deskbird obtains financing of $13 million

13 September 2023 09:55


St.Gallen - deskbird has secured $13 million in its Series A funding round. The software-as-a-service workplace management company plans to use this investment to expand in Europe and other markets, including the U.S., with the goal of becoming the global market leader.

deskbird has found two new investors which, according to a press release, will support the young company from the St.GallenBodenseeArea in its ambition to become the market leader: Munich-based venture capital fund Alstin Capital and global venture capital firm AXA Venture Partners. Together with existing investors, they have provided the software-as-a-service workplace management company with $13 million of additional capital in a Series A funding round.

According to deskbird, this is the next step following a successful financing round in August 2022, when the start-up secured $5 million to add to its initial capital of $1.5 million. The company now aims to expand its market in Europe and other regions, including the U.S. deskbird’s revenues have quadrupled over the past 12 months. “We believe that in 10 years, deskbird will be to workplace management what Salesforce is to CRM,” say deskbird’s founders, CEO Ivan Cossu and CPO Jonas Hess.

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


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