# ShareGroop

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

- Industry: Financial Services
- Headquarters: Paris, France
- Website: www.sharegrooppay.com
- Total disclosed funding: $1.1M
- Latest round: Series A (Sep 18, 2019)
- Investors on record: 1

## About

ShareGroop is a payment orchestrator that provides an integrated payment solution to enhance transaction experiences for both merchants and consumers, facilitating efficient and seamless payment processing.Founded in 2015 and headquartered in Paris, France, ShareGroop specializes in payment orchestration. The company has received Series A funding amounting to EUR 1.00 mn from Truffle Capital, marking its first deal in September 2019. Franck BURGUIERE serves as the CEO and co-founder, with a background that enhances the company’s strategic vision.ShareGroop operates as a full-service payment orchestrator, delivering an integrated payment solution designed to enhance the payment experience for merchants and consumers alike. The company's core offerings include access to over 200 plug-and-play payment methods, facilitating seamless transactions throughout the customer journey. ShareGroop's platform enables merchants to customize their checkout processes using tailored workflows, aimed at optimizing conversion rates. The service also provides centralized data analytics, allowing businesses to track and analyze their payment performance efficiently. Key clientele includes various merchants operating in diverse geographical markets across Europe, particularly focusing on industries that require robust e-commerce payment solutions.ShareGroop generates revenue through a structured transaction framework revolving around B2B partnerships with merchants. The company employs a subscription model, where businesses pay a fee to utilize its comprehensive payment orchestration services. Transactions processed through the platform involve a percentage fee based on the volume of payments handled. ShareGroop’s flagship products support various payment functionalities, including automated reconciliation and personalized payout management, crucial for its client base. By interconnecting accounting tools with its API, ShareGroop enhances financial reporting and payment processing, contributing to its revenue generation model.In September 2019, ShareGroop raised EUR 1.00 mn in Series A funding to support its future growth strategies. The company plans to launch new products designed to improve its payment solutions, which are expected to enhance customer experience and operational efficiency. Additionally, ShareGroop aims to expand into new geographical markets across Europe, although specific regions and timelines have yet to be disclosed. The recent funding will be utilized to accelerate product development and support market entry initiatives.

## Funding rounds

- Series A, Sep 18, 2019, $1.1M — Truffle Capital

## Investors

- Truffle Capital (https://capitalatlas.ai/funds/truffle-capital) — Series A