Antwerp-based Zapfloor, a workspace management solution platform, announced on Tuesday, September 20, that it has secured €2.1M in a Series A round of funding from new and existing investors.
New investors Deparco and Christoph Neut, ex-CEO of Sparkcentral, and existing investors Leansquare and Stefan Grosjean, CEO of Smappe, are among the investors.
The Belgian company says it will use the funds to boost international sales in Europe, expand the team and further develop its modular tool to change how offices are managed in Europe and the rest of the world.
The funding announcement comes three years after raising €1M in October 2019.
“Our mission is to provide companies and owners of office buildings with the best platform to realise their office’s full potential and at the same time bring the next-level tenant experience. With this capital increase, we do not only have the means to become a dominant player in the European market, but we also take onboard Deparco and Christoph Neut as important partners who are well experienced in helping companies like us scale sustainably,” says Thomas Celen, co-founder and CEO of Zapfloor.
Zapfloor: What you need to know
Founded by Wouter Schoofs and Thomas Celen, Zapfloor offers an all-in-one solution for managing flexible workspaces. The company says its solution digitises and automates workspace management with an intuitive and advanced platform.
The platform provides large corporates and coworking spaces with customisable modules to optimise desk booking, meeting room booking, community, and collaboration between colleagues at the office.
Additionally, Zapfloor provides smart data insights to improve office space usage constantly and what the next office space should look like.
Zapfloor also says its software enables each community to create its own fully customised platform and integrate it with other hardware and software that makes the office as smart as possible.
“We want to bring employers and employees back on the same page again and find each other in the new hybrid workspace. We see that the office has never been more challenged than today,” says Thomas Celen. “Nevertheless, we believe at Zapfloor that office space has never been more important than it is today. It plays a central role in the well-being and productivity of employees. The office space needs to be given the right attention so that it best reflects the culture and future of a business and the needs of its employees.”
Zapfloor’s clients include Bouygues, Microsoft, and Siemens, along with 100s of other customers such as Credit Suisse, Engie, Argenta, Welkin & Meraki (now Industrious), CMB, and Revive, with a 95 per cent customer retention rate.
Zapfloor claims to process over 60,000 desk booking globally per day and helps manage and optimise more than 3M m2 of workspace in 120 locations across 18 countries with well over 100,000 users on the platform.
Zapfloor says its recurring turnover has grown by 200 per cent over the last 12 months.
“Workplace management should now be part of the foundation of every organisation. That’s why every organisation needs a Zapfloor,” says Wouter Schoofs, co-founder and CTO of Zapfloor. “When we envision the long-term future of work environments, people ought to be the same number one priority. Digitalisation is key in this evolution, so we built Zapfloor.”
Deparco is the family and investment office of Bruno Denys and his family. The company has over 20 years of experience partnering with companies for the long run and developing Real Estate.
Wouter Wouters, Head of Investments, Deparco, says, “Deparco sees a lot of potential in Zapfloor’s software solutions. After the pandemic, companies are rethinking the purpose of office space. Zapfloor’s workspace management software helps companies deal with these flexible working models and simplifies their complexity. With our investment and Christoph Neut as a strategic partner (Ex Hootsuite, Sparkcentral, Cegeka), we can further scale up the teams to achieve international growth.”
Based in Belgium, Leansquare’s core business is to (co)finance the ‘new economy’ startup, which shows growth potential.Gaëtan Baudelet, investment manager at Leansquare, says, “Zapfloor is a great fit for companies looking to improve workspace management and enhance the end-user experience by providing an agile and flexible working environment. We renewed our commitment by participating in their fundraising as we believe they are well positioned in the rapidly growing workspace management market.”