Digital SaaS platform how.fm packs up $5.4 million to digitize warehouse workers’ training

May 26, 2022 | 2 minutes read

German digital SaaS platform how.fm grabs $5.4 million to offer best-in-class training to warehouse workers

Founded in 2019 by Andreas Kwiatkowski and Farhoud Cheraghi, the digital SaaS platform enables warehouse operators to onboard, upskill, and support workers across different industries in a hassle-free manner. Moreover, the training platform also includes orientation, pre-onboarding, health and safety, job-related skills, and work instructions to assist the workers in every way possible. 

The SaaS training platform has secured $5.4 million in a round led by Join Capital. Other investors in the funding round were former investors Kindred Capital, Capnamic Ventures, ex-Amazon UK CEO Cristopher North and Forto CEO Michael Wax. Along with, angel investors such as Allegro CEO Francois Nuyts and Andrej Henkler. 

The platform offers the best training solutions to workers without any language restrictions, ensuring safety, compliance, quality, and continuous improvement. The company also claims to reduce the churn rate by 5% across its customer base. how.fm aims to deliver the most up-to-date training to the warehouse workers that helps increase productivity and efficiency. 

how.fm co-founder and CEO Andreas Kwiatkowski while stating the purpose of bringing how.fm to life said:

“how.fm aims to streamline the process of repetitive staff onboarding and management – in each individual employee’s native language. This allows senior staff to focus on the most valuable areas of the business.”

With so many benefits tied to developing a business model based on SaaS, business owners are in the race to start the SaaS business to stay ahead in the market. 

New how.fm board member and founding partner of Join Capital Jan Borgstädt shared:

“The logistics industry is under immense pressure to deal with the constant increase in e-commerce, and most logistics contractors have very antiquated onboarding processes. We liked the execution power that drives the founders as well as their positive resonance within Join’s network, who, recognised the potential added value in their day-to-day logistics operations.”

The newly acquired funding will be used to drive the company’s recruitment process to enhance the size of its commercial team in Cologne and London.