OCCO, an Amsterdam and Tallinn-based B2B commerce platform that helps design professionals advance their workflow through AI and Machine Learning, announced that it raised €750,000 in its Seed round of funding.
The round’s main investor is Oliver Ahlberg, founder of Skeleton Technologies. Ahlberg will also be joining OCCO as an advisor to support the company’s expansion and help raise finance for future growth plans.
The design tech company claims it will use the funds to expand its services to new markets in Europe.
Company: OCCO HOLDING OU.
Raised: €750.0K
Round: Seed Round
Funding Month: February 2022
Lead Investors: Oliver Ahlberg
Additional Investors:
Company Website: https://occo.digital/
Software Category: B2B commerce platform
About the Company: Founded in 2016 by Ander Soorumaa and Paul Veetousme, OCCO started as a project sales company and worked closely with architects, real estate developers, and B2B customers. The insights from these furnishing projects inspired the founders to create a digital solution to improve the interior design process for all professionals. OCCO claims its customer-centric, AI-powered platform makes it easy for interior design professionals to find furniture and effectively manage projects through a single platform. The company aims to help professionals save time on product search and project management. The company claims that its platform has digitized the product catalogs of more than 800 high-quality interior design brands from Europe. Having access to these products from one source has been found to shave off 27 percent of monthly working hours for interior design professionals, claims the company. During the soft launch, OCCO has already secured 250 users from the Netherlands and Estonia and increased its yearly revenue to €7M.
Source: https://siliconcanals.com/crowdfunding/occo-raises-750k/