© Seatti

Seatti raises €3 million in seed round

The Munich-based startup Seatti enables international companies to implement hybrid work models. The company has now received three million euros for this purpose. The financing round is led by Munich-based Acton Capital and Paris-based Partech. Previous investors Peak and HPI Seed Fund are returning.

Since its founding in April 2021 by Christopher Bieri, Moritz Hartmann, and Johannes Eppler, Seatti has been committed to maximizing the benefits of hybrid work for both companies and their employees. With the new funding, the startup more than triple its team and revenue by 2023. It also aims to expand the core features of its hybrid work management tool and further serve the rapidly increasing demand from enterprise customers. According to the company, the young startup grew by more than 30 percent monthly in 2022.

Christopher Bieri, co-founder of Seatti, explains:

"Driven by the pandemic, the vast majority of companies have adopted hybrid working at an unprecedented pace. Such a significant shift in the way people work would have taken years, if not decades, in a non-COVID world. This abrupt shift requires companies to quickly address the new challenges posed by hybrid working. Our research shows that €160 billion is wasted annually on unused office space, that face-to-face meetings between colleagues have declined by over 30 percent, and that 68 percent of companies are not yet fully compliant with legal and internal regulations."

Seatti aims to solve these challenges by enables more personal meetings between colleaguesThe startup's solution is also designed to ensure more efficient use of office space and full compliance with legal regulations for hybrid working. Employees can book shared desks, meeting rooms, and parking spaces in company offices, while simultaneously planning and sharing their hybrid workspaces. This allows users to find the ideal workspace based on their upcoming tasks and the location of their colleagues. In turn, the solution offers companies the opportunity to evaluate booking data in compliance with GDPR, for example, to optimize their office space.

“Hybrid working methods will prevail”

Sebastian Wossagk, Managing Partner at Acton Capital, explained:

"Hybrid working arrangements will prevail. What began as an abrupt change two years ago will become a key differentiator for employers in the battle for talent and skilled workers across all industries. Large companies, in particular, now urgently need a flexible solution to manage their rapidly growing hybrid workforce. Thanks to its easy integration, intuitive operation, and full compliance with all regulatory requirements, Seatti's SaaS platform has won over enterprise customers and employees alike. We are impressed by what the team has achieved in the short time since its launch. Seatti clearly has the potential to play a key role in shaping this new market."

And Romain Lavault, General Partner of Partech, adds:

"We were immediately won over by the passion and energy of Chris, Johannes, and Moritz and are committed to supporting them in building Seatti into a company that will transform the way employees of all generations work together. Winning some of the most well-known companies as customers just months after launch and receiving consistently positive feedback from their users demonstrates that we're on the right track."

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