News
FLOWDESK OBTAINS THE DASP REGISTRATION
Flowdesk, one of the major liquidity providers and trading technologies developers, is the first crypto market-maker to obtain the DASP registration from the AMF (under registration number E2021-019). Mandatory for the expansion of Flowdesk’s activities, notably to continue their work to propose innovative trading technologies, the registration is a quality guarantee for institutional investors looking to get a regulated exposure to the digital asset markets.
Flowdesk, first crypto liquidity provider to obtain the DASP registration
Flowdesk is the first french company proposing market-making services and a specialized trading desk on digital assets to obtain the DASP registration (N°E2021-019) to legally conduct their activities. Introduced in 2019 by the PACTE law, the DASP status requires respecting strict guidelines regarding AML (Anti Money Laundering) and CFT (Combating the Financing of Terrorist). Since its inception, Flowdesk is committed to these guidelines and has applied them diligently to their operations.
“Since the beginning of Flowdesk, our priority has been to develop our activities while keeping the regulators’ recommendation in sight. With the support of our technical and legal advisors, as well as our Compliance division led by Anne-Sophie Cissey, we were able to quickly file our registration’s request and obtain the authorization to pursue the development of our activities”. Paul Bugnot, COO of Flowdesk.
Flowdesk is registered for the following activities:
- Digital assets custody
- Purchase/sale of digital assets for legal tender
- Exchange of digital assets for other digital assets
Flowdesk, the one-stop-shop for digital asset markets
Started in April 2020, Flowdesk was founded by four French entrepreneurs in the hope to promote French technical excellence to develop specialized trading services on the digital asset markets and bridge the gap between traditional and digital finance. After a successful first round of funding with business angels and the French VC ISAI, Flowdesk has deployed a complete trading infrastructure that connects to all major exchange platforms (examples: Paymium, Binance etc…) to offer global access to the digital asset liquidity, as well as brokerage services to its clients.
Flowdesk's market-making technology helps crypto projects and exchanges platforms to improve their liquidity and market structure by providing an all-in-one solution covering all markets (exchanges, hedging, and brokerage services). Additionally, Flowdesk develops specialized tools to securely access the crypto-asset markets, designed for traditional finance professionals, notably investment funds seeking to integrate crypto into their strategies with a plug-and-play solution. As of today, Flowdesk is leveraging its financial infrastructure to efficiently execute more than 100,000 orders per day.
Answering the increasing demand from institutional investors.
A strict legal framework is necessary to enable traditional finance actors to start looking towards digital asset markets. In parallel with its activities, Flowdesk is additionally working with the regulatory authorities to provide regulatory watch and education, in the hope to prepare for the next regulatory evolutions.
Anne-Sophie Cissey, Compliance Officer of Flowdesk, adds: “the regulatory framework is constantly evolving, and we are convinced that this is going in the right direction, but we should anticipate these changes. It’s a sine qua non condition for the institutional investors to start looking into the digital asset markets and its promises.”
About Flowdesk
Founded in April 2020, Flowdesk is one of the major market-makers and digital asset liquidity providers in Europe, and the first to be regulated in France. Developing a complete trading infrastructure using the latest cloud technologies and developing proprietary tools, Flowdesk proposes market-making, best execution and brokerage services in the best conditions by accessing the global crypto liquidity. Only one year after its creation, the company already counts 15 collaborators, and continues its expansion by proposing specialized and regulated services to answer institutional investors’ needs.
Contact
press@flowdesk.co
ZELROS RAISES $11M IN SERIES A FUNDING TO BRING AI-POWERED RESPONSIBLE INSURANCE DISTRIBUTION TO NORTH AMERICA
French insurtech startup paves a path to automation and innovation for insurers
MONTREAL, Canada and PARIS, France - February 24, 2021- Zelros, the industry’s first AI-driven platform dedicated to advancing insurance distribution, today announced the successful close of an $11 Million Series A financing round, bringing the company’s total funding to date to $16.5M. Silicon Valley-based BGV led the round with new participation from ISAI Cap Venture and Plug and Play. Historical investors HI INOV, 42CAP and astorya.vc also participated in the round.
The Zelros AI business platform offers insurers, bancassurers, and policyholders a more efficient, fluid, and personalized way to distribute and receive products and services. The platform continuously learns, adapts, and improves its capabilities in real-time, offering insurance advisors and agents a streamlined and semi-automated experience from product/service needs discovery and sales to underwriting. It also allows insurance providers to offer policyholders fully automated, advisor-free subscriptions options. This enables incumbent industry leaders to compete with both fast-growth, technology-first insurance startups and tech behemoths heavily investing in insurtech. The company will use the funding to scale operations across Europe and expand into North America, strengthening its leadership position in the insurtech space.
“Digital transformation is fundamentally changing how businesses operate, and with insurtech funding reaching an all-time high of $7.1 billion in 2020, the insurance industry is no exception,” said Christophe Bourguignat, co-founder and CEO, Zelros. “At Zelros, we focus one hundred percent of our attention on developing AI-driven technology to improve and advance the insurance industry. We’re passionate about helping insurance players transform into technology-first companies, and the support of BGV, Capgemini, and all of our investors will empower us to accomplish our mission.”
Following a $5.5 Million seed round of fundraising in 2018, Zelros has experienced two consecutive years of triple-digit revenue growth, expanded its operations across three countries, and grown its team by over 350 percent to 50 employees. In 2020 alone, Zelros software reviewed over 20 million policyholder-specific situations and issued over two million personalized recommendations. The company currently works with 15 of the leading insurance providers in Europe, including BPCE, AXA, Crédit Agricole, MAIF, La Banque Postale, AssurOne, +Simple, across property and casualty (P&C) and life insurance business lines. Zelros also works closely with insurance regulators to promote usage of fair and transparent AI, and has published its own open standard for ethical, enterprise-grade AI to pave the way in this field. Zelros’ co-founder and COO, Damien Philippon, will relocate and launch the company’s Montreal-based North American headquarters in Q3 2021. The company plans to hire five full-time employees at its North American location by the end of the year.
“Zelros is using AI to improve traditional insurance-industry standards and deliver immediate business value and ROI improvements for its customers. Their solution is helping insurance professionals to be more efficient and integrates smoothly into existing workflows while providing transparency on the final recommendation. This is exactly what we look for in the Enterprise 4.0 startups we invest in,” said Eric Buatois, general partner, BGV. “At BGV, our expertise lies in sourcing the best startups in hubs outside of the valley and helping them scale up globally. We’re thrilled to work together with Zelros to build their business in Europe, North America, and beyond.”
