# Klarys

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

- Industry: Agribusiness
- Headquarters: Rennes, France
- Website: www.klarys.io
- Total disclosed funding: $12M
- Latest round: Series A (Aug 1, 2021)
- Investors on record: 7

## About

Klarys, based in Rennes, France, is an innovative e-procurement platform that specializes in enhancing procurement processes for fresh products through artificial intelligence, catering primarily to retail and foodservice sectors.Founded in 2021 in Rennes, France, Klarys operates as a pioneering e-procurement solution focused on fresh products. The company raised EUR 1.5 mn in Series A funding on August 1, 2021, from investors FJ Labs and Serena. CEO Renaud Enjalbert, one of the co-founders alongside Florian Dhaisne, has a history in the tech industry, contributing to Klarys' strategic direction.Klarys is a pioneering e-procurement platform specializing in fresh products, leveraging artificial intelligence to enhance procurement processes for retail and foodservice businesses. Its core offerings include a centralized purchasing interface that automates order management, streamlines supplier interactions, and enhances product traceability and sustainability compliance. The platform allows users to aggregate real-time supplier offers, manage logistics and financial flows, and access actionable data analytics for informed decision-making. Klarys serves a diverse clientele including purchasing centers, wholesalers, and retailers across various geographical markets, notably France and Switzerland. The platform addresses specific challenges in the fresh product sector, such as improving operational efficiency, ensuring product quality, and supporting sustainability initiatives.Klarys operates on a business-to-business (B2B) model, providing subscription-based services to its clients, which typically include large retail chains and wholesalers. The revenue structure is built around ongoing partnerships where clients access the Klarys platform for a fee, which may include various pricing tiers based on the scale of operations or specific features utilized. The transactions involve clients using the platform to place orders, manage supplier relationships, and automate invoicing processes. This digital procurement system simplifies interactions between buyers and suppliers while promoting efficient inventory management and compliance with sustainability standards. The flagship service enhances the procurement experience by providing a centralized, user-friendly interface that integrates seamlessly with existing business systems, enabling clients to achieve better control over their purchasing activities.In August 2021, Klarys raised EUR 1.5 mn in Series A funding to bolster its growth initiatives. Future plans include the development of new product features tailored to enhance user experience and streamline procurement processes. Additionally, the company aims to expand into new markets, with specific focus on increasing its presence in Switzerland and other European countries by the end of 2023. The recent funding will support these expansion strategies and the development of innovative technological solutions to meet the evolving needs of its clients.

## Funding rounds

- Series A, Aug 1, 2021, $1.8M — Serena, FJ Labs
- Series A, Aug 2, 2019, $7.3M — Serena, Piton Capital, Cap Horn, FJ Labs, Samaipata Ventures, Alpana Ventures
- Seed, Mar 16, 2018, $3.1M — Piton Capital, FJ Labs, Samaipata Ventures, Polytech Ventures
- Seed, Nov 20, 2016 — Polytech Ventures, Alpana Ventures

## Investors

- Polytech Ventures (https://capitalatlas.ai/funds/polytech-ventures) — Seed
- Alpana Ventures (https://capitalatlas.ai/funds/alpana-ventures) — Seed, Series A
- Piton Capital (https://capitalatlas.ai/funds/piton-capital) — Seed, Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed, Series A
- Samaipata Ventures (https://capitalatlas.ai/funds/samaipata-ventures) — Seed, Series A
- Serena (https://capitalatlas.ai/funds/serena) — Series A
- Cap Horn (https://capitalatlas.ai/funds/cap-horn) — Series A