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Sopht raises €3.3M round to accelerate commercial development and triple its portfolio of key accounts

Jun 04, 2024about 1 year ago

Amount Raised

€3.3 Million

Round Type

seed

LyonSoftware

Investors

Axeleo CapitalTernelPlug&PlayEvolemWind CapitalClimate ClubRing Capital

Description

Sopht, a French software provider, has raised a €3.3M round with participation from impact investors Ring Capital and Climate Club alongside historical investors Wind Capital, Evolem, and Plug&Play. This funding will be used to significantly accelerate its commercial development in Europe, triple its portfolio of key accounts, and reach the symbolic figure of 1 million tons of CO2 under management within four years.

Company Information

Company

Sopht

Location

Lyon, Auvergne Rhône Alpes, France

About

Sopht is a French software provider that analyses and optimises a companies’ compute usage. It currently has around twenty clients in France and internationally, including BNP Paribas, VINCI, ADECCO, VEOLIA, and EDENRED.

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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