# Silvr Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/silvr-group

- Industry: Financial Services
- Headquarters: Paris, France
- Website: www.silvr.co
- Total disclosed funding: $24M
- Latest round: Series A (Feb 6, 2022)
- Investors on record: 6

## About

Based in France, Silvr Group provides tailored loans to small and medium-sized enterprises (SMEs) in Germany and France, focused on enhancing financial flexibility and operational efficiency for its clients.Silvr Group, founded in 2020, is headquartered in Paris, France. The company offers financial solutions specifically for SMEs, having completed a total of 4 funding deals. The latest funding round, a Venture Debt of EUR 67.00 mn, occurred on July 3, 2023, with contributions from Channel Capital and Citibank. The total amount raised by the company is EUR 18.00 mn. Gregory Tappero and Nima Karimi are the founders, with Nima Karimi serving as the CEO.Silvr specializes in providing flexible business loans ranging from EUR 5,000 to EUR 1,000,000, designed for small and medium-sized enterprises (SMEs) in Germany and France. Their core offerings include Receivables Advance, Inventory Financing, Growth Financing, and Cash Reserve options, which help businesses manage cash flow effectively by addressing issues related to long payment terms and unexpected expenses. Silvr's services enable SMEs across various sectors, including retail, e-commerce, IT, and consulting, to enhance their operational efficiency and financial agility.In 2021, Silvr reported a revenue of EUR 902,920 and an EBITDA of EUR -1,130,106.80. The company generates revenue through short-term loans structured with a minimum commission fee of 1% per month and a payback period from 3 to 12 months, allowing SMEs to manage cash flow gaps and support growth initiatives.In July 2023, Silvr Group raised EUR 67 mn in Venture Debt funding, part of a larger EUR 200 mn venture debt funding round. This funding will be utilized to support more customers in Germany and France and to facilitate the company’s growth across Europe. Upcoming initiatives include the development of new products tailored to the needs of SMEs and the exploration of further expansion into additional European markets.

## Funding rounds

- Series A, Feb 6, 2022, $21M — Eurazeo, XAnge, ISAI, Bpifrance Investissement, Otium Capital
- Seed, Jan 1, 2021, $3.6M — Eurazeo, Serena, ISAI

## Investors

- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Seed, Series A
- Serena (https://capitalatlas.ai/funds/serena) — Seed
- ISAI (https://capitalatlas.ai/funds/isai) — Seed, Series A
- XAnge (https://capitalatlas.ai/funds/xange) — Series A
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series A
- Otium Capital (https://capitalatlas.ai/funds/otium-capital) — Series A