Dublin-based building-tech company IFS raises €2m
Summary
The multimillion-euro investment will aid Integrated Facilities Solutions’ expansion plans into new markets in Europe and the US. Integrated Facilities Solutions (IFS), which provides digital applications for building construction and management teams, has raised €2m in funding. The Dublin-based company received the funding through the Davy EIIS Fund, an employment and investment incentive scheme managed by BDO on behalf of investors. IFS will use the funds to support its growth and expansion into targeted markets in Europe and the US. The expansion will also create 100 new jobs across Ireland, Europe and the US by 2024.
Funding
Amount
$2.4M
Total raised
Date
April 30, 2021
Announcement date
Investors
IFS
Lead investors
Company
http://www.ifacsolutions.com
Funded company
Classifications
industries
Hospitality
applications
Facilities Management
AskAI Classifications
Labels
Enterprise Software
Enterprise Resource Planning (ERP)
Enterprise Asset Management (EAM)
Linked Companies
IFS
$250M to $500M
Integrated Facilities Solutions
$10M to $25M