Category Archives: France Newsletter

ProcessOut improves payment data visualization

ProcessOut has grown quite a lot since I first covered the startup. The company now has a ton of small and big clients, from Glovo to Vente-Privée and Dashlane. The company has become an expert on payment providers and payment analytics. The core of the product remains the same. Clients sign up to get an overview on the performance of their payment systems. After setting up ProcessOut Telescope, you can monitor payments with expensive fees, failed payments and disappointing payment service providers. And this product is quite […]

Read more

ReachFive manages logins and accounts for e-commerce platforms

French startup ReachFive wants to become Stripe for account management. The company just raised a $10 million Series A funding round led by CapHorn Invest, with Dawn Capital and Ventech also participating — investment bank Avolta Partners handled the fundraising process. When you buy something on an e-commerce website or app, chances are those companies asked you to create an account before entering your address and payment information. ReachFive creates the login module for dozens of e-commerce and transactional companies. This isn’t just about storing an email […]

Read more

ManoMano raises $125 million for its home improvement e-commerce platform

French startup ManoMano is raising a new funding round of $125 million (€110 million). The company operates an e-commerce website and marketplace focused on home improvement and gardening. ManoMano is part of the great unbundling of general e-commerce platforms. By focusing on a vertical in particular, the company can provide a large product offering, competitive prices and better customer service. The platform generated $450 million (€400 million) in gross merchandise value last year. France is still its main market, but the company plans to become the dominant […]

Read more

Axeleo Capital raises $51 million fund

Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund. The accelerator is now called Axeleo Scale, while the fund is called Axeleo Capital. And it’s important to mention both parts of the business as they work hand in hand. Axeleo picks up around 10 startups per year and help them reach the Series A stage. If they’re doing well over […]

Read more

Meet eFounders’ next batch of startups that want to redefine the future of work

European startup studio eFounders has been relentlessly building new startups over the past few years. In 2019, the company plans to launch Bonjour, a demo tool for sales teams, Chilli, a recommandation service to help small and medium companies leverage modern software-as-a-service products, and Swan, a banking API to generate banking services on demand. If you’re not familiar with eFounders, the team regularly comes up with ideas for new software-as-a-service companies and hires founding teams. In exchange for financial and human resources, eFounders keeps a significant stake […]

Read more

This robot can park your car for you

French startup Stanley Robotics showed off its self-driving parking robot at Lyon-Saint-Exupéry airport today. While I couldn’t be there in person, the service is going live by the end of March 2019. And here’s what it looks like. The startup has been working on a robot called Stan. These giant robots can literally pick up your car at the entrance of a gigantic parking lot and then park it for you. You might think that parking isn’t that hard, but it makes a lot of sense when […]

Read more

Court dismisses Paris lawsuit against Airbnb for illegal listings

A court in Paris has dismissed a case against Airbnb, as Le Monde reported. Last month, the City of Paris sued Airbnb for 1,010 illegal listings. According to the mayor’s office, Airbnb failed to comply with regulation in Paris. Paris has been trying to limit the effect of Airbnb on the housing market in Paris. Paris is one of the top cities for Airbnb in the world. A few years ago, many people stopped renting their apartments the traditional way in favor of Airbnb. The average rental […]

Read more

France overhauls its special visa for tech talent

The French government has unveiled a complete overhaul of the French Tech Visa for employees working for a tech company. And France is taking a contrarian stance by making it easier to come work in France. Let’s start with the big number. According to French Tech Mission director Kat Borlongan, there are more than 10,000 startups that meet the requirements to access the French Tech Visa and hire foreign employees more easily. (And if you live in the European Union, you don’t need a visa, of course.) […]

Read more

Shift Technology raises $60 million to detect insurance fraud

Paris-based Shift Technology has raised another $60 million funding round. Bessemer Venture Partners is leading the round and existing investors Accel, General Catalyst, Iris Capital and Elaia Partners are also participating. Shift Technology is all about detecting fraudulent insurance claims. There are 70 insurance companies around the world relying on its product, such as MACIF in France, Axa in Spain, and CNA and HyreCar in the U.S. And given the size of those companies, it means that Shift Technology is processing a ton of claims every day. […]

Read more

Mirakl raises $70 million to manage the marketplace of your e-commerce website

French startup Mirakl raised a $70 million funding round. Bain Capital is leading the round with existing investors 83North, Felix Capital and Elaia Partners also participating. If you’ve bought a few products from a third-party seller on an e-commerce website that isn’t Amazon or Alibaba, chances are you’ve used Mirakl in the past. The company has built a solution to manage the marketplace of your e-commerce platform. While Mirakl doesn’t have a ton of customers, each customer is very valuable. The company has worked with some of […]

Read more
1 2 3 6