17.09.2019
Press Release

Beekeeper Raises $45M in Series B Funding Round

Beekeeper, creator of the first operational communications platform for non-desk workforces, announced the closing of a $45 million Series B financing. The round was co-led by Thayer Ventures and Swisscanto Invest by Zürcher Kantonalbank, with participation from prior investors including Swisscom.

The funding comes as Beekeeper accelerates the adoption of its platform, designed for organizations with more than 50% of its workforce who are not otherwise connected on email or company devices – including Hyatt Hotels, Dollar General, Domino’s Pizza and SeaBoard Foods. Client companies on the platform have realized significant savings and efficiencies on labor within months of activation.

About the Platform
With more than 1.7 billion non-desk workers globally unconnected or poorly connected by a patchwork of consumer and enterprise applications, Beekeeper’s solution integrates multiple channels in one secure hub that is accessible by employers and employees from both desktop and mobile devices. The result: A more productive and efficient workforce.

Beekeeper’s Co-Founder and CEO, Dr. Cristian Grossmann, said, “Given the pace of workplace digitization and the unique demands of frontline workers, businesses have struggled to find a mobile-first platform built specifically to meet the complexities of a non-desk workforce. Consumer apps are not the answer, and knowledge-worker apps such as those offered by Slack and Microsoft don’t cover the needs of frontline workers. Beekeeper provides a purpose-built one-stop platform to help organizations streamline business processes and collaboration with their frontline employees across shifts, locations, and languages. We are grateful to Thayer Ventures, Swisscanto Invest and our other investors for fueling Beekeeper’s continued exponential growth – to benefit operational efficiencies, employees, and companies across the globe.”

Seizing the Global Market Opportunity
Beekeeper has experienced tremendous growth in the last year in many verticals including hospitality, manufacturing, and retail. The company plans to use the new funding to further expand its platform to bridge the gap between knowledge workers and their non-desk counterparts, and further expand its offering with new features and integrations.

As more than 80% of the world’s workers are non-desk employees, Beekeeper is eyeing a huge market opportunity for its solutions. As a part of Beekeeper’s roadmap, companies will be able to customize their experience through the rapidly growing Marketplace with additional apps and integrations with systems like Workday.

Get more insights on the Beekeeper Funding round on their blog