“The COVID pandemic and the digital revolution have forced insurers across the globe to rethink how they sell; even those who rely on agents and brokers to make the sale recognize the power of technology to enhance the productivity and effectiveness of the people who represent their brand. Zelros brings a powerful AI-based capability to the insurance sales process. Its machine learning engine identifies upsell and cross-sell opportunities at the point of customer interaction empowering agents to recommend the right insurance product to the right customer at the right time,” said Seth Rachlin, global head of property and casualty insurance for Capgemini
In 2020, Zelros landed on the INSURTECH 100 annual list of 100 of the world’s most innovative insurtech companies, was named one of 20 French startups to watch by Sifted, and was named to FirstMark Capital’s 2020 Data & AI Landscape annual report. For more information on Zelros visit: zelros.com.
About Zelros
Zelros develops the first AI software dedicated to the insurance distribution of tomorrow. It enables insurance players to offer a fluid and personalized experience from intelligent lead management through need analysis and advice to automated underwriting. Zelros solutions are used daily by advisors, agents, and managers of insurers such as BPCE, AXA, Crédit Agricole, MAIF, La Banque Postale, AssurOne and +Simple.
Contact information
Courtney Richard
zelros@bamtheagency.com
OPAL, THE DIGITAL WELLBEING APP RAISES $4.3M IN A SEED ROUND
Opal is your go-to app for Digital Wellbeing. Join thousands of people saving time daily, experiencing more productivity, better sleep, lower stress, and better focus each day. Our app uses a science-backed approach to disconnect distractions from your phone, set intentions, schedule time off, and focus on what matters to you.
We're happy to share that we've raised $4.3M in a seed round led by Nicolas Wittenborn at Adjacent (Speechify, Reflectly, Revenuecat, Photoroom), including Speeinvest, Harry Stebbings, Steve Schlafman, Alex Zubillaga, Kevin Carter (Snap, Pinterest, GroupMe), ISAI, Thibaud Elziere (eFounders, Front, Mention), Jean-Charles Samuelian (Alan), Alban Denoyel (Sketchfab), Secocha, and others to make digital wellbeing more accessible to everyone, through more balanced screen-time and mindful activities.
Over the last 6 months, we've been testing our iOS app in beta with busy people all over the world and have helped them save an average of 2 hours per day on social media, news, and other distracting apps. We've also helped them develop a healthier and more conscious relationship with their phone. If you'd like in on the action (or the lack thereof), download the app from https://opal.so
Why Opal?
In 2020, the average US adult spent 13 hours daily on screens in Q1 2020, or 83% of waking hours (assuming 8 hours of sleep), and "doomscrolling" was officially added.
Phones can make us happy, but lately we spend more waking hours on screens than not and that's not healthy. Social apps and other big companies constantly build their products to be as addictive and as distracting as possible and self-control alone is not enough to fight that.
Spending time on these apps can lead to a lot of good things, but we spend more time on them than we'd like and we also unintentionally open them all the time. Scrolling mindlessly for hours has become the new normal and we've settled for too long.
Read our manifesto for more.
How Opal Works
Opal is on a mission to rewire our screens for mindfulness and keep you in control of how much time you spend on them.
Unlike screen time metrics and other apps, we don't make you feel bad or guilty about your screen time but make you happy about the time that you do choose to spend on a screen.
We do this using a couple different methods:
identify and block distractions
set intentions when you do want to use distracting apps
use apps on timers and set gentle reminders
completely lock yourself out of distracting apps for a set time when you really need to focus or be with loved ones
set schedules throughout the day to keep distractions away or even at night so you actually sleep instead of being on your phone
learn about our screen time, identify patterns of behavior and our different emotional states
receive personalized nudges that will help us find balance each day
receive support from friends
Opal is the only thing keeping me focused on deep work days — Zach
See more tweets from people who love us here.
Screen time affects all of our lives. Opal is the perfect app for people looking to reduce their daily screen time, but also for people who want increased focus, less stress, and better sleep. Using proprietary technology, Opal can disconnect distractions on your phone and help you stay on track.
You can start Opal for short sessions of 5, 10, 60 minutes, or throughout the entire day in the background. You can also schedule focus sessions throughout the week where apps will automatically be blocked. For example during your Sleep, Work, Morning, Study schedules. Opal will fit with your schedule and adapt to your life.
BENEFITS
Save up to 4 hours each day
Reduce stress
Improve productivity at work
Unplug with family and friends
Better Sleep and Mornings
Improve focus when you need it most
100% Guilt-Free and Private
FEATURES
Disconnect distracting apps on your phone, for short sessions of 5, 10, 60 minutes or throughout the day in the background.
Set a timer and write your intention before using apps.
Focus timer that blocks distracting apps without any way to bypass.
Schedule focus time daily where apps will automatically start blocking. For example during your Sleep, Work, Morning, Study schedules.
Check your progress with “Time Saved”. Every time Opal blocks a distracting app we calculate time you saved. "Blocked distractions'" will let you know each time Opal prevents a distracting app from connecting.
CREATE A PERSONALIZED APP LIST
You can add or remove Apps and Websites that qualify as distracting directly from Opal settings in the app. You can find settings by tapping on the settings icon.
We all need different things, you can enable 100+ apps to Opal, including most popular:
Facebook
Instagram
Snapchat
TikTok
YouTube
Netflix
And 100s of others including News, Adult, Gambling categories.
UNIQUE TECHNOLOGY
We use Apple's local VPN technology in order to monitor and disconnect apps you use. Installation is easy and takes a few seconds on your iPhone.
PRIVACY COMES FIRST
Unlike most apps, Opal works entirely on your phone and personal browsing data never leaves your device. You can read our privacy policy in depth here.
OUR CHALLENGES AHEAD
The mission is huge: we want to define digital mindfulness, helping millions develop a healthier and more balanced relationship with screens.
If you're not afraid to take on a trillion dollars industry based on stealing attention, in order to push the conversation further and make technology about people's happiness, join us! We're hiring in engineering, design, product, and other roles.
Who Are We?
We're a small, fully remote team across 4 continents working together on Slack and Loom to make this happen. Say hello 👋🏼
Kenneth Schlenker, Founder & CEO
Matt Davenport, Lead iOS Engineer
George King, Senior iOS Engineer
Amrith Shanbhag, Community Lead
Anton Balitskyi, Lead Designer
Bernard Bontemps, Growth Associate
Joanna Tasmin, Product & Growth Intern
Randy Perecman, Product & Software Engineer Intern
Christine Launay, Executive Assistant
Images & Creative Assets
We’ve created a folder with all the brand assets and screenshots for your convenience.
