Beekeeper raises further capital of US$50 million

Beekeeper has successfully concluded a Series C funding round. The Zurich company, which was founded in 2012, has secured a further US$50 million. Alongside existing investors Energize, Thayer, Swisscanto, Keen Ventures, Alpana Ventures, Verve Capital and Edenred Capital, new investors included EGS Beteiligungen and Kreos Capital. This brings the total investment raised by Beekeeper to date to more than US$100 million.

Beekeeper is the provider of a mobile software-as-a-service platform for operational processes and internal communications with their deskless frontline workforce, for example, in production, construction, healthcare or hospitality. Although more than 80% of the global workforce doesn’t sit at a desk to do their jobs, they have been massively underserved when it comes to digitalization and technology for these workplaces. According to Beekeeper’s CEO Cristian Grossmann in a press release, this results in greater staff absence and resignations. “The success of this round of investment validates our mission to tackle this technology disconnect and overcome the crippling status quo it creates between employers and their frontline employees."

Sean Dunne from new investor Kreos Capital rates Beekeeper as “the best in class, mobile-first platform, designed specifically to address frontline business challenges”. The company is currently helping more than 1,000 businesses worldwide bridge this technology gap via the Beekeeper platform.

Alongside the successful funding round, Beekeeper also announced it has added new capabilities to its platform: an automated employee onboarding process, an employee referral solution for recruitment and a mobile-first safety management solution.