202209 Nov

Zurich-based SaaS startup Beekeeper lands €50 million to better serve frontline workers

Summary

• None €50 million new capital raised in Series C funding • None New investors such as EGSB and Kreos Capital have joined • None The startup has now reached a total funding of more than €100 million, more than doubling revenues since the start of the pandemic Dr. Cristian Grossmann, co-founder and CEO, Beekeeper: “The disconnect between employers and their frontline employees is at an all-time high, causing staff shortages and burnout that comes at a hefty economic price. This new way of working gives our customers an unmatched competitive advantage during challenging times.” Sean Dunne, General Partner at Kreos Capital: “Our investment in Beekeeper comes at a critical time for the frontline workforce. The startup has been one of the leaders in the HR SaaS space, helping teams stay better contented and engaged, seeing early on the benefits of this, and enjoying the pandemic-influenced shift towards better company cultures. The disconnect between employers and the frontline is too great to ignore, and the level of support we’ve received from investors, customers and partners to revolutionize the employee experience for deskless workers underscores how critical our mission has become and highlights that the demand for frontline-focused technology is higher than it’s ever been.” Since 2020, Beekeeper has seen exceptional growth with thousands of frontline business locations now using the Beekeeper platform in more than 150 countries, which continues to drive investor attention. Bob Napierala, VP of Human Resources, Resort World Las Vegas: “When we opened in the middle of the pandemic, we needed a modern, innovative way for team members to collaborate and work together to provide our guests a world-class experience.

Source: Eu-startups

Funding

$50M
Amount
Nov 09 2022
Date
-
Investor
Beekeeper
Company

Classifications

Companies