Total amount raised
$58.4 Millions
Latest funding date
07/01/2022
Location
Robin has successfully raised significant funding over multiple rounds, positioning itself as a key player in workplace management solutions.
Keep reading to delve into the details of Robin's fundraising journey and the investors who believe in its vision.
What Is Robin?
Robin, founded in 2014, is headquartered in Boston, MA. The company specializes in workplace management solutions, offering a centralized platform for desk booking, room scheduling, meeting services, workplace analytics, and visitor management.
Robin's platform aims to bridge the gap between remote and in-person work, optimizing office spaces and improving workplace operations. The company has been partnering with global organizations to enhance their office management strategies.
While the names of the founders and the number of employees are not specified, Robin's impact on workplace management is evident through its innovative solutions and widespread adoption.
How Much Funding Has Robin Raised?
- Series A Round
- Amount Raised: $7 million
- Date: May 31, 2016
- Lead Investors: FirstMark Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop software that organizes, tracks, and monitors office spaces, making it easier for employees to find and book meeting rooms and for employers to analyze space usage.
- Series B Round
- Amount Raised: $20 million
- Date: May 20, 2019
- Lead Investors: Tola Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To optimize office spaces by providing tools for managing meeting rooms, seating charts, office maps, and insights into space utilization.
- Series C Round
- Amount Raised: $30 million
- Date: July 14, 2022
- Lead Investors: Tola Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support platform development, international expansion, and growing the company's headcount to facilitate the shift towards hybrid work models.
- Seed Round
- Amount Raised: $1.4 million
- Date: July 7, 2014
- Lead Investors: Atlas Venture, Deep Fork Capital, Boldstart Ventures, Space Pirates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue product development, expand the number of Robin-powered offices, and hire new employees.
Robin has raised a total of $58.4 million. The current valuation is not publicly disclosed.
Key Investors
- Tola Capital
- Details: Tola Capital is a venture capital firm that focuses on enterprise software and technology investments. They led Robin's Series B and Series C funding rounds.
- Investment Focus Areas: Enterprise software, technology, data-driven businesses.
- Notable Investments: DataRobot, InfluxData, Cockroach Labs.
- FirstMark Capital
- Details: FirstMark Capital is a New York-based venture capital firm that invests in early-stage technology companies. They led Robin's Series A funding round.
- Investment Focus Areas: Technology startups, consumer internet, enterprise software.
- Notable Investments: Pinterest, Shopify, Riot Games.
- Accomplice
- Details: Accomplice is a venture capital firm that focuses on seed and early-stage investments in technology companies. They have participated in multiple funding rounds for Robin.
- Investment Focus Areas: Technology, cybersecurity, consumer internet.
- Notable Investments: AngelList, Carbon Black, DraftKings.
- Boldstart Ventures
- Details: Boldstart Ventures is a venture capital firm specializing in enterprise software and infrastructure startups. They have been involved in Robin's funding since the early stages.
- Investment Focus Areas: Enterprise software, infrastructure, developer tools.
- Notable Investments: Snyk, BigID, Kustomer.
- Allegion Ventures
- Details: Allegion Ventures is the corporate venture arm of Allegion, focusing on investments that enhance security and access. They joined Robin's Series B funding round as a strategic investor.
- Investment Focus Areas: Security, access control, smart buildings.
- Notable Investments: Openpath, Pindrop, Yonomi.
What's Next for Robin?
Robin stands at the cusp of a significant opportunity as the hybrid work model gains traction globally. With its comprehensive office reservation software, Robin is well-positioned to help companies optimize their office spaces, providing valuable insights and recommendations. The potential for international expansion and increasing headcount further amplifies the growth prospects, especially as more organizations seek efficient solutions for managing hybrid work environments.
Future fundraising opportunities seem promising, given the successful Series C round and the growing demand for hybrid work solutions. However, Robin will need to navigate challenges such as proving the long-term viability of hybrid work models and addressing concerns about employee tracking and data privacy. Competition from other office scheduling startups and managing the logistical issues of hybrid work will also be critical hurdles to overcome.
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