Office App accelerates growth and data offering with Series A funding of €4.3m
Europe’s largest experience platform for tenants & employees in offices is now looking to further strengthen their position in Europe and expand into North America.
Amsterdam, June 3rd 2019: Office App, the world’s most advanced tenant and employee experience platform, has announced a €4.3m Series A funding round. The round was led by German VC Join Capital and Austria-based SIGNA Innovations, the Venture Capital Unit, along with UK-based specialist Proptech VC Pi Labs.
Founded in 2015, Office App is revolutionising the way office environments are utilised, improved, experienced and built, based on end-user data and insights. With a broad ecosystem of integrated product partners, Office App is able to offer more than 65 modular functionalities in facilities, community, amenities and services. Giving landlords and corporates a flexible and scalable platform to successfully engage with their tenants and employees.
Office App offers the largest suite of functionalities and services available, ranging from room booking, intra-organisation community, access control, maintenance requests, on-demand catering, to local amenities. By combining all tenant focused services under one roof, Office App is aiming to improve and provide the best employee experience, whilst allowing landlords and office managers to access end-user data and insights to constantly improve the office environment.
The company has offices in Amsterdam and London and is already deployed and running with customers in 10 different countries in Europe. With a core focus on user experience and data, the platform has already attracted clients such as Cromwell, Dell, HPE, LaSalle, BNP Paribas, Nuveen, Coima and UBS.
Office App will be using this funding to expand its data and analytics offering, cement its position in Europe as well as expanding its teams in Amsterdam, London and North America.
Thijs van der Burgt, CEO and founder of Office App, commented: ‘We’re at an incredibly exciting juncture in our business. Having on-boarded some exceptional clients over the past 12 months, the team is ready to accelerate the growth of our business, scaling our European operations and entering the North American market for the first time. An office should be so much more than a mere desk. It should be a place that inspires you and provides a Happy Office.
‘We’re delighted to bring such experienced investors onboard, with the wealth of experience offered by Signa and Join Capital and specialists such as Pi Labs providing deep market insight - we feel we have the team behind us to accelerate our growth.’
Jan Borgstädt, the Managing Partner of JOIN, commented: ‘Office App has created a truly impressive offering at just the right time, with real value creation for landlords and a dramatically enhanced office experience for tenants. The company has already proven its market value with an impressive MRR growth, and this makes us extremely proud to take part in supporting the team in their expansion throughout Europe and beyond. We’re thrilled that all of this is in line with our core activities in the industrial, enterprise and proptech spaces.’
Jürgen Fenk, Member of the Group Executive Board at SIGNA Group, commented: ‘Being part of the Office App growth gives Signa a head start in starting to really think from a data driven end-user perspective. It is very exciting to join a company that has grown internationally so quickly, by looking at the world of real estate from a very different perspective.
We believe in this focus, the team and the traction that Office App have shown, and are looking forward to helping to accelerate their growth. ‘
For a photo of the Office App team, please click here.
About Office App
Office App is the world’s most advanced tenant & employee experience platform. The platform brings together all the functionalities & services wanted in an office environment with a pure focus on end-user ease of use, bringing high adoption and resulting data insights on usage & experience. Currently deployed in 10 countries around Europe with customer like LaSalle, UBS, BNP Paribas, Nuveen, HPE and Dell.
About Join Capital
JOIN Capital is a Berlin-based, early-stage VC firm investing in the European Neue Industry. With a combined experience of more than 50 years among the partners, JOIN focuses primarily on industrial and enterprise startups that are laying new foundations for our increasingly automated and connected world. JOIN’s extensive network and expertise make it a unique VC for the European industrial landscape and the rise of smart factories and buildings.
Founded in 1999 by entrepreneur René Benko, the SIGNA Group is a privately held industrial holding company in the real estate and retail sectors. With real estate assets of over EUR 14 billion and an additional development volume of around EUR 8 billion, the company is one of the most important real estate investors in Europe. With approx. 45,000 employees and over EUR 7 billion in sales - of which approx. EUR 750 million are generated online alone - it operates well-known trading companies.
The SIGNA Real Estate Group is one of the largest real estate investors in well-known European cities such as Berlin, Hamburg, Munich and Vienna. It owns numerous landmark buildings in top locations such as the KaDeWe and the UPPER WEST Tower in Berlin, the Golden Quarter with the Park Hyatt Hotel in Vienna, the Alte Akademie in Munich or the Alsterhaus and Alsterarkaden in Hamburg.
The SIGNA Retail Group combines the five independent retail platforms SIGNA Premium, SIGNA Department Store Group, SIGNA Home & Lifestyle, SIGNA Food & Restaurants and SIGNA Sports United, the leading continental European sports e-commerce platform, under one roof.
Each individual division contributes significantly to the strong European growth of the SIGNA Retail Group in recent years. With around 320 locations in the best inner-city locations and over 100 web shops in around 20 countries, SIGNA Retail is one of the leading retail platforms in Europe.
About Pi Labs
Pi Labs is Europe’s first VC firm to focus exclusively on proptech investments. It has established itself as a pre-eminent global leader in the early stage domain in this vertical. To date, it has made 44 investments including Airsorted, Land Insight and Plentific. Pi Labs is global in its focus - it has backed founders from 25 different nationalities. To date, its portfolio companies have raised over $140m.