You can download it here.
Contact Information
For more information or press inquires, please contact:
Kenneth Schlenker, CEO
IK, ISAI AND LSA’S MANAGEMENT ENTER EXCLUSIVE DISCUSSIONS WITH BLACKFIN
IK Investment Partners (“IK”) is pleased to announce that the IK Small Cap II Fund has entered exclusive discussions to acquire a majority stake in LSA (“LSA” or “the Company”) from BlackFin Capital Partners (“Blackfin”). ISAI will be joining IK by acquiring a minority stake, alongside LSA’s CEO, Bertrand Liber and management. Financial terms of the transaction are not disclosed.
Founded in 1970, LSA is a leading online insurance brokerage platform providing Property & Casualty (P&C) cover for individuals and small businesses in France. The Company specialises in automotive insurance products for non-standard risks, leveraging the prominence of its main brand Assurpeople.com and its fully digital customer experience. LSA covers the whole value chain of insurance products, including acquisition, subscription, contract and claim management through its proprietary IT platform.
Over recent years, LSA has diversified its offering, notably towards animal health insurance with the brand Fidanimo, and more recently by launching Airbag, a wholesale broker specialised in decennial civil liability insurance products for construction professionals. LSA is led by Bertrand Liber, who joined the Company in 2008 and became CEO in 2015. The Company currently employs 135 people based in its headquarters in Rueil-Malmaison and manages over 180,000 contracts in close partnership with leading insurance companies operating in France.
The transaction represents the 15th investment from IK’s €550 million Small Cap II Fund, raised in 2018.
Bertrand Liber, CEO of LSA said: “LSA team and I are delighted to be partnering with IK, a leading private equity firm in Europe. The team brings impressive credentials in the insurance brokerage sector and has significant experience in helping companies like LSA scale up and grow while ISAI will be the perfect partner to leverage our tech-positioning. I sincerely would like to thank everyone at BlackFin for their help over the last five years in supporting the change of scale and the diversification strategy.”
Arnaud Bosc, Partner at IK and advisor to the IK Small Cap II Fund said:
“We have been impressed by LSA’s remarkable track record of growth and the quality of the management team. Having carved a profitable segment of non- standard automotive risks, the Company stands to benefit by applying its digital model to other underserved segments of the market. We look forward to working with Bertrand to develop a platform for further growth.”
Christophe Poupinel, Partner at ISAI said: “LSA perfectly matches the investment strategy of our fund ISAI Expansion: an InsurTech with a dynamic growth, a recognised expertise and a strong focus on digital. We are delighted to work with IK and look forward to supporting the business in its next chapter of growth.”
Bruno Rostain, Partner at BlackFin said: “We have had a fantastic journey with LSA over the last five years and sincerely enjoyed working with Bertrand. Now is the right time for a new partner to come on board and we wish LSA every success in working with IK.”
About IK Investment Partners
IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €13 billion of capital and invested in over 140 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit www.ikinvest.com
About ISAI
Launched in 2010, ISAI Gestion is the French Tech entrepreneurs’ fund gathering more than 300 entrepreneurs across the world. ISAI, authorized by French regulator AMF, can fund and support high potential companies at early stages (venture capital, €150k to €3M initial tickets with ability for follow-on rounds) or at more mature stages (growth equity/LBO, €5M to €30M investments). Follow ISAI at www.isai.vc
About Blackfin
BlackFin is a sector-focused private equity manager, specialized in Financial Services across Europe. The firm’s investment strategy focuses on asset-light businesses in the financial services sector such as payments, independent financial advisors, wealth and asset management, insurance and credit brokerage, business process outsourcing or administration, capital markets and financial technology. BlackFin Capital Partners is a fully independent firm, founded in 2009 by four partners with a demonstrated track record as managers and entrepreneurs in the financial industry. The operational DNA of the firm stems from this experience. Altogether the team consists of 30 experienced professionals operating out of three offices in Paris, Brussels and Frankfurt. BlackFin manages in excess of €1.8bn, across three sector-focused buyout funds, and a VC fund dedicated to Fintech investments.
About LSA
Established in 1970, LSA Courtage is a leading online insurance brokerage platform specializing in P&C products in France for individuals and small corporates, which are distributed under its own brands or under white label. The company’s 135 employees work in support of the largest insurers in the French market with extensive underwriting and management capacities. LSA distinguishes itself by its particularly strong position in underserviced areas of the market as well as its use of new technologies in insurance distribution and management. For more information visit www.lsa- courtage.com
KOYEB RAISED €1.4M FIRST ROUND TO SUPPORT YOUR SERVERLESS JOURNEY
Original blog post
Koyeb simplifies serverless application deployment and data-processing with a unified experience for containers, functions, and ready-to-use integrations. Koyeb is designed for the cloud-native world with native continuous deployment and GitHub integration, all combined with the ability to use the Cloud and API providers of your choice.
We've seen massive interest in the Koyeb technology from engineers and companies wanting to spend less time operating complex infrastructures and streamline the development of new features.
At a time where data is everywhere, Koyeb provides strong primitives for data-processing and realtime event-driven processing capabilities to build reactive, data-driven, applications.
We're happy to provide 1000 hours of compute, 1TB of storage, and 5TB of bandwidth per month for free until the end of the year! Get your account now!
More Than Money: Experience
We started one year ago as a team of three cloud veterans. When we started fundraising, we knew exactly what we were looking for with this pre-seed round: angel investors and entrepreneurs with proven experience in the Cloud Computing industry and an international vision to help us grow and expand Koyeb.
This investment will be used to structure our core team and support our growing community. The Koyeb platform is completely developed by our in-house engineering teams to offer unique and innovative features.
This €1.4M investment will allow us to build a strong foundation in the upcoming year to address our business users' needs. We are building a first-class engineering team to support developers and companies relying on Koyeb for high-performance production usage. Want to build the cloud? Join us now!
The Lineup
We selected entrepreneurs, CTOs, and angel investors with substantial experience in the cloud industry to join Koyeb. This round was led by Juliette Mopin from ISAI, the fund backed by more than 250 tech entrepreneurs, and is primarily composed of successful angel investors:
Zachary Smith, Co-Founder of Packet and Managing Director Bare Metal, Equinix
Justin Ziegler, CEO of SaaS Partners, Co-Founder and former CTO of Priceminister
Alexis Lê-Quôc, Co-Founder and CTO of Datadog
Xavier Niel, through Kima Ventures, Entrepreneur and majority stakeholder in Iliad (Free, Scaleway)
Sébastien Lucas, Co-Founder of Oxalide
Hank Vigil, through AceCap, Former Senior Vice President Strategy Microsoft
Marc Jalabert, Former General Manager Microsoft
Amirhossein Malekzadeh, Co-Founder and former CEO of Logmatic.io
Philippe Besnard, Managing Partner Fast-Up Partners and Co-Founder of Quantum Advertising
Eric Ouisse, Co-Founder and CTO of Ziwo
Dominique Vidal, Partner at Index Ventures and former Managing Director of Yahoo Europe
Fabrice Bernhard, Co-Founder and CTO of Theodo
Plug and Play Ventures, the ultimate innovation platform.
