Paris Launches 7th Class with New CEO and 50% Female Founders, 4 Alumni Announce Funding
Last week, our Paris-based accelerator kicked off its 7th class with 8 late-stage startups. For this new batch, we received exceptionally high quality applicants, including a very high number of female-founded startups.
Perhaps a large volume of female applicants is something we should expect to see more of, especially given that Paris was recently listed by Forbes as one of the leading cities for female entrepreneurs.According to the 2015 Global Startup Ecosystem Rankings, 21% of Paris-based entrepreneurs are women. However, our new Paris accelerator class counts an even higher proportion of female-founded startups, with 50% founded by women.
We are incredibly pleased to welcome the following startups to the Microsoft Ventures family:
|ClicData – The Lille-based startup provides customers with a cloud-based solution that makes reporting easier, more reliable and data-focused. The company counts clients like Rad and Wildfire PR and the founding team includes Canadian entrepreneur Telmo Silva and Hélène Clary.|
|HelloAsso – This Bordeaux-based startup is the leading French platform for charity funding and has already helped several thousand non-profits and charities raise over €13 million. The company itself has already raised €1 million in funding and has a unique business model that is donation- rather than commission-based. Founders Ismael Le Mouel and Léa Thomassin recently launched the platform in partnership with Orange in the Ivory Coast, making it the first crowdfunding platform in Africa.|
|Paymytable – The Paris-based startup recently launched its payment solution, which allows restaurant customers to pay their tabs through the company’s mobile app. The young startup founded by Cédric Guérin and Maxime Thibaut recently launched its product but is already available in 3 cities – Paris, Toulouse and Montpellier – with many more to come soon.|
|Snapkin – Based in Montpellier, this startup develops an interior 3D modeling tool for the construction industry. 26-year-old founder Jérémy Guillaume has already raised €600K and is already in the process of securing another round of funding for the team.|
|BrandAnalytic – This Paris-based startup develops a collaborative brand protection solution to prevent counterfeiting. The young team has already secured some big name clients, including Lacoste.|
|Dartagnan – This Lille-based team develops a SaaS solution to optimize marketing campaigns, making emails, banners & landing pages more responsive. The company, founded by Christine Richard, has already secured €1 million in funding and works with clients like Orange and Air France.|
|Edit-Place – This startup from Lyon is already a leading marketplace in content creation and translation, offering solutions that help increase traffic (SEO) and visibility. Founded by Julien Wolff and Marie Fouris, this company has already worked with leading clients – including Yahoo & Expedia – and offers translations in over 30 languages.|
|MonkeyTie – Based in Paris, this team has developed a recruitment platform where personality and cultural fit are given just as much consideration as experience. Coca Cola, Credit Agricole and the French Ministry of Labor are amongst the organizations to have already adopted MonkeyTie’s solution.|
In addition to these 8 new companies, the Paris Accelerator is also pleased to announce the arrival of new CEO in Residence, Pascal Fite. This engineer-turned-investor has incredible experience, including most recently having founded his own startup. Pascal also brings with him an incredible energy and optimism about the new batch of startups and the French ecosystem: “It’s a great time to be an entrepreneur in France. I’m really looking forward to working with our eight new teams and this new generation of entrepreneurs that will follow in the footsteps of success stories like Blablacar.”
Just as with the previous batch, this accelerator class will have a strong focus on helping the selected companies to raise between €500K-€2M (and more) for their companies. In fact, within the last 2 weeks, 4 startups from previous Paris classes have announced solid rounds of funding with top investors: Kokoroe, Deepomatic, Les Grappes & Airdoc.
One of these companies included education marketplace, Kokoroe, which has an all-female founding team. Korkoroe's investors - who happen to be some of France's best known business angels - actually learned about the company when its founders pitched at Demo Day in February of this year. Their pitch was featured on French TV program Capital (M6), and shortly thereafter the team was contacted by several investors. The company recently announced a €250K round with French billionaire Xavier Niel, Deezer-founder Daniel Marhely, and Facebook's Julien Codorniou.
We are looking forward to sharing more great news with you in the coming weeks. For now, join us in welcoming our new startups and congratulating our newly funded teams!