Switzerland-based provider of a workplace management platform, Deskbird, raised EUR 5 million. The Pre-Series A round took place on August 29, 2022. Fortyone and Rivus Capital led the financing for the firm. Meanwhile, existing investor session.vc participated in the funding.

Since its inception, the total amount raised by the firm stands at EUR 6.5 million.

Purpose of funding by Deskbird

With the latest capital, the company intends to expand its business reach across Europe. 

Further, Deskbird seeks to enhance its product offering to meet the additional needs of its enterprise and mid-market customers and its workforce.

What the founders have to say

Ivan Cossu, co-founder and CEO of deskbird, said, “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.”

In addition, Jonas Hess, co-founder and CPO of deskbird, said, “We are grateful for the exceptionally close collaboration with our clients. It 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.”

What the investors have to say

Philippe Bubb, Founding Partner of session.vc, said, “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.”

Marcel Walker, CEO at Fortyone, commented, “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.”

Simon Math, Partner at Rivus Capital, further added, “We strongly believe in a hybrid working world. This allows companies not only to use the 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 investment.”

About the company

Dominik Ehrsam, Ivan Cossu, and Jonas Hess brought the company into existence in 2020. Deskbird provides a workplace management app for hybrid companies. The solution integrates MS Teams, Outlook, Google Calendar, and Slack. Moreover, it customises its offering and complies with enterprise customers’ complex IT security, legal, and data privacy requirements. 

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Jasleen Bhatia works as a content writer for VCBay News. She is pursuing her final semester in Bachelor of Business Administration from IIPS, DAVV. Driven by her keen interest in entrepreneurship and finance, she writes business-related articles.

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