Infraspeak Raises a Total of €17.5m in Series A Funding

The round comes eighteen months after a 10 million funding round and also includes current investors Caixa Capital and 500 Global.Felipe \xc1vila da Costa, Co-Founder and CEO of Infraspeak said: Were witnessing steady growth across our company and have successfully reinforced our position as category winners. We want to propel our company forward, focusing on three key objectives that will form the foundation of our success: scaling rapidly and efficiently, establishing ourselves as the global category winners with customer-centric product and services, and nurturing a world-class team that embodies excellence everyday.Infraspeak specialises in centralised platforms for any size of facilities management business, offering more than 20 million automations, saving the average facilities manager up to 7 hours a week in admin work. The company works with over 750 businesses globally, including Siemens, Primark, Foster + Partners, Strata, Penguin FM, Sandvik, and Marriott and Wyndham Hotels. They help manage over 180,000 buildings in healthcare, education, transportation, hospitality and many other sectors.Headquartered in Oporto, Portugal, and with operations in the UK, Spain, France, Brazil, Argentina, Angola and South Africa, Infraspeaks current team stands at 164 employees worldwide.Leonor de LHermite, Operating Partner at Bright Pixel said: From the very beginning, Infraspeak has shown an ability to capitalise on opportunities within a market brimming with immense potential. We are excited to support such a strong player in the IMMP space, namely through an ambitious international growth plan backed by a committed and experienced team.Picture: a photograph of Infraspeak founders Lu\xeds Martins (left) and Felipe \xc1vila da Costa (right) Image Credit: Infraspeak