202108 Feb

Oxalys raises 3 M € by also opening its capital to its employees

Summary

In strong growth with its solution for dematerialization of the Purchasing function with mid-sized companies, the French publisher Oxalys has just gatheredr 3 million euros to accelerate its development in France and internationally. This matching is made in the form of a final loan granted to Oxa Invest, chaired by Laurent Guillot. SaaS software designed by the publisher based in La Garenne-Colombes covers the entire purchasing and commitment cycle, which goes from sourcing - supplier research and consultation - to invoicing management, including monitoring of contracts and supplies. First by contributing to the improvement and efficiency of public procurement management through its digital solutions, second by strengthening its R&D effort - in which the French publisher currently invests 25% of its turnover per year - to further extend its coverage of the purchasing and commitment cycle. Third, Oxalys will expand its presence beyond France, first by consolidating its positions in Africa, then through a second establishment on the European continent.

Source: Hebergementwebs

Funding

$3.62M
Amount
Feb 08 2021
Date
-
Investor
OXALYS TECHNOLOGIES
Company

Classifications

Companies