Portugal-based Infraspeak, an Intelligent Maintenance Management Platform (IIMP), announced that it has raised €7.5M in a Series A extension round of funding from Bright Pixel.
The announcement comes eighteen months after raising €10M in funding in a Series A round in October 2021. Leading the round were Indico Capital Partners and Knight Capital, alongside existing investors Caixa Capital and Innovation Nest.
The fund will help the Portugal company accelerate its growth and expansion plans as well as drive impactful innovations within the organization.
The Portuguese firm says it will use the extension funds to further develop the Infraspeak Network, a unique feature that will facilitate seamless collaboration between facilities managers and service providers, streamlining the entire workflow from quote submission to job completion.
Founded by Luis Martins (CTO) and Felipe Ávila da Costa (CEO), Infraspeak is a Global SaaS company that’s on a mission of disrupting the FM & Maintenance Management space.
The company offers a centralized and customized maintenance management solution catering to companies of diverse sizes.
The platform seamlessly integrates assets, IoT devices, hardware, and software, enabling teams to translate data into actionable insights and implement real-time solutions.
Currently, the company manages over 180 thousand buildings, and 3M assets and have more than doubled the number of new companies using the platform in the first half of 2023.
Infraspeak has operations in the United Kingdom, Spain, France, Brazil, Argentina, Angola, and South Africa, and employs 164 people globally.
Read more on Tech Gist Africa:
Madrid-based Jotelulu secures €4M