Staffbase Valuation, Funding & Investors

Staffbase is valued at $1.1B as of March 2022.

Last Staffbase valuation

$1.1B

Series E · Mar 2022

Last Staffbase funding round

$115M

Series E · Mar 2022

Cumulative funding Staffbase raised

$305M

across 6 funding rounds

Key investors in Staffbase

  • Capnamic
  • KIZOO Technology Capital
  • Insight Partners
  • Headline
  • General Atlantic
  • IRIS

Staffbase Overview

About Staffbase

Staffbase is a Dresden-headquartered employee communications platform founded in 2014 serving over 2,500 companies worldwide in manufacturing, healthcare, logistics, automotive, retail, and utilities. The mobile-first cloud solution delivers targeted corporate news, intranet integration, feedback tools, and digital workplace features to frontline and deskless workers globally.


Founded

2014

HQ

GermanyChemnitz

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$1.1B (Mar 2022)

Staffbase Valuation

Staffbase is currently valued at $1.1B, based on its Series E in March 2022.

The $115M round was led by General Atlantic, with participation from Insight Partners.

Staffbase valuation by funding round

Staffbase valuation by funding round
DateStageValuation
Mar 2022Series E$1.1B

Staffbase Funding History

Staffbase has raised a total of $305M across 6 funding rounds.

Staffbase's first fundraising round was a $2M Series A in May 2016. The most recent completed round was a $115M Series E in March 2022.

Staffbase funding rounds

Staffbase funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2022Series EGeneral Atlantic (lead); Insight Partners$115M$1.1BStaffbase, headquartered in Chemnitz, Germany, develops a mobile-first employee communications platform that enables enterprises to deliver branded news, announcements, and engagement tools to frontline and desk-based workers across offices, factories, and remote locations. The platform supports over 2,000 enterprise customers including Adidas, Audi, BHP, Deutsche Post DHL, Ikea, and Volvo, reaching 8-13 million employees worldwide with offices in Amsterdam, Cologne, Dresden, Berlin, London, Munich, and New York City. On March 15, 2022, Staffbase announced a $115 million (€106 million) Series E financing round led by General Atlantic, with participation from existing investor Insight Partners. This followed a $145 million Series D round in March 2021, also led by General Atlantic, bringing total funding to around $306 million. The round valued Staffbase at $1.1 billion, achieving unicorn status. Staffbase reported more than doubling revenue in 2021, though exact figures were not disclosed. The company serves as a pioneer in internal communications management, integrating with Microsoft 365 and focusing on employee engagement, onboarding, and measurement amid rising demand from remote and hybrid work trends post-COVID-19. Proceeds will accelerate international expansion, particularly in North America, enhance platform integrations and functionality, and invest $54 million (€50 million) in 2022 for initiatives like an internal communications academy, Masterclass series, and annual VOICES conference to build industry skills and community.
Mar 2021Series DGeneral Atlantic (lead); Capnamic; KIZOO Technology Capital; Insight Partners; Headline$143M-Staffbase is a leading provider of employee communications management solutions, offering mobile-first intranet platforms that integrate with Microsoft 365, Slack, and other tools to connect enterprise workforces. The company raised $145 million (€122 million) in its Series D funding round on March 29-30, 2021, led by General Atlantic, with participation from investors including Capnamic, Headline, Insight Partners, and KIZOO Technology Capital. This growth round followed prior Series B and C financings, supporting expansion especially in North America, where Staffbase aimed to accelerate adoption among large enterprises like Adidas and Audi. At the time of the Series D, Staffbase had approximately 450 employees across 11 global offices including Chemnitz (HQ), Munich, New York, London, Vancouver, Amsterdam, and Berlin. The funding came amid rapid platform development, combining mobile employee apps and intranets into a unified solution for managers and communications specialists. Shortly after, in March 2021, Staffbase merged with Canada-based Bananatag, an email-based internal communications provider, enhancing its offerings. The company served over 2,000 clients and 13 million employees by early 2022, with total funding reaching $294.2 million across rounds by then. Staffbase continued growth post-Series D with the November 2021 acquisition of Valo Solutions for Microsoft 365 intranet solutions, reaching nearly 600 employees across 14 offices by March 2022. The platform targets hybrid work challenges, emphasizing employee engagement in increasingly international and remote workforces.
Oct 2020Series CHeadline (lead); Capnamic; KIZOO Technology Capital; Insight Partners$12M-Staffbase, an employee communications platform founded in 2014 and based in Chemnitz, Germany, provides solutions including employee apps, internal email tools, and intranet platforms used by over 1,000 organizations and eight million people as of March 2021. The company raised a Series D round of $145 million led by General Atlantic in March 2021, with participation from existing investors Insight Partners and e.ventures, while KIZOO and Capnamic Ventures remained invested. Prior to that, Staffbase completed a Series C round of $12 million in September or October 2020 led by Headline. The funds from later rounds supported global expansion, product development like Microsoft 365 integrations, and acquisitions including Bananatag in March 2021 and Valo Solutions in November 2021.
Jul 2019Series CInsight Partners (lead); Capnamic; KIZOO Technology Capital; IRIS; Headline$23M-Staffbase is a leading provider of employee communications management solutions and digital workplace platforms for enterprise customers. The company serves over 2,000 enterprises worldwide, impacting the work experiences of over 13 million employees. In March 2021, Staffbase merged with Canada-based Bananatag, a provider of email-based internal communications solutions, and later that year acquired Valo Solutions, a leading provider of intranet and workplace solutions for Microsoft 365, SharePoint, and Microsoft Teams. The company has since raised significant additional capital, including a $115 million Series E round in March 2022 at a $1.1 billion post-money valuation led by General Atlantic. As of fiscal year 2024, Staffbase reported annual recurring revenue of £56.6 million with 18.8% year-over-year growth.
Jun 2018Series BHeadline (lead); Capnamic; KIZOO Technology Capital$10M--
May 2016Series ACapnamic (lead); KIZOO Technology Capital (lead)$2M--

