Workwize, an Amsterdam-based leading platform for global IT hardware asset management, today announced that it closed €12.6 million in Series A funding to fast-track integration of AI-driven automation.
The funding round was led by Klass Capital, with continued support from early-stage investors Peak and Graduate Entrepreneur Fund.
According to Workwize, this investment will enable them to become the first platform to fully automate the IT equipment lifecycle—from procurement and deployment to retrieval and disposal.
“IT teams worldwide are overwhelmed by the inefficiencies of managing equipment for distributed teams. They waste valuable hours on manual, repetitive tasks and getting caught up in complex vendor management,” said Michiel Meyer, CEO and co-founder of Workwize. “This investment further solidifies our vision of a barrier-free future where managing a global workforce becomes effortless and enables IT workflows to shrink from hours to minutes through smarter automation.”
Co-founded in 2021 by Michiel Meyer, Victor Dik, and Sebastiaan Scholten, Workwize was built to simplify IT asset procurement, onboarding, and offboarding for a distributed workforce. The platform provides employees with individual budgets to order IT equipment, peripherals, and ergonomic furniture. Workwize operates in 100+ countries, managing over 100,000 devices for 25,000+ users. Companies like Elastic, EQT, and HelloFresh are among those included in their client portfolio.
The new funding will also enable Workwize to launch a U.S. office and double its headcount – both by 2025.
A recent survey conducted by Workwize of over 150 global enterprises revealed that 48% of IT leaders prioritise ‘operational efficiency and automation.’ According to Workwize, their platform cuts IT management time from 27 hours to just 10 minutes per employee for tasks like procuring, deploying, managing, retrieving, and decommissioning IT equipment.
Traditional IT hardware asset management platforms provide a centralised record of the locations and status of IT equipment, but moving equipment still relies heavily on manual interventions by IT teams.
An illustrative example: If an overseas employee needs a laptop repair, an IT manager must coordinate with multiple international vendors: sending a shipping label and packaging to the employee, booking the repair, arranging and configuring a replacement laptop, seeking cost approvals, and more.
Once fully automated, Workwize’s AI-driven platform aims to automate the entire lifecycle of IT equipment, eliminating the need for labor-intensive interventions. Workwize improves the efficiency and scalability of repetitive tasks so that IT teams can focus on strategic initiatives.
The company provides its customers with flexible delivery options, including pre-configured laptops with Mobile Device Management (MDM) from local warehouses, ensures compliance with standards like ISO, repurposes phased-out equipment, prioritises sustainability, and certifies services to wipe, recycle, or resell IT assets.
This leads to significant time savings and reportedly delivers an experience that is ten times more efficient, allowing IT teams to be completely hands-off.
“Our investment in Workwize reflects our strong belief in its ability to revolutionize IT management for an increasingly global workforce that demands streamlined solutions,” said Will Anderson, Managing Partner at Klass Capital. “Workwize provides the efficiency and scalability modern enterprises need to thrive in today’s dynamic, borderless business environment.”
Read the orginal article: https://www.eu-startups.com/2025/01/workwize-raises-e12-6-million-to-become-the-first-platform-to-fully-automate-the-it-equipment-lifecycle/
