3 French start-ups to put an end to paper contracts
After Novapost last week, Contract Live has just raised funds
The French start-up Contract Live has just completed a round of 1 million euros with the investment fund of the Poutrel family, Jean-Marc Tasseto, former CEO of Google Francedu, and various entrepreneurs. “Our goal is simple: to become the new Salesforce for contracts,” explains Mathieu Lhoumeau, president.
One year after its launch, the company claims 3,000 client companies in some sixty countries, including some major accounts such as Bosch, Siemens, Lagardère, or Free. To intensify the marketing of its solutions, the start-up is opening its first office in the United States, in San Francisco, this month. The company thus hopes to build on its participation in Ubi IO, and its selection among the 6 finalists of the World Cup Tech Challenge.
Its offers range from 29.99 euros per month to 89.99 euros depending on the level of control in the management of amendments, the export of data or the customization of the management of the desired roles and automation (automatic generation of contracts, automatic sending of invitations, management of subsidiaries, etc.). “We have a single platform, which allows companies to manage their contracts from A to Z on the cloud. No more exchanging word files by email during a negotiation, or sending paper mail for signature. Everything is done electronically and securely with the same value as a paper signature ”according to Mathieu Lhoumeau.
Founded in 2010 by Mathieu Lhoumeau and Florian Parain, the two founders were able to convince big names to join them. We thus count on the advisory board of the company Maxime Lombardini, president of Iliad, the parent company of Free, or Vincent Mercier of Roland Berger.
The startup Novapost, which publishes a SaaS platform for dematerializing HR documents (signing contracts, pay slips, etc.) last week raised funds of 17.5 million dollars, or just over 13 million euros. Novapost brings in Accel Partners, the investment fund of Spotify, Facebook, Dropbox or 99Designs. Kernel Investissements (the structure of Pierre Kosciusko-Morizet in particular) and Alven Capital, historical investors, also participated in the round.
Novapost today claims 150 customers using its SaaS solution PeopleDoc, the name also chosen by the company to establish itself in the American market. Novapost focuses on companies with an international dimension, such as GDF-Suez, Total or Canal +, and helps them to facilitate and streamline the management and processing of HR documents in the cloud. The company, which announces that it will double its turnover each year, intends to open its next markets in Great Britain and Germany. It is already present in New York and Boston.
Based in Caen, the start-up Yousign designs and develops and offers electronic dematerialization solutions. Targeting companies of all sizes, it focuses less on human resources to encompass all sectors of activity.
Antoine Louiset, one of the two co-founders of the company, explained in our columns in October 2013 that his products allow “sIgnore all types of documents (contracts, quotes, order forms, etc.) directly online and archive them for 10 years. The goal is to save time, money, productivity and simplify processes ”. ‘ “No technical knowledge is required to sign a document” as they are “usable from any device (smartphones, tablets, etc.)”. The packages start on a basis of 15 signatures, to increase to an unlimited offer.
Find out more: The startup of the day: Yousign, an electronic signature to simplify business life
In the United States, Adobe bought the firm Echosign, specializing in electronic signatures in 2011, since renamed Adobe Echosign. There is also SignNow, a Californian start-up and, of course, the Salesforce juggernaut, or DocuSign which recently raised over $ 85 million for a valuation greater than $ 1.5 billion. The latter claims 95,000 corporate clients in more than 180 countries.
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