Yoobic, a NYC-based digital workplace for frontline teams, raised $50M in Series C funding.
The round was led by Highland Europe with participation from existing investors Felix Capital, Insight Partners, and a single family office advised by BNF Capital Limited. Jean Tardy-Joubert, Partner at Highland Europe, will be joining Yoobic’s Board in conjunction with the funding.
The company intends to use the funds to:
- increase in headcount to bring its global workforce to 350 by 2022, with a focus on bringing on tech, sales, customer success and marketing talent,
- consolidate its market leadership in EMEA and accelerate growth in North America,
- charge its R&D efforts, particularly in data intelligence and predictive insights, and
- develop services for frontline employees in sectors such as manufacturing, warehousing, and transportation.
Led by Fabrice Haiat, CEO and co-founder, Yoobic is a digital workplace designed for frontline teams. Its app gives retail associates, restaurant staff, fieldworkers, and all types of frontline employees a single centralized mobile hub to support their daily task management, deliver digital training, and enable communication with peers, supervisors, and HQ.
The company is already serving more than 300 top brands across 80 countries to give frontline workers the digital support they need at over 335,000 locations spanning retail, hospitality, distribution, manufacturing, and more. Operations, HR, and L&D leaders at such companies as Untuckit, Roots, Canada Goose, Longchamp, Lidl, Zadig & Voltaire, Athletico Boots, Carrefour, Lancôme, Lacoste, Logitech, Lidl, Peloton, Puma, Vans, VF Corp, and Sanofi, among others currently use Yoobic.
FinSMEs
22/07/2021