# Geotrend

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

- Industry: Software
- Headquarters: Toulouse, France
- Website: www.geotrend.fr
- Total disclosed funding: $1.3M
- Latest round: Series A (Aug 1, 2022)
- Investors on record: 3

## About

Geotrend SAS specializes in economic intelligence solutions, enabling organizations to make informed decisions through real-time data analysis and insights. Their platform aggregates diverse data sources to enhance strategic planning across various sectors.Founded in 2018 in Toulouse, France, Geotrend SAS provides economic intelligence services. The company has successfully completed 2 deals, with their latest funding round being a Series A, raising EUR 0.393 mn on August 1, 2022, led by Irdi Capital Investissement alongside ABI Capital. The founders, Grégoire Sigel and Thomas BINANT, have been pivotal in shaping the company's direction, with Thomas BINANT currently serving as the CEO.Geotrend's primary offering is the EXPLORE platform, which delivers real-time economic intelligence tailored for various industries, including finance, defense, and technology. This platform consolidates multi-source data, enhancing decision-making for clients through advanced data collection and analytical capabilities. By leveraging artificial intelligence, the EXPLORE platform allows users to monitor competitors, track emerging trends, and identify new business opportunities in the European and North American markets.In 2023, Geotrend SAS recorded a revenue of EUR 700,403.6, with an EBITDA of EUR -828,043.9. The company generates income primarily through subscription-based models for the EXPLORE platform, servicing corporations and government agencies through tiered subscription plans that cater to a broad range of organizations.Geotrend SAS aims to launch new features for the EXPLORE platform, targeting enhanced usability and integration by late 2023. Plans for expansion include entering additional European markets and North America to broaden their client base by 2024. The recent Series A funding of EUR 0.393 mn will facilitate these initiatives, allowing for further development and market penetration.

## Funding rounds

- Series A, Aug 1, 2022, $0.4M — Irdi Capital Investissement, ABI Capital, ALSO
- Series A, Aug 26, 2019, $0.9M — Irdi Capital Investissement, ABI Capital, ALSO

## Investors

- Irdi Capital Investissement (https://capitalatlas.ai/funds/irdi-capital-investissement) — Series A
- ABI Capital — Series A
- ALSO — Series A