Romania-based SaaS company providing leading workplace experience solutions, Yarooms, raised EUR 2 million in recent funding. The company announced the funding on October 27, 2022. GapMinder led the financing for the firm. It invested EUR 1.6 million in Yarooms. SeedBlink also participated in the financing.
Purpose of funding for Yarooms
With the recent proceeds from the latest funding round, Yarooms intends to pursue a new market opportunity.
Besides, the company has plans to accelerate growth and expand its operations.
What the Yarooms’ official has to say
Dragoș Badea, CEO and Co-founder of Yarooms, said, “To thrive in the modern world, workplaces must become more human-centric than ever. Strong collaboration culture, flexibility, and employee autonomy – it is Yarooms’ mission to help companies foster these values and bring freedom to their employees. We are agile and understand our industry very well – that’s what allowed us to innovate and create solutions that help our clients create cutting-edge employee experiences even in the hardest times, such as the Covid pandemic. As we pursue newly identified market opportunities, we are looking to accelerate growth by expanding the team and its know-how.”
What the investors have to say
Cosmin Ochișor, the partner at GapMinder, further added, “We are confident that hybrid work is the new normal regarding the way of using the office as both employers and employees realized the advantages of this new way of working together. Yarooms is well positioned in this new market with a well-designed product, doubled by a first-mover advantage, and a fantastic team with high execution capabilities. We are happy to support YAROOMS in bringing their new direction to life and shaping the future of modern workplaces around the world.”
In addition, Andrei Dudoiu, Managing Partner at SeedBlink, said, “We are excited to welcome Yarooms as part of our portfolio of funded companies and to share this opportunity with our community of European investors! Looking at Yarooms’ results, the founding team demonstrated it’s both resilient and ambitious, and their solution has proven to deliver great results for a so-far bootstrapped company.”
About the company
Dragos Badea and Emil Muhtu și Marcel Preda launched the company in 2010. The Romania-based Yarooms is a tech company offering powerful, easy-to-use workplace management software. It provides solutions such as desk booking, meeting room booking, hybrid work planning, digital signage and visitor management.
The company boasts clients across more than countries, some of the most important markets being the USA, Canada, Italy, UK.
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