deskbird, a St. Gallen, Switzerland-based Software-as-a-service (SaaS) workplace management company, secured $13 million in Series A funding
The round was led by ALSTIN Capital and AVP (AXA Venture Partners), with participation from existing investors session.vc, Rivus Capital, and PortfoLion.
ALSTIN Capital is an independent venture capital fund based in Munich. The investment focus is on fast-growing technology companies from all over Europe with the potential to become market leaders. It invests not only in convincing technology but, above all, in the entrepreneurs behind the technology.
AVP (AXA Venture Partners) is a global venture capital firm investing in high-growth, technology-enabled companies with €1.3bn of assets under management through four pillars of investment expertise: early stage, growth stage, late growth stage, and fund of funds. Since its launch in 2016, AVP has deployed capital across 60 technology companies in the venture and Growth stages in the US and Europe.
deskbird Use of Funds
The funding will be allocated to support the company's growth and expansion plans. deskbird aims to expand its market presence across Europe and other regions, including the USA. The company also intends to use the financing round to further develop its product.
deskbird is a SaaS startup that offers a comprehensive workplace management suite and intends to develop more AI-based features to enhance workplace experiences and space utilization efficiency. With its fast and intuitive user experience, anyone can see who is in the office and when, plan their week and book a desk in just two clicks. Over 5,000 offices are already using deskbird globally, and customers like Schaeffler, Unicef, Vitra, Heineken, and Thyssenkrupp trust deskbird to manage desk sharing, coordinate employees' return to the office, optimize space requirements, and save costs on rent and energy.
Company: deskbird Aktiengesellschaft (AG)
Round: Series A
Funding Month: September 2023
Lead Investors: ALSTIN Capital and AVP
Additional Investors: session.vc, Rivus Capital, and PortfoLion
Company Website: https://www.deskbird.com/
Software Category: Workplace Management Software