Deskbird, the Swiss-based tech company that has launched a workplace management platform, has closed a $5 mln (€5 mln) pre-series A financing round.
The new funding brings deskbird’s total funding to $6.5 mln since its foundation, making it the one of the highest-funded European SaaS startups in the workplace management space.
Investors Fortyone and Rivus Capital as well as existing investor session.vc led the round. The investment follows deskbird achieving a total contract volume (TCV) of $2 mln just one year after product launch, registering +50% monthly growth.
Said Ivan Cossu, co-founder and CEO of deskbird: 'We are excited to have our existing investor session.vc further backing us in the current round and new, experienced investors Fortyone and Rivus Capital joining our journey.
'With the additional capital, we will not only boost our growth to become Europe’s category-leading workplace solution, but also expand our platform around the workplace needs of our target customers.'
The capital is expected to turbocharge deskbird's growth across European markets and allow the startup to expand its product offering to meet additional needs of their enterprise and mid-market customers.
With its workplace app, deskbird already helps to manage over 500 offices across 20 countries, from customers such as Schaeffler, Heineken, KFC, Knauf, Volksbank, and more. Deskbird plans to at least double their team to over 100 people until the end of next year.
Added Jonas Hess, co-founder and chief product officer of deskbird: 'We are grateful for the exceptionally close collaboration with our clients, which allowed us to build a B2B product that is loved by both employees and managers.
'Thanks to this financing round, we will further push user engagement, functionality and integrations in existing workflows. As we are growing to over 100 people in the near future, one big challenge will be to find the very best talent in line with our culture.'
Said 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.'
