Natixis et al. invest €72m in Wynd
A consortium of investors has taken part in a €72m round for Paris-based Wynd, an omnichannel retail management software developer.
French investment bank Natixis, Belgium-based GPs Sofina and BNF Capital, and France-based business services provider Sodexo injected equity into the business.
The company intends to use the fresh capital to hire staff and pursue international expansion. Wynd will also accelerate the development of its artificial intelligence features and invest in R&D.
Previous funding
BPI France and Orange Digital Ventures first raised €1.8m for the business in 2014. Alven Capital and Orange Digital then took part in a €7m round for Wynd the following year.
The startup then raised €30m in a series-B funding round from Sodexo Ventures, Orange Digital and BPI France in 2016.
Company
Founded in 2014, Wynd is the publisher of an omnichannel software platform managing collection, orchestration and order preparation for companies operating in the retail, luxuries, leisure and commercial real estate sectors. The platform aims to simplify the convergence between digital and points of sales.
The business is based in Paris and has a headcount of 400. Sodexo, Orange, Galeries Lafayette, Carrefour, Total, Natixis and Monceau Fleurs are some of its clients.
People
Wynd – Ismael Ould (founder).
Natixis Payments – Pierre-Antoine Vacheron (CEO).
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