# Cozy Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cozy-cloud

- Industry: Business Support Services
- Headquarters: Puteaux, France
- Website: www.cozy.io
- Total disclosed funding: $5.7M
- Latest round: Series B (Jun 9, 2016)
- Investors on record: 4

## About

Cozy Cloud is a digital collaboration platform that offers a suite of productivity tools designed to enhance teamwork and data management across various sectors, facilitating secure communication and efficient project management.Founded in 2012 by Benjamin André, Cozy Cloud is headquartered in Puteaux, France. The company has executed 2 deals, with the latest being a Series B funding round on June 9, 2016, where it raised EUR 4.045 million, led by MAIF alongside Innovacom and Kerney Ventures. The total amount raised by the company is EUR 4.045 million, with a current valuation of EUR 14.171 million.Cozy Cloud, through its flagship product Twake, provides a comprehensive suite of digital collaboration tools aimed at improving workplace productivity and data management. Twake integrates messaging, file sharing, and project management functionalities to facilitate efficient communication and information exchange. It is tailored for organizations of varying sizes and is used across sectors such as technology, education, and professional services, with clients in European, North American, and Asian markets. The platform prioritizes user privacy and data control, distinguishing itself in the competitive landscape of workplace collaboration tools.In 2019, Cozy Cloud generated revenue of EUR 834,235.40, with an EBITDA of EUR -187,609,431.20. The company primarily earns revenue through subscription-based pricing for its Twake services, structured around tiered pricing plans that cater to different organizational needs. This model supports B2B transactions, allowing businesses to select packages that include features like Twake Mail, Twake Drive, and Twake Chat, enabling scalability as organizations grow.Cozy Cloud plans to utilize its recent Series B funding of EUR 4.05 million, raised in June 2016, to enhance product development and expand its market reach. The company is focused on launching new features in Twake and aims to penetrate additional European and North American markets by 2024. These initiatives are designed to strengthen its competitive positioning and grow its customer base while addressing the evolving demands of organizations.

## Funding rounds

- Series B, Jun 9, 2016, $4.6M — Innovacom, MAIF, Kerney Partners
- Series A, May 8, 2014, $1.1M — Innovacom, Seed4Soft

## Investors

- Innovacom (https://capitalatlas.ai/funds/innovacom) — Series A, Series B
- Seed4Soft — Series A
- MAIF — Series B
- Kerney Partners — Series B