Hungarian PortfoLion joins $13M round for deskbird, a workplace management company

deskbird, a Swiss software-as-a-service workplace management company, has announced the receiving fresh $13 million Series A round from ALSTIN Capital and AVP, with participation from existing investors, such as session.vc, Rivus Capital, and PortfoLion. It will help to expand into the European market.

• deskbird develops software for workplace management, providing a comprehensive solution for hybrid businesses. It helps to manage desk sharing, coordinate employees’ return to the office, optimize space requirements, and save costs on rent and energy. 5,000 offices worldwide use deskbird, including Schaeffler, Unicef, Vitra, Heineken, and Thyssenkrupp.
• The round was co-led by ALSTIN Capital, a German agnostic independent venture capital fund, and AVP (AXA Venture Partners), a global venture capital firm that invests in high-growth, technology-enabled companies. Existing investors, such as Swiss-based session.vc, Rivus Capital with offices in London, Munich, Berlin and PortfoLion, Hungarian all-stage venture capital and private equity firm.

“With the smart software solution from deskbird, the question “Who sits where in the office?” is no longer relevant. Hybrid workplaces can be organised quickly, making flexible working even easier. A great new-work start-up that allows both companies and their employees to benefit to the maximum,”

Carsten Maschmeyer from ALSTIN Capital, stated.

• With the fresh round deskbird aims to expand the market within Europe and other regions, including the USA. The company also intends to use the financing round to further develop its product.