We're proud to be surrounded by successful entrepreneurs and a leading Venture Capital fund.
Applications are now hybrid multi-cloud by default. I'm excited by Koyeb and the focus that the founding team has on making it easier, faster and more secure for the next wave of developers to develop, deploy and lifecycle applications across infrastructures.
Zachary Smith, Co-Founder of Packet and Managing Director Bare Metal, Equinix
Over the past years, cloud development got more and more complicated. Many agree it has become a new branch of computer science that requires highly trained and highly experienced engineers. Koyeb makes cloud development simple again. Koyeb removes the pain of managing servers, VMs, or even containers. Thanks to Koyeb, developers can focus on business logic, assembling pieces of code, and seamlessly deploying them. Koyeb deals with the infrastructure and moreover the scaling and high availability of the infrastructure.
Justin Ziegler, CEO of SaaS Partners
The last decade has seen the emergence of an incredible amount of new cloud technologies with increased fragmentation of the tech stack. Koyeb brings simplicity to developers when the Cloud environment is becoming inherently more complex.
Alexis Lê-Quôc, Co-Founder and CTO of Datadog
Looking Forward
After spending the 2010s decade building Cloud Service Providers, we spent the last year researching and building in the multi-cloud and serverless space. We started with the vision that multi-cloud would shape the next decade. One year later, we're strong believers that this is where the Cloud Industry is heading. Cloud Service and API providers all have different specialties to solve a variety of needs. Multi-cloud is not an end. It's a tool that allows developers and companies to work more efficiently by leveraging better features and the most cutting-edge technologies on the market.
On the other side, serverless is a huge cloud computing trend, which we believe will become the primary technology to deploy new applications. It completely abstracts complex virtual machine and container production architectures thanks to native, highly-available, and scalable deployments. Serverless reduces operational complexity and increases development speed by orders of magnitude.
Koyeb fits at the intersection of these two spaces, serverless and multi-cloud, providing users the right platform and indispensable tools to navigate these major industrial trends.
All the features of the Koyeb Cloud Platform are currently available for free in preview. Request your free account now!
ISAI CAP VENTURE PARTICIPATES TO COPADO'S $26M SERIES B LED BY INSIGHT PARTNERS
Copado Raises $26 Million to Accelerate the Delivery of Digital Transformation in the New Unpredictable World
Demand for digital agility and visibility during uncertain times fuels the hyper growth of native Salesforce DevOps platform backed by international investment leaders
Chicago – June 18, 2020 – Copado, a leading native DevOps platform for Salesforce, today announced $26 million in series B funding, bringing the total raised to $47 million. The oversubscribed round was led by existing investor Insight Partners who led Copado’s Series A round, with participation from existing investor Salesforce Ventures and new partners, Lead Edge Capital, ISAI Cap Venture (Capgemini and ISAI joint fund), and Perpetual Investors. Copado will use the new funding to expand global distribution and accelerate product innovation, including its new DevOps analytics platform, DevOps 360.
The impact of COVID-19, distributed virtual workforces and an unpredictable economy are forcing companies to adopt DevOps platforms to digitally transform their businesses. These seismic events have redefined executive expectations on the speed, quality and visibility their technology investments must deliver to enable rapid business pivots and effectively disrupt markets.
Copado continues down a path of exponential growth and has expanded operations globally with programs to train more than 10,000 DevOps professionals by the end of 2020. Last year, Copado more than doubled its revenue and tripled its global headcount. More than 500 customers, including Amgen, Conga, Cox Communications, KUKA, Linde, Orange S.A.,The Coca-Cola Company and the U.S. Department of Veterans Affairs, trust Copado to help deliver digital transformation projects on time with the highest levels of trust and quality.
“Using DevOps to deliver high-quality software releases with speed and trust is more critical than ever as companies adjust to a COVID world,” said Nikitas Koutoupes, Managing Director at Insight Partners and Copado board member. “Remote work and digital customer engagement are the new normal. DevOps helps delivery teams increase release velocity and quality to support new digital strategies. By bringing those tools to Salesforce -- the #1 customer relationship platform -- Copado is fast becoming a must-have technology for any company looking to meet the demands of accelerated digital transformation. We are thrilled to continue our partnership with the Copado team as they scale to deliver the in-demand tools and training for the fourth industrial revolution.”
“We are thrilled to strengthen our relationship with Copado and look forward to helping accelerate its growth,” said Terence Goudriaan, Head of the Digital Customer Experience practice in Europe at Capgemini. “Copado’s ability to provide a consistent development and deployment process and being the single source of truth for delivery, combined with Capgemini’s expertise in managing complex digital transformation programs is a strong assurance for client success.”
Copado is redefining how to measure success on the Salesforce platform with its data-driven approach to delivering faster, higher quality releases and improving trust across customer transformation projects. As Salesforce continues to lead the market in digital transformation, the technical sophistication and the size of the delivery teams continues to grow exponentially resulting in the need for a more disciplined delivery process based on DevOps best practices. Organizations that implement DevOps best practices have been shown to deploy more often, fail less often and recover faster.
“We are building a foundation for growth based on real customer pain points that we can successfully solve for nearly any Salesforce implementation,” said Ted Elliott, Chief Executive Officer for Copado. “It is a critical time for businesses in every industry. They need the native tools, the right staff, the intelligent analytics and the key performance metrics to optimize their digital transformation projects. Copado offers the complete package to successfully implement a digital go-to-market strategy for any company.”
Additional Resources
LinkedIn: https://www.linkedin.com/company/copado-solutions-s.l/
Twitter: https://twitter.com/CopadoSolutions
Copado blog: https://www.copado.com/learning/blog/
About Insight Partners
Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. For more information on Insight and all its investments, visit www.insightpartners.com or follow us on Twitter @insightpartners.
