December 6, 2022

Stockholm-Based Startups and Their Quest for Remote Working

Stockholm-Based Startups

Stockholm-Based Startups

The pandemic has accentuated the adoption of innovative ways of working, with a “digital everything” becoming a norm. Consequently, several organizations worldwide, and especially in Stockholm, have been experimenting with the idea of remote working. In fact, some new businesses have even been managing their entire operations remotely due to lockdowns. Two great examples of startups facilitating remote work are Teemyco and Klingit.

Teemyco – The Virtual Office Provider

Teemyco was founded in 2019 by Charlotte Ekelund and Oleg Danylenko, right before the pandemic hit the world. Its business objective is to bridge the virtual and real-world by creating online offices. The platform offers a virtual space where co-workers can coexist in “rooms” or “sit” at the same virtual table to interact through voice and video technologies. Since the pandemic prevented many companies from operating in physical office spaces, this facility functioned as an easy alternative. As a result, this Swedish startup experienced a massive spike on a global scale during 2020.

To date, the company has worked with several tech companies across seventy countries. After a year of maximizing its reach worldwide, the company is set to release a product for 250-membered teams. As per sources, some enterprises around the world are registering to be added to Teemyco’s waiting list. Furthermore, Teemyco was provided a funding round of €2.6 million from German Seed funds. The purpose of the funds is to double the size of their team and focus on further product development. They will also help scale up the sales and improve the marketing efforts. So, the startup’s growth can be described as stupendous considering the short span of time since its inception.  

Klingit’s Approach of Complete Digitization

Klingit was founded by Teddy Wold and Rikard Hegelund in 2020. With its interactive and subscription-based model, the company aims to make the world’s businesses look better through great design and create better and more equal opportunities for creatives all over the world. Klingit started as just a beta version but soon grew to a large global clientele within a year. Currently, they have already built a clientele of over eighty clients using their design production, marketing and web development services. Their goal is to expand their business on a global scale.

The founders believe that the traditional way of working limits organizations to acquire professionals from confined demographics, leading to unsatisfactory results. “The high demand for top-notch creative content production, flexibility, speed, and cost-effectiveness is increasingly making traditional practices obsolete. This is why we are showing the world how virtual working and tech can solve the problem,” says Wold.

Leveraging the remote work model, Klingit hires design professionals from all over the world through a rigorous and test-based hiring process and utilizes their skills to provide high-quality services to a wide range of companies. This allows it to provide global work opportunities to designers while helping save companies time and money through smart and efficient work processes. In addition, Klingit’s global team, local project managers, and creative directors work in a single platform. This one-of-a-kind tech platform, designed specifically for this purpose, helps optimize processes, maintain communication, and increase efficiency. The platform also serves as a brand asset storage where clients can store all their assets and see the status of ongoing projects.

Klingit’s modern and adaptive approach attracted WiT Ventures, one of the leading investment firms in Stockholm, which invested SEK 8 million ($940k) in it. The company is now planning to broaden its horizon further as its founders believe it can offer much more to borderless organizations worldwide. Also, its passion for creating opportunities across the globe is driving it to introduce unique recruiting strategies.

Utilizing Remote Working for Business Growth

Remote work is not a new concept, but the pandemic surely helped put it into motion worldwide. What once seemed to be a far-fetched approach is now recognized as one of the most sought-out working methods. There are many lessons for businesses to learn from the examples of Klingit and Teemyco, including how to unlock the true potential of their teams through a virtual work environment and digital network and leveraging remote work for business growth. The future is in technology’s hands now, and evidently, only those who make the most of this trend will be able to keep up with the world’s pace.

Leave a Reply

Your email address will not be published. Required fields are marked *