# KAP IT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kap-it

- Industry: Software
- Headquarters: Massy, France
- Website: www.iobeya.com
- Total disclosed funding: $13M
- Latest round: Series A (May 5, 2020)
- Investors on record: 3

## About

KAP IT provides a visual management platform, iObeya, that enhances Lean and Agile practices across organizations through customizable digital workspaces, enabling efficient communication and project management.Founded in 2011 and headquartered in Massy, France, KAP IT specializes in developing iObeya, a platform for visual management. The company has engaged in two funding rounds, with the latest being a Series A round on May 5, 2020, raising EUR 12.01 million led by Red River West. Cyril Daloz is both the founder and CEO, who has a history of involvement in other ventures.iObeya is a visual management platform designed to facilitate Lean and Agile practices across organizations. Its core offerings include a customizable digital workspace known as 'Obeya,' which supports various methodologies such as Lean Manufacturing, Lean Project Management, and Agile at Scale. The platform enables teams to manage visual boards efficiently, track key performance indicators (KPIs), and streamline communication in real-time. iObeya’s extensive functionality allows users to create tailored templates for their specific project requirements, enhancing collaboration among distributed teams. The platform is utilized by over 500,000 users across various industries, including pharmaceuticals, defense, aerospace, and logistics, with clients situated in more than 30 countries, including the United States, Germany, France, and Japan.In 2023, KAP IT reported a revenue of EUR 14,311,109.60 and an EBITDA of EUR -1,971,435.90. The company operates primarily on a subscription-based revenue model, offering various pricing plans designed for enterprise-level clients, allowing organizations to access the platform’s full suite of features while minimizing upfront costs.Following the Series A funding round in May 2020, KAP IT plans to utilize the raised EUR 12.01 million to enhance its product offerings and expand into new markets. The company is focused on launching new features for the iObeya platform in the coming year, with specific emphasis on improving integrations with existing business applications. Furthermore, KAP IT aims to broaden its reach into the North American market by 2024, thereby increasing its global footprint.

## Funding rounds

- Series A, May 5, 2020, $13M — Atlantic Bridge, Fortino Capital, Red River West

## Investors

- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Series A
- Fortino Capital (https://capitalatlas.ai/funds/fortino-capital) — Series A
- Red River West (https://capitalatlas.ai/funds/red-river-west) — Series A