ah! Ventures

ah!

Techstars backed SaaS startup Unremot that offers personal office for consultants, has raised $600K in Seed round from ah! Ventures Angel Platform and Others including Inflection Point Ventures, DFAN and Point One Capital. With 40 investments in 2021 and total 103 investments (in 82 Startups) till date, ah! Ventures total portfolio is of INR 251 CR (~33.5 MN USD) with 11 exits and 21 follow on rounds. ah! Ventures plans to do 45+ investments in 2021 totalling to INR 150+ CR (~20MN USD).

Shiju Radhakrishnanand Nisanth Kumar started their entrepreneurial journey in 2012 when they founded iTraveller – an online travel planning application that enabled customers to customize and book their holidays. In 2018, iTraveller’s story took an interesting turn when it got noticed by lastminute.com – the European OTA giant was looking to enter the Indian market and decided to acquire iTraveller.com.

Once bit by the entrepreneur bug, there is no going back. By early 2020, Shiju & Nisanth once again found themselves consumed by an idea that needed innovation. This later evolved into unremot. The independent consultants struggle to manage their client meeting requests, scheduling, and payments, surviving the broken experiences through multiple products. unremot is a business-in-a-box solution that provides a personal office to consultants that allows their clients to discover, request, schedule, pay and conduct meetings in a jiffy – all in one place. It combines online discovery, calendar, payments, and video conferencing into one screen and leverages a discovery-driven community interface.

unremot is a 20 member fully remote team, led by Shiju Radhakrishnan, Nisanth Kumar, Binse Abraham, Avanti Shukla and Thahir Backer. The team has previously worked together in the past, before being acquired and taking their exits.

Since 18 months of launch in Feb 2020, unremot has; 14000+ monthly active users, 40000+ monthly visitors, 80% organic users & network growth enabled and users from 52+ countries with 70% from the US, Canada, UK, Australia & Germany.

“Our driving force for being entrepreneurs is to build a product and watch users love it. The journey from iTraveller to unremot is a testament to this pursuit. With unremot, we aspire to become a go-to place for consultants who conduct back to back client meetings and bring together 25 million users on unremot in the next 5 years.”, said Shiju Radhakrishnan, Founder & CEO, unremot.

“The past 2 years have taught us how much business can be done remotely, and how relationships can be forged and developed with meaning and purpose without meeting face-to-face. What excites us about unremot is their belief that professional meetings can happen in this manner, where services are exchanged in the same way as in a walk-in or scheduled office meeting, with the same experience and the same expectations, including payment for services, and with discoverability. This we feel is the future of work”, stated Sunil Sharma, Managing Director of Techstars Toronto.

“Backed by a strong team, unremot is well placed and has the potential to become The-Go-To place for everyone’s virtual office. A large user base and multiple revenue streams makes it an attractive business opportunity.”, stated Hemant Thite, Venture Partner, ah! Ventures.

unremot aspires to reach 1 Mn users by the end of 2022, 5 Mn by 2023 and 25 Mn by 2025. To fuel this growth, unremot is targeting to raise a larger $2 Mn round at the end of the Techstars program.

Know More: Abhijeet Kumar, abhijeet@ahventures.in

About ah! Ventures

ah! Ventures is one of the world’s largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has three platforms: First Gear, which helps startups raise upto INR 1 CR (~USD 150K), Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! First Gear, Angel and High Tables platforms have over 70000+ entreprenurs, 2000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! First Gear, Angel and High Tables platforms till date have invested INR 251 CR (~33.5 MN USD) in 82 startups & 103 investments and have announced 11 exits & 21 follow on rounds till date.

Contact: Abhijeet Kumar, abhijeet@ahventures.in