# Crivello

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.teamflowhq.com
- Total disclosed funding: $40M
- Latest round: Series B (Jul 12, 2021)
- Investors on record: 3

## About

Crivello Corp. is a virtual office platform that enhances remote team collaboration through innovative real-time engagement tools, aiming to streamline communication and project management for teams across the globe.Founded in 2020 in San Francisco, US, Crivello Corp. specializes in virtual office solutions. In July 2021, it raised USD 24.68 mn in SERIES B funding led by Coatue Management, with participation from Battery Ventures and Menlo Ventures, bringing the total amount raised to USD 24.68 mn. The company has completed 3 deals to date.Teamflow offers a comprehensive virtual office platform designed to facilitate remote team collaboration. The core product enables teams to engage in real-time discussions and problem-solving sessions beyond scheduled meetings, utilizing features like shared whiteboards and document integration. The platform supports seamless interaction by allowing users to walk over to colleagues within a virtual environment, mimicking the dynamics of a physical office. Key functionalities include the integration of popular applications such as Asana, Salesforce, Figma, and Google Docs directly within the workspace, providing a centralized hub for project management and communication. The service is tailored for businesses operating globally, particularly in markets that prioritize remote and hybrid work arrangements, including North America, Europe, and parts of Asia.Teamflow's revenue generation model centers around subscription-based pricing, which facilitates access to its virtual office services for clients across various sectors. The platform offers tiered pricing plans that accommodate different organizational sizes and feature needs, enabling businesses to select a level of service that aligns with their collaboration requirements. Transactions occur between Teamflow and its business clients, with the firm providing virtual office access in exchange for recurring payments. The direct-to-business model ensures that Teamflow serves a diverse range of customers, from startups to established enterprises, all seeking innovative solutions to enhance remote team productivity and engagement.In July 2021, Crivello Corp. raised USD 24.68 mn in SERIES B funding led by Coatue Management, with participation from Battery Ventures and Menlo Ventures. The company plans to utilize this funding to grow its team and support international expansion. Specific markets targeted for expansion include Europe and parts of Asia, with strategies aimed at enhancing the service's global reach and effectiveness.

## Funding rounds

- Series B, Jul 12, 2021, $25M — Battery Ventures, Menlo Ventures, Coatue Management
- Series A, Mar 23, 2021, $11M — Battery Ventures
- Seed, Jan 6, 2021, $3.9M — Menlo Ventures

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed, Series B
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A, Series B
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B