Howspace raises €12 million A round for Europe, N.Am expansion

Finland’s Howspace has closed a €12 million Series A funding round led by Forestay Capital and Inventure. The funding will be used to scale the core business and hiring to drive growth in North America and Central Europe.

Organisations like The United Nations use Howspace to encourage and facilitate more engagement through digital channels in settings that include learning, change management, and strategic planning.

“With the COVID-19 pandemic changing the way we communicate, work, and learn together, Howspace’s platform is a clear forerunner in bringing people together in the future, whether through online learning programs, hybrid events, or face-to-face workshops,” said Tuomas Kosonen, Partner at Inventure.

“We all believe that the future of work is social. We are excited to see how we can build new connections and continue to scale the great partner ecosystem we have built across 30 countries.”

Howspace CEO Ilkka Mäkitalo

Howspace has previously raised €3 million, including a €1.4 million seed round in 2017 and a €1.6 million bridge round that closed in October 2019. The company today employs over 60 people in Europe and North America, offering support to customers and partners in more than 30 countries.