InsideBoard, a French start-up specializing in digital change management, announced on April 29, 2020, that it has raised €25 million ($27 million) in a funding round led by Axa Venture Partners, with participation from Orange Ventures, ISAI Cap Venture, Entrepreneur Venture and Alpha Capital Partners UK. The company was founded in 2014 by brothers Michaël and Yohan Bentolila, with the aim of creating a platform to help employees evolve their skills in a personalized way.
The funds raised will allow InsideBoard to accelerate the international deployment of its platform and pursue its ambition to become the reference point for employees undergoing the same job transformation. The company plans to integrate with existing enterprise software to achieve this goal. CEO Michaël Bentolila explains that the company's platform helps create a link between employees undergoing the same transformation, to help them succeed.
The funding round is a significant milestone for InsideBoard, which has seen steady growth since its launch. The company's platform is already used by several major French companies, and it plans to expand its customer base globally. The investment from Axa and other major venture capital firms is a strong endorsement of InsideBoard's potential for growth and innovation in the digital change management space.
This funding round is the latest example of France's thriving start-up ecosystem, which has attracted increasing interest from international investors in recent years. With the support of major investors, InsideBoard is well-positioned to continue its growth and success in the years to come.