# SAS Neobrain

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sas-neobrain

- Industry: Software
- Headquarters: Paris, France
- Website: www.neobrain.io
- Total disclosed funding: $25M
- Latest round: Series A (Mar 24, 2022)
- Investors on record: 4

## About

SAS Neobrain, based in France, develops a human resources platform that leverages AI to enhance talent management and skill optimization within organizations, addressing the evolving workforce landscape.SAS Neobrain, founded in 2018, is headquartered in Paris, France, and focuses on creating HR technology solutions. The company has executed 5 deals, with its most recent funding round occurring on March 24, 2022, where it raised EUR 20 million in Series A funding co-led by Alter Equity, Crédit Mutuel Equity, and XAnge Private Equity, alongside returning investor Breega. Paul Courtaud serves as the CEO.Neobrain specializes in providing an AI-powered talent and skills intelligence platform designed to optimize employee performance and engagement by managing skills strategically within organizations. Key offerings encompass skill mapping, talent management, and career development, allowing for a dynamic response to the changing job landscape anticipated by 2030. The platform integrates various HR solutions, facilitating effective skills mobilization for HR professionals and employees across multiple sectors. Noteworthy clients include Safran and Sage, with services primarily utilized within European markets such as France, Germany, and the United Kingdom.For the year 2022, Neobrain reported a revenue of EUR 2,322,496.90 and an EBITDA of EUR -47,917.50, indicating its financial performance within the talent management sector.Following its EUR 20 million Series A funding in March 2022, SAS Neobrain plans to use the resources to broaden its HR offerings and accelerate deployment both in France and internationally. The company aims to introduce new products designed to enhance its platform's functionality and user experience, while also targeting expansion into additional European markets by the end of 2023.

## Funding rounds

- Series A, Mar 24, 2022, $22M — Credit Mutuel Equity, XAnge, Breega, Alter Equity
- Seed, Jul 16, 2020, $3.4M — Breega

## Investors

- Breega (https://capitalatlas.ai/funds/breega) — Seed, Series A
- Credit Mutuel Equity (https://capitalatlas.ai/funds/credit-mutuel-equity) — Series A
- XAnge (https://capitalatlas.ai/funds/xange) — Series A
- Alter Equity (https://capitalatlas.ai/funds/alter-equity) — Series A