Infraspeak, a Porto, Portugal-based all-in-one facilities management platform provider, has raised €18 million ($19.5M) in Series B funding, bringing its total funding to approximately $39.5 million.
Investors
The round was led by Endeit Capital, with participation from Bright Pixel Capital, Caixa Capital, Innovation Nest, and Indico Capital Partners.
Founded in 2006, Endeit Capital is a venture capital firm based in Amsterdam, Netherlands, specializing in early- and late-stage investments in Europe. The firm’s focus spans B2B, mobile, e-commerce, sales technology, supply chain, climate tech, fintech, AI, big data, cloud technology, and IoT.
Infraspeak Use of Funds
The new investment will support Infraspeak’s expansion, including an increase in its workforce by 100 employees by 2025 and further development of its operations in Europe, South America, and Africa.
About Infraspeak
Founded in 2015, Infraspeak is a global SaaS company specializing in facilities management solutions. Headquartered in Porto, the company offers a comprehensive digital platform that helps facility managers and service providers efficiently manage operations across diverse buildings, including offices, shopping malls, hospitals, and airports. Infraspeak counts major clients like KFC, InterContinental, and Primark among its customer base.
Funding Details
Company: Infraspeak, SA
Raised: $19.5M
Round: Series B
Funding Date: October 2024
Lead Investor: Endeit Capital
Additional Investors: Bright Pixel Capital, Caixa Capital, Innovation Nest, Indico Capital Partners
Company Website: https://infraspeak.com/
Software Category: Facilities Management
Source: https://techcrunch.com/2024/10/29/infraspeak-raises-19-5m-to-bring-collaboration-to-facilities-management/