Vendredi has raised €4 million from Evolem Start, Inco Ventures, and business angels. The financial due diligence for Vendredi was conducted by Transaction Services - 2CFinance. The French start-up, founded by Felix De Monts and Julian Guerin, provides a SaaS platform for companies designed to increase employee engagement in social and environmental projects.
Vendredi's platform offers an innovative way for companies to encourage employee participation in projects that benefit society and the environment. The platform is designed to be interactive and engaging, making it easy for employees to get involved and contribute to meaningful causes.
The start-up has experienced strong growth since the COVID-19 pandemic, with its annual recurring revenue increasing from €350,000 at the end of 2020 to €1.2 million at the end of 2021. With this latest funding round, the company plans to expand its Software as a Service solution.
Evolem Start is a venture capital firm that invests in innovative start-ups, while Inco Ventures is a social impact investment fund focused on supporting companies that are driving positive change in the world. Business angels are private investors who provide funding to start-ups and early-stage companies.
Vendredi's latest funding round highlights the growing interest in companies that are committed to making a positive impact on society and the environment. The platform provides an innovative solution for companies looking to engage their employees in meaningful projects that benefit society and the environment.
