The Venture Codex

Participated · Equity · Jul 2024

iSYBUY offers a cloud Source-to-Pay solution that centralizes, automates and optimizes procurement from supplier sourcing and tenders to order placement and invoice approval. The platform automates invoice verification, produces procurement KPIs, and enforces configurable business rules to reduce administrative work and ensure regulatory and ESG compliance. iSYBUY integrates with partners and ERP vendors (examples cited include PEERSGROUP, KPMG, AXYS, KAORA PARTNERS, SAGE X3, CEGEDIM and YOOZ) to support deployments. The company was founded in 2016 by Mélanie Lehoux and today serves more than 100 ETIs. It grew activity by 70% in 2023 and currently generates about 10% of its revenue from the Benelux, Spain and Switzerland. iSYBUY plans to use new funding to double headcount to roughly 60 employees and to hire marketing, commercial, IT, consultants, Customer Success Managers and support staff while accelerating international expansion.

Participated · Equity · May 2022

Cegedim Santé consolidates several Cegedim subsidiaries (CLM, RM Ingénierie, Médimust, and Maiia/Docavenue) to deliver interoperable healthcare software and services across the care pathway. The unit supports about 100,000 healthcare professionals and employs some 1,300 people nationwide in France. Its core offerings include the Maiia appointment scheduling and telemedicine suite, the Claude Bernard medication database, and ownership of Kobus Tech and RESIP. Cegedim Santé accounted for 12% of Cegedim Group’s revenues in 2021. The company plans to accelerate growth and product integration by acquiring telemedicine pioneer MesDocteurs and by partnering with major social protection groups. These moves are positioned to support France’s Ma Santé 2022 digital-health objectives and to leverage Cegedim’s sovereign cloud to drive sector digital transformation.

Participated · Series A · May 2021

Zaion develops voice‑centric conversational AI products—Callbots, Chatbots, Voicebots and Messagingbots—aimed at improving customer experience, automating repetitive high‑volume conversations, and reallocating higher‑value calls to human advisors. The company operates an R&D center called Zaion Lab focused on Voice AI (speech recognition), Conversational AI (NLP) and Paralinguistic AI (gender, age, tone and emotion detection). Zaion says it tripled recurrent revenue in 2020 and handles more than 1 million inbound calls per month. It has 100 Callbots in production across five languages and three countries, and serves about 50 key accounts across insurance, healthcare, banking, telecoms and other sectors. The company had 80 employees at the time of the article and planned to double its workforce by the end of the following year. Using the new funding Zaion intends to accelerate its European internationalization and further develop its AI solutions.