deeploi raises $6.5M to boost businesses through smarter IT management
deeploi, creators of a comprehensive IT management platform tailored for small and medium-sized enterprises (SMEs), has announced the completion of its $6.5 million seed funding round.
The round was spearheaded by European venture capital firm Atomico, with Cherry Ventures also participating as an existing investor. Since its €3 million pre-Seed round in March 2023, deeploi has seen rapid growth, acquiring over 30 customers and expanding its team to more than 20 employees across two offices. Andreas Helbig, a partner at Atomico, will join the deeploi board as part of this funding round.
In today's environment, where cyberattacks are increasing and data breaches are becoming more costly, effective IT management is crucial for every business. However, current IT solutions often address only specific aspects of IT needs and are primarily designed for professional IT administrators. This leaves SMEs, many of which lack the resources for a dedicated IT department, facing significant challenges, security risks, and costs in managing their technology. According to Atomico's research, approximately 60% of the 550,000 SMEs with 20-150 employees in Germany rely on non-specialists for IT management. These individuals, whose main roles are elsewhere, often find it difficult to navigate the complex array of IT tools available.
deeploi’s all-encompassing platform is designed to streamline an entire IT department’s operations, encompassing everything from employee onboarding and offboarding, device management, compliance, to cybersecurity. Users of the platform have reported significant efficiencies, including reducing onboarding times from hours to minutes and spending 80% less time on IT tasks. Additionally, deeploi’s team offers expert support, responding to ticket issues in under 30 minutes.
“For businesses without a specialist IT function and the “accidental IT admin” left to fill in, it can be a struggle just to ensure everyone’s laptop, software and security is up to scratch”, says deeploi co-founder Julian Lübke. “Automating these tasks saves businesses time and money, boosting productivity and growth.”
Philipp Hoffman, deeploi Co-Founder, added: “As the provider of IT management services in a past life, I saw how much stress IT management could cause and how much resource it consumed. But good IT is what keeps businesses running in the modern world. So I’m proud that we’re able to offer a holistic product that cuts costs - not quality.”
Atomico Partner, Andreas Helbig said: “Simple and safe IT management is mission-critical for all businesses. The status quo, where SMEs either have to outsource to Managed Service Providers (MSPs) or overwhelm and overburden their “accidental IT owner”, can’t be the future. Both founders of deeploi have known this problem first-hand: Julian through his experience of scaling businesses like McMakler and Philipp as the owner of an MSP, where he saw what was missing from the industry. We have been massively impressed by what they have built in not even a year since founding the company, and couldn’t be happier that they picked Atomico to be a partner on their journey.”
This latest funding round will go towards the expansion of deeploi’s product and engineering, IT support and Go-to-Market teams, and further developing the platform to fit the tech stacks of the modern, cloud-native companies deeploi serves.