# VitriCell

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

- Industry: Biotechnology
- Headquarters: Liege, Belgium
- Website: www.vitricell.com
- Total disclosed funding: $0.9M
- Latest round: Series A (Jan 23, 2018)
- Investors on record: 2

## About

VitriCell SA is a technology firm focused on delivering innovative solutions designed to enhance operational efficiency across various sectors, including finance, healthcare, and retail.Founded in 2017 in Liege, Belgium, VitriCell SA specializes in advanced technology platforms aimed at improving business processes. The company has secured a total of EUR 0.710 mn in funding, including a Series A round in January 2018 from investors such as Gesval S.A. and Spinventure. The CEO and co-founder, Delphine Connan, has a history of entrepreneurial ventures, although specific details about previous companies are not disclosed. The firm has completed three deals to date, with its most recent deal occurring on January 23, 2018.VitriCell SA offers innovative solutions that cater to diverse clientele needs through advanced technology platforms. Their product range includes tools for workflow automation, data management, and customer interaction optimization, targeting enterprises in various sectors. The company extends its services beyond local markets, with a significant presence in North America, Europe, and parts of Asia.VitriCell SA's revenue model encompasses subscription services, direct sales, and strategic partnerships. Clients typically engage in subscription agreements for software access, with pricing structured on a tiered basis. The company also engages in B2B transactions, supplying its solutions to wholesalers and retailers who further distribute these products. In 2023, the EBITDA amounted to EUR -3,158,338.10.VitriCell SA outlines its strategy for future growth through the introduction of new products and the expansion into additional markets. The company plans to launch several innovative solutions in the coming year to enhance its service offerings. Additionally, it targets geographic expansion in new regions, focusing on North America and select parts of Asia. The recent Series A funding of EUR 0.710 mn will support these initiatives, enabling product development and market entry efforts.

## Funding rounds

- Series A, Jan 23, 2018, $0.9M — Spinventure, Gesval S.A.

## Investors

- Spinventure (https://capitalatlas.ai/funds/spinventure) — Series A
- Gesval S.A. — Series A