Workplace technology startup Beekeeper bags $50 million in Series C funding
Beekeeper, which has developed a mobile first platform for deskless employees, has raised $50 million in Series C funding.
This brings the company’s total funding to date to more than $100 million.
New investors like EGS Beteiligungen and Kreos Capital joined the round alongside existing backers Energize, Thayer, SwissCanto, Keen Ventures, Alpana Ventures, Edenred Capital and Verve Capital.
Beekeeper plans to use the cash to grow and invest in product development.
“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,” says Dr. Cristian Grossmann, Co-founder and CEO, Beekeeper.
“This round of investment validates our mission to tackle this disconnect and overcome the crippling status quo it creates. Our mobile first, frontline success system connects workers to the people, processes and information they need to be productive, engaged, and safe at work. This new way of working gives our customers an unmatched competitive advantage during challenging times.”
“Our investment in Beekeeper comes at a critical time for the frontline workforce,” says Sean Dunne, General Partner at Kreos Capital.
“As more industries from manufacturing through to hospitality continue to grow in a challenging global economy, businesses have to keep innovating. Beekeeper is the best in class, mobile first platform, designed to address frontline business challenges.”
“More than 80% of the global workforce are deskless workers, and as digitisation scales and transforms nearly every sector of the economy, there is increasing demand to connect and enable frontline workers with new technologies,” comments Juan Muldoon, partner at Energize Ventures.
“We believe Beekeeper has set the benchmark for frontline success in industries that are instrumental to the buildout of a sustainable economy – from manufacturing and construction to transportation and logistics.”
“We are excited to continue partnering with Beekeeper as they unlock greater efficiency and connectivity among frontline businesses.”
Beekeeper says that thousands of frontline business locations are now using its platform in more than 150 countries, from hospitality and retail to manufacturing and construction.
"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,” says Bob Napierala, VP of Human Resources, Resort World Las Vegas.
“And we wanted to weave it into our resort’s operations from their first day on the job. Working with Beekeeper helped us scale quickly and offered a level of security that we needed with so many workers sharing information on their personal devices.”
“When the resort opened its doors, more than 5,000 team members were already up and running on the app and ready to welcome guests. In a fast paced industry where every second counts, giving staff an easy to use, mobile first solution that facilitates real-time, enterprise wide collaboration is a game changer.”
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