Book A Tiger has raised €8 million in Series B funding to digitalise the cleaning services market.
The investment comes from new investors Atami Capital and Davidson Technology Growth and previous backers DN Capital and Target Global.
Book A Tiger, from Germany, is an online platform for booking cleaning services for households and businesses. It is active in Germany, Switzerland, Austria, and the Netherlands. The new funds will be invested in further development of the platform with a particular focus on the B2B side of its business as well as expanding into new international markets.
In Europe the market for B2B cleaning services is worth €65 billion, according to Nikita Fahrenholz, CEO of Book A Tiger and previously of Delivery Hero.
“We have been focusing on further developing our technology and expanding the B2B business, and it is clearly paying off,” said Fahrenholz. “The current business development is very positive. With this new investment, we want to promote our growth in the B2B field and concentrate on the further expansion of our facility management platform.”
Book A Tiger brings more efficiency to a largely fragmented market, added DN Capital managing partner Nena Marovac.