# Platform.sh

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/platform-sh

- Industry: Internet
- Headquarters: Paris, France
- Website: www.platform.sh
- Total disclosed funding: $96M
- Latest round: Series E (Sep 14, 2022)
- Investors on record: 17

## About

Platform.sh SAS is a Platform-as-a-Service (PaaS) provider that streamlines application deployment and development processes, catering to teams worldwide with automated infrastructure and extensive framework support.Founded in 2014, Platform.sh SAS is headquartered in Paris, France, and specializes in providing PaaS solutions. The company was established by Damien Tournoud, Fred Plais, and Ori Pekelman. It has successfully completed 6 deals, with the latest funding round being a Series E in which it raised EUR 68.654 mn, bringing the total amount raised to EUR 68.654 mn and the current company valuation to EUR 390.820 mn.Platform.sh offers a comprehensive Platform-as-a-Service (PaaS) tailored for development teams aiming to enhance their application deployment processes. The core product provides automated infrastructure provisioning, a Git-based workflow, and support for over 100 frameworks and 14 programming languages, enabling developers to efficiently build, iterate, and deploy applications. The platform is designed to optimize development-to-production workflows, making it an attractive solution for a diverse client base, which includes more than 5,000 customers worldwide, spanning industries such as digital agencies, retail, and higher education. Users benefit from features like high-density computing for improved environmental sustainability, auto-scaling capabilities during traffic surges, and robust security measures ensuring data safety. Geographically, Platform.sh serves markets across North America, Europe, and Asia, catering to both small enterprises and large institutions.Platform.sh generates revenue through a subscription-based model, providing customers with tiered pricing plans tailored to the scale and complexity of their development needs. Clients engage with the firm primarily through direct B2B transactions, subscribing to services that include managed cloud infrastructure, continuous security updates, and compliance solutions. The pricing structure accommodates varying levels of resource usage, with costs associated with the deployment of applications based on the specific services utilized. Flagship offerings include their scalable PaaS, which supports both individual developers and enterprise-level teams, allowing for customized configurations based on the unique requirements of each client. Through this transactional framework, Platform.sh maintains a reliable revenue stream while supporting a dynamic and diverse client ecosystem.Platform.sh plans to leverage its recent Series E funding of EUR 68.654 mn to enhance its product offerings and expand into new markets. The company is focused on launching new features and optimization tools for its PaaS platform, with targeted releases set for the upcoming quarters. Platform.sh aims to increase its market presence in North America, Europe, and Asia, seeking to broaden its customer base by reaching more enterprises and institutions. Additionally, the company is exploring opportunities to enhance its infrastructure and service capabilities to better serve its global clientele.

## Funding rounds

- Series E, Sep 14, 2022, $69M — Partech Partners, Eurazeo, SNCF, BGV, Hi Inov - Dentressangle, Morgan Stanley Expansion Capital, Yttrium, Revaia, Lombard Odier Investment Managers
- Series D, May 16, 2018, $17M — Idinvest Partners, Partech Partners, Eurazeo, SNCF, BGV, Hi Inov - Dentressangle, Objectif Innovation Patrimoine N°7
- Series C, Sep 4, 2014, $5.3M — Alven, ISAI, OpenOcean, Hi Inov - Dentressangle
- Series B, Apr 30, 2012, $4.5M — Alven, Capital Invest, ISAI, OpenOcean, Groupe Agricole J.L.D. Inc.
- Series A, Jan 31, 2011, $0.9M — Capital Invest, Groupe Crédit Agricole, ISAI

## Investors

- Capital Invest (https://capitalatlas.ai/funds/capital-invest) — Series A, Series B
- Groupe Crédit Agricole — Series A
- ISAI (https://capitalatlas.ai/funds/isai) — Series A, Series B, Series C
- Alven (https://capitalatlas.ai/funds/alven) — Series B, Series C
- OpenOcean (https://capitalatlas.ai/funds/openocean) — Series B, Series C
- Groupe Agricole J.L.D. Inc. — Series B
- Hi Inov - Dentressangle (https://capitalatlas.ai/funds/hi-inov-dentressangle) — Series C, Series D, Series E
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series D
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series D, Series E
- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series D, Series E
- SNCF — Series D, Series E
- BGV (https://capitalatlas.ai/funds/bgv) — Series D, Series E
- Objectif Innovation Patrimoine N°7 — Series D
- Morgan Stanley Expansion Capital (https://capitalatlas.ai/funds/morgan-stanley-expansion-capital) — Series E
- Yttrium (https://capitalatlas.ai/funds/yttrium) — Series E
- Revaia (https://capitalatlas.ai/funds/revaia) — Series E
- Lombard Odier Investment Managers — Series E