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Unquote
  • Expansion

Alven backs €2.5m series-A for Supermood

  • Oscar Geen
  • Oscar Geen
  • 20 February 2018
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Alven Capital has taken part in a €2.5m series-A funding round for Paris-based employee engagement software developer Supermood.

VC firm 50 Partners also took part in the financing, as well as Blablacar CTO Francis Nappez.

The fresh capital will be used for recruitment in order to double the workforce in the first half of 2018, and to boost the company's technological development.

Supermood

  • DEAL:

    Expansion

  • VALUE:

    €2.5m

  • LOCATION:

    Paris

  • SECTOR:

    Software

  • FOUNDED:

    2015

  • STAFF:

    12

Previous funding
Supermood's initial funding came from 50 Partners and startup accelerator Numa.

Company
Supermood was founded in 2015 by Kevin Bourgeois and Robin Nicollet. Its subscription-based software is used to collect and analyse employee feedback. The software uses algorithms to analyse text and pick up on commonly occurring problems to assist management. Supermood already has 100 clients including Axa, Total, Fnac-Darty and Manpower. The company employs 12 people.

People
Alven Capital – Jérémy Uzan (partner).
Supermood – Kevin Bourgeois (CEO); Robin Nicollet (CTO).

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