Infraspeak raises 10 million to
The Portuguese intelligent facility management platform plans to "significantly strengthen the team by the end of 2022" and expand to Germany, Austria, Switzerland (DACH) and France.
Infraspeak raised ten million euros to "consolidate its leadership in the European market", in a Series A investment round led by Indico Capital and Knight Capital, from the Netherlands, also counting with the participation of the current investors Innovation Nest and Caixa Capital. The intelligent facility management platform plans to "significantly strengthen the team by the end of 2022" and expand into Germany, Austria, Switzerland (DACH) and France.
"The future of facility management software is about flexibility, intelligence, and integration, to allow each team to adapt the software to its operations and enable the capacity to proactively transform the thousands of data collected each day into actions for both management and technical teams. This integration allows people, processes, sensors and software to communicate effectively with each other. Infraspeak is the only platform that consolidates all operational tools and workflows into a single solution, and this is just the beginning", explains Felipe Ávila da Costa, co-founder and CEO of Infraspeak, quoted in a press release.
Siemens, Mitsubishi Electric, Ale-hop, Engie, Penguin FM, IHG Hotels, Hilton Hotels and Keppel Data Centers are some of the 500 companies, managers and service providers that use Infraspeak's technology to manage 50,000 buildings in the hospitality, health, education and transportation industries, among many others, present in 17 countries, informs the startup.
The "digitalization of a sector that still depends on outdated solutions to operate was the opportunity that made us support Infraspeak from day one. The rapid adoption of digital solutions, post-pandemic, by the facilities management industry, coupled with a frankly unique product globally, gives us the security to continue supporting the company", explains Stephan Morais, president of Indico Capital, quoted in a press release.
"The facility management industry represents an extensive but under-exploited market for technology startups. Infraspeak, as the largest European innovator in the field, has succeeded in creating an operating system that allows the industry to act on its transformation goals and its sustainability goals (ESG) by digitizing the front line of work. We are very pleased to support the company and we believe in a future in which the facilities management ecosystem collaborates fully through Infraspeak", explains Arthur Nobel, director of Knight Capital, quoted in the same note.
With offices in Portugal, the United Kingdom, Brazil and Spain, Infraspeak has more than 100 employees worldwide. For this new phase, the priorities are "hiring top talent (the company plans to significantly strengthen the team by the end of 2022), increasing the platform and consolidating its presence in the European market, through this expansion into the DACH and French markets”.
