# Around

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/around

- Industry: Software
- Headquarters: Redwood City, US
- Website: www.around.co
- Total disclosed funding: $15M
- Latest round: Series A (Mar 2, 2021)
- Investors on record: 6

## About

Teamport Inc. , dba Around is a video communication solutions provider that enhances collaboration for hybrid and remote teams through innovative technology. Founded in 2018, Teamport Inc., headquartered in Redwood City, US, specializes in video communication solutions. The company was founded by Pavel Serbajlo and has undergone a significant pivot, transitioning its functionalities to Miro following its acquisition. In June 2022, Miro, a portfolio company of Altair Capital, Accel, ICONIQ Capital, Atlassian Ventures, Dragoneer Investment Group, GIC, Salesforce Ventures, and TCV acquired Around from Floodgate, Initialized Capital, Credo Ventures,  Wing Venture Capital, Forerunner Ventures and Slack FundX for USD 300 million. The company offers a video call platform that features reactions, filters, floating mode, and EchoPrevention technology, tailored for hybrid and remote teams. This platform enhances virtual meeting experiences, enabling teams to create, collaborate, and celebrate in a cohesive digital environment, serving clients across technology, education, and corporate sectors, particularly in North America, Europe, and parts of Asia.Around's revenue model is based on subscriptions provided to businesses requiring effective virtual collaboration tools. Clients engage in tiered subscription agreements, allowing them to select packages that fit their operational needs and integrate seamlessly into their workflows, thereby establishing a solid revenue stream aligned with modern work demands.

## Funding rounds

- Series A, Mar 2, 2021, $10M — Forerunner Ventures, Wing, Slack Fund
- Seed, Mar 18, 2020, $5.2M — Credo Ventures, Floodgate, Initialized Capital

## Investors

- Credo Ventures (https://capitalatlas.ai/funds/credo-ventures) — Seed
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Seed
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Seed
- Forerunner Ventures (https://capitalatlas.ai/funds/forerunner-ventures) — Series A
- Wing (https://capitalatlas.ai/funds/wing) — Series A
- Slack Fund (https://capitalatlas.ai/funds/slack-fund) — Series A