Wezoo, a Dutch technology startup, recently finalized a pre-seed funding round. This round was spearheaded by Arches Capital, a firm based in Amsterdam, and received additional backing from industry experts with backgrounds in both technology and hospitality. The precise investment amount remains undisclosed at this time.
According to Frank Appeldoorn, Managing Partner of Arches Capital, “The startup team possesses a distinctive blend of skills that empowers them to revolutionize the office market. With this investment round, we are placing our bet on their future success.”
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The Pinnacle of Flexible Workspace Solutions
Established in 2022 by Frerik Bongers, Tjeerd Bongers, and Jarno van der Linden, Wezoo is dedicated to developing a platform that prioritizes the well-being and flexibility of employees.
The company’s mission revolves around providing convenient, on-demand access to a wide range of coworking spaces. This liberates individuals from the challenging choice between isolating themselves while working from home or enduring a daily commute to a fixed office.
Leveraging their digital infrastructure, the startup facilitates effortless, on-demand entry to adaptable workstations, meeting rooms, and private offices, granting people the freedom to work at locations and times that suit them best.
This innovative solution not only assists employers in reducing real estate expenses but also enhances workforce adaptability and fosters collaboration, all within Wezoo’s “space-as-a-service” framework.
Funding Usage
This investment infusion equips Wezoo with the financial resources necessary to elevate its offerings for hybrid work environments. Although the company’s initial launch took place in the Netherlands, it has ambitious plans for expanding its services throughout Europe.
Tjeerd Bongers, CEO, and co-founder of Wezoo, expresses his enthusiasm, stating, “We are delighted to have Arches Capital as our partner in this transformative journey. Their investment serves as a testament to the unwavering commitment and hard work of our team. This funding round empowers us to expedite our mission.”
Bongers also observes, “The COVID pandemic has permanently reshaped the way we work. Against this backdrop, the space-as-a-service market is experiencing rapid growth. Success in this competitive landscape hinges on the quality of our product, enduring partnerships with coworking spaces, and a scalable growth model.”
About Arches Capital
Arches Capital comprises a network of more than 100 business angels committed to backing high-potential startups and scale-up enterprises.
This collective seeks to bridge the divide between formal and informal investors, providing a blend of professional investment strategies and tailored assistance and mentoring. The Archangels, a cadre of seasoned entrepreneurs and angel investors within the group, contribute their wealth of knowledge.
The investment firm concentrates on bolstering entrepreneurs engaged in the development of B2B software companies. Their mission spans from initial investments to facilitating successful exits and expediting the growth trajectory.
The group maintains a robust emphasis on B2B (or B2B2C) software companies located in the Benelux region, while remaining open to exceptional teams with outstanding products.
