Proxem raises 1 million euros to accelerate semantic analysis

by bold-lichterman

The French start-up Proxem, specializing in semantic analysis, has just raised 1 million euros from Odyssée Venture. Founded in 2007, this company develops a solution that collects and analyzes data in order to obtain actionable information.

Operating in the form of a web application called Ubiq, the Ubiq platform analyzes, for example, consumer opinions, press articles or even HR documents, indicates the company. Features that can be used to improve customer knowledge (satisfaction points, etc.) or even analyze a market (competition, etc.).

Auchan among customers

Seven years after its creation, the company, which has around twenty employees, claims major accounts among its customers, including Auchan, Carrefour or Total. To get paid, the company markets its solution with Saas subscriptions.

With this new investment, the company wants to accelerate its internationalization and strengthen its R&D. “Thanks to this first fundraising, we will be able to start a new page in our history and move up a gear, particularly on the technological and commercial level. Indeed, the software improvements and the integration of innovative functionalities will allow new types of users to analyze the very large volumes of textual data generated by their activity and transform them into immediately activatable information, ”says François- Régis Chaumartin, founder and managing director of Proxem.

Founder: François-Régis Chaumartin

Creation: 2007

The head office : Paris

Launch of the Ubiq platform: 2011

Activity: semantic analysis

Funding: € 1 million raised in March 2016