Synthesio Raises 1.5M€ to Accelerate International Growth
Synthesio secures its first round investment of 1.5M € with Entrepreneur Venture. The funds raised will be used to accelerate its growth in its headquarters of France and internationally.
After initial fundraising made with ESSEC Ventures in 2006 and secondly, with Lior in 2007, Synthesio has raised 1.5M€ with Entrepreneur Venture. This investment is part of a first round of capital investments. The deal, coordinated by PAX Corporate Finance, has received strong interest from financial investors.
Founded in 2006, Synthesio provides SaaS solutions for Social Media Monitoring and Social CRM. The solutions, available in 30 languages and designed for large companies, include:
• Monitoring online brand reputation (blogs, Twitter, Facebook, news sites, etc.)
• Human Analysis of verbatim comments published by users and identification of trends
• Engagement with consumers, influencers and prospects through social media
“In five years, Synthesio has established itself as a major player in Social Media Monitoring in Europe. In 2011, we continued to innovate by creating Unity, a platform for real-time engagement, online community management and customer service on the social web. Today, the arrival of Entrepreneur Venture constitutes an essential step in positioning our products internationally”, stated Loic Moisand, co-founder of Synthesio.
Since its creation, the company has experienced rapid growth, and currently has offices in France, the United Kingdom and the United States. Today, Synthesio has nearly forty employees and collaborates with brands such as Nissan, Microsoft, Accor Hotels and Orange Telecom. The company plans on continuing to increase its headcount to enhance its sales, marketing and R&D departments in 2011 and 2012.
“Entrepreneur Venture is the right choice of institutional partner for us; they are an ambitious investment fund with a solid understanding of the operational issues of fast-growing companies such as Synthesio. Their financial support and international expertise will allow us to rapidly position our business into strategic markets, “said Thibault Hanin, co-founder of Synthesio.
About Entrepreneur Venture
Founded in 2000, Entrepreneur Venture is a financial institution, approved by the AMF, specialised in unlisted companies, and owned and operated by entrepreneurs. Entrepreneur Venture Capital has invested in 70 SMEs in 16 French regions. It manages two venture capital funds and 15 institutional local fund investments. It is now the leader of FIP ISF with over € 145 million raised to date.
About PAX Corporate Finance
Founded in 2003, PAX Corporate Finance is a specialist in fundraising and matchmaking enterprises. The firm combines, in an original approach, financial expertise with a vast knowledge of its clients’ businesses. Its areas of focus are computing, media, telecommunications, energy, medical technologies, healthcare, retail, luxury. The company has fifteen professionals based in Paris and a network of expanded international partners present on the main global economic zones.
Press Contact – Entrepreneur Venture
Annabelle Ledoux – tel. +33 (0) 1 55 35 07 72 – aledoux (at) capetcime (dot) fr
Press Contact – Synthesio
Sara Portell – tel. +33 (0) 1 44 77 89 10 – Sara (at) synthesio (dot) com