Fleep secured 800,000€ in further seed funding

blog-fundingTallinn June 9th: We’re gearing up for the next phase of our mission to replace email by adjusting our business model and announcing a further €800,000 in seed funding from Estonian and UK angels bringing its total investment to €1.9M. The extended seed round is led by current investors Jaan Tallinn, co-founder of Skype, and Rockspring, a technology investment firm based in Cambridge, UK and headed by David Gammon.

Jaan Tallinn said “I’m very happy to continue to support Fleep because I really believe that email is an outdated mode of communication and Fleep is the best messaging solution I have seen out there. I know the quality of the top people from our Skype days and am looking forward to Fleep making the same kind of impact in the messaging market as Skype did in voice and video.

David Gammon of Rockspring said “Fleep combines the best of email with messaging in an open architecture and then makes it work seamlessly. As a result, Fleep has become an indispensable daily tool for me. Rockspring is very pleased to be backing this wonderfully talented team.

Fleep has now grown to over 25,000 users and launched Fleep ID, an alternative to an email address in April.

Our CEO, Henn Ruukel, sums it up “With continued support from funders and major new upgrades coming we are feeling extremely confident about the future. Email is a protocol from the 1970s and we are gradually building the tools to make it obsolete.

Fleep conversation history is now free, forever!

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Hey,

I have some great news to share with you regarding Fleep subscriptions and pricing – starting from today all Fleep Free subscription users will have unlimited access to all their messages and files, for free, forever :)

Why we are doing this?

After the launch of Fleep ID we got lots of feedback that limited access to chat history was a barrier to people making the change and fully embracing #LifeAfterEmail. You asked for certainty that all your messages and files will always be available in Fleep. You told us that otherwise it can only be used for short-term conversations, which decreases our value to you. We heard you and decided to make the change. In addition to that we’re also increasing everybody’s free storage limit to 5GB!

What about Premium?

When we developed our Free and Premium subscriptions we optimized Premium for business users who use Fleep with their teams every day, not only within their team but also when working across organizational borders with customers and partners.

As well as the upcoming Team Management feature there are other exciting features for business use that we will be ready to launch later this summer. We will add these features into the paid-for service soon. To be fair to current Premium users we have decided to decrease Premium subscription pricing to 1 EUR per month until we launch the additional business features. Premium users will still be able to take advantage of premium support and will now benefit from an increased storage capacity of 50GB!

We have put a lot of thought onto this change and we truly think this is a right and fair step towards replacing your email conversations, I hope you like it, keep using Fleep and keep spreading the word about it :)

Yours,

henn.
Co-Founder & CEO of Fleep