LumApps, the “social intranet” for the enterprise, has closed $24 million in Collection B funding. The spherical is led by earlier backer IdInvest, and shall be used to scale LumApps’ world gross sales and advertising and marketing and speed up product growth.
Based in Paris in 2012 — and now additionally with places of work in London, Tokyo, San Francisco and New York — LumApps has developed a social web-styled intranet for enterprises to let firm workers higher join and collaborate.
The answer integrates with each G Suite, Microsoft Workplace 365 and Microsoft Sharepoint, and is accessible through cell. Total, it’s designed to function a central hub for customized content material, social communications, work instruments and enterprise purposes.
“We launched LumApps Social Intranet resolution in 2015, after our historic buyer Veolia requested us to create a platform primarily based on their wants,” “LumApps founder and CEO Sébastien Ricard tells me. “We rapidly realized there was an enormous demand for contemporary intranets from all corporations, to rework inner communications and the worker expertise”.
That’s as a result of, he says, communication inside an enterprise is difficult, unfold throughout disparate instruments equivalent to e-mail, reside chat, and social networks – options which can be usually disconnected and siloed. That is very true in giant enterprises, the place discovering info and reaching the best individuals could be very troublesome.
“Our dream was to allow entry to helpful info in a single click on, from one place and for everybody. Simply that easy. We wished to construct… an answer that bridged [an] intranet and social community, with the newest new applied sciences. A spot that customers will love”.
At its core, Ricard says LumApps goes additional than simply fixing frequent enterprise challenges, together with fostering a collaborative office the place workers are extra engaged and extra productive. “Each giant firm is constructing their digital office, and it’s vital that they’ve a central intranet that homes all worker communications, information, memos, purposes, and many others. from the company crew but additionally from friends”.
That mission seems to be working, evidenced by right this moment’s Collection B funding and a buyer base that spans enterprises small and enormous. Corporations utilizing LumApps embrace Veolia, Valeo, Air Liquide, Colgate-Palmolive, The Economist, Schibsted, EA, and Logitech. The intranet software program has on-boarded greater than four million customers globally.
Provides Ricard: “As a French entrepreneur, it has at all times been a dream to construct such a worldwide success,” says Ricard. “We encountered highs and lows, particularly in 2016 once we began within the U.S. and lived our first 12 months of setbacks. Why? All we had was our product and we didn’t but perceive the tradition and market specifics. It took time to rent American expertise to construction all the things and construct a stable base… Now now we have a crew of 150-plus individuals worldwide with a particular deal with the U.S.”