Please note: Fantoo is no longer trading
Employees receive messages from multiple sources during a day, Fantoo enables users of its platform to simplify this by only presenting them with important messages.
Fantoo raised £585,885 via SyndicateRoom in November 2017.
Fantoo is operating in the business communication and productivity market, offering a Software-as-a-Service (SaaS) platform.
Fantoo filters the important emails only, enabling the user to create a task from a message to clearly define the action needed. At this point, the user is able to outline how long the task is likely to take and when it is due. The result is that the user has a clearly defined list of tasks and their respective due dates. With their availability during the working week provided by the calendar function, the user can schedule appropriate time to complete these tasks. The team believes its product helps the user to feel in control of their day and the necessary actions needed to create the optimal business outcomes.
In addition to this process flow, Fantoo enables the user to focus upon their key contacts and the interactions that they commonly have with people, ensuring that users can find and action upon information more quickly.
The company believes that initially, revenue would be made on a user-by-user basis, but hopes to quickly move on to teams and corporate services for departments and business uses. The subscription would be based upon a per-user-per-month basis.
Fantoo was hand-picked by Michael Dell to become Dell’s First Global Start-up in residence. This resulted in a close working relationship with Microsoft, opening routes to market that Fantoo believes are game changing for an early-stage business.
The company has continued to attract some of the industry’s leading professionals, including Oracle. Together, they are helping to drive the go-to-market strategy of the company.
Where are they now?
Fantoo entered administration in March 2019.