# Mantic Data Europe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mantic-data-europe

- Industry: Software
- Headquarters: Paris, France
- Website: www.manty.eu
- Total disclosed funding: $1.6M
- Latest round: Seed (May 22, 2020)
- Investors on record: 6

## About

Mantic Data Europe SAS delivers innovative data solutions tailored for public sector entities, enhancing their operational efficiency through centralized data integration and advanced analytics.Founded in 2017 and headquartered in Paris, France, Mantic Data Europe SAS focuses on providing intelligent data solutions for modern administrations. The company has engaged in 3 deals, with its most recent round of funding occurring on March 12, 2022. Mantic raised EUR 3 million during this round from Sham - Société Hospitalière d’Assurances Mutuelles, bringing its total amount raised to EUR 3 million. The company was co-founded by Joseph-Marie Valleix and Mathieu Nohet, with Harold Gerber serving as CEO.Mantic specializes in intelligent data solutions designed specifically for modern administrations. Their core platform centralizes data from various business software, enabling public sector entities to enhance operational efficiency and transparency. By integrating disparate data sources, the platform supports a range of applications tailored to improve decision-making processes, streamline workflows, and foster accountability within governmental bodies. Manty’s offerings are primarily targeted at local and regional governments across Europe, particularly in France and Belgium, where the demand for innovative public administration tools is growing. The company aims to empower public institutions to meet the challenges of modern governance through data-driven insights and solutions.Mantic generated a revenue of EUR 2,716,371.40 in 2023, with an EBITDA amount of EUR -2,914,839.30. The company operates on a subscription-based model, where clients pay for access to its platform and related services, typically through annual or multi-year agreements with government agencies and public sector organizations. The pricing structure offers flexibility based on deployment scale and user numbers, fostering long-term partnerships and ensuring a steady revenue stream. Their platform includes advanced analytics and reporting tools that are integral to the service package provided to clients in the public sector.In March 2022, Mantic Data Europe SAS raised EUR 3 million in venture funding to accelerate product development. The company plans to introduce new products designed to enhance their data solutions for public administration. Additionally, Mantic aims to expand its presence into new markets across Europe, focusing on increasing accessibility for local governments in targeted regions. The recent funding will support these initiatives, facilitating the development of new offerings and the expansion into additional geographic areas.

## Funding rounds

- Seed, May 22, 2020, $1.6M — Kima Ventures, Acequia Capital, Hi Inov - Dentressangle, Axeleo, Banque des Territoires, Sharpstone Capital

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- Hi Inov - Dentressangle (https://capitalatlas.ai/funds/hi-inov-dentressangle) — Seed
- Axeleo (https://capitalatlas.ai/funds/axeleo) — Seed
- Banque des Territoires — Seed
- Sharpstone Capital (https://capitalatlas.ai/funds/sharpstone-capital) — Seed