About Copado
Founded in 2013, Copado is a leading DevOps platform for Salesforce. For enterprises wanting to accelerate their Salesforce deployments, Copado simplifies the release process, increases developer productivity and maximizes return on investment. The platform is comprised of Agile Planning, Release Management and Compliance & Testing. Backed by Insight Venture Partners and Salesforce Ventures, Copado counts more than 250 enterprises as customers, including Fair Trade, MassMutual, Shell and Vlocity. With more than 50 million transactions per month, Copado has received the top rating of 100 percent positive feedback on Salesforce AppExchange. More information can be found at: https://www.copado.com/
FIRST CLOSING AT €90M FOR THE ISAI VENTURE III FUND.
10 years after launching its first fund (Blablacar, Evaneos, Stickyads...), ISAI announces the launch of its new early stage VC vehicle to support and fund French Tech entrepreneurs.
Paris, May 6th 2020. ISAI announces a €90M first closing of its third fund that will focus on the post-seed stage. This intermediary closing of ISAI VENTURE III, which took place during lockdown, confirmed investors' interest for the entrepreneur-backed VC model as well as for ISAI's investment strategy.
ISAI was able to rely on its historical investors, mainly the community of Tech entrepreneurs as well as institutional investors such as BPIFrance, Arkea, Quadrille or Idinvest.
This new fund is focused, as were the preceding funds, on digital startups (SaaS, marketplace, AI...). The team will remain, as it always has, very vigilant towards the capital efficiency of business models. This is one of the crucial factors that should enable ISAI's portfolio to cope well with the current crisis. It is also a key alignment factor between entrepreneurs and investors. ISAI VENTURE III, whose maximum size has been set at €120M, will invest as lead investor in around 20 businesses with tickets ranging from €1M to €3M, with the ability to undertake follow-on rounds. A separate pocket will be dedicated to seed funding, with 150k€ tickets deployed in a "Super Angel" manner. This fund is the sixth fund raised by ISAI, that currently has around €500M under management.
Jean-David Chamboredon, Managing Partner and co-founder of ISAI, explains: "We are of course proud of what we have accomplished during the past 10 years and we want to continue to contribute to the emergence of the biggest French Tech successes. The loyalty and involvement of our investors during these uncertain times is absolutely remarkable. I want to warmly thank those who have trusted us for a long time, and the few that joined our investor base during this closing."
"Crises are periods of profound change, during which great talents, innovative and disruptive project initiators, reveal themselves" emphasises Thierry Vandewalle, entrepreneur-investor that became General Partner. "Look at Stripe, Slack, Whatsapp, AirBnB, Github... all were created during the subprime crisis!"
True to its motto "festina lente" (Hasten slowly), ISAI will continue to act as the "sparring partners" of talented founders to enable them to progressively realise their ambitions.
"You don't necessarily need a lot of money to develop a product, test a market and validate a business model. We strongly believe that creativity is greater under constraint. However, once the models have been validated, our role is to help our portfolio companies to accomplish the finest fundraisings with the best french or international players" highlights Christophe Raynaud, co-founder and General Partner.
With a team mainly based in Paris and a New York branch, ISAI will reinforce its transatlantic approach in the years to come.
"For many digital start-ups, the reference market is the US. It's very important that we invest in US start-ups founded by French citizens in addition to supporting French start-ups in their North American expansion" underscores Pierre Kosciusko-Morizet, co-founder of ISAI and largest individual investor of this new fund.
About ISAI:
Launched in 2010, ISAI is « the » French Tech entrepreneurs’ fund gathering more than 300 entrepreneurs across the world. Roughly 250 successful entrepreneurs, who have invested in ISAI, and more than 50 startup cofounders supported by ISAI share the collective ambition to write great entrepreneurial stories. ISAI invests in differentiated projects founded by ambitious teams that it rigorously selects and actively supports.
ISAI Gestion, authorized by French regulator AMF, can fund and support high potential companies at early stages (venture capital, €150k to €3M initial tickets with ability for follow-on rounds) or at more mature stages (growth equity/LBO, €5M to €30M investments). Follow ISAI at www.isai.vc and on twitter @isai_fr.
Contact(s)
Kablé Communication –
Nolwenn Salaün : nolwenn.salaun@kable-communication.com - 06.68.41.54.32
ISAI CAP VENTURE PARTICIPATES TO INSIDEBOARD’S €25M SERIES B LED BY AXA VENTURE PARTNERS
Axa Venture Partners, Orange Ventures and ISAI Cap Venture, acquire stake in InsideBoard, the 1st platform for organizational change management.
Paris, April 29, 2020 – InsideBoard, the start-up vendor of the first SaaS platform for organizational change management based on Artificial Intelligence, raises 25 million euros from a second funding round (Series B) conducted by AXA Venture Partners, with the participation of Orange Ventures and ISAI Cap Venture, structured by Alpha Capital Partners with the support of his banking partners, thus joining forces with its old fund, Entrepreneur Venture, also present in this round.
“In the current context, we are very proud to be joined by investment funds of such international reach. This investment is a powerful signal that it is absolutely crucial for companies to engage their employees, massively and remotely, in achieving successful digital transformation and developing the skills of their human capital. The trust they have shown us endorses InsideBoard’s founding vision: businesses can only reinvent themselves if they use individual potential to boost collective transformation and the power of digital”, says Michaël Bentolila, co-founder and CEO of InsideBoard.
25 million euros to accelerate international growth
The funding will foster InsideBoard’s expansion abroad – particularly in the United States, and to support artificial intelligence-based product development and the empowerment of its consulting partners, with the coming launch of the latest version of its API. Lastly, it will allow the company to grow its teams more quickly – key to meeting demand and maintaining the very high levels of customer satisfaction, certified by ScoreFact independent organization, generated by the start-up since it was first created.
InsideBoard ambition: become the leading SaaS platform to engage teams remotely in the corporate transformation success
Businesses no longer have any choice: they must revolutionize their approach to change management if they are going to succeed. Until now, 75% of transformation projects failed, because they were based on a traditional approach to change management that focused primarily on training. With InsideBoard, businesses now have a single platform that provides all the key employee engagement drivers needed to secure transformation projects’ employee adoption, wherever they work.
The InsideBoard digital platform uses artificial intelligence and employs an objectives-based approach inspired by Google’s OKR (Objectives & Key Results) system, which motivates teams and rallies them around expected successful outcomes.
“InsideBoard’s artificial intelligence allows us to understand each employee’s particular engagement mechanisms and thus guide them, one step at a time, towards the achievement of their goals. Thanks to InsideBoard, employees can now connect up with their project communities, monitor their objectives and get involved in just the same way as they already do in their everyday applications”, says Yohan Bentolila, co-founder and CTO of InsideBoard.
InsideBoard is now a leading actor in the field of digital change management.
