Infraspeak funding news – Porto-based Infraspeak Secures €18 Million in Series B Round Funding
Oct 29, 2024 | By Kailee Rainse
Infraspeak, a smart platform for managing facilities, has secured €18 million in Series B funding led by Endeit Capital. Other investors, including Bright Pixel Capital, Caixa Capital, Innovation Nest, and Indico Capital Partners, also took part.
SUMMARY
- Infraspeak, a smart platform for managing facilities, has secured €18 million in Series B funding led by Endeit Capital.
- Infraspeak links teams, buildings, software, and equipment, giving you the tools and automation needed to simplify tasks, use resources better, and improve efficiency in your operations.
Currently, it serves over 60,000 users and manages more than 240,000 buildings around the world. This funding is a big step toward becoming the leading platform for collaborative facilities management.
Think of managing a building like running a well-organized orchestra, where everyone—from the building owner to service providers—stays connected and works smoothly together. This helps avoid common problems like missed maintenance tasks and poor communication.
That’s exactly what Infraspeak is doing for facility management: building a smart platform that makes teamwork easy. It turns complicated maintenance tasks into a smooth process where everyone knows their role and works together effectively.
RECOMMENDED FOR YOU
[Funding alert] Paris-based Qevlar AI Secures €4.5 Million in Seed Funding
Team SR
Nov 16, 2023
Felipe Ávila da Costa, co-founder & CEO ofInfraspeak said, "At Infraspeak, we always look at funding rounds as new stepstones to accelerate our growth, We believe that with the new resources available and the expertise of Endeit Capital by our side, we can further revolutionise the facility management industry by allowing everyone involved in the operation of a building to work as one, from the building visitors to the maintenance team, from the audits and compliance team to financial managers, from facility managers to all kinds of service providers, ultimately improving the lives of those using, managing, and maintaining buildings.”
This investment will help Infraspeak grow and strengthen its position as a leader in maintenance and facilities management software in Europe, Latin America, and Africa. They plan to expand into important new markets like France, the DACH region, and the Nordics.
Read also - Oriole Networks funding news – London-based Oriole Networks Secures an Additional €20.2 Million Funding
Funding utilisation
The funding will also support Infraspeak’s IFM (Inside Facilities Management) Community, which has over 1,000 members. This community serves as a global hub for facilities management content and experiences. They aim to provide networking and knowledge-sharing opportunities with events like the IFM Tour returning in 2025 for seven events across Europe, South America, and Africa.
Martijn Hamann, General Partner at growth capital Endeit Capital said, “We are proud to lead this round and support Infraspeak as they redefine the facilities management industry, particularly in the context of the ‘future of work,’ which focuses on digital transformation and enhanced productivity of modern Work, Workforce and Workplaces, Infraspeak has developed a platform solution that goes beyond traditional facilities management by connecting every key player involved in the operation of a building, from facility managers,frontline maintenance teams,to service providers. We see tremendous potential in Infraspeak’s ability to revolutionise and digitalise how facilities are maintained. This aligns with our focus on fostering innovation and digital transformation in industries with critical infrastructure needs.”
About Infraspeak
Infraspeak links teams, buildings, software, and equipment, giving you the tools and automation needed to simplify tasks, use resources better, and improve efficiency in your operations.