Skedda Receives Investment From Five Elms Capital

Skedda, a Melbourne, Australia-based provider of a management and scheduling platform, received an investiment from Five Elms Capital.

The amount of the deal was not disclosed.

The company intends to use the funds to scale the team and release additional products and features built to simplify the complexities of space management and scheduling.

Skedda is a management and scheduling platform, serving over 12,000 customers and nearly two million users. The company’s product serves customers across multiple verticals including workplace, academic, studio, and athletic settings with functionality including floor plan visualizations, space booking and management, utilization reports and analytics, and payments functionality, as well as integrations with key workplace tools like Microsoft365 and Google Workspace.

As part of the transaction, Mark Gentry will join Skedda as Chief Executive Officer, working alongside founders Jonathan Fagg, Ryan McBride, and Sam Maurus. Previous to Skedda, Gentry was Chief Operating Officer and President of former Five Elms portfolio company Service Fusion, which grew nearly 8x during his four year tenure.

FinSMEs

17/08/2022