YOOBIC, an all-in-one digital workplace for front-line teams, today is $ 50 million led by Highland Europe, a growing investment company that helps software and consumer tech companies with significant revenue growth and proven market adoption. Announced the end of the Series C Financing Round of. .. Single-family offices, advised by existing investors Felix Capital, Insight Partners, and BNF Capital Limited, also participated in the round.
YOOBIC’s industry-leading all-in-one digital workplace, which has raised a total of $ 80 million since its inception, is the first. Full service software platform Designed for frontline teams. Its scalable and user-friendly app supports daily task management, digital training and colleagues, for retail store employees, restaurant staff, field workers, and front-line employees of all types. It provides a single centralized mobile hub that enables seamless communication with supervisors and headquarters.
This is a milestone for the 2.7 billion deskless workers in the world, who now make up 80% of the world’s workforce. Despite their immense contributions during the pandemic, frontline workers are still underserved and only 1% of IT spending is now targeted at deskless employees. The post-pandemic environment is at the forefront as companies resume face-to-face operations and scale up to support the reopening economy while addressing the complex challenges of staff shortages and post-COVID financial pressure. Workers’ technical assistance is more important than ever. To overcome these challenges, companies need to ensure consistent and efficient execution, streamlined communication, and improved training and skill upgrades for critical frontline employees. There is.
YOOBIC Already supports more than 300 top brands in 80 countries, providing frontline workers with the digital support they need to succeed in more than 335,000 locations across retail, hospitality, distribution, manufacturing and more. .. Operations of iconic enterprises such as Boots, Carrefour, Lancôme, Lacoste, Logitech, Lidl, Peloton, Puma, Vans, VF Corp and Sanofi, HR and L & D leaders all increase operational efficiency and ensure consistent overall network performance. We rely on YOOBIC to achieve our sexuality. And improve their frontline workforce.
YOOBIC closed the first quarter of 2021 by signing new and high-profile clients such as Untuckit, Roots, Canada Goose, Longchamp, Lidl, Zadig & Voltaire and Athletico. This shows the growing need to support frontline workers. Overall, the YOOBIC platform has increased the activity natively performed by the app by 200% over the last 12 months, from chat and video to completing digital tasks and virtual training lessons. In March 2021, YOOBIC reached the milestone of 1 million monthly activities on the platform.
“YOOBIC gives us a real-time view of what’s happening in our stores. In the past, it could take months to recognize that a problem had occurred, but with YOOBIC it’s very You can quickly see the problem. ”Andrew Armstrong is a field VP of cosmetics brand Lancôme and uses YOOBIC to power 2,100 point-of-sale locations.
“We will use YOOBIC’s mobile platform to create more efficient operational capabilities that will attract and empower our employees, and provide them with the tools they need to deliver best-in-class service.” Skip Bourdo, COO of Athletico, 540 physiotherapy leaders.
“To get information quickly, we needed tools that could meet our agility needs. Mobile phones are an essential tool for accompanying customers, understanding and training products in the manufacturing floor. The average age of the team is 28 and they spend an average of 4 hours a day on their smartphones, so they had to design a solution that met their expectations. ”European retailer, The Kooples, a French fashion retailer with 330 stores. Director Livio Tabbi.
The Series C round will focus on bringing technology, sales, customer success and marketing talent, and will increase YOOBIC’s workforce by 75% to bring the company’s global workforce to 350 by 2022. Supports continuous growth. As YOOBIC strengthens its market leadership in EMEA and continues to accelerate growth in North America, this investment facilitates its R & D efforts, especially in data intelligence and predictive insights, and is at the forefront of areas such as manufacturing. Allows you to develop services for your employees. Warehouse storage and transportation.
“We are pleased to partner with YOOBIC, which has clearly established itself as a leader in demonstrable market traction and remarkable growth in digital workplace spaces, thanks to a very impressive team led by Fabrice, Avi and Gilles. “Mr. Jean Tardy-Joubert, a partner of Highland Europe participating in the YOOBIC Board, said. “Companies have traditionally focused on digital investment for deskbound employees, but the world is becoming diversified and diversified. An earthquake that shifts vast resources, technology and capital to front-line teams. Is expected to change. “
“YOOBIC’s mission is to shape the future of work for the deskless workforce,” said Fabrice Haiat, CEO and co-founder of YOOBIC. “They are essential to the success of our business. They are the brand ambassadors of the organization and are responsible for maintaining or breaking the company’s mission. This funding strengthens YOOBIC’s position as the global market leader for front-line teams. The brand will connect and fulfill all employees and feel the value of being a leader tomorrow. “
YOOBIC transforms employee experience
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