Brevo: French Marketing Startup Reaches Unicorn Status

by Archynetys Economy Desk

By raising 500 million euros, Brevo becomes the new French unicorn, the company announced on December 4. This start-up specializing in the automation of communications between VSEs/SMEs and their customers thus brings its valuation above a billion dollars. General Atlantic, an international investor, and Oakley Capital, a European investor, take a stake in the company. Bpifrance and Bridgepoint remain minority shareholders. “The fundraising will allow Brevo to continue its investments in AI, accelerate its growth in the United States and intensify its mergers and acquisitions strategy,” said a press release. France has around thirty unicorns including Doctolib, MistralAI, Qonto and BlaBlaCar.

Related Posts

Leave a Comment