Gartner Consulting named the InsideBoard platform as a leader in the Digital Adoption Solutions segment, consisting of platforms that are crucial to the success of transformation projects. Software vendor Salesforce, meanwhile, awarded its 2020 French ISV Partner of the Year prize to InsideBoard, in the “Customer & Partner Success” category.
“The Covid 19 crisis will clearly change the way we work and will be a catalyst for the adoption of digital solutions to allow employees and teams to communicate better and companies to transform themselves faster. Change management is indeed a key element of success in the transformation of many companies. By bringing to the market the 1st SaaS change management platform based on artificial intelligence, InsideBoard is positioning itself today, in particular in the current context, as a benchmark solution for companies seeking to carry out major transformation projects, with the active involvement of their employees. We are very happy and proud as investors to lead this financing round and to support Michael and Yohan and their team in this journey. It is a key moment for InsideBoard, and we are convinced that they will have the same success internationally than the one they have experienced in France”, said François Robinet, Managing Partner, AXA Venture Partners.
“The need for companies to maintain a continuous link with their employees is becoming an evident priority in this unprecedented context. Digital transformation is the first answer, and it involves reinventing the processes from A to Z, changing habits and professional relationships. InsideBoard offers the most complete digital change management solution on the market. By bringing together all the essential building blocks (social, gaming, e-learning, KPIs) and placing each employee at heart of the action, their smart platform is the key factor for the success of transformation projects today. We are proud to announce our entry into the capital of InsideBoard and we look forward to supporting it in the next stage of its development and international growth”, said Rémi Prunier, Investment Manager at Orange Ventures.
Jean-David Chamboredon, Executive President of ISAI, said: “The market for change management platforms is still very fragmented between e-learning solutions, gamification, interactive guides, and collaborative business networks. InsideBoard offers a unified and personalized approach per employee allowing effective support and monitoring of change programs.”
Bertrand Folliet, Entrepreneur Venture Managing Partner, said: “After leading the first round of financing, we are happy and proud to continue our support for this talented team in their upcoming development stages, both in France and worldwide.”
Advisors:
Financial advisory: Alpha Capital Partners, Marc Oiknine
Legal advisory: Gide Loyrette Nouel, Pierre Karpik, Paul Jourdan-Nayrac, Marc Fournier
About InsideBoard
InsideBoard, a French Tech start-up founded in 2014 by brothers Michaël and Yohan Bentolila, is the 1st SaaS change management platform dedicated to continuously motivating employee adoption of digital transformation. It offers a revolutionary approach to change management, via a comprehensive solution based on unique artificial intelligence algorithms, supporting and guiding employees towards successful transformation, one step at a time. InsideBoard integrates with the main software tools on the market (Salesforce, Microsoft, Oracle, Ivalua, SAP, ServiceNow, etc.), and, together with its renowned consulting and integration partners, it successfully engages all the agents of a company’s transformation. With offices in Paris, New York and San Francisco and employing more than 80 people, Insideboard has 150,000 active users and its clients include such major companies as Covéa, PSA, Adecco, EDF, LafargeHolcim, Crédit Agricole and La Poste. For more information, go to: https://www.insideboard.com – Twitter: @insideboard_tw
About AXA Venture Partners
AXA Venture Partners (AVP) is a venture capital firm investing in high-growth, technology-enabled companies. AVP has built, in less than 5 years, a unique investment platform specialized in tech investments with $800 million of assets under management (“AUM”) through three pillars of investment expertise: Early Stage, Growth Stage and Fund of Funds. To date, AVP has invested in more than 40 Early and Growth equity deals and more than 20 Funds. The AVP team operates globally with offices in San Francisco, New York, London, Paris and Hong Kong. Beyond investments, AVP provides unique access to business development opportunities helping portfolio companies to scale globally and accelerate their growth. Visit our website at www.axavp.com
About Orange Ventures
Orange Ventures is an international 350 million euro multi-stage technology investment fund. It finances innovative startups in the areas of Orange expertise (Networks & IT, Digital Business, Cybersecurity, and Fintech) and beyond (Consumer platforms, E-gaming, Edtech, Health etc). Orange Ventures also has dedicated initiatives for impact investments and African and Middle East region. Supported by the Orange Group, the fund offers startups in which it invests access to the Group’s expertise and potential synergies with its numerous business units and 263 million customers in 29 countries. For more information, visit ventures.orange.com or follow on Twitter: @Orange_DV
About ISAI Cap Venture
ISAI Cap Venture is a 90 M€ investment fund, launched from the partnership between ISAI and Capgemini, to invest around the world in start-ups and scale-ups offering innovative solutions (SaaS, PaaS, IaaS, sustainable IT) aimed at large companies. The fund acts as a follower and co-investor into financing rounds led by other venture capital funds (Series A onwards) with an entry ticket between 1 and 5 M€. ISAI manages its investments in accordance with the rules and practices of the venture capital industry. Capgemini, as a business partner, facilitates client adoption of the innovative solutions, helping to accelerate the growth of start-ups and scale-ups in the portfolio. www.isai.fr
About Entrepreneur Venture
Founded in 2000, Entrepreneur Venture is an AMF and AIFM-approved independent management company specialising in unlisted companies, owned and managed by its founders. It manages several investment funds with assets under management of more than €850 million. A major player in equity and bond financing for SMEs, Entrepreneur Venture has carried out more than 190 investment transactions. The company’s philosophy is to go beyond the status of a provider of capital by supporting the managers of the supported companies in the strategic choices necessary for the successful development of their business. This is achieved by sharing the experience of the members of the investment team, by involving them in strategic thinking, and by giving them access to a network of qualified partners. For more information Entrepreneur Venture Website -Twitter: @EntVenture
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ISAI CAP VENTURE INVESTS IN TOUCAN TOCO, A SAAS BASED BUSINESS MANAGEMENT PLATFORM THAT USES DATA FOR STORYTELLING
Toucan Toco provides business driven insights to help organizations make transformational decisions
Capgemini and ISAI, through their joint investment fund ISAI Cap Venture, announced today that they have made their first minority investment in Toucan Toco, a data storytelling solution; this forms part of Toucan Toco’s first-ever round of funding of €12 million, led by Balderton Capital.
“Attracting a promising startup like Toucan Toco, shortly after the launch of the fund, confirms that the joining of forces between a professional VC and a strong business partner is a good value proposition,” said Lucia Sinapi-Thomas, Managing Director of Capgemini Ventures[1].
