Wynd raises 72 million € to conquer international markets

News

Wynd, the retail platform unifying offline and online sales channels, has just raised another 72 million € round led by Natixis, with participation from Sofina, BNF Capital and previous investor Sodexo, to boost its internationalisation strategy

 

Wynd, is the leading omni channel platform for managing orders, payment, cash and loyalty, natively unifying sales for online and offline channels. The startup supports large retailers in their digital transformation process, carefully adapting to the degree of maturity and needs of its clients.

Wynd, has just raised another 72 million € round led by Natixis, with participation from Sofina, BNF Capital and previous investor Sodexo, to boost its internationalisation strategy. Investors in previous rounds included Alven, Orange Digital ventures and SGH Capital.

With this new round, Wynd has passed the 100 million € total equity funding threshold since its creation in 2013. The startups plans on recruiting massively, between 150 and 200 new profiles including 50 AI specialists, to fuel its growth. Wynd’s vision for the future of retail lies in operational efficiency. The startup’s purpose is to equip retailers and restaurant managers with the necessary tools to optimise their value chain and cope with the competition. Ismaël Ould, Wynd’s cofounder, forecasts that operational excellence will most certainly lead to a major disruption in the retail industry, similar to what happened on public markets with the introduction of high frequency trading.

International markets already accounts for 30% of Wynd’s revenues. It plans on increasing this split to 50% in a near future. The startups’ tools are already used by tier 1 retailers like the Thai, Central Group, or the Moroccan, Marjane, both multi-billion dollar companies. Wynd is increasingly dealing with larger accounts, particularly from the food, luxury and fashion industries. These are all good signs in favor of the platform that intends to compete with Salesforce, Oracle, Manhattan Associates or Aptos globally.


Share

Stoïk raises €10 million and expands to Germany

Since raising €11 million in an a16z-led Series A round in June of 2022, Parisian SME-focused insurance and cybersecurity software provider Stoïk has today announced the…

Read

AMD Acquires Mipsology to Deepen AI Inference Software Capabilities

AMD, one of the worldwide leaders in semi-conductors, computer processors and related technologies acquired 100% of Alven portfolio company, Mipsology, a leader…

Read

Skarlett raises €4 million to reinvent the daily lives of people over 60

Skarlett is the brainchild of 3 seasoned entrepreneurs: Townley Le Guénédal (Innohealth), Aurélien Gouttefarde (Homeloop), and Benjamin Gaignault (Ornikar), who are on a mission to shatter age-old stereotypes about being 60 in 2023. Skarlett is a brand that finally responds to this generation’s main aspiration: to enjoy life!

Read