Who has invested in Staffbase?

6 investors have backed Staffbase across its funding rounds, including Capnamic, KIZOO Technology Capital, Insight Partners, Headline, General Atlantic and IRIS.

Lead investors include General Atlantic, Headline, Insight Partners, Capnamic and KIZOO Technology Capital.


Staffbase Investors

Investors in Staffbase by funding rounds participated
InvestorHQRoundsRoleFirst check
CapnamicGermanyCologne5LeadMay 2016
KIZOO Technology CapitalGermanyKarlsruhe5LeadMay 2016
Insight PartnersUnited StatesNew York City, NY4LeadJul 2019
HeadlineUnited StatesSan Francisco, CA4LeadJun 2018

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Staffbase

Staffbase has acquired 4 companies to date.

Last acquisition by Staffbase was on June 1st 2022. Staffbase acquired dirico.io for undisclosed valuation.


Latest Acquisitions by Staffbase

dirico.io
Valo Solutions
Bananatag
Teambay
Description
dirico.io is a Berlin-based all-in-one software for social media and content marketing teams. The platform centralizes scheduling, publishing, analytics, and community engagement across channels like Instagram, LinkedIn, Twitter, and Facebook. dirico.io enables collaborative workflows for agencies and brands, with features for content calendars, performance tracking, and audience outreach.
Valo Solutions is a Helsinki-based provider of intranet and digital workplace platforms built on Microsoft 365, SharePoint, and Teams. Its Valo Intranet offers personalized feeds, news management, and employee engagement tools for enterprises. The firm serves over 1,000 organizations worldwide, including Intrum and Helen Oy. Valo Workplace integrates communication, collaboration, and knowledge management features to streamline operations across hybrid work environments.
Bananatag is a Portland-headquartered platform for internal communications that tracks email opens and clicks within Outlook and Gmail. Employee communicators use its drag-and-drop editor to design newsletters, segment distribution lists, and analyze engagement metrics. Integrated with Microsoft 365 and HR systems, Bananatag serves enterprises like Fortune 500 companies in tech and finance. Founded in 2011, the tool replaces static emails with data-backed campaigns, enabling A/B testing and ROI reporting for HR teams.
-
HQ CountryGermanyFinlandCanadaGermany
HQ City
Koblenz
Helsinki
Kelowna
Berlin
Deal Date1 Jun 202230 Nov 20214 Mar 20211 Oct 2020
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Investments by Staffbase

Staffbase has invested in 1 company to date.

