Several tech startups in Paris have outdone themselves in 2018 with impressive funding rounds and are slated to grow tremendously in the following year. Here are ten top Paris startups for 2019 that show a promising future.
A city in the running to be the French startup capital, Paris is growing at an unmatched rate as a startup ecosystem. The city is home to more than 4,000 startups and is a significant investment magnet. The tech sector especially is soaring in this startup ecosystem.
Top Paris Startups to Watch out for 2019
Voodoo is a top startup in Paris in the gaming segment and has raised an estimated $200 million till date. This amount was secured from Goldman Sachs in the startup?s first and only funding round so far. Voodoo is a leading mobile game publisher company that boasts of the most number of per-day download globally. The Paris based startup was co-founded by Alexandre Yazdi and Laurent Ritter in 2013 and is planning to use the fresh funds received to help mobile game developers by creating a publishing hub.? Voodoo is among the top Paris startups for 2019 and also one of the highest funded companies this year in the tech sector.
Paris based startup Evaneos is an online marketplace that helps travelers and travel service providers to connect with each other. The startup?s platform is a reliable portal where international travelers looking for a personalized itinerary can find the best local agents. Evaneos is among the top Paris startups for 2019 and highly funded one of this year. Partech and Level Equity invested a total sum of $80 million in this top startup in Munich. Founded by Eric La Bonnardi?re and Yvan Wibaux in 2009, the travel tech platform has shown a steady growth in the recent years. The company plans to use the proceeds from the recent round for accelerating its expansion in new markets outside Europe.
A top startup in Paris, Ledger is an important player in the soaring cryptocurrency segment in the French metropolitan. The tech startup is a security solutions provider for cryptocurrency and blockchain applications. In January 2018, the Paris based startup raised $75 million in its Series B round of funding from lead investor Draper Esprit and eleven other supporting investors including Cathay Innovation and FirstMark among the others. Ledger?s plan to expand its operations to new international markets and for advancing R&D has made it one of the top Paris startups for 2019 that looks promising. The cybersecurity startup was co-founded by Eric Larchev?que, Joel Pobeda, Nicolas Bacca, and Thomas France and was incorporated in 2014.
Paris based startup Back Market was co-founded by Quentin Le Brouster, Thibaud Hug de Larauze, and Vianney Vaute in 2014. The French startup is an online marketplace for refurbished product sellers in a bid to reduce electronic waste. The products sold are restored professionally and include an array of personal technology products. The Series B round of the company has made it one of the top Paris startups for 2019 that is expected to accomplish a lot more with the fresh funds.
?41 million was raised in this round from lead investor Groupe Arnault and participant investors Eurazeo, Daphni, and Aglae Ventures.
Meero is an AI-driven photography platform that was set up in 2016 by co-founders Guillaume Lestrade and Thomas Rebaud. The French company is among the top Paris startups for 2019 that is slated for a notable growth with capital received from the recent funding rounds. IDinvest Partners and Alven Capital led the Series B round for the Paris based startup in July 2018 raising $45 million. Till date, the company has completed three rounds, raising total investments worth $63.4 million. Meero?s algorithmic image editing technology has made it a top startup in Paris which has scored over 40,000 users in such a short span of time. A new service that allows users to order videos has also been introduced by the creative startup recently.
ContentSquare is a Paris based startup that is helping its clients offer better user experience on their respective websites using cloud-based technology. The largest amount of funding for the French startup came from the Series B round held this year. ContentSquare secured $42 million helping it join the ranks of the top Paris startups for 2019 which comprises of some of the top funded startups in the city. Canaan Partners were at the helm of this round as lead investor and were supported by three other investors – Highland Europe, Eurazeo, and H14. The UX insights offered by the Paris based startup has got it boasting of a client list that includes brands like The Body Shop, Harvey Nichols, Avon, Tiffany & Co., and GoPro among the many others.
Platform.sh is a well established cloud-based tech company among the top Paris startups for 2019. The platform-as-a-service company is helping web developers increase their productivity with a novel cloud hosting approach. Partech led the Series C round of funding for this Paris based startup helping it secure $34 million with support from SNCF Digital Ventures, IDinvest Partners,? Hi Inov, and Benhamou Global Ventures. Platform.sh is a one-stop solution for cloud hosting needs. The rise of the company as one of the top Paris startups for 2019 can be accredited to the notable growth in customers and investments since its establishment in 2010 by co-founders Damien Tournoud, Fred Plais, Ori Pekelman, ?and Ryan Szrama.
This Paris based startup is a leading cloud-based phone solutions provider. AirCall was incorporated by Jonathan Anguelov, Olivier Pailh?s, Pierre-Baptiste B?chu, Thibaud Elziere, and Xavier Durand in 2014 and has risen to be a contender among the top Paris startups for 2019. Brands like Birchbox, UBER, VICE, and SeatGeek are some of the brands that have trusted AirCall for efficiently managing their calls and other aspects of the phone system.? The Paris based startup completed its Series B round of funding raising $29 million from lead investors NextWorld Capital and Draper Esprit. The Series B round also featured eFounders, Balderton Capital, and NewFund Capital.
Representing the agtech segment in our list of top Paris startups for 2019 is Agricool, an indoor farming company that grows its produce inside recycled shipping containers. This month, eight investors came together to invest a combined amount of $28 million in Agricool.? The Paris based startup aims at scaling its operations in Paris, rest of France, and Dubai with these funds to make indoor farming a popular concept. Agricool was co-founded by Guillaume Fourdinier?and?Gonzague Gru in 2015 raising $41.4 million till date and a promising company among the top Paris startups for 2019.
This top startup in Paris has raised $34.4 million till date from three funding rounds, with the largest round being the Series B round that was completed in September 2018. Kayrros is a leading data analytics company in France?s startup ecosystem that caters to the international energy market. The Paris based startup raised $24.4 million in the Series B round from Primwest, Index Ventures, Korelya Capital, Marcel van Poecke, and Cathay Innovation (lead investor). The journey to become a top startup in Paris began in 2016 when it was founded by ?Antoine Halff, Antoine Rostand, Jean-Michel Lasry, Alexandre d’Aspremont and Laurent El Ghaoui, all of whom brought the best of industry expertise to the table.
These top Paris startups for 2019 have piqued the interest of several startup players who are now watching for any exciting developments from these companies. Paris is expected to see more such dynamic startups in the coming years especially as a part of the French government?s plan to make France the ?country of unicorns?.
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