# Rhapso

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

- Industry: Software
- Headquarters: Palaiseau, France
- Website: www.rhapso.com
- Total disclosed funding: $5.9M
- Latest round: Series C (Jun 24, 2009)
- Investors on record: 3

## About

Rhapso provides innovative cloud-based solutions that enhance operational efficiency for businesses across various sectors, focusing on data management, real-time collaboration, and analytics integration.Founded in 2000 and headquartered in Palaiseau, France, Rhapso specializes in cloud solutions that optimize business operations. The company was involved in 7 deals, with its most recent funding round occurring in May 2014, where they raised EUR 1.127 mn from APICAP. Rhapso's founders, Michael Kehidata and Tellas Kallely, have a history of entrepreneurial ventures, contributing to the company's strategic direction and growth.Rhapso specializes in delivering cloud-based solutions designed to improve the operational efficiency of businesses. Their offerings include tools for data management, real-time collaboration, and analytics integration, catering to small and medium enterprises (SMEs) as well as large corporations. Targeting markets in North America, Europe, and the Asia-Pacific, Rhapso addresses challenges such as data silos and workflow inefficiencies, helping organizations leverage cloud technology for better decision-making and resource allocation.Rhapso generates revenue through a subscription model, allowing clients to access a range of cloud-based services. Customers choose from various pricing plans, which provide levels of access to advanced analytics and collaboration tools. The company primarily engages in B2B transactions, establishing partnerships that integrate their services into client operations. This partnership approach ensures a consistent revenue stream and fosters long-term relationships, supported by service agreements that enhance customer satisfaction.Rhapso aims to expand its product offerings and enter new markets following its acquisition by EFI in May 2014. The company is focused on developing new cloud-based solutions to meet emerging business needs. Plans are in place to target additional regions for market expansion by leveraging recent funding of EUR 1.127 mn, which will support the design and launch of these new products, enabling Rhapso to enhance its competitive position in the technology landscape.

## Funding rounds

- Series C, Jun 24, 2009, $1.6M — UI Investissement, Amundi, APICAP
- Series B, Apr 17, 2008, $3.6M — UI Investissement, Amundi, APICAP
- Series A, Mar 14, 2006, $0.7M — UI Investissement

## Investors

- UI Investissement (https://capitalatlas.ai/funds/ui-investissement) — Series A, Series B, Series C
- Amundi (https://capitalatlas.ai/funds/amundi) — Series B, Series C
- APICAP (https://capitalatlas.ai/funds/apicap) — Series B, Series C