Bucharest-based Yarooms, a SaaS company that provides workplace experience solutions, announced on Thursday, October 27, that it has raised €2M in a fresh round of funding. The startup says it will use the proceeds to pursue a new market opportunity and accelerate growth.
The round was led by GapMinder with €1.6M. The round also saw participation from SeedBlink, an investing platform specialised in sourcing, vetting, financing, and scaling tech startups.
Cosmin Ochișor, partner at GapMinder, says, “We are confident that hybrid work is the new normal regarding the way of using the office as both employers and employees realise the advantages of this new way of working together. Yarooms is well positioned in this new market with a well-designed product, doubled by a first-mover advantage, and a fantastic team with high execution capabilities.”
Workplace management software for hybrid work
Founded in 2010 by Dragoș Badea and Emil Muthu, Yarooms is a tech company that creates workplace management software such as solutions for desk booking, meeting room booking, hybrid work planning, digital signage, and visitor management.
Badea says, “To thrive in the modern world, workplaces must become more human-centric than ever. Strong collaboration culture, flexibility, and employee autonomy – it is Yarooms’ mission to help companies foster these values and bring freedom to their employees.”
“We are agile and understand our industry very well – that’s what allowed us to innovate and create solutions that help our clients create cutting-edge employee experiences even in the hardest times, such as the Covid pandemic. As we pursue newly identified market opportunities, we are looking to accelerate growth by expanding the team and its know-how,” adds Badea.
Yarooms serves companies across 50+ countries and some of its most important markets are the US, Canada, Italy, and the UK. The company has clients from a variety of sectors, including financial companies, governmental agencies, and educational institutions. Columbia University, Dedalus, the National Health Service, AAA, Dr. Martens, Cerved, and Robalino are a few of its clientele.
The company has also launched the YAROOMS Partner Programme that connects with like-minded businesses and pioneers the young hybrid work solutions market together.
