Chift Announces Seed Funding Round
We raised seed funding to accelerate our expansion and unleash the power of integrations in Europe
We are thrilled to announce that we have secured €2.3M in new funding to accelerate our development and expand into new European markets.
This capital increase is a strong testament to our vision and demonstrates our ambition to accelerate our growth and become a European leader in the sector. This is only the beginning of our journey towards connecting every financial software, in one click.
Focus on the product
At Chift, we deeply believe that integrations are crucial for software companies, and that we can streamline the entire software connectivity to deliver a frictionless experience to end-users. A Unified API makes developer’s life easier. It is like a multi-plug: with a single integration, it unlocks a whole ecosystem of connections within a specific vertical.
Our recent funding round will accelerate our ability to enhance our connectors and expand our reach to new countries. We are committed to providing our customers with the best possible support and ensuring that our platform evolves to meet their needs.
Driving customer’s growth and efficiency
When we founded Chift in 2022, our goal was clear: to transform the way SaaS companies manage integrations. The idea was born out of our own frustrations with the time-consuming process of building integrations.
Since then, we have grown rapidly. After raising pre-seed money with Seeder Fund and Wallonie Entreprendre, we joined Station F in Paris, the world’s largest technology startup incubator. Chift was eventually selected as one of the 40 most promising companies on campus. We now serve clients in 5 different countries, including some of Europe’s largest fintechs like Pennylane, Agicap, Mollie, Qonto and many more. With over 50 live connectors across 4 verticals and more in development, our platform is designed to make integrations as easy and efficient as possible.
Our unified API platform has become a crucial tool for companies aiming to integrate seamlessly with various financial tools. It reduces development time and costs, enhances clients’ competitive advantage, increase their Total Addressable Market (TAM), and foster collaboration within the fintech ecosystem.
A fundraising to accelerate European SaaS connectivity
The round was led by Entourage, a VC fund based in Ghent focused on B2B SaaS and founded by Pieterjan Bouten, the founder of Showpad. It was followed by international fintech investor Shapers, led by Philippe Teixeira da Mota. Existing investor Seeder Fund increased its participation and was joined by an amazing group of industry expert business angels from all over Europe:
🇧🇪 Belgium: Hans Kluwer (ex-Winbooks) & Marc Coppens (ex-Yuki / Visma)🇳🇱 Netherlands: Dann Bibas (Public & ex-Wise)🇪🇸 Spain: Hugo Arévalo, Gonzalo Manrique, Eduardo Salvo
"Thank you for being part of our journey. We look forward to achieving even greater milestones together. We are hiring ! If you are interested to join us, please have a look at our job openings: Looking for the next star ⭐️" Gauthier Henroz, Founder & CEO
Public response to the announcement
We are thrilled by the response we've received from partners, clients, key industry players and the press. In addition to the dozens of posts, here are some of the articles about the funding round announcement
🔹 L'echo
🔹 De Tijd
🔹 La Libre
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