With this new round of financing, the company is now valued at $5.6 billion, twice as much as a year ago.
The summer of 2022 is already shaping up to be a record high for the financing of French Tech. Because, after a very nice month of June according to the EY barometer, the company Contentsquare announces a fundraising of 600 million dollars. This financing is made up of a new financing round of 400 million euros, led by the international investment fund Sixth Street and 200 million dollars in debt.
World leader in the analysis of the functioning of websites and applications, Contentsquare is one of the locomotives of French Tech. The company sells software tools for analyzing the behavior of an Internet user on a site or on a given application (mouse or finger movements on the screen, time spent on a page, movement within the site, etc…) and thus maximize the “conversion rate”, that is to say the propensity of the Internet user to buy the goods or services offered. More than 1000 large companies are now using its solution around the world.
Annual growth greater than 100%
Many existing investors – Bpifrance, Canaan, Eurazeo, Highland Europe, KKR, SoftBank Vision Fund 2 and
funds and mandates managed by BlackRock – also participated in this operation. Since the last fundraising in May 2021, Contentsquare’s valuation has doubled, now reaching $5.6 billion.
This financing will enable Contentsquare to invest more heavily in innovation, particularly through new acquisitions, and to accelerate its international development. The company has already made six acquisitions in the past three years.
The company, founded and led by Jonathan Cherki, boasts several hundred million dollars in annual recurring revenue (ARR) and annual growth exceeding 100%. “We have a clear vision of our development for the next twenty years – this is just the beginning of the adventureยป, assures the CEO.
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