The Venture Codex Logo

The Venture Codex

Edenred

14-16 boulevard Garibaldi, Issy-les-Moulineaux, Ile-de-France, 92130, France

Overview

Edenred is a services and payments platform and the everyday companion for people at work, connecting 50 million employees and 2 million partner merchants in 46 countries via more than 850,000 corporate clients. Edenred offers specific-purpose payment solutions for food (meal vouchers), fleet and mobility (fuel cards, commuter vouchers), incentives (gift vouchers, employee engagement platforms) and corporate payments (virtual cards). These solutions enhance employee well-being and purchasing power, improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. Edenred’s 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more user-friendly every day. Our employees vibe with a passion for customer service, respect, imagination, simplicity and the entrepreneurial spirit that are Edenred’s values. For everyone who wants to experience that vibe, who needs it in their professional life, we want to be the best company to come and work and develop each person who takes part in the Edenred adventure

Total investments
3
Lead investments
0
Investments · 12mo
0
Active investors
8

Sector focus

  • B2B
  • Commercial
  • Employee Benefits
  • Financial Services
  • Human Resources
  • Information Technology
  • Service Industry
  • Social
Visit website

Investment portfolio

  • Volteras

    Participated · Series A · May 2025

    Volteras builds virtual connective tissue that lets plugged-in EVs offer battery capacity back to the grid while exposing connected-car features such as remote unlocking and telematics. The company integrates with automakers’ APIs and sells those functions to other businesses. It charges corporate customers a monthly fee per connected car and passes a portion of that revenue to automakers. Aggregated cars can operate as virtual power plants, giving utilities quickly dispatchable distributed power. Volteras says it works with more than 30 automakers, including Ford, BMW, Tesla, Stellantis and Volvo, and aims to cover roughly 90% of the automotive market worldwide by the end of the year. The startup is pursuing customers such as utilities, fleet managers, EV routing apps and insurers to unlock usage-based services and new revenue streams. Volteras builds an API platform that aims to be the connective tissue between EVs and the surrounding energy and charging ecosystem, linking cars, chargers, home batteries, retailers and mapping apps. The company charges OEMs and energy retailers for API access while promising not to harvest or sell user data. Volteras says its platform enables utilities and retailers to perform functions such as load balancing and optimized charging when customers opt in. The startup has partnered or hooked up with OEMs and energy firms including Mercedes, BMW, Volvo and Enphase. Volteras has operated under the radar for about three years and is led by founder and CEO Peter Wilson. Financially, it closed a roughly $2.9M seed round valued at around $12M.

  • Candex

    Participated · Series B · Nov 2023

    Candex provides a tech-based master vendor platform that enables enterprises to onboard, manage compliance for, and pay thousands of small and one-time suppliers across multiple jurisdictions and currencies. The company operates in more than 50 countries and in 2025 supported well over $1 billion in payments to vendors through its platform. Candex's solution consolidates tail vendor information, automates compliance, and can reduce a company's vendor master by as much as 80%, according to the company. Its platform is used by hundreds of large multinationals, including Diageo, Danone, Roche, and Sanofi. Candex is co-founded by Jeremy Lappin (CEO) and Shani Vaza (Chief R&D Officer) and is focused on expanding global infrastructure and regional coverage, particularly in Asia, as it scales.

  • Lucky Cart

    Participated · Equity · Feb 2015

    Lucky Cart offers an AI-based SaaS platform that personalises promotions for retailers and suppliers to optimise the performance of their promotional investments. The platform analyses transactional data using artificial intelligence and econometrics to personalise the promotional mechanic, eligibility thresholds, and validity periods of offers. The company says retailers and suppliers in France dedicate more than €10 billion to promotion each year and that 61% of promotions are a loss. Lucky Cart operates in France, Germany, Austria, The Netherlands, Belgium and the United Kingdom and serves more than 150 clients, including Intermarché, Casino, Carrefour, Unilever, Procter & Gamble, Pepsico, Henkel and Nestlé. The startup says its approach can deliver a return on investment of "4 or 53" while improving customer loyalty through personalised buying experiences. The recent funding will be used to invest in R&D and deploy the solution to key actors in the grocery sector in France. Lucky Cart is a French startup that provides a "promogaming" promotional solution for online retailers. Its product places a small lottery on the order confirmation page, letting customers play for a chance to win a refund equal to their shopping cart. The company says shoppers prefer that game-based option over small discounts, helping merchants create appealing promotions while controlling operating costs. Major French retailers such as Cdiscount and PriceMinister already use the solution. Lucky Cart has raised €1.6 million from Partech Ventures, Kima Ventures, Venture Pleiades, Fa Diese and Edenred and plans to use the funding to expand across Europe, grow its sales team and develop a SaaS platform. The fundraising and strategy were discussed by founder Cyril Marchal in an interview with Frenchweb.fr.

Team

  • Elie du Pré de Saint Maur

    Executive Vice President, Marketing and Strategy

    LinkedIn
  • Jean-Romain Lhomme

    Administrateur - Director

    LinkedIn
  • Dimitris Litsikakis

    Project Manager & Business Developer

    LinkedIn
  • Philippe Dufour

    Executive Vice President, Alternative Investments

    LinkedIn