# Isybuy

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

- Industry: Software
- Headquarters: Toulouse, France
- Website: www.isybuy.com/
- Latest round: Series A (Jul 2, 2024)
- Investors on record: 4

## About

Isybuy SAS is a Toulouse-based company specializing in Source-to-Pay (S2P) software solutions that streamline procurement processes for medium-sized enterprises.Founded in 2016 in Toulouse, France, Isybuy SAS focuses on enhancing procurement processes through its software solutions. The company has completed a total of 6 deals, with its most recent funding round occurring on July 2, 2024. In this round, Isybuy SAS raised EUR 0.999 mn in a Series A funding led by Eiffel Investment Group and SWEN Capital Partners, alongside participation from existing investors like Irdi Capital Investissement and PRO BTP. Notably, the company has a current valuation of EUR 9.416 mn.Isybuy's core offering is a comprehensive Source-to-Pay (S2P) software solution designed to enhance the purchasing processes of medium-sized enterprises (ETIs). The platform simplifies procurement by centralizing purchasing activities, automating workflows, and facilitating communication between buyers, suppliers, and internal departments. Key functionalities include Supplier Relationship Management (SRM), sourcing tools, e-procurement capabilities, and invoice processing, all contributing to increased efficiency and cost savings. Isybuy’s software is tailored to the specific needs of its clientele, primarily consisting of ETIs across various sectors, enabling users to navigate procurement tasks with ease and speed, akin to a marketplace experience. The product is marketed primarily in European markets but is also accessible to clients globally.In 2021, Isybuy generated revenue of EUR 1,297,054.40 through subscription-based pricing models for its software services. Clients engage with the platform on a recurring basis, structured as B2B engagements. The pricing plans are tailored to the different needs of clients, encompassing various modules that optimize purchasing processes and improve operational efficiency.Following the funding round on July 2, 2024, Isybuy SAS plans to utilize the raised capital to hire additional staff and expand its international presence. The company is targeting specific markets for expansion, although detailed geographic regions have not been disclosed. Upcoming product developments and enhancements are also anticipated as part of their growth initiatives.

## Funding rounds

- Series A, Jul 2, 2024 — Eiffel Investment Group, SWEN Capital Partners, PRO BTP, Irdi Capital Investissement

## Investors

- Eiffel Investment Group (https://capitalatlas.ai/funds/eiffel-investment-group) — Series A
- SWEN Capital Partners (https://capitalatlas.ai/funds/swen-capital-partners) — Series A
- PRO BTP — Series A
- Irdi Capital Investissement (https://capitalatlas.ai/funds/irdi-capital-investissement) — Series A