Congratulations to True Office, a Geek Offices member in Newton for raising $3 million in Series A funding!
True Office, based in New York City and Newton, gamifies regulatory and compliance training. Backers included Rho Ventures, the Partnership for New York City Fund and Contour Ventures Partners.
In a press release by Rho Ventures, True Office Founder and CEO, Adam Sodowick said, “With fines now exceeding the billion dollar mark for compliance oversights, financial institutions are looking to True Office to provide a solution that not only protects their business and reduces costs, but also exponentially raises the current industry standard for compliance training. There aren’t many effective options to help understand regulation and change behaviors but a well-designed game has the power to engage employees and at the same time, produce analytics that can help the banks identify and reduce operational and compliance risk.”
If you are looking for a flexible co-working space where you can work alongside some of the best venture capital funded startup companies in greater Boston check out our co-working Newton and co-working Cambridge locations! Geek Offices is a coworking space offering all the amenities of a professional office, with none of the overhead. We are located in Inman Square, Cambridge and on Chapel Street in North Newton. Technology workers looking for shared office space in Boston, Cambridge or Newton will find that Geek Offices provides some of the most affordable coworking space in Greater Boston. Compare Geek Offices to the prices and amenities of executive offices and other incubator spaces in Cambridge and Boston and you’ll be surprised by the value proposition we offer.