Oddo BHF, et al. inject €10m into Wizbii

Oddo has acquired a minority stake in the business through the transaction.

Wizbii will use the fresh capital for its product development, as it intends to expand its offer in student finance, insurance and health through partnerships with specialists from these industries.

In September 2014, CapHorn Invest, Michel Meyer and Laurent Metzger structured a growth funding round for Wizbii, along with historical shareholders BPI France, the Grenoble Angels, La Banque Populaire des Alpes, Olivier Heckmann, Véronique Di Benedetto and Vincent Gentile. The funding amounted to €1.6m and was intended to help the company build its leadership network.

Company
Established in 2010, Wizbii was originally created as an online platform dedicated to job hunting.

Today the professional social network for students and graduates aged 18-30 years old encourages people to find jobs and internships, and young entrepreneurs to launch their startup projects.

The company has expanded its services over the years and now offers online courses, training in language certifications, foreign language learning and driving license courses.

The business, based in Grenoble, currently serves the French, German, Italian, Spanish and UK markets, and has 200,000 members.

People
Wizbii – Benjamin Ducousso (CEO).
Oddo BHF – Philippe Oddo (managing director).

Advisers
Company – Clipperton (corporate finance); Peyret Gourgue & Associes (legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• France
• Consumer
• France