of the German investor Carsten Maschmeyer and the investment vehicle 8eyes led by Runtastic founder Florian Geschwandtner, the 25-person team at TeamEcho succeeded in attracting two of the most well-known investors in German-speaking Europe. The Upper Austrian HightechFonds, a venture capital fund of the Federal Province of Upper Austria and the Upper Austrian banks, as well as Austria Wirtschaftsservice (AWS), the funding bank of the federal government, also participated in this round of financing. In addition, the existing shareholders from the previous primeCROWD round took part in the capital-raising measure as well.

The company offers an intelligent, anonymous employee feedback solution in the form of an ongoing mood barometer. In this way, an up-to-date view of the working atmosphere is available at any time, making it easy to identify potential and emerging problems as they arise. The fresh capital will be used to further develop the platform and to help push ahead with the expansion path in the DACH region.
"Our feedback solution offers companies a real-time overview of challenges, as well as opportunities in the team, and creates a space to jointly develop solutions", says David Schellander, Co-Founder and Co-Managing Director of TeamEcho. This is particularly crucial in times of the hybrid office and the like. Customers such as Magenta, Dynatrace, Herold and the University of Vienna assistTeamEcho in creating a working environment in which every employee can unfold his or her full potential.

The latest round of financing is the second successful financing round for the 25-person team. In 2019, the company secured an investment of € 310,000 from primeCROWD, Austria's largest startup investor network.

Continue reading and find out more about other successful startups from Austria!

Read more:

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • TECHNOLOGY CAMPUS TIROL

    22.09.2021/ 11.30 Uhr, LA Villa Starnberger See/ Ferdinand-von-Miller-Straße 39-41, 82343 Niederpöcking

  • Business Location Austria Oportunități pentru companii românești

    27. Sept. 2021/16.00 - 18.00, Bucharest, Romania

Austria Map

Find the perfect location for your company

One of Austria's key strengths as a business destination is its highly qualified and motivated skilled workforce for research and development, especially in the scientific sector.

Nestlé Austria

Logo
More testimonials

news from the business location Austria

Smurfit Kappa launches district heat project

Just under a year after the new energy systems went into operation, the next major sustainability project relating to the facility in Upper Austria is already in the starting blocks for the Irish group Smurfit Kappa Nettingsdorf.

Corona Tracking: New Encryption Technology Ensures Data Protection

The “Corona Heatmap” developed by the Know-Center and the Graz University of Technology shows where people who tested positive for the coronavirus were before the diagnosis i.e., the precise location where they got infected. In this way, conclusions can be drawn about coronavirus hotspots. An innovative process the interface between cryptography and data analysis ensures the necessary data protection.

More news All blog posts