US-based startup Nooks, a virtual workspace space targeting distributed teams to make a better place for them to work and collaborate, raised US$ 5M in a seed funding round on 14 July 2021.
Investors: The funding round was led by Tola Capital with participation from Floodgate, Julia and Kevin Hartz, CEO & chairman of Eventbrite and Julia Lipton, founder of Awesome People Ventures.
About Nooks
Founded in 2020 by Andrew Qu, Daniel L., Nikhil Cheerla and Rohan Suri, Nooks aims to strengthen team culture, encourages impromptu collaboration and provides customizable room environments for drop-in conversations, coworking spaces, project rooms and hangouts. Nooks is headquartered in Palo Alto.
The virtual office solution helps teams move faster by replacing unproductive meetings and overwhelming chat notifications with spontaneous conversations. In a period of one year, Nooks has been able to get thousands of users including Workato, Embroker, and Stanford University. Nooks also has integrations with popular work from home tools such as Slack, Confluence, Jira, Github, Notion, Asana, Google Docs, Figma and Mixpanel.
Some of the features of Nooks are:
- Project Rooms: A dedicated room to work towards a specific project by using Jira boards, analytics dashboards and shared docs.
- Coworking Spaces: Peers can stay connected while working and see what others are working on.
- Virtual Sales Floors: Share learnings and accomplishments. Nook’s leaderboards allow teams to celebrate and build camaraderie.
- Interactive Events: Conduct interactive events such as presentations. Attendees can talk with their peers without disrupting the presenter through 1-on-1 with a ‘whisper’ feature.
What the CEO has to say: “We’re solving a sociology problem, not just a technology problem. In our hasty transition to remote work, we forgot about the human element of working together. Remember when we could just have normal conversations that weren’t scheduled? You could just turn your head and share an idea or ask a question. Nooks brings that magic online.” — Daniel Lee, the CEO and co-founder of Nooks.
What the investors have to say: “Remote and hybrid work is here to stay, and Nooks provides a virtual place where teams can collaborate and thrive together. We’re pleased to partner with the Nooks team to support its vision of bringing back more natural human interaction and fun to everyone’s work life. At Tola, we have both a physical and a Nooks office and our team loves having both ways to connect.” — Sheila Gulati, Managing Director of Tola Capital.
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