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Reading: Frontline Success Solution Provider Beekeeper Raises $50M, Launches New Product Suite
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EdTechReview > News > Frontline Success Solution Provider Beekeeper Raises $50M, Launches New Product Suite
News

Frontline Success Solution Provider Beekeeper Raises $50M, Launches New Product Suite

Stephen Soulunii
Stephen Soulunii Published November 18, 2022
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Frontline Success Solution Provider Beekeeper Raises $50M, Launches New Product Suite
Frontline Success Solution Provider Beekeeper Raises $50M, Launches New Product Suite
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Beekeeper, a mobile-first frontline success solution provider, has recently raised $50 million in a Series C funding round and announced a series of new product suites to solve the great frontline disconnect.

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The global technology company secured the funds from new investors EGS Beteiligungen and Kreos Capital alongside existing investors Energize Ventures, Thayer, SwissCanto, Keen Ventures, Alpana Ventures, Edenred Capital, and Verve Ventures. The round brings the company’s total funding to more than $100 million to date.

Founded in 2012, Beekeeper aims to solve the massive disconnect between what frontline workers want and need to excel in their jobs and what upper management and executives think is important by providing digital solutions that can automate business processes and communications from any location. It provides a mobile-first all-in-one frontline success system that allows companies to empower and connect frontline workers to the people, processes, and systems they need to do their best work.

Commenting on the development, Beekeeper Co-founder & CEO Cristian Grossmann said,

The disconnect between employers and their frontline employees is at an all-time high, causing staff shortages and burnout that comes at a hefty economic price. This round of investment validates Beekeeper’s mission to tackle this disconnect and overcome the crippling status quo it creates. Our mobile-first, frontline success system connects workers to the people, processes, and information they need to be productive, engaged, and safe at work. This new way of working gives our customers an unmatched competitive advantage during challenging times.

Beekeeper said it plans to use the new funding to continue to invest in product development, and grow its platform to establish itself as the leader in the frontline success category.

In addition to closing its Series C funding round, Beekeeper has also announced the addition of new product innovations to its platform. The new products include Frontline Workspace, Employee Referrals, Employee Onboarding, and Safety Management.

The frontline workspace aims to improve the accessibility of employee services, communications, collaboration, and productivity. Employee referrals solution helps companies fill positions faster, retain employees, and lower recruitment costs. It allows employers to inform, collect, track, and reward employees for referrals they make.

The employee onboarding capabilities automate the process of bringing on new employees more quickly and at a lower cost. The mobile-first safety management solution is designed for frontline teams and optimizes their safety culture, and it includes training, accident prevention, accident reporting, and safety metrics.

Juan Muldoon, Partner at Energize Ventures, said,

More than 80% of the global workforce are deskless workers, and as digitization scales and transforms nearly every sector of the economy, there is increasing demand to connect and enable frontline workers with new technologies. We believe Beekeeper has set the benchmark for frontline success in industries that are instrumental to the buildout of a sustainable economy – from manufacturing and construction to transportation and logistics. We are excited to continue partnering with Beekeeper as they unlock greater efficiency and connectivity among frontline businesses.

Beekeeper said it has seen massive growth and adoption since 2020, with thousands of frontline business locations using its platform in more than 150 countries.

TAGGED: Employee Management, Employee Training, Frontline Employees, Frontline Workers
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By Stephen Soulunii
No more a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but want everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always want to see a better world. The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field.
Previous Article London-based Mentorship Platform Vektor AI Raises €2.4M In Pre-Seed Round London-based Mentorship Platform Vektor AI Raises €2.4M In Pre-Seed Round
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