# Locaboo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/locaboo

- Industry: Software
- Headquarters: Munchen, Germany
- Website: www.locaboo.com/
- Total disclosed funding: $1.3M
- Latest round: Seed (Dec 14, 2023)
- Investors on record: 2

## About

Based in Munchen, Germany, and founded in 2021, Locaboo GmbH offers an online all-in-one software platform that seamlessly integrates administration, booking, billing, and evaluation, through which users can automate the management and allocation of public resources. In December 2023, Locaboo GmbH raised EUR 1.2 million in seed funding led by investor SCALEHOUSE Capital along with another investor, VENTIS GmbH. The seed funding values Locaboo GmbH at USD 6.23 million post-money.

Locaboo GmbH provides space and resource management solutions, helping businesses and organizations increase utilization, reduce costs, and streamline processes through automation. Locaboo's product offering includes a range of features designed to empower users, including training, video lessons, telephone support, and a comprehensive help centre. Additionally, the company offers a white-label solution, allowing clients to customize the platform to their specific branding and requirements. The platform manages the entire booking lifecycle, from administration to billing and evaluation, all within one unified software. The firm's product facilitates seamless coordination of bookings, simplifies access management through integrations with leading access systems, and ensures smooth financial transactions with integrated accounting and payment solutions. The company caters to various industries, such as coworking spaces, municipal administrations, event management, educational institutions, associations, sports facilities, and social services.

The company generates revenue through its monthly subscription, which costs EUR 159 per month for scale and EUR 474 per month for volume.

The company plans to use the December 2023 funding to further develop its cloud-based platform and establish more partnerships with cities and municipalities.

## Funding rounds

- Seed, Dec 14, 2023, $1.3M — VENTIS, Scalehouse Capital

## Investors

- VENTIS (https://capitalatlas.ai/funds/ventis) — Seed
- Scalehouse Capital (https://capitalatlas.ai/funds/scalehouse-capital) — Seed