# Twenga

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

- Industry: Internet
- Headquarters: Paris, France
- Website: www.twenga.fr
- Total disclosed funding: $12M
- Latest round: Series B (Jun 27, 2016)
- Investors on record: 3

## About

Twenga SA is a price comparison platform that simplifies online shopping by allowing consumers to compare product prices from numerous merchants, enhancing informed purchasing decisions.Founded in 2006 and headquartered in Paris, France, Twenga SA operates as a price comparison platform connecting consumers with a wide array of merchants. The company has completed 6 deals, the most recent being on June 27, 2016, when it raised EUR 4.41 mn in a Series B funding round led by Eurazeo and Idinvest Partners. The CEO and co-founder, Cédric Anès, has been instrumental in Twenga's growth and strategy.Twenga operates as a price comparison platform designed to streamline the shopping experience for consumers by aggregating product listings from thousands of merchants. The core service allows users to compare prices for various products across different online stores. This platform caters to individual consumers seeking the best deals and merchants looking to enhance visibility and sales. Twenga's international operations adapt advertisements to local market specifics, addressing the need for pricing transparency and accessibility to the best offers.In the most recent fiscal year, Twenga reported a revenue of EUR 10,115,706.8 and an EBITDA of EUR 2,188,192. The company generates revenue through a partnership model where merchants pay for increased visibility on the platform, driving qualified traffic to their eCommerce sites. This approach facilitates transactions by connecting consumers with a vast network of over 4,500 merchants, fostering a mutually beneficial relationship that boosts conversion rates and revenue for all parties involved.Twenga's strategy for future growth includes plans to expand into new geographic markets, with specific targets set for the coming year. The recent Series B funding of EUR 4.4 mn will be utilized to enhance product development and marketing efforts, ensuring Twenga can adapt its offerings to meet the demands of new regions. The leadership team is focused on launching new features aimed at improving user experience and increasing merchant participation on the platform.

## Funding rounds

- Series B, Jun 27, 2016, $4.9M — Idinvest Partners, Eurazeo
- Series B, May 27, 2015, $7.5M — Sofinnova Partners, Idinvest Partners, Eurazeo

## Investors

- Sofinnova Partners (https://capitalatlas.ai/funds/sofinnova-partners) — Series B
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series B
- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series B