Tech
Check out the pitch deck visitor management startup iLobby used to raise more than $100 million from Shopify backer Insight Partners
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- Visitor management software startup iLobby has raised a more than $100 million Series A funding round led by Insight Partners, which has also backed Twitter and Shopify.
- iLobby, which provides software to help businesses manage their facilities and employees, has seen rising demand for visitor management driven by the COVID-19 pandemic.
- “As businesses are starting to reopen, there is an increasing need to not only know who is entering your facilities, but also assess whether they are a potential risk to your workforce,” Ariel Mashiyev iLobby CEO said.
- Visit Business Insider’s homepage for more stories.
Visitor management software startup iLobby has raised a more than $100 million Series A funding round.
The Toronto-based company provides organizations with software to manage staff and guests as they enter their premises, and says it has seen rising demand driven by the COVID-19 pandemic. iLobby counts Pepsi and Nikon as clients.
The startup estimates that its market opportunity is around $8.7 billion. The round, led by Twitter backer Insight Partners, is more than $100 million but the full amount has not been disclosed.
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“This investment will substantially accelerate the pace at which we build and deploy the iLobby product suite to power the future of safety and visitor management in the workplace,” iLobby CEO Ariel Mashiyev said.
iLobby’s funding will go towards scaling its product offering in the 45 countries it operates in.
“As businesses are starting to reopen, there is an increasing need to not only know who is entering your facilities, but also assess whether they are a potential risk to your workforce,” Mashiyev added.
Check out iLobby’s pitch deck below:
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