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Home COUNTRY SCANDINAVIA&BALTICS

With $1.6M in new funding, Danish startup hits $4.8M total to grow user base and launch new platforms

Arctic Startupby Arctic Startup
August 29, 2024
Reading Time: 5 mins read
in SCANDINAVIA&BALTICS, VENTURE CAPITAL
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Copenhagen-based startup Tiimo, a leading app designed to support neurodiverse individuals, has successfully raised $1.6 million in its latest funding round, bringing the total raised to $4.8 million. This pre-Series A round was co-led by Crowberry Capital and People Ventures, with additional backing from Sweden’s Inner Foundations, which focuses on mental health startups. Previous investors include Goodwater Capital and Divergent Investments, both known for supporting innovative solutions in neurodiversity. The funds will be used to expand Tiimo’s user base, enhance its newly launched educational platform Tiimo Learn, and introduce a web-based version of its popular planner app, making it more accessible for desktop users.

Based out of Copenhagen, Tiimo was founded by two visionary women, Helene Lassen Nørlem and Melissa Würtz Azari. Since announcing their seed funding round two years ago, Tiimo’s user base has more than doubled, boasting over 50k paying subscribers as of August 2024, with more than 3 out of 4 of these identifying as neurodivergent. The app is growing in popularity globally, surpassing 500K free users worldwide.

Despite growing awareness, the unique experiences of neurodivergent individuals—those with ADHD, autism, dyslexia and other cognitive differences—often remain underrepresented. It is estimated that between 15 to 20% of the global population is neurodiverse, including 1-2% diagnosed with autism, 5% with attention deficit hyperactivity disorder (ADHD) and up to 10% with dyslexia.

The app provides a customizable visual planner designed by and for neurodivergent individuals as well as their recently launched learning platform Tiimo Learn. The new platform offers specialist educational content, expert advice and research-backed tools to aid neurodivergent users in managing daily life.

Tiimo is also planning to offer their popular planner as a web-based solution, with the launch scheduled for September 2024, making the full Tiimo experience accessible beyond the app for laptop and desktop users.

Founders Helene Lassen Nørlem and Melissa Würtz Azari, who is herself neurodivergent, both ensure the app meets the unique needs of its users. Tiimo’s recent nomination in the inclusivity category for the prestigious Apple Design Awards makes a powerful statement about what true inclusivity looks like in today’s world.

The team plan to use the additional funding to further their mission of transforming the lives of the 1 billion people worldwide with ADHD, autism, and other neurodivergent profiles. The near-term focus will be on user growth and scaling existing markets as well as product expansion for the new Tiimo Learn subscription.

Click to read more funding news.

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Read the orginal article: https://arcticstartup.com/tiimo-raises-1-6m/

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