Saagie Raises €5M in Series A+ Funding

Funding Rounds

▤ Summary

Saagie, a Petit Quevilly, France-based provider of a smart big data processing platform, raised €5M in Series A+ funding.Backers included: – C.Entrepreneurs, the venture capital fund managed by Cathay Innovation, – CapHorn Invest, – BNP Paribas Développement, and – the Matmut group.The company intends to use the funds to continue to improve the product and expand its business reach internationally.Founder in 2013 by CEO Arnaud Muller, Saagie leverages AI technologies to provide a SaaS and on premise platform enables users to speed up the development of business applications.The platform, which provides pre-integrated open source blocks for collecting, analyzing and processing large enterprise data, is massivelyused in the Bank & Insurance industry.

$ Funding

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Amount $6.2M Total raised
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Date January 29, 2018 Announcement date
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Investors CapHorn Lead investors
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Company http://www.saagie.com Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
Data Analytics Software AI/ML Platform Cloud Data Platform

▦ Linked Companies

Saagie
$10M to $25M