# Chaintrust

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chaintrust

- Industry: Software
- Headquarters: Paris, France
- Website: www.chaintrust.io
- Total disclosed funding: $3M
- Latest round: Seed (May 18, 2021)
- Investors on record: 2

## About

Based in Paris, France, and founded in 2018, Chaintrust offers AI-based algorithms to automate the accounting entry of purchases and sales invoices, as well as manage accounting productions. Mikael Gandon (CEO), Pierre Hersant (CPO), and Pierre Chopin are the co-founders of the company. In May 2021, Chaintrust raised EUR 2.5 million in seed funding from Euler Hermes, Eurazeo, and individual investors.

The company provides a software that automates the accounting entry of purchase and sales invoices using algorithms and artificial intelligence. The firm also employs the FEC N-1 to understand and configure the accounting schemes for each file, and this technology is combined with OCR to extract the right data bills. Chaintrust also provides a mobile app that makes scanning and importing invoices simple. The company’s partners include Bpifrance, France FinTech, Trustpilot, Eurazeo, and others.

The organisation generates revenue through its EUR 20 per month subscription plan, which is non-binding, without notice, with no administration fees, and with no hidden additional expenditures.

## Funding rounds

- Seed, May 18, 2021, $3M — Eurazeo, Euler Hermes

## Investors

- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Seed
- Euler Hermes — Seed