Yoobic, a company that provides an app for frontline and service employees to manage activities, interact with one another and management, and complete training, development, and other e-learning duties, has received $50 million in funding. This was a Series C round of funding led by the likes of Felix Capital, Insight Partners, and BNF Capital Limited.
The company works with more than 300 major companies in 80 countries, with a total of 335,000 locations in industries such as retail, hotel, distribution, and manufacturing. Boots, Carrefour supermarkets, Lancôme, Lacoste, Logitech, Lidl, Peloton, Puma, Vans, VF Corp, Sanofi, Untuckit, Roots, Canada Goose, Longchamp, Lidl, Zadig & Voltaire, and Atos are among its customers.
Yoobic intends to build out new solutions to cater to certain verticals in the realm of frontline labor, such as manufacturing, logistics, and transportation, in order to enhance responsiveness and provide more data to enterprises about their utilization.