Berlin-based SaaS startup Menlo79 has raised €2.1 million to expand its cloud-based workforce management platform, WILSON, for the railway, mobility, and logistics industries. The funding round was backed by Scalehouse Capital, D2 Fund, Ventis Capital, and Frankenbergs Ventures.
- Launched in 2018 by Fabian Stoeffler and Stefan Wagner, Menlo79 provides an intelligent, cloud-based workforce management platform called WILSON.
- WILSON helps railway, mobility, and logistics companies manage their operational staff more efficiently with shift planning, scheduling, skills management, and payroll modules.
- The startup employs a team of 35 and serves over 65 customers with over 2,300 users. Its customer base includes transport companies such as Flixtrain, Havelländische Eisenbahn, Bentheimer Eisenbahn, and ČD Cargo, as well as staff service providers like Trainbutlers and LokLöwen, and rail construction firms including Furrer+Frey.
Details of the deal
- The fresh capital came from German Scalehouse Capital, Ventis Capital, Frankenbergs Ventures, and London's D2 Fund.
“We believe in the huge potential for modern workforce management. The Menlo79 team has been on an amazing journey over the past few years, and we’re excited to be part of their continued growth in the rail and logistics sector," says Amory Poulden, Partner at D2 Fund.
- The startup will use the €2.1 million in funding to develop its WILSON software further, enhance its marketing and sales efforts, and support its growth ambitions.
- Additionally, the company has secured €1.8 million in grants to expand its cross-company staffing and qualification management features, which will be tested with pilot customers.
"We are excited to have found partners who also believe in the need for digital workforce management to help counter the global shortage of skilled workers. Now we want to continue our growth together and make workforce management in rail and logistics more efficient and easier for our customers," co-founder and CEO of Menlo79 GmbH, Fabian Stöfflerm, stated.