Technology

Libeo French Smes B2b 20m Series

Libeo

Contents

Libeo is a French B2B Software-as-a-Service (SaaS) company that recently secured €20 million in series A funding. Libeo enables users to quickly create and manage invoices and payment portals for customers, enabling small businesses to access the benefits of professional and frictionless financial management. This is significant for small and medium-sized enterprises (SMEs) who often lack the in-house expertise to manage financials efficiently.

In this article, we explore Libeo’s background and funding round, services, potential impacts, and competitive landscape.

Background:

Founded in 2018 by Olivier Tagneur and Jean-Christophe Duboc, Libeo was born from the founders’ vision of improving often-chaotic small business financial management. Prior to Libeo, Olivier Tagneur was the founder of Banque Net Sorties, a cloud-banking solution, while Jean-Christophe Duboc was previously a marketplace executive at Microsoft. After meeting in France’s #1 startup accelerator, La Fonderie, the two co-founders decided to launch Libeo to help SMEs better manage their finances.

Series A Funding:

Fast forward to 2020, Libeo announced a €20 million Series A funding round. The round was led by Cathay Innovation, a global venture capital firm with offices in Paris, San Francisco and Shanghai. Other leading investors in the round include Bpifrance, Microsoft’s M12, and ACE & Company. The funding will be used to hire more talent and scale Libeo’s services for a wider market.

Services:

Libeo’s platform provides SMEs with the necessary tools to manage their finances quickly and efficiently. The company’s software-as-a-service (SaaS) platform offers a range of features such as invoice creation and management, payment portals, customer invoicing and reminders, and customer data analysis. As a result, SMEs can easily access the necessary financial information to grow their businesses.

Impacts:

More importantly, the availability of Libeo’s services can bring a great positive impact to SMEs who are often treated as invoicing laggards due to their lack of resources. By providing secure and reliable financial management, Libeo can help SMEs remain competitive in an increasingly complicated digital-first business landscape.

Competitive Landscape:

Libeo is up against strong competition, including SaaS companies such as Veezoo, Compteo, and KizeoForms. All of these companies offer similar services and the competition is expected to only get more intense as the SaaS industry matures.

Customer Satisfaction:

Libeo has been highly praised for its customer satisfaction and its customer service team is always available to provide assistance. The company’s online support system is designed to be easy to use and to answer any questions or concerns that customers may have.

Business Expansion:

Libeo has plans to expand its services and introduce new features such as Multi B2B, a customer management portal that enables customers to manage multiple B2B accounts from one platform. Furthermore, the company is also exploring the possibility of introducing a global customer service platform.

Data Security:

Libeo’s services are extremely secure and have been certified by banking security standards, such as the international Payment Services Directive (PSD2). Furthermore, the company’s customer data and financial information are encrypted to ensure maximum security.

Integrations:

Libeo’s services are integrated with other business solutions, such as CRM and customer analytics platforms. This allows customers to connect their financial data to other business solutions and gain insights into their financial performance.

Future Plans 

In the future, Libeo plans on expanding its customer base and exploring international markets. The company also aims to bring its services to the global market, with plans to open new offices in the U.S. and Asia. The company’s success will be determined by its ability to adapt and evolve, a challenge that the company is eager to embark on.

Conclusion

The recent €20 million series A funding for Libeo is a testament to the success of the company and the potential of their services. By providing SMEs with an easy and secure way to manage their finances, Libeo can help many businesses remain competitive in a rapidly changing digital-first market. The company also has plans to expand their services globally, a step which could prove to be extremely beneficial in the long-term.

Related FAQs:

Q: What is Libeo? 

A: Libeo is a French B2B Software-as-a-Service (SaaS) company.

Q: What services does Libeo offer?

A: Libeo offers services such as invoice creation and management, payment portals, customer invoicing and reminders, and customer data analysis.

Q: What funding has Libeo received? 

A: Libeo recently secured €20 million in series A funding.

Q: What are the future plans for Libeo? 

A: Libeo has plans to expand their services and introduce new features, explore international markets, and open new offices in the U.S. and Asia.

Q: What is french smes b2b 20m series?

A: French SMEs B2B 20m Series is the name of the series A funding round that Libeo recently secured. The round was led by Cathay Innovation and included other leading investors such as Bpifrance, Microsoft’s M12, and ACE & Company.

Q: About libeo french b2b 20m series.

A: Libeo French B2B 20m Series is a series A funding round that Libeo recently secured for €20 million. The round was led by Cathay Innovation and included other leading investors such as Bpifrance, Microsoft’s M12, and ACE & Company.

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