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Tundr, the e-Welfare Startup, Cashes in €1.7 Million Round

Tundr wants to redefine the logic of the industry by leveraging an employee-driven technology solution. Specifically, the startup’s first product is TundrMove, a full-digital solution to incentivize and sponsor the green transition with immediate access for employees to public transport, micro-mobility, carpooling, and car-sharing operators in Italy.

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Tundr Tech Corporation srl, a startup that promotes organizational wellness and improves business performance by supporting organizations with an e-welfare ecosystem, has cashed in a $1.73 million (€1.7 million) pre-seed round, underwritten by Golden Goose CEO Silvio Campara together with Italian and international strategic investors, including industrialist Claude Solarz, active in the eco-responsible recycling sector, and Stéphane Rotenberg, a well-known French TV presenter. The investment round was coordinated by Studio Gatti Pavesi Bianchi Ludovici and advisor Growth Capital.

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Tundr wants to redefine the logic of the industry by leveraging an employee-driven technology solution

Founded in 2021 by three young under-25s Jules-Arthur Sastre, Giorgio Seveso, and Alexandre de Angelis together with entrepreneur Manuela Ronchi, in total the startup has now raised more than $2.04 million (€2 million) from investors. The startup was recently selected among the 50 startups that will participate in the growth path offered by Unicredit’s Start Lab platform, while last April it had been selected among the four startups that will be part of the second round of A-Road, the acceleration and fundraising program dedicated to scaleups run by Growth Capital launched in August 2021.

Tundr wants to redefine the logic of the industry by leveraging an employee-driven technology solution. Specifically, the startup’s first product is TundrMove, a full-digital solution to incentivize and sponsor the green transition with immediate access for employees to public transport, micro-mobility, carpooling, and car-sharing operators in Italy. In addition, the app enables real-time estimation of the environmental impact related to each trip, a user-friendly way to discover the greenest travel alternatives and reduce one’s emissions.

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Giorgio Seveso, co-founder of Tundr, commented, “Thanks to this investment round, which brings the total raised over $2.04 million (€2 million) in 12 months, we want to become the enabler of business initiatives with a real impact on people’s daily lives, increasingly digital and oriented to eco-friendly practices.”

Jules Arthur Sastre, co-founder of Tundr, added, “We are very proud of the outcome of the round. Credit goes to an incredible team united by a common vision: to accompany workers in their daily lives thanks to a single tool that, for the first time, will be able to manage all company benefits.”

Andrea Casati, Vice President of Growth Capital, explained, “Thanks to innovative, ecological, and fully digital solutions, Tundr effectively responds to the increasingly widespread demand for corporate welfare services that are more dynamic and fluid than those offered by traditional players. We are happy to support this young and promising reality, which has already caught the attention of international investors, in an important phase of growth and affirmation in the HRtech market.”

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(Featured image by googlerankfaster via Pixabay)

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First published in Be Beez, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Anthony Donaghue writes about science and technology. Keeping abreast of the latest tech developments in various sectors, he has a keen interest on startups, especially inside and outside of Silicon Valley. From time to time, he also covers agritech and biotech, as well as consumer electronics, IT, AI, and fintech, among others. He has also written about IPOs, cannabis, and investing.

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