£500,000 raised for Dell's start-up in residence, Fantoo.
Fantoo solves the problems of email clutter by organising messages and providing a workflow pattern to improve efficiency.
The team were hand-picked by Michael Dell to become DELL’s first
global start-up in residence. The product is being piloted across the
whole of their UK Headquarters in the spring with a full commercial
launch planned shortly after, backed by DELL’s considerable resources.
Ruffena advised Fantoo throughout the funding round, helping them over fund to £500,000. Ruffena investors also participate with £125,000 in equity. With the money raised, Fantoo will spread the new funds across marketing, product and operations, with 35% of its last raise still in the bank.