Tech Company Financing Transactions
Silo Team Funding Round
On 4/17/2024, Silo Team raised $1.2 million in Seed financing from Fuel Ventures, Pitchdrive and Genesis Ventures.
Transaction Overview
Company Name
Announced On
4/17/2024
Transaction Type
Venture Equity
Amount
$1,160,000
Round
Seed
Investors
Fuel Ventures (Lead Investor)
Pitchdrive (Lead Investor)
private investors (Ferdinand Dietrich)
private investors (Michael Proszynski)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Trappstigen 21
Stockholm, 133 37
Sweden
Stockholm, 133 37
Sweden
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Silo Team is tackling the problem of the high turnover rate among developers, which is one of the highest in the world and costs companies billions of dollars annually.With the recent economic downturn, it has never been a better time to start retaining top talent, and developers are arguably businesses' most important and costly assets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rasmus Stjernström
VP - Client Services
Ida Stjernström
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