# Squarance

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

- Industry: Software
- Headquarters: Paris, France
- Website: www.riseup.ai
- Total disclosed funding: $17M
- Latest round: Series C (Apr 28, 2022)
- Investors on record: 6

## About

Squarance is an innovative technology company specializing in learning experience platforms (LXP) and learning management systems (LMS) that enhance skill development for organizations through personalized learning solutions.Founded in 2014 and headquartered in Paris, France, Squarance provides a platform that aids in skill enhancement through tailored learning experiences. The company has successfully executed 4 deals, with the most recent funding round being a Series C round in April 2022, securing EUR 12.001 mn led by Connected Capital & Partners. The founders, Arnaud Blachon, Guillaume Blachon, and Julia Marconnet, have significant experience in technology and learning solutions, with Arnaud Blachon serving as CEO.Squarance's flagship platform, Rise Up, offers a comprehensive learning experience platform (LXP) and learning management system (LMS) designed to enhance skill development. The platform delivers personalized learning tailored to users' needs, featuring an authoring tool for blended learning content and integrations with popular tools like Microsoft Teams and Salesforce. With a diverse clientele across industries such as healthcare, retail, and education, the company collaborates with organizations like Domino's Pizza and Decathlon to promote an engaging learning culture.In its most recent fiscal year, Squarance generated a revenue of EUR 966,149.20, primarily through subscription-based models that offer organizations access to the Rise Up platform and its services, including AI-powered features such as the Memorisation tool.Following a successful Series C funding round in April 2022, where Squarance raised EUR 12 mn, the company plans to utilize this capital to drive growth in Europe. The focus will be on expanding teams and developing new products, while also localizing learning and development solutions tailored for the European market. Specific future initiatives include launching upcoming features within the Rise Up platform aimed at enhancing user experience and entering new geographic regions to broaden market reach.

## Funding rounds

- Series C, Apr 28, 2022, $13M — Connected Capital & Partners, Ternel, Ifpass
- Series B, Jul 24, 2020, $3.5M — IMPACT partners, Ternel
- Series A, May 12, 2018, $0.3M — BNP Paribas Asset Management - Fund of funds, Bpifrance, IMPACT partners

## Investors

- BNP Paribas Asset Management - Fund of funds (https://capitalatlas.ai/funds/bnp-paribas-asset-management-fund-of-funds) — Series A
- Bpifrance — Series A
- IMPACT partners — Series A, Series B
- Ternel (https://capitalatlas.ai/funds/ternel) — Series B, Series C
- Connected Capital & Partners (https://capitalatlas.ai/funds/connected-capital-partners) — Series C
- Ifpass — Series C