SaaS startup deskbird is on its way to becoming Europe’s leading workplace management platform. The closing of a $5 million Pre-Series A financing round brings the startup’s total funding to $6.5 million since its foundation. The funds will be used to accelerate growth across Europe.
With its unique approach to workplace management, deskbird offers the first workplace software built around users and not buildings. This results in an unrivaled, mobile-first user experience and a product that helps both avoid workplace chaos and improve in-person collaboration in the office. Employees can do more than just book resources in the office, as they can see who is in the office at a glance and easily schedule in-person meetings accordingly.
The focus on enhanced user experience and integrations with MS Teams, Outlook, Google Calendar, Slack, and more enable high user adoption. The hereby generated data on office space consumption and occupancy helps companies optimize their office spending. The St Gallen-based startup can tailor its offering and comply with the complex IT security, legal, and data privacy requirements of enterprise customers.
In just two years, the startup has become a popular solution for designing new work environments. Its workplace app today helps to manage over 500 offices across 20 countries, from customers such as Schaeffler, Heineken, KFC, Knauf, Volksbank, and more.
Investors Fortyone and Rivus Capital as well as existing investor session.vc led the round. The investment follows deskbird’s outstanding performance since inception, achieving a total contract volume (TCV) of $2m just one year after product launch (+50% monthly growth).
The capital will turbocharge deskbird's growth across European markets and allow the startup to expand its product offering to meet the additional needs of its enterprise and mid-market customers. Deskbird also plans to double its team to over 100 people by the end of next year.
Philippe Bubb, Founding Partner of session.vc: “Spend five minutes with deskbird co-founders Ivan and Jonas and it’s impossible to walk away unmoved by the challenges companies face in managing an increasingly hybrid work model. Deskbird addresses these challenges, offering a modern, data-driven and people-centric workplace management platform. At session.vc, we have rarely seen a B2B SaaS company generating this much market traction in just one year, which is why we are thrilled to continue our support of the team.”
Marcel Walker, CEO at Fortyone: “Team, timing and traction are right. We are looking forward to joining the journey and are convinced that, in addition to the financial capital provided, our know-how will contribute to deskbird’s rapid growth and the achievement of its ambitious targets.”
(Press release/RAN)
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