HomeFundingSt. Gallen-based deskbird snaps €12 million to keep the workplace management flowing

St. Gallen-based deskbird snaps €12 million to keep the workplace management flowing

deskbird, a Swiss software-as-a-service (SaaS) workplace management company, raised €12 million from ALSTIN Capital and AVP (AXA Venture Partners) in its Series A funding round, with participation from existing investors, such as session.vc, Rivus Capital, and PortfoLion, making it the highest-funded SaaS startup in Europe for workplace management.

deskbird founders Ivan Cossu, CEO, and Jonas Hess, CPO, commented: “We are thrilled to have found these two new investors who want to join us on our journey and help us become the global market leader in our fast-growing category. We believe that in 10 years, deskbird will be to workplace management what Salesforce is to CRM.”

ALSTIN Capital and AVP want to support the Swiss startup in its quest to become the global leader in workplace management. This, according to its founders, is the next step after the successful €4.6 financing round in August 2022. The aim is to expand the market within Europe and other regions, including the USA. deskbird’s revenues have quadrupled in the last 12 months.

Founded in 2020, the company also intends to use the financing round to further develop its product. In addition to offering a comprehensive and people-centric workplace management suite, deskbird plans to introduce more AI-based features for users and administration. Decision-makers can use these new features to understand why employees come to the office, increase workplace satisfaction, and achieve savings through efficient space utilization. 

“With the smart software solution from deskbird, the question of ‘Who sits where in the office?’ is no longer relevant. Hybrid workplaces can be organised quickly, making flexible working even easier. A great new-work start-up that allows both companies and their employees to benefit to the maximum,” said Carsten Maschmeyer from ALSTIN Capital.

“Today, the workplace management market is huge and will continue to grow in the coming years. Post-COVID, it becomes increasingly important to manage hybrid working solutions efficiently. deskbird is well-positioned to dominate the market with a strong focus on product and ambitious geographic expansion plans. We are delighted to work with the team and help achieve the management’s goals. Ivan and the team have done an amazing job so far, but this is just the beginning,” added François Robinet, Managing Partner at AVP.

Stefano De Marzo
Stefano De Marzo
Stefano De Marzo is the Head of News at EU-Startups. He has been extensively covering startups, venture capital and innovation ecosystems, including contributions to numerous publications such as Sifted, Entrepreneur and Forbes. Through his work as an editor and writer, he continues to shape the narrative surrounding the best stories of the tech world.

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