Workwize, an Amsterdam-based main platform for international IT {hardware} asset administration, immediately introduced that it closed €12.6 million in Sequence A funding to fast-track integration of AI-driven automation.
The funding spherical was led by Klass Capital, with continued help from early-stage traders Peak and Graduate Entrepreneur Fund.
In accordance with Workwize, this funding will allow them to change into the primary platform to completely automate the IT tools lifecycle—from procurement and deployment to retrieval and disposal.
“IT groups worldwide are overwhelmed by the inefficiencies of managing tools for distributed groups. They waste invaluable hours on guide, repetitive duties and getting caught up in advanced vendor administration,” mentioned Michiel Meyer, CEO and co-founder of Workwize. “This funding additional solidifies our imaginative and prescient of a barrier-free future the place managing a world workforce turns into easy and allows IT workflows to shrink from hours to minutes by smarter automation.”
Co-founded in 2021 by Michiel Meyer, Victor Dik, and Sebastiaan Scholten, Workwize was constructed to simplify IT asset procurement, onboarding, and offboarding for a distributed workforce. The platform supplies staff with particular person budgets to order IT tools, peripherals, and ergonomic furnishings. Workwize operates in 100+ international locations, managing over 100,000 units for 25,000+ customers. Corporations like Elastic, EQT, and HelloFresh are amongst these included of their shopper portfolio.
The brand new funding may also allow Workwize to launch a U.S. workplace and double its headcount – each by 2025.
A latest survey carried out by Workwize of over 150 international enterprises revealed that 48% of IT leaders prioritise ‘operational effectivity and automation.’ In accordance with Workwize, their platform cuts IT administration time from 27 hours to simply 10 minutes per worker for duties like procuring, deploying, managing, retrieving, and decommissioning IT tools.
Conventional IT {hardware} asset administration platforms present a centralised document of the areas and standing of IT tools, however transferring tools nonetheless depends closely on guide interventions by IT groups.
An illustrative instance: If an abroad worker wants a laptop computer restore, an IT supervisor should coordinate with a number of worldwide distributors: sending a transport label and packaging to the worker, reserving the restore, arranging and configuring a alternative laptop computer, looking for value approvals, and extra.
As soon as totally automated, Workwize’s AI-driven platform goals to automate your complete lifecycle of IT tools, eliminating the necessity for labor-intensive interventions. Workwize improves the effectivity and scalability of repetitive duties in order that IT groups can deal with strategic initiatives.
The corporate supplies its clients with versatile supply choices, together with pre-configured laptops with Cell Gadget Administration (MDM) from native warehouses, ensures compliance with requirements like ISO, repurposes phased-out tools, prioritises sustainability, and certifies companies to wipe, recycle, or resell IT belongings.
This results in vital time financial savings and reportedly delivers an expertise that’s ten instances extra environment friendly, permitting IT groups to be utterly hands-off.
“Our funding in Workwize displays our sturdy perception in its potential to revolutionize IT administration for an more and more international workforce that calls for streamlined options,” mentioned Will Anderson, Managing Associate at Klass Capital. “Workwize supplies the effectivity and scalability trendy enterprises have to thrive in immediately’s dynamic, borderless enterprise atmosphere.”