Quinyx AB, a Stockholm-based workforce management software provider, announced a $50 million Series C funding round to expand its U. S. presence, fund acquisitions, and invest in the intelligence features of its core product.
The round was led by Battery Ventures L.P., with additional support from Alfven & Didrikson Invest AB and Zobito AB.
Company: Quinyx AB
Raised: $50.0M
Round: Series C
Funding Month: November 2021
Lead Investors: Battery Ventures L.P.
Additional Investors: Alfven & Didrikson Invest AB and Zobito AB
Company Website: https://www.quinyx.com/
Software Category: Workforce management software
About the Company: Quinyx is a leading workforce management software providing technology that simplifies scheduling, time reporting, communication, task management, budgeting, and forecasting. Through advanced and flexible features, Quinyx helps companies around the world remain compliant, improve efficiency, reduce costs of labor and engage employees. Today, Quinyx helps some of the world’s biggest businesses save time and money, boost productivity and enjoy work. Quinyx has offices in the U.S, U.K, Australia, Sweden, Finland, Germany, Norway, Denmark, and the Netherlands. Its software has also been implemented globally. Clients include McDonald’s, Domino’s, Oatly, Well Pharmacy, Maersk, Sysco, Virgin Atlantic, Palace Entertainment, IHG, Rituals, Swarovski, Odeon Cinemas Group, and DHL.
Source: https://www.quinyx.com/press/quinyx-raises-50-million-to-transform-the-way-businesses-manage-their-hourly-workforce https://siliconangle.com/2021/11/30/quinyx-raises-50m-investor-interest-intelligent-workforce-scheduling-grows/