LaunchHub leads $1m seed round for OfficeR&D
Bulgaria-based early-stage VC fund LaunchHub Ventures has led a $1m seed funding round for London- and Bulgaria-based co-working space management platform OfficeR&D.
Other backers in the round include the founders of Telerik, a Bulgarian software company, and RuneScape founder Constant Tedder.
OfficeR&D intends to use the capital to triple the headcount of its team, as well as invest further in product development.
Company
Founded in 2015 in Sofia, Bulgaria, OfficeR&D offers a flexible workspace management software intended to help new and existing offices maximise revenue and use of space. It is used in 100 co-working offices in 30 countries. Customers include Central Working, Us&Co, Halkin, Dogpatch Labs and Centrl Office. The company has offices in both London and Sofia.
People
OfficeR&D – Miroslav Miroslavov (co-founder, CEO).
LaunchHub – Rumen Iliev (partner).
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