How much did oVice raise?

oVice raised $32 Million in a Series B round on August 31, 2022.

Ovice Raises $32 Million In Series B To Develop Virtual Offices For Remote And Hybrid Teams

PRIVATEAug 31, 2022

Amount Raised

$32 Million

Round Type

Series B

NanaoInformation TechnologyHardwareSoftwareMedia And EntertainmentEventsAppsMessaging And Telecommunications

Description

oVice was launched in 2020 as a way to give teams, disconnected during the pandemic, a common meeting point. It offers fully customizable virtual spaces for offices, online classrooms, and event venues.

Quick answer

oVice raised $32 Million in a Series B round, dated August 31, 2022. oVice is based in Nanao, Ishikawa, Japan.

How much did oVice raise?: oVice raised $32 Million in a Series B round on August 31, 2022.
What does oVice do?: oVice has been used as an online virtual office as well as an event venue by companies from a variety of industries. oVice is used by more than 1,200 companies and has issued more than 10,000 spaces (office and event..
Where is oVice based and how big is it?: oVice is based in Nanao, Ishikawa, Japan.

Source: Fundz verified event record.

Who else raised in Hardware and Media And Entertainment around the same time

Companies in the same sectors as oVice that raised within 45 days of this round, from Fundz verified event records.

Movius raised $8.4M on August 3, 2022.
Kumo AI raised $18M (Series B) on September 27, 2022.
B2Digital, Inc. raised $135K (Seed) on September 23, 2022.
Carats & Cake raised an undisclosed amount (Series A) on September 22, 2022.
Parler raised $16M (Series B) on September 16, 2022.
Bright raised $1.1M (Seed) on September 14, 2022.

Who to call at oVice, and when

A new round usually means oVice is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

oVice

Location

Nanao, Ishikawa, Japan

About

oVice has been used as an online virtual office as well as an event venue by companies from a variety of industries. oVice is used by more than 1,200 companies and has issued more than 10,000 spaces (office and event space). Since the release of the service, oVice has been providing its product mainly in the Japanese market. Even with the increase in demand in remote work due to the COVID-19 pandemic, the growth or the hyper-growth that oVice had in the past 12 months was simply astonishing. "oVice is a new communication service that responds to this human desire for communication, and I am convinced that it will become the de facto standard that supports the hybrid work style in the post-COVID19 environment.

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Fundz sees it the moment oVice raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means

Timeline to next round

Series B companies typically work for 15-20 months before raising new capital

Growth expectations

Series B companies are expected to scale rapidly and expand market reach

oVice raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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