In a global Business Intelligence market expected to reach nearly $150 billion by 2025[2], data will become an even more critical path to strategic decisions. Therefore, the need for a better understanding of operations and related indicators will be at the heart of major transformational projects driven by CxOs. Created in 2014 and self-financed since then, Toucan Toco has become a significant player in the data industry, focusing on data storytelling, by facilitating the understanding of complex data through simple and collaborative applications. Toucan Toco makes business data and reports, the last milestone of the data value chain, available to all levels of a company mainly for non-technical decision makers to consume.
"We are pleased to invest in Toucan Toco as we know their value proposition will enable our Capgemini Invent and Insights and Data capabilities to create deeper collaborations with our clients to unlock the real value of data, especially in major transformational projects," said Etienne Piollet, Vice President at Capgemini Invent and Toucan Toco Business Sponsor. “Toucan Toco’s solution perfectly complements Capgemini’s approach and core competencies in driving innovation for clients.”
Capgemini and Toucan Toco have already demonstrated their ability to deliver joint value to common clients. Along with this investment, Capgemini will support Toucan Toco’s strategic agenda of accelerated growth in Europe and the US, leveraging the Toucan Toco solution as part of its global Insights and Data capabilities and offerings.
"By democratizing data storytelling, Toucan Toco has shown over the last 5 years that it is one of the up and coming main players in the software market. Thanks to our success, we are proud to be the first company chosen by the ISAI Cap Venture fund for investment. This partnership is one of the key pillars that will help us to accelerate growth in France, but also in Europe and in the United States,” said Baptiste Jourdan, Toucan Toco's Co-Founder and VP Europe / Head of Alliances.
About Capgemini
A global leader in consulting, technology services and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. It is a multicultural company of almost 220,000 team members in more than 40 countries. The Group reported 2019 global revenues of EUR 14.1 billion.Visit us at www.capgemini.com. People matter, results count.
About ISAI
Launched in 2010, ISAI is the Tech Entrepreneurs’ Fund and brings together a community of over 250 entrepreneurs around the world. Nearly 200 successful entrepreneurs, who have invested in ISAI funds, and more than 50 ISAI-backed start-up co-founders share the collective ambition of co-writing great entrepreneurial stories. ISAI invests in differentiated projects run by ambitious teams that it selects rigorously and actively supports.ISAI Gestion, an investment management company approved by the AMF, with over €400 million under management, aims to finance and support high potential Tech companies, initially French founders at seed/pre-series A stage (tickets from €150k to €5M) or when they have reached the break-even stage (Growth/LBO, tickets from €5m to €30m). ISAI CAP Venture is their new fund, in collaboration with Capgemini, focused on co-investing in early growth companies (Series A to D) anywhere in the world. More information on www.isai.fr/enThis document is not an offer of securities for sale or for investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. [1] Capgemini Ventures is part of Capgemini's approach to enabling its open innovation strategy: connecting the Group's large client organizations to a global ecosystem of innovation partners and start-ups, to create the most promising and innovative digital solutions for their businesses.[2] Based on Kenneth Research Global Business Intelligence Market report from April 2019
CAPGEMINI AND ISAI ANNOUNCE THE LAUNCH OF A FUND FOR B2B START-UPS AND SCALE-UPS
With Capgemini Ventures [1] , the Group adds corporate venturing to its Open Innovation strategy. Partnerships with portfolio companies will help create innovative digital solutions for its clients.
Capgemini and ISAI announce today the launch of a dedicated investment fund for B2B start-ups and scale-ups. With a target allocation of 90 million euros, this fund aims to take minority stakes in young technology companies who have developed innovative solutions, future leaders of the software industry (IaaS, SaaS, PaaS[2] ) and sustainable IT.
Managed by ISAI, the “ISAI Cap Venture” fund will target young companies around the world, and namely in Europe, having reached a stage of maturity that allows a joint commercial approach with Capgemini. It will co-invest into financing rounds led by venture capital funds (Series A onwards) with an entry ticket between 1 and 5 million euros.
Recognized for its ability to master the IT and organizational complexity of large international groups, Capgemini will facilitate client adoption of the innovative solutions, thus helping to accelerate the growth of the start-ups and scale-ups within the portfolio.
Under the partnership between Capgemini and ISAI:
•In the main, sourcing of investment opportunities will be done by Capgemini via the mobilization of the Group's employees and its worldwide network of "Applied Innovation Exchanges". ISAI will actively contribute through its access to the venture capital ecosystem across Europe and the USA.
•Following an initial selection based on the potential synergies with Capgemini, the "ISAI Cap Venture" fund will invest into 15 to 20 start-ups / scale-ups, by strictly following the rules and practices of the venture capital industry.
"Our close proximity to the Capgemini Group has allowed us to launch this fund with clear ground rules, enabling everyone to play their role. Capgemini will act as the business partner and growth accelerator for this portfolio of start-ups and scale-ups. We will be, as always, the venture capital investor structurally aligned with the interests of the young companies and their shareholders," said Jean-David Chamboredon, ISAI's Executive Chairman.
"This partnership with ISAI will enable Capgemini Ventures to be operational immediately in the venture capital ecosystem and to focus on the selection of investment opportunities and synergies creation with the start-ups and scale-ups in the portfolio," said Lucia Sinapi-Thomas, Executive Director of Capgemini Ventures.
This initiative is part of Capgemini's approach to innovation: connecting the Group's large client organizations to a global ecosystem of innovation partners and start-ups, to create the most promising and innovative digital solutions for their businesses.
"In the digital age, our clients are increasingly embracing open innovation and actively engaging with start-ups. They see Capgemini as a facilitator for the adoption of innovative technologies with the capacity to ensure rapid deployment on a large scale," comments Thierry Delaporte, Chief Operating Officer of the Capgemini Group. "As their innovation partner mastering their internal complexities, clients naturally expect the Group to invest alongside them in emerging technology solutions. Capgemini Ventures fulfils this expectation."
About Capgemini
A global leader in consulting, technology services and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. It is a multicultural company of over 200,000 team members in more than 40 countries. The Group reported 2018 global revenues of EUR 13.2 billion.
Visit us at www.capgemini.com. People matter, results count.
About ISAI
Launched in 2010, ISAI is the Tech Entrepreneurs’ Fund and brings together a community of over 250 entrepreneurs around the world.
Nearly 200 successful entrepreneurs, who have invested in ISAI funds, and more than 50 ISAI-backed start-up co-founders share the collective ambition of co-writing great entrepreneurial stories. ISAI invests in differentiated projects run by ambitious teams that it selects rigorously and actively supports.
ISAI Gestion, an investment management company approved by the AMF, with over €300 million under management, aims to finance and support high potential Tech companies, at the seed/post-seed stage (venture capital, ticket from €150k ticket to €2m with participations in successive rounds) or when they have already reached the break-even stage (Tech Growth/LBO, tickets from €5m to €30m).
