May 3 (SeeNews) - Bulgarian venture capital firm Eleven Ventures led a $2 million (1.8 million euro) funding round for Romanian remote and hybrid workplace platform developer Pluria, the startup said on Wednesday.
The funding round attracted participation also from Germany-based business angel syndicate Croton Capital, Romanian investment platform WIT Angels Club, US-based Phoenix Venture Fund, and unnamed angel investors, Pluria said in a social media post.
Pluria was launched in the wake of the COVID-19 pandemic by Andrei Cretu, who is also its CEO, and Gabriela Draghia, currently chief revenue officer, as they worked to develop an office-as-a-service solution to businesses in providing workplace flexibility to distributed teams, according to a separate statement by Eleven Ventures.
The startup has developed a subscription-based platform that lets workers search and book pre-approved workspaces, with offices and coworking spaces available in Romania, Bulgaria, Portugal and Spain as well as Mexico and several South American countries. The platform also facilitates staff management and invoicing at the employer end.
One advantage of Pluria's service is the ability for a company to quickly establish a presence in a given market without the burden of searching for and hiring an office space, while offering a boost to staff retention.
Clients of Pluria include Danone, Enel, PwC, British American Tobacco and Bristol Myers Squibb, according to the start-up's website.
($ = 0.9058 euro)