TelemetryDeck Receives Seed Capital From Private Investors

Companies like TelemetryDeck have one thing in common: they need a lot of preparation time before the first revenue is generated. And it takes quite a while before the founders can make a living from it.

Over the past two and a half years, Daniel and I have given everything we have to start TelemetryDeck app analytics. We put our know-how, time, and savings into the company because we believe in the big goal: valuable analysis is possible without having to violate anyone's privacy. That is what drives us.

And now, we're incredibly happy to announce that we're getting a huge boost of power into our development of TelemetryDeck app analytics!

Here’s the plan

We have a great setup with servers that allow us to deliver insights quickly, freelancers to help us with docs, and a huge drawer full of plans for how to build TelemetryDeck into an amazing company.

But we can't do it alone. That's why we've brought 6 private angel investors on board. For a six-figure sum, they will receive about 3.6% of the company's shares in total. (We're sharing this number because we want to emphasize that TelemetryDeck app analytics remain independent, and we're not going to go on a revenue-driven rampage that places growth above all else.)

In addition to the money that pays for our salaries, servers, and plenty of stickers, we also gained some really cool feature upgrades to TelemetryDeck-the-Company. For example, we now have access to a network of lawyers, data privacy experts, and well-connected entrepreneurs, and we can turn to these business angels with any questions we encounter on a day-to-day basis.

Emphasizing diversity

In addition to the promotion of a good idea and the realization that an offering like TelemetryDeck's was still missing on the market, what also makes us attractive is that we're female-founded. Thus, we were able to find supporters for us in two women's entrepreneurial networks at once: at Encourage Ventures and at VDU.

We are looking forward to the journey together with our customers and our investors and are optimistic about the future.