Ronspot raises €1.1m from Furthr VC and other backers to drive international expansion
The funding round was led by Furthr VC to support job creation and global growth.
≈ £946K at €1 = £0.8604 on 5 Sep 2022
Ronspot provides a hybrid workplace management platform that helps businesses coordinate desks, parking spaces, and meeting rooms.
Ronspot has secured €1.1m in a funding round led by Furthr VC, with participation from the Halo Business Angel Network and Enterprise Ireland. The company will use the capital to create 10 new jobs and drive international expansion.
Established in 2017, the Galway-based firm offers a three-in-one software solution that allows organisations to manage desking, parking, and meeting rooms. It currently serves over 200 customers across more than 30 countries.
The latest investment follows previous backing from angel syndicates and will support the platform as it scales operations globally following the challenges of the pandemic.
From the founder
"We are delighted to receive this funding from our investors, who share our excitement for the future of Ronspot. The team at Furthr VC have been working closely with us, offering valuable advice as we prepare for a period of rapid global growth."
Michael Furey
CEO at Ronspot
Investor perspective
"We are excited to be leading this investment round and look forward to working closely with Ronspot’s leadership team as we prepare for strong international growth and ultimately delivering significant returns for our investors and other shareholders."
Richard Watson
Managing Partner, Furthr
Use of funds
- 01Grow the team
- 02Expand into international markets