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YAROOMS, a SaaS company that launches software for workplace management, raises 2 million euros in its first investment round

By ET Bureau - October 31, 2022 3 Mins Read

Yarooms, a SaaS company providing leading workplace solutions, has secured EUR 2 million in funding to capitalize on a new market opportunity and drive growth accelerate. GapMinder is the lead investor with €1.6 million and SeedBlink is also an investor.

Yarooms is a Romanian technology company founded in 2010 by Dragos Badea , Emil Muhtu and Marcel Preda . The company develops powerful yet easy-to-use software for managing workplaces, such as B. Solutions for booking desks and meeting rooms, for planning hybrid forms of work, for digital signage and for visitor management.

Yarooms serves companies in more than 50 countries, some of the most important markets being the USA , Canada, Italy and the UK. The company has customers from various industries, such as financial institutions, government agencies or educational institutions. Some of the clients are Columbia University , Dedalus, National Health Service, AAA, Dr. Martens, Cerved and Robalino.

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“More than ever, to thrive in the modern world, workplaces need to be people-centric. A strong culture of collaboration, flexibility and employee autonomy – Yarooms is committed to helping companies promote these values ​​and give freedom to their employees. We are agile and understand our industry very well – this has enabled us to innovate and create solutions that help our clients to create innovative employee experiences even in difficult times like the Covid pandemic. As we pursue newly identified market opportunities, we aim to accelerate growth by expanding the team and its expertise ,” said Dragoș Badea , CEO and co-founder of Yarooms.

“  We are confident that hybrid working is the new normal in terms of office use, as both employers and employees have recognized the benefits of this new way of working together. Yarooms is well positioned in this new market with a well thought out product, doubled by a first mover advantage and a fantastic team with high execution skills. We are excited to help YAROOMS bring its new direction to life and shape the future of modern workplaces around the world, ” said Cosmin Ochișor , Partner at GapMinder.

“ We are delighted to welcome Yarooms as part of our portfolio of funded companies and to share this opportunity with our community of European investors! Looking at Yarooms’ results, the founding team has proven to be both resilient and ambitious, and their solution has proven to deliver great results for a previously standalone company,” said Andrei Dudoiu , Managing Partner at SeedBlink.

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