More information on www.isai.fr/en
This document is not an offer of securities for sale or for investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice.
[1] Capgemini Ventures’ role within the Capgemini Group is to forge partnerships and investment initiatives within the innovation ecosystem
[2] Within the delivery of Cloud computing IaaS is Infrastructure as a Service, SaaS is Software as a Service, and PaaS is Platform as a Service
KEENSIGHT CAPITAL AND ISAI EXPANSION INVEST IN IVIDATA, A LEADING PURE PLAYER IN BIG DATA CONSULTING
Keensight Capital, one of the leading players in Growth Buyout and ISAI Expansion, the French Tech entrepreneurs' fund, announced the acquisition of a majority stake in IVIDATA, an IT consulting group specialized in Big Data and Artificial Intelligence services, alongside Etienne Aboulker, IVIDATA’s co-founder and CEO.
Founded in 2013 and headquartered in Levallois-Perret, IVIDATA is a leading consulting group covering the entire Big Data value chain, from strategy to UX, and including Data Science and Data Privacy services. IVIDATA’s one-stop-shop model offers a broad range of services structured around 5 areas of expertise:
- Big data expertise: digital transformation, data privacy and IT Big Data consulting and management;
- Data Management: Microsoft and Javascript, back and front-end application development;
- Digital services: digital strategy, communication and marketing;
- Infrastructure: Big Data, Cloud and DevOps architecture consulting and development
- Pharmaceutical/retail: biometrics, biostatistics and clinical trials for the pharmaceutical, cosmetics and food industries.
Thanks to its cross-disciplinary and multi-sector position, IVIDATA accompanies a diversified client portfolio which includes over 100 blue-chip companies such as Danone, France Télévisions, La Poste, Sanofi, Société Générale, Total and it maintains long-standing relationships with major pharmaceutical companies. Since its creation, IVIDATA has experienced very strong annual growth (+82% yearly since 2013) and it intends to sustain this fast-paced development.
IVIDATA has established a strong employer brand. Awarded Great Place to Work for three consecutive years, the company has succeeded in attracting talented consultants, and now works with more than 320 Big Data experts, of which 250 employees.
Keensight Capital and ISAI, leveraging their extensive experience in the digital, IT and Healthcare sectors, will support IVIDATA in the acquisition of companies with complementary offerings, and the launch of new high value-added services.
Etienne Aboulker, Chief Executive Officer of IVIDATA stated: “We are thrilled to partner with Keensight Capital and ISAI, who have demonstrated a comprehensive understanding of our business and core strengths. This partnership opens a very exciting new chapter for the company, as it will allow us to further enrich our value-added data services portfolio and to embrace worldwide digital transformation opportunities. We are convinced that joining forces will enable us to scale up substantially and to become the European leader in Big Data services within the next 5 years.”
Philippe Crochet, Partner at Keensight Capital, said: “We are delighted to team up with IVIDATA in order to pursue its growth strategy. Etienne is a visionary manager and we immediately shared his ambitions and human values. Our deep knowledge of the IT and Healthcare sectors, as well as our strong international network, will help IVIDATA to fully benefit from the fast-growing demand for Big Data services, a market which is expected to double over the next 10 years.”
Pierre Martini, General Partner in charge of the Tech Growth / Buyout funds at ISAI, added: “We are glad to partner with Etienne and Keensight Capital to take part in IVIDATA’s promising future developments. With its technological expertise, its strong entrepreneurial culture and the outstanding quality of its staff, IVIDATA is ideally positioned to take advantage of the steady growth of the Big Data market worldwide. We are determined to bring to the company all the support needed in order to roll out an ambitious development plan and thus to strengthen its technological leadership.”
***
IVIDATA
Founded in 2013 and headquartered in Levallois-Perret, IVIDATA is a leading consulting group specialized in Big Data and Artificial Intelligence services. IVIDATA’s one-stop-shop model covers the entire Big Data value chain, from strategy to UX, and including Data Science and Data Privacy services. IVIDATA accompanies a diversified client portfolio which includes over 100 blue-chip companies and it maintains long-standing relationships with major pharmaceutical companies.
More information on www.ividata.com - Twitter: @ividata
Keensight Capital
Keensight Capital, one of the leading European Growth Buyout firms, is committed to supporting entrepreneurs as they implement their growth strategies. For 20 years now, our team of seasoned professionals have leveraged their knowledge in investment and growth industries to invest for the long term in profitable companies with high growth potential and revenues in the range of €15 million to €250 million.
Drawing on its expertise in the Information Technology/Internet and Healthcare/Wellbeing sectors, Keensight identifies the best investment opportunities in Europe and works closely with management teams to develop and achieve their strategic vision.
More information on www.keensightcapital.com
Media Contacts
Anne de Bonnefon - abonnefon@keensightcapital.com- +33 1 83 79 87 37
Citigate Dewe Rogerson
Alienor Miens – alienor.miens@citigatedewerogerson.com - +33 6 64 32 81 75
Alexandre Dechaux – alexandre.dechaux@citigatedewerogerson.com - +33 7 62 72 71 15
ISAI
Launched in 2010, ISAI is the Tech Entrepreneurs’ Fund and brings together a community of over 250 entrepreneurs around the world.
Nearly 200 successful entrepreneurs, who have invested in ISAI funds, and more than 50 ISAI-backed start-up co-founders share the collective ambition of co-writing great entrepreneurial stories. ISAI invests in differentiated projects run by ambitious teams that it selects rigorously and actively supports.
ISAI Gestion, an investment management company approved by the AMF, with over €300 million under management, aims to finance and support high potential Tech companies, at the seed/post-seed stage (venture capital, ticket from € 150k ticket to € 2m with participations in successive rounds) or when they have already reached the break-even stage (Tech Growth/LBO, tickets from €5m to €30m).
More information on www.isai.fr - Twitter: @isai_fr
Media Contacts
Kablé communication
Catherine Kablé: catherine.kable@kable-communication.com - +33 1 44 50 54 75/ +33 6 82 25 73 85
UPFLUENCE, RAISES A 3,6M$ SERIES A.
UPFLUENCE, THE COMPREHENSIVE INFLUENCE MARKETING SAAS PLATEFORM, RAISES A 3,6M$ SERIES A.
ISAI BACK2SCHOOL PARTY 2018 !
Many changes in 2018 at Isai with new offices and a new fund ! But we continue the good old tradition of the Back2School Party ! Always great to spend a good time together with Isai Friends and Family before starting a new school year :-)
