Germany-based digital office management technology producer Service Partner One closed a $10m series A round yesterday backed by investors including Ringier Digital Ventures, the corporate venturing arm of media company Ringier.
EQT Ventures, the venture capital division of private equity group EQT, led the round, which also featured Target Global, Vito Ventures, Rheingau Founders and Earlybird Ventures.
Service Partner One has developed a multi-service platform that handles all aspects of office management, including cleaning, ordering office supplies, restocking food and beverage dispensers, and booking equipment repair services. Expenses are quantified in a single monthly invoice.
The company currently operates in five German cities – Berlin, Hamburg, Munich, Frankfurt and Cologne – but will use the series A cash to expand further into Europe, beginning with the UK.
Service Partner One previously raised €1.2m ($1.3m) in seed funding from investors including Rheingau Founders between May and August 2015.