Meet the new Swiss unicorn: Nexthink raises €149.5M at €914M for it employee experience management platform

Funding Rounds

Summary

Switzerland-based Nexthink, a platform used by businesses to monitor software performance on their employees’ devices, has raised $180M (approx €149.5M) in its series D round of funding led by Permira. The company also reported a valuation of $1.1B (approx €914M). This transaction is scheduled to close in the first quarter of 2021. Speaking on the development, Pedro Bados, CEO and co-founder of Nexthink says, “The rise in remote working has dramatically accelerated the need for digital employee experience, as a big part of all the interactions that employees have with companies are now digital. We see a huge opportunity ahead of us to redefine the future way in which companies will provide digital workplaces to their workforce.”

$ Funding

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Amount $179.8M Total raised
Date February 8, 2021 Announcement date
Investors - Lead investors
Company http://www.nexthink.com Funded company

Classifications

industries
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applications
AI & Machine learning

AskAI Classifications

Labels
Digital Employee Experience Software AI-Powered IT Management Software as a Service (SaaS)

Linked Companies

Nexthink
$100M to $250M