Entrepreneur Venture backs InsideBoard
French software-as-a-service (SaaS) platform InsideBoard has raised $5m, with backing from GP Entrepreneur Venture alongside debt providers BPI France and Banque Populaire Val de France.
This marks InsideBoard's first round of funding. Debt was provided by BPI France and Banque Populaire Val de France as part of the round.
The company is planning to double its workforce within a year and consolidate its international presence, especially in the US, which represents 50% of its market.
Company
French software-as-a-service (SaaS) platform InsideBoard was founded in 2014 in Neuilly-Sur-Seine. It provides a change management software based on artificial intelligence. It is currently based in Paris, San Francisco and New York.
Adecco, Deloitte, Peugeot, Citroën, Audi, Crédit Agricole and Banque Populaire are some of the startup's clients.
People
Entrepreneur Venture – Bertrand Folliet (CEO), Maourane Bahri (investment director).
InsideBoard – Michaël Bentolila (CEO); Yohan Bentolila (chief technology officer).
Advisers
Equity – Ideact Avocats, Maud Partouche (legal); 2CFinance, Benjamin Bitton (financial due diligence).
Company – Lerins & BCW (legal); Acetis Finance (corporate finance).
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