Wonder raises $11m seed funding led by EQT Ventures

– GERMANY, Berlin –  Wonder, a startup that has built a platform for people to come together in video-based groups to meet up, network, and collaborate, today announced that it has raised $11 million in a substantial seed funding round led by EQT Ventures, alongside BlueYard Capital also participating.

The company will use the funding both to add in more features as requested by current users, as well as to hire more people for its team.

“We think of this less in terms of content and more about people,” said co-founder Stephane Roux. “The core experience is about live interaction, not just repositories of stuff. We want to build a place for collaboration and communication. Interesting ways to carve up a group virtually.”

Wonder is built around the idea of a “shared space” that you enter. That space comes not from a VR experience as you might expect, but something much simpler that takes a tip from more rudimentary but very effective older game dynamics. You get a single window where you can “see” from an aerial view, as it were, all of the other people who are in the same space, and the areas within that space where they might cluster together.

“Throughout COVID-19, the real-time video has become the default for both private and professional interactions, and hybrid working is here to stay,” said Jenny Dreier, an investor at EQT Ventures Berlin. “No other video tools come anywhere near as close to replicating real-life interactions as Wonder, so the product has explosive potential, already foreshadowed with the platform’s stellar organic growth. It’s incredibly exciting to be working with the team and to be part of the journey; I can’t wait to be a part of their next chapter.”

For more information: https://www.wonder.me/

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.