Employee engagement firm Staffbase becomes Germanys latest unicorn; secures €106M in Series E round

Funding Rounds

Summary

Chemnitz, Germany-based employee engagement firm, Staffbase, announced on Tuesday that it has raised $115M (approx €106M) in Series E round of funding led by General Atlantic. Existing investors, including Insight Partners, also participated in the round. The Series E round brings Staffbase’s valuation to $1.1B, thereby earning the status of a ‘unicorn’. The funding announcement comes after the company’s $145M (approx €122M) Series D led by General Atlantic in March, 2021.

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Classifications

industries
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applications
Web and Content Management

AskAI Classifications

Labels
Internal Communication Software Enterprise Communication Software Employee Communication Platform

Linked Companies

Staffbase
$100M to $250M