Infraspeak raises $19.5M to bring collaboration to facilities management
Infraspeak has raised $19.5 million in a Series B round of funding to bring collaboration to facilities management.
It might not be the sexiest of subjects, but facilities management is central to any business that has a physical premises — the bigger that footprint becomes, the more complex it gets.
Portuguese startup Infraspeak has set out to address that with an all-in-one platform that gives facility managers and associated service providers insights and operational control over everything that goes on in a given location.
Founded in 2015, Infraspeak has hitherto raised around $20 million in funding, and secured big-name customers such as KFC, Intercontinental and Primark. And to drive its next phase of growth, the Porto-based startup on Monday said it has raised a further €18 million ($19.5 million) in Series B funding.
Consider a healthcare firm with myriad departments, equipment and contractors spanning various disciplines such as maintenance and cleaning — a lot needs to be coordinated and managed.
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