Quinyx raises $25m to revolutionise the Workforce Management industry
Updated: Jun 7, 2019
Dear friends of A&D,
today we are happy to announce that Quinyx, a leading cloud provider of workforce management solutions, has raised a further $25 million investment in its global business. The company’s software helps businesses of all sizes manage employee scheduling, communication, task-management and payroll integration.
Alfvén & Didrikson first invested in Quinyx in 2014 and has been an active supporter since. This round was led by Alfvén & Didrikson with the participation from existing investors Battery Ventures and Zobito. The funding will further accelerate Quinyx’s roll-out of innovative features and new AI technologies that will automate and streamline workforce management processes.
Quinyx currently has close to 500,000 employees on its platform, and supplies workforce management technology to some of the world’s most admired companies. Clients include McDonald’s, London City Airport, Burger King, Rituals, Swarovski, IHG, Boots, and many more. Recent wins include Daniel Wellington and Odeon Cinemas Group.
Commenting on the investment, Erik Fjellborg, Founder and CEO of Quinyx said: “–Today’s announcement will help us to accelerate our growth journey and develop and embed new technologies into our platforms to unlock the full potential of the flexible workforce. Our mission is simple – to create a better life for millions of people by improving their work lives.”
Maria Åhr, Partner and CEO of Alfvén & Didrikson: “– Quinyx is a game changer in workforce management. Its consistent growth and calibre of its customers confirms its strong potential for future global growth. We look forward to playing an active role in the company’s next chapter.“
More information about Quinyx Quinyx is a cloud based, mobile first workforce management software that rocket fuels the workforce in service industries to make people and businesses grow.
Quinyx was founded by CEO Erik Fjellborg after a summer spent working at McDonald’s. After witnessing how difficult it can be for managers to sort shifts manually, Erik created the leading cloud based, native mobile first software that has radically improved Workforce Management. McDonald’s loved Erik’s solution and became Quinyx’s first customer.
Today, Quinyx helps some of the world’s biggest businesses to save time and money, boost productivity and make people enjoy work.
With its core customer base in Europe, Quinyx has offices in UK, Sweden, Finland, Germany, Norway, Denmark and the Netherlands. Its software has also been implemented globally, in markets such as China, Japan and Korea.
Clients include Burger King, Rituals Cosmetics, Swarovski, IHG, Boots, Virgin Atlantic, London City Airport, Benugo, Papa Johns and Odeon Cinemas Group.