# Team-GPT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/team-gpt

- Industry: Software
- Headquarters: Sofia, Bulgaria
- Website: www.team-gpt.com/
- Total disclosed funding: $4.5M
- Latest round: Seed (Nov 14, 2024)
- Investors on record: 2

## About

Based in Sofia, Bulgaria, and founded in 2023 by co-founders Yavor Belakov, Katya Vaptsarova, Iliya Valchanov (CEO), Maria Valchanova, and Ilko Kacharov, Team-GPT Ltd. operates as an AI platform that provides online training for using specific AI tools and includes enterprise capabilities such as group planning and system management. In November 2024, Team-GPT Ltd. raised USD 4.5 million in seed funding led by True Ventures with participation from Philadelphia Alliance for Capital & Technologies.

Team-GPT offers an AI toolkit intended for organizations of various sizes, from small teams to large enterprises. The core functionalities of Team-GPT include the ability to utilize multiple AI models tailored to specific business use cases, ensuring data safety and compliance throughout the workflow. Users can organize AI-driven projects, automate tasks, and collaborate across teams while maintaining robust data security measures. The platform aims to improve operational efficiency, allowing companies to manage workflows and achieve successful outcomes in areas such as marketing, sales, legal, and other sectors. Team-GPT serves a diverse clientele, including M&A advisory firms and organizations in healthcare, government, and consulting, with a global market presence beyond its primary location.

Team-GPT's revenue model is primarily based on a subscription structure, with pricing starting at USD 20 per user. This is intended to accommodate a wide range of users, providing access to the platform's enterprise-grade security, privacy, and compliance features. Clients engage with Team-GPT through direct subscriptions, allowing organizations to scale their use of the toolkit according to their specific needs and team sizes. The platform's offerings include various AI models and use case libraries, which are integral to driving business results for clients.

The company is planning to expand into the European markets, specifically targeting countries like Germany and France, by the end of 2025.

## Funding rounds

- Seed, Nov 14, 2024, $4.5M — True Ventures, Philadelphia Alliance for Capital & Technologies

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed
- Philadelphia Alliance for Capital & Technologies — Seed
