August 29, 2022
ST.GALLEN, AUGUST 22, 2022 - deskbird, a Swiss-based tech company on its way to becoming Europe’s leading workplace management platform, announced the closing of a $5 million Pre-Series A financing round. The new funding brings deskbird’s total funding to $6.5 million since its foundation, making it the most funded European SaaS startup for workplace management.
Investors Fortyone and Rivus Capital as well as existing investor session.vc led the round, demonstrating a strong trust in deskbird’s management team and its ambition to become Europe’s leading workplace solution. 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 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.
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.
Deskbird offers a state-of-the-art user experience and integrations with MS Teams, Outlook, Google Calendar, Slack, and more, leading to an exceptionally high user adoption. The data generated on office space consumption and occupancy helps companies to optimise their office spendings. Deskbird can tailor its offering and comply with the complex IT security, legal, and data privacy requirements of enterprise customers, making it the solution of choice for modern companies with a flexible workplace.
“With deskbird, we are shaping the new way of working and helping companies to create better flexible workplaces. 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.”
Ivan Cossu, co-founder and CEO 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.”
Jonas Hess, co-founder and CPO of deskbird
“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.”
Philippe Bubb, Founding Partner of session.vc
“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.”
Marcel Walker, CEO at Fortyone
“We strongly believe in a hybrid working world. This allows companies not only to use workspace more efficiently, but also to create a modern working environment. It will only succeed with the ideal tech solution. In addition to deskbird's strong growth and the excellent team that Ivan and Jonas have built, we were particularly convinced by the strong product and the broader vision for an investment.“
Simon Math, Partner at Rivus Capital