# Roomkey

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/roomkey-2

- Industry: Internet
- Headquarters: London, UK
- Website: www.teooh.com/
- Total disclosed funding: $4.5M
- Latest round: Seed (Jun 20, 2020)
- Investors on record: 9

## About

Roomkey is a UK-based company specializing in developing online platforms for virtual events, creating immersive experiences that enhance engagement for businesses and organizations in the digital space.Founded in 2018 in London, UK, TEOOH Limited focuses on delivering innovative virtual event solutions. The company has completed 5 deals to date. In its latest funding round, the company raised EUR 4.000 mn through a Seed round led by General Catalyst Partners and Spark Capital, bringing the total amount raised to EUR 4.000 mn.Teooh specializes in providing innovative virtual event solutions that facilitate immersive online experiences for users, primarily focusing on the needs of businesses and organizations seeking to enhance engagement in a digital landscape. Their core offerings include a comprehensive platform for hosting virtual conferences, exhibitions, and networking events, designed to replicate the interactivity of in-person gatherings. By leveraging technology, Teooh's products enable seamless interaction among attendees, exhibitors, and speakers through features like live streaming, chat functionalities, and virtual booths. The platform serves a diverse clientele, including corporations, industry associations, and educational institutions across North America, Europe, and Asia, addressing the demand for effective remote communication in a post-pandemic world.Teooh generates revenue through a subscription-based model, allowing clients to access their virtual event platform for a specified period. Clients typically purchase tiered packages that provide varying levels of service, including enhanced analytics and customization options. For instance, a corporate client might select a premium package that includes advanced engagement tools and dedicated technical support during their event. This structured approach enables Teooh to cater to a broad range of clients, from startups to large enterprises, while also exploring partnerships with event organizers and industry stakeholders to expand their market reach.Teooh plans to enhance its platform by developing new products aimed at increasing user engagement, with specific releases targeted for the upcoming year. The company is also looking to expand into new markets across Asia and South America by late 2024. Recent funding will be utilized to support these initiatives and further enhance their technology and service offerings. Additionally, Newfund Management has exited its stake in Roomkey, although financial terms remain undisclosed.

## Funding rounds

- Seed, Jun 20, 2020, $4.5M — General Catalyst Partners, Spark Capital
- Seed, Jun 1, 2019 — Newfund
- Seed, Jan 1, 2019 — General Catalyst Partners, Betaworks Ventures Management, Kima Ventures, Keeler Investments Group, Deepwater Asset Management, UpHonest Capital
- Seed, Nov 1, 2018 — Family Angel Management Fund

## Investors

- Family Angel Management Fund (https://capitalatlas.ai/funds/family-angel-management-fund) — Seed
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed
- Betaworks Ventures Management (https://capitalatlas.ai/funds/betaworks-ventures-management) — Seed
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Keeler Investments Group (https://capitalatlas.ai/funds/keeler-investments-group) — Seed
- Deepwater Asset Management (https://capitalatlas.ai/funds/deepwater-asset-management) — Seed
- UpHonest Capital (https://capitalatlas.ai/funds/uphonest-capital) — Seed
- Newfund (https://capitalatlas.ai/funds/newfund) — Seed
- Spark Capital — Seed