Tally Market secures a six-digit seed round from business angels to fund team growth and technology.
The oversubscribed round brings total funding to £330k for the workplace platform.
Tally Market operates an on-demand workspace platform that connects teams with hot desks, meeting rooms, and day offices across the UK. The service helps companies manage hybrid working arrangements while providing venues with an additional revenue stream.
Tally Market has secured a six-digit seed financing round from a syndicate of angel investors and startup veterans. The oversubscribed injection brings the firm total funding to £330k since its inception last year.
The fresh capital will be directed towards expanding the company headcount alongside continued investment in proprietary technology and customer acquisition efforts. Tally Market currently hosts over 300 spaces across the UK on its platform, partnering with operators such as Huckletree, Runway East, Mercure, and Us&Co.
The business previously secured support through an Innovate UK grant from the Sustainable Innovation Fund to aid post-pandemic recovery. The platform caters to the rising demand for hybrid and flexible workplace options among desk-based employees.
From the founder
"Companies are struggling to support their employees with a new hybrid way of work, with it often becoming apparent that the home is failing to provide the right conditions for productive work and traditional offices are not ideal for collaboration."
Jules Robertson
Co-founder at Tally Market
Investor perspective
"We continue to see companies embracing new ways of working and hence increasing the demand for flexible and on-demand workspace. Tally Market’s platform does an amazing job of connecting companies and their employees with a great range of spaces across the UK. I’m excited to invest in Tally Market, and look forward to seeing the product, team, and market scale"
Anthony Ward
CEO, Armajaro Holdings
Use of funds
- 01Grow the team
- 02Continue product development
- 03Accelerate go-to-market
Investors
Categories
About the company
Tally Market
Tally Market provides an on-demand workspace platform for teams seeking flexible office solutions.