After a seed round of €1,8M in 2014, Alven is excited to participate in a Series A round and bring Orange Digital Ventures on board to support Wynd’s ambitious plans of development. Their solution enables retailers to digitize their points-of-sale and achieve a unified vision of their customers touch points across channels in-store and online, a field with an increased demand and large untapped opportunities. Now that the team has worked on standardizing the offer and product, they can hire more staff and focus on aggressively gaining more market shares. Demand is exploding in France as well as in several international markets.
The staff has grown from 7 to 35 throughout the past 12 months and is expected to double in size by end of 2016.
In a context of traditionally long sales cycles and overall lagging of brick-and-mortar retailers to adopt digital technologies that have empowered online commerce for years, Wynd is moving fast and demonstrated its ability to quickly onboard new clients. 2,000 new deployments were announced in the beginning of 2015, and the team expects that pace to rise even faster as they benefit from new developments of the product, active word-of-mouth and a demand that shows no sign of slowing down. They also plan to serve new verticals beyond their early successes of restaurants (current clients include Flunch, Elior, Nabab Kebab, Exki…) and flowers (Monceau Fleurs, Happy, RapidFlore).