Latest investment by Staffbase was on September 25th 2025. Staffbase invested in yasp in their $5M Seed round.


Latest Investments by Staffbase

yasp
Description
Yasp is a platform that deploys AI tools for businesses navigating digital transformation. Headquartered in its operational base, it simplifies complex AI functionalities into actionable applications for sectors requiring advanced analytics and automation.
HQ CountryGermany
HQ City
Munich
Deal Date25 Sep 2025
RoundSeed
Raised$5M
InvestorsCapnamic; MBG Baden Wuerttemberg; Start-up BW Innovation Fonds; LeanIX
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Staffbase Competitors

Staffbase competitors include listed companies like Teamviewer and Montnets, and private ones like Sendbird, Ada, Wheel and Aircall.

Public and private companies comparable to Staffbase
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SendbirdUnited StatesSan Francisco, CAPrivate--$1.1B-
TeamviewerGermanyGermanyPublicly listed$860M$310M$1.2B2.5x
AdaCanadaTorontoPrivate--$1.2B-
WheelUnited StatesAustin, TXPrivate--$1.2B-
AircallUnited StatesNew York City, NYPrivate$175M-$1B5.7x
MontnetsChinaChinaPublicly listed$389M($17M)$908M-

Staffbase Public Comps

Staffbase is still privately-owned, but its public comps include Teamviewer, Montnets, Cybozu, Pexip, Vercom, Truecaller, Tanla Platforms, Enghouse Systems, Consensus Cloud and Bandwidth.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Teamviewer$860M$310M2.5x2.5x7.0x5.9x
Montnets$389M($17M)2.5x-(55.5x)-
Cybozu$241M$84M3.4x3.1x9.8x9.2x
Pexip$118M$29M6.6x5.7x26.6x18.6x
Vercom$125M$34M5.9x5.2x21.8x18.2x
Truecaller$195M$61M3.2x3.4x10.2x11.8x
Tanla Platforms$461M$76M1.2x1.2x7.6x7.1x
Enghouse Systems$357M$87M1.4x1.4x5.6x5.6x

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Common questions about Staffbase

When was Staffbase founded?Staffbase was founded in 2014.
Where is Staffbase headquartered?Staffbase is headquartered in Chemnitz, Germany.
Is Staffbase publicly listed?No, Staffbase is a private, VC-backed company.
What is Staffbase's valuation?Staffbase was last valued at $1.1B in its Series E in March 2022.
How much funding has Staffbase raised?Staffbase has raised $305M across 6 funding rounds.
What was Staffbase's last funding round?Staffbase's last funding round was a $115M Series E in March 2022, led by General Atlantic.
Who are Staffbase's investors?Staffbase's investors include Capnamic, KIZOO Technology Capital, Insight Partners, Headline, General Atlantic and IRIS.
Which companies are comparable to Staffbase?Companies comparable to Staffbase include Sendbird, Teamviewer, Ada, Wheel, Aircall and Montnets.
How many companies has Staffbase acquired?Staffbase has acquired 4 companies, including dirico.io, Valo Solutions, Bananatag and Teambay.
How many companies has Staffbase invested in?Staffbase has invested in 1 company, including yasp.
What was Staffbase's last investment?In September 2025, Staffbase invested in yasp's $5M seed round alongside Capnamic, MBG Baden Wuerttemberg, Start-up BW Innovation Fonds and 1 other investor.

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