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SWILE
SWILE (formerly: Lunchr) is a French app-based company that focuses on improving the employee experience. Among others, the platform offers meal vouchers, gift vouchers, mobility vouchers, and business travel solutions. In March 2020, it was renamed SWILE and entered the lunch break and meal voucher market. History The company was founded as Lunchr by Loïc Soubeyrand in 2016. Originally, Lunchr was an app for pre-ordering lunch on the spot or to go. In January 2017, the company raised €2.5 million in seed funding from Daphni. In 2018, the company raised €11 million (series A) from Idinvest, followed by another €30 million in February 2019 (series B), notably from Index Ventures and Kima Ventures. In January 2020, Lunchr became one of the first startups to join the French Tech 120. A few months later, in March, Lunchr diversified its services, adding team life management tools and changing its brand name to Swile. In June 2020, the company raised €70 million more in ...
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Series A Round
A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their sec ...
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Series B
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the primary stimuli for the development of new companies and technologies. Features Parties *Founders or stakeholders. Introduce companies to investors. *A lead investor, typically the best known or most aggressive venture capital firm that is participating in the investment, or the one contributing the largest amount of cash. The lead investor typically oversees most of the negotiation, legal work, due diligence, and other formalities of the investment. It may also introduce the company to other investors, generally in an informal unpaid capacity. *Co-investors, other major investors who contribute alongside the lead investor. *Follow-on or piggyback investors. Typically angel investors, high-net worth individuals, family offices, instit ...
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Index Ventures
Index Ventures is a European venture capital firm with headquarters in both San Francisco and London. It invests primarily in tech companies. History Index Ventures has its origins in a Switzerland, Swiss bond (finance), bond-trading firm called Index Securities, founded by Gerald Rimer in 1976. In 1992, Rimer recruited his son Neil to join the firm, launching a technology investment arm that evolved into Index Ventures. Index Ventures was officially founded in 1996 by Neil Rimer, David Rimer and Giuseppe Zocco. It began investing in Israel in 2003, and by 2005 raised €300 million for its third fund. Two years later, it raised an additional €350 million for its fourth found, which focused 15 to 20 percent on investing in Israeli companies. The sixth fund raised €350 million from investors in 2012 and focused on investments in Europe, the United States, U.S., and Israeli tech startups. In 2017, it raised €400 million for its seventh fund, focusing on companies in Europ ...
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French Tech
French Tech is an accreditation awarded to French cities recognized for their startup ecosystem. It is also a name used by technologically innovative French businesses throughout the world. Convinced by the necessity to promote the emergence of successful start-ups in France to generate economic value and jobs, the French Government created the French Tech Initiative at the end of 2013. Its philosophy: build on member initiatives of the French Tech themselves, highlight what already exists, and create a snowball effect. It is a shared ambition, propelled by the State but carried and built with all the actors of the French tech company and start-up scene. The French Tech initiative also has a transversal objective: to enhance the coherence of public actions in favour of startups. It does not create a new organization or a new public tool, but is carried by a small team, Mission French Tech, which works closely with the French Ministry of Economy and Finance, the Ministry of For ...
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Carrefour
Carrefour Group, S.A. (, ), is a French multinational retail and wholesaling corporation headquartered in Massy, Essonne, Massy, France. It operates a chain of hypermarkets, grocery stores and convenience stores. By 2024, the group had 14,000 stores in 40 countries.. It is the seventh-largest retailer in the world by revenue. History The first Carrefour shop (not a hypermarket) opened in 1960, within suburban Annecy, near a crossroads (junction), crossroads (hence the name ― ''carrefour'' means ''crossroads'' in French). The group was created in 1958 by Marcel Fournier, Denis Defforey and Jacques Defforey, who attended and were influenced by several seminars in the United States led by "the Pope of retail", Bernardo Trujillo. The Carrefour group was the first in Europe to open a hypermarket: a large supermarket and a department store under the same roof. They opened their first hypermarket on 15 June 1963 in Sainte-Geneviève-des-Bois, Essonne, Sainte-Geneviève-des-Bois, ne ...
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Emmanuel Macron
Emmanuel Jean-Michel Frédéric Macron (; born 21 December 1977) is a French politician who has served as President of France and Co-Prince of Andorra since 2017. He was Ministry of Economy and Finance (France), Minister of Economics, Industry and Digital Affairs under President François Hollande between 2014 and 2016. He has been a member of Renaissance (French political party), Renaissance since he founded it in 2016. Born in Amiens, Macron studied philosophy at Paris Nanterre University. He completed a master's degree in public affairs at Sciences Po and graduated from the in 2004. He worked as a senior civil servant at the Inspection générale des finances, Inspectorate General of Finances and investment banker at Rothschild & Co. Appointed Élysée Palace, Élysée deputy secretary-general by President Hollande after 2012 French presidential election, the 2012 election, Macron was a senior adviser to Hollande. Appointed Economics Minister in 2014, in the second Valls g ...
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