Staffbase, a Chemnitz, Germany-based leading provider of employee communications management solutions, announced a $115 million in Series E financing at $1.1 billion valuations.
The round was led by General Atlantic, a leading global growth equity firm. Existing investor Insight Partners also participated in the round.
Staffbase will leverage the new funds to help scale internationally and strengthen its global leadership in the internal communications space.
With the new funds, the company plans to further invest in expanding its platform, working to complete its full integration of all solutions with Microsoft 365®, as well as further accelerating growth at a time of increased market demand for employee communications solutions.
Company: Staffbase GmbH
Raised: $115.0M
Round: Series E
Funding Month: March 2022
Lead Investors: General Atlantic
Additional Investors: Insight Partners
Company Website: https://staffbase.com/
Software Category: Employee Communications Management Solutions
About the Company: Staffbase is a high-growth, deeply experienced provider of employee communications management solutions for enterprise companies. The mobile compatibility of the company’s platform allows employers to securely reach their employees everywhere with reduced complexity — whether in the office, at home, on the factory floor, or the road. Staffbase provides enterprise customers with a comprehensive employee communications platform that enables them to connect with their employees seamlessly. Staffbase solutions are currently improving employee communications for over 2,000 enterprises worldwide, impacting the work experiences of over 13 million employees. With headquarters in Chemnitz, Germany, and offices in Amsterdam, Berlin, Calgary, Cologne, Dresden, Helsinki, Kelowna, London, Melbourne, Montreal, Munich, New York City, and Vancouver. Staffbase currently has nearly 600 employees across 14 global offices.
Source: https://www.businesswire.com/news/home/20220315005350/en/Staffbase-Raises-115M-at-1.1B-Valuation-to-Achieve-Global-Leadership-in-Employee-Communications-Management