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Mendo raises €12M in Series A funding led by Ventech and Educapital to enhance enterprise AI adoption across Europe.

PRIVATEJun 11, 20264 days ago

Amount Raised

€12 Million

Round Type

series a

FranceSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingComputer Vision

Investors

OvniTomcatEducapitalVentech

Description

Mendo has secured €12 million in Series A funding to support its growth in enterprise AI adoption. The round was led by Ventech and Educapital, with participation from Tomcat and OVNI. The funding will be used for product development, team expansion, and market growth in Europe. Founded in 2021, Mendo aims to bridge the gap between AI technology and practical business applications.

Company Information

Company

Mendo

Location

France

About

Mendo is a French startup founded in 2021 that assists enterprises in adopting generative and agentic AI technologies. The platform bridges AI tools and users, enabling organisations to transform AI investments into measurable business outcomes. Mendo focuses on identifying practical AI use cases, fostering team adoption, and maximizing the value of AI initiatives. Their approach aims to integrate AI deeply into everyday workflows for sustained impact.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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