Beekeeper on its $50m Series B financing
Torch Partners has acted as exclusive financial adviser to Beekeeper on its $50m Series B financing led by Thayer Ventures and Swisscanto Invest, with participation from HighSage Ventures as well as from existing investors, including Atomico, Alpana Ventures, Edenred Capital Partners, Fyrfly, Hammer Team, investiere, Keen Venture Partners, Samsung NEXT, Swiss Post, and Swisscom.
Headquartered in Zurich, Switzerland, Beekeeper is an operational communications platform, which connects desk and non-desk employees across locations and departments in real-time via mobile or desktop and includes an intelligent dashboard to help companies improve internal communication and streamline business processes.
Beekeeper has experienced tremendous growth in the last year in many verticals including hospitality, manufacturing, and retail with clients including Hyatt Hotels, Dollar General, Domino's Pizza and SeaBoard Foods. The company plans to use the new funding to further expand its platform to bridge the gap between knowledge workers and their non-desk counterparts, and further expand its offering with new features and integrations.
Torch Partners acted as exclusive financial adviser to Beekeeper, further demonstrating Torch’s experience in advising SaaS companies on raising growth equity.
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