# Praexo

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

- Industry: Financial Services
- Headquarters: Paris, France
- Website: www.praexo.com
- Total disclosed funding: $0.6M
- Latest round: Seed (May 22, 2020)
- Investors on record: 2

## About

Praexo SAS is a company that specializes in delivering innovative digital solutions aimed at enhancing operational efficiency across various industries. Their offerings include a comprehensive software platform designed to streamline workflows and improve productivity.Praexo SAS, founded in 2019 and headquartered in Paris, France, focuses on providing efficient digital solutions. The company has executed 3 deals, with its most recent funding round occurring on December 9, 2021, when Praexo SAS raised EUR 99,990 from individual investors. The total amount raised to date is EUR 100,000, leading to a current company valuation of EUR 4.777 mn. The company was started by a group of entrepreneurs with prior experience in technology ventures, although specific names are not provided.Praexo.com specializes in innovative digital solutions tailored to enhance operational efficiency for various industries. Their core product offerings include a robust software platform that streamlines workflows, enabling businesses to optimize processes and improve productivity. The primary use cases focus on automating routine tasks, managing project timelines, and facilitating team collaboration. By addressing these critical operational challenges, Praexo.com serves a diverse clientele, including small to medium-sized enterprises and larger corporations across sectors such as technology, healthcare, and finance. Geographically, their products are marketed in North America, Europe, and parts of Asia, where they cater to businesses seeking to leverage technology for enhanced performance.Praexo.com generates revenue through a subscription-based model, where clients pay for access to their software platform on a monthly or annual basis. For the most recent year, 2022, Praexo reported revenue of EUR 475,212.5 and an EBITDA of EUR -835,537. The subscription structure allows for predictable revenue streams, fostering long-term partnerships with businesses seeking continuous improvements in their operations. Customers can choose from various pricing plans tailored for both individual users and larger teams, ensuring access to key features for project management, data analytics, and real-time collaboration.Looking ahead, Praexo SAS is focused on launching several new products designed to further enhance their software capabilities. They aim to expand into new geographic markets, specifically targeting additional regions within Europe and Asia by 2023. The recent funding raised in December 2021 will be utilized to support these initiatives, including product development and marketing efforts to strengthen their market presence.

## Funding rounds

- Seed, May 22, 2020, $0.6M — Truffle Capital, Rothschild & Co

## Investors

- Truffle Capital (https://capitalatlas.ai/funds/truffle-capital) — Seed
- Rothschild & Co — Seed