New unicorn Brevo raises $583M to challenge CRM giants
20 Articles
20 Articles
This former start-up – it was created in 2007 – specialized in the digital management of the customer relationship, has just carried out the largest fund raising in its history, allowing it to achieve a value of 1 billion euros.
New unicorn, the French start-up specializing in e-mail or SMS campaigns is setting the course for the billions of revenue by 2030. This fund-raising will enable it to accelerate its expansion, notably through acquisitions.
Brevo, a French specialist in marketing automation, announces a fund raising of 500 million euros that propels its valuation beyond the billion dollars, allowing it to integrate the small circle of French unicorns. The round table sees the entry of the US fund General Electric and the British Oaley Capital, each at the level of 25% of [...] The post The French nugget of the CRM Brevo raises 500 million euros and becomes unicorn appeared first on…
Bridgepoint to reinvest in Brevo, as the company reaches unicorn status
Bridgepoint has reinvested in Brevo, a European customer engagement software brand, as part of the company’s latest €500m financing round. As a result of the round, Brevo has officially become a unicorn for the first time. Bridgepoint has reinvested as a minority shareholder through Bridgepoint Development Capital V, a lower middle-market fund focused on supporting fast-growing businesses across Europe. In addition, Bridgepoint has fully realise…
Brevo, a major player in the European market for customer engagement solutions, has just taken a decisive turn in its development. Thanks to a fund raising of EUR 500 million, the company is now achieving unicorn status, valued at more than EUR 1 billion. This transaction, which welcomes new investors such as General Atlantic and Oakley Capital, will enable Brevo to accelerate its growth, invest massively in artificial intelligence and strengthe…
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