‘ Storm Ventures’ leads $1.65 million seed investment for IT outsourcing startup , 4ME

4me, a startup dedicated to improving the success of selective outsourcing, has secured $1.65 million in seed funding from Storm Ventures.

Co-founder and CEO Cor Winkler Prins explained that the founders both had successful exits from previous service management startups and were able to self-fund the company since it was launched in 2010.

The founders saw the cloud writing on the wall even in 2010 and figured companies would be outsourcing much of their functionality to managed service providers (MSPs). T

Winkler Prins said, “We realized this was going to explode and we could see this in the growing number of MSPs.”

“They want to outsource as much as possible mainly because of inability to attract and retain talent in-house,” he added

the company, over the years developed the product and tested it with MSPs and companies and fine-tuned it. They are taking the seed round to expand their go-to-market efforts.

4me currently has 16 employees, 92 customers and generates several million in revenue annually. A $60,000 seeding was secured by the company in the Alchemist Accelerator in 2017.

 

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