It is always with great pride that the incubation team of Paris & Co, reveals the figures revealing the success of the startups supported in 2017. On the menu: more women - but not enough, more international startups, more virtuous programs ... and more and more startups and partners who trust the incubation programs of Paris&Co!
2018 : The year Paris&Co has supported 1000 startups since its creation
238 in 2015, 302 in 2016 and 431 companies supported in 2017. What is more pleasing for Paris & Co than to celebrate our twenty years of existence in the international incubation landscape by reaching the 1,097 startups supported?
The 341 startups incubated last year have accumulated the records: € 145 million in cumulative revenue (74 in 2016), 2,974 full-time employees, or nearly 9 on average per company. Among them, 38 raised more than one million private funds, with a cumulated amount of 139 million €. This is the case of Shippeo, which raised 10 million euros to recruit 40 people, Shift Technology raised $ 28 million, Privateaser raised 3 million, Gymlib raised 3 million euros or still Pitchy who raised 4 million €.
Some companies have been bought by actors like Le Bon Coin for Kudoz, Datadog for Logmatic, Spotify for Niland, or Fintech Pumpkin bought by Crédit Mutuel.
The alumni of Paris & Co continue their European or international career, as Actility raises € 70 million, GuestToGuest bought the American HomeExchange and raised € 33 million, Stootie raised more than € 9 million, Safety Line raised € 3 million. Moreover, two alumni of Paris & Co and a currently incubated startup are among the 10 biggest French fundraising in 2017.
What international startups say about the PLP_Explore program ?
"The PLP_Explore program from Paris & Co really helped me understand what's happening in France, how things work here and how to do business in Paris," Michaela de Sli.do
"The identification of local and relevent events for our business is one of the strong points of the Paris Landing Pack program of Paris & Co", Mathilde Monge, UNU Motors
Other news #Incubation
Exactly one year ago, we gave you a preview of coming attractions: in 2018 Paris&Co hit a major landmark, incubating its 1000th startup! Today we’ve gone well beyond that milestone, accompanying more than 1,100 startups in the past 20 years. Paris&Co is proud to present an overview of 2018, highlighting the impact of our 85-person team that supports and mentors these startups on a daily basis.
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Sports Innovation Lab, a software powered market intelligence group, is today announcing global partnerships with European leaders leAD Sports and Le Tremplin, the sports innovation platform of Paris&Co, to support sports innovation.