Virtual workplace firm Qatalog exits stealth mode backed by £14.3m
Posted on October 14, 2020 by Alistair Hardaker
UK startup Qatalog has revealed itself from stealth mode with a $15m (£11.6) Series A investment to expand its London team which currently includes specialists from likes of Amazon, Mozilla, Microsoft and Transferwise.
The latest investment round was led by Atomico, with participation from Salesforce Ventures, and angel investors Jacob de Geer (CEO/co-founder of iZettle), Chris Hitchen (Partner at Inventures, founder Getprice), Thijn Lamers (former EVP at Adyen) and all existing investors. As part of this investment, Atomico Partner Irina Haivas will join the board.
This follows an $3.5m (£2.7m) seed round raised by the company in October 2019, which the company has also just announced.
This previous round was led by Mosaic Ventures, with participation from Taavet Hinrikus (Transferwise CEO/Co-founder), Paul Forster (Founder, Indeed), Ott Kaukver (former CTO, Twilio), Renaud Visage (Co-founder, Eventbrite), Philipp Moehring and Andy Chung (Tiny Supercomputer), Andreas Klinger (Remote First Capital) and angels from Transferwise, Deepmind and Monzo.
Together, the rounds bring the company’s total funding raised to date to around £14.3m.
Founded in 2019, Qatalog brings together disparate remote working tools such as including Teams and Slack, Microsoft and Google Suite, Zoom, Confluence, Jira, Notion, Asana and others.
Its ‘Work Graph’, as it is called, unifies the information from these tools and automates routine work.
Tariq Rauf, founder and CEO of Qatalog explained: “The modern workplace uses a lot of tools, and these tools will continue to further specialise.
“We don’t think that’s a problem we can or should solve, but we can provide the foundations and relevant context for all of these tools to plug into so they don’t end up creating yet another silo.
“We’re building an intuitive platform that brings all the pieces of our chaotic workspace together. It’s entirely new infrastructure for collaboration and information sharing, rebuilt from the ground up to support how we really work today.
“Our team is on a mission to make modern knowledge work simpler, better and maybe even fun.”
Irina Haivas, Partner at investor Atomico, added: “The explosion of software tools has caused confusion in the modern workplace, and that pain point has been exacerbated by a shift towards more remote and hybrid work. This has given birth to a need for something entirely new. A new kind of workplace infrastructure that knits all these different tools together. After all, the real promise of these apps isn’t just in what they do individually—it’s what they can do together.”