Keen Ventures leads $8m series-A for Beekeeper
Tech-focused VC firm Keen Venture Partners has led a consortium of investors to provide $8m in series-A funding for communication software developer Beekeeper, based in Zurich and San Francisco.
Also contributing to the round were Fyrfly Venture Partners, Polytech Ecosystem Ventures and b-to-v Partners. Keen Venture general partner Robert Verwaayen will join the board of directors as part of the transaction.
The new funding will be used to support market expansion in the US and EMEA, hoping to reach two billion non-desk workers. The software is already in use in 137 countries and the company reported 500% growth in its user base last year, Beekeeper said in a statement.
Previous funding
In April 2016, Fyrfly, Polytech and b-to-v combined to provide Beekeeper with €4.4m in seed funding.
Company
Beekeper was founded in Zurich in 2012 as a spinout from a student community platform at university ETH Zurich. The concept is a platform that can be used for communication and workflow management for employees who are not desk-bound. The company now employs more than 50 people in Zurich and San Francisco, and will look to expand to the UK and Germany in the future.
People
Keen Venture Partners – Robert Verwaayen (general partner).
Beekeeper – Cristian Grossman (CEO).
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