Resource Guru raises $870 thousand in seed funding

Index Ventures has led a $870,000 seed round into Resource Guru, a London-based startup that wants to disrupt companies’ use of spreadsheets to manage staff, equipment and other resources, and replace them with its cloud-based team scheduling software. Prior to this round Resource Guru, which was founded back in May 2011, had raised money from friends, family and angel investors. 

London-based startup Resource Guru has bagged $870,000 in funding to replace spreadsheet-based staff management systems with a cloud-based team scheduling app. The seed round was led by Index Ventures. Index Ventures partner Robin Klein said in a statement: “Most managers still rely on complicated spreadsheets or cumbersome software to manage their teams and resources, neither of which makes allocating resources particularly easy and efficient. We’ve been impressed how Resource Guru tackled this problem with its simple to use online tool that leads to huge time savings and increased productivity.”