
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).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater