\The Parisian startups and scaleups to watch in 2021

\The Parisian startups and scaleups to watch in 2021

These are the startups driving innovation in the heart of France — one of Europe's key tech ecosystems.

Paris is home to some of the most hyped startups in Europe and boasts a dynamic tech ecosystem. Startups such as Doctolib, Alan and Agricool are just some of those at the forefront of the continent’s new economy.

Our team of experts at Sifted have chosen a list of Parisian startups and scaleups we think you need to know about, with an added “Sifted take” one some to provide an extra layer of insight on the most interesting.

(P.S The data is from European Startups with valuation estimates from Dealroom. If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected]).

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Cityscoot's logo

Cityscoot

Electric scooters rental

energy; transportation / mobility

cityscoot.eu

Paris, France

2014

€79m

SERIES B

€94-142m

100-500

Medadom's logo

Medadom

healthtech / mobile app

medadom.com

Paris, France

2017

€40m

SERIES A

50-100

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Evaneos's logo

Evaneos

Online platform that directly connects travellers to local travel agencies

travel / online travel agency

evaneos.com

Paris, France

2009

€98m

LATE VC

€291-436m

50-100

Swile's logo

Swile

An app to pay for food from restaurants

fintech / food

swile.co

Paris , France

2018

€114m

SERIES C

€280-420m

100-500

Sifted Take

Swile is a services for non-work interactions at work, like grouping lunch orders and chipping in for a colleague’s birthday gift. It’s based in Montpellier, south of France.

Shift Technology's logo

Shift Technology

Fraud-detection technology designed for insurance industry

security; fintech / identity & access; insurance

shift-technology.com

Paris, France

2013

€289m

SERIES D

€212-318m

100-500

Virtuo's logo

Virtuo

App-based car rental experience that's so good, you'll never need to own a car again

mobility / transportation; car rental

govirtuo.com

Paris, France

2015

€117m

GROWTH EQUITY

€80-120m

100-500

360Learning's logo

360Learning

E-learning strategy provider

education /

360learning.com

Paris, France

2010

€38m

LATE VC

€149-224m

100-500

Klaxoon's logo

Klaxoon

Team colaboration software

education; enterprise software /

klaxoon.com

Paris, France

2014

€50m

SERIES B

€182-273m

100-500

Finexkap's logo

Finexkap

Web-based platform providing short-term working capital solutions

fintech / mortgages & lending

finexkap.com

Paris, France

2012

€47m

EARLY VC

€160-241m

10-50

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Finfrog's logo

Finfrog

Smart personal loans

fintech / mortgages & lending

finfrog.fr

Paris , France

2016

€8m

EARLY VC

€20-30m

10-50

Sifted Take

"Finfrog’s on our list of French fintechs to watch post-Brexit.

For in-depth analysis of the French tech ecosystem, read the latest issue of The Sift report."

Ankorstore 's logo

Ankorstore

The first marketplace to connect brands and designers with boutiques all over Europe

marketplace and ecommerce / retail

ankorstore.com

Paris , France

2016

€122m

SERIES B

€100-150m

10-50

Wandercraft's logo

Wandercraft

Develops robotic innovative wheelchair for disabled people

health; robotics / medical devices

wandercraft.eu

Paris, France

2012

€20m

SERIES B

€60-90m

50-100

Molotov's logo

Molotov

Reinvents how people watch tv

media / subscription

molotov.tv

Paris , France

2015

€8m

SERIES B

€33-49m

100-500

Sifted Take

Obviously due to the pandemic, more people than ever are using streaming platforms.

Molotov’s challenging the monopolies of Netflix, Disney Plus and Amazon Prime — with over 11m users. It offers content with broadcast rights owned by TV stations, but it was also one of the responsive companies that launched a product for kids and students, picked to fit curriculums for all ages.

Its last round, a Series B in December 2016, included participation from Idinvest Partners, TDF Ventures and Sky.

Early in the pandemic, its viewership grew more than 200%, but for now, its primary focus is growth rather than finding short-term paying customers. We’re watching to see if that strategy pays off — beyond the pandemic too.

Luko's logo

Luko

A low cost smart device that improves your home safety and helps you reduce your electricity bill

insurance / fintech

luko.eu

Paris , France

2016

€72m

SERIES B

€200-300m

50-100

Angell's logo

Angell

Designed and produced a smart bike for better mobility experience

manufacturing / mobility

angell.bike

Paris , France

2018

€10m

SEED

10-50

Qwarry's logo

Qwarry

Semantic marketing platform

saas / subscription

qwarry.com

Paris , France

2019

€2m

SEED

€8-12m

10-50

PacketAI's logo

PacketAI

PacketAI uses AI to automate IT Operations

subscription / deep tech

packetai.co

Paris , France

2018

€2m

SEED

€8-12m

10-50

Swan's logo

Swan

Part of the “banking-as-a-service trend”. Offers white label banking features.

banking platform / payments

swan.io

Paris, France

2018

€5m

EARLY VC

€20-30m

10-50

Sifted Take

Swan’s on our list of French fintechs to watch post-Brexit.

For in-depth analysis of the French tech ecosystem, read the latest issue of The Sift report.

Joko 's logo

Joko

A mobile app that rewards the user every time they spend using their bank card

payments / fintech

hellojoko.com

Paris , France

2018

€12m

SERIES A

€40-60m

50-100

Sifted Take

The cashback app gives users points and rewards for the money they spend.

In October 2020, it raised a huge €10m in its Series A round, which included previous investors Partech and Axeleo Capital. It intends to use the money to expand its cashback rewards program.

It’s also on our list of French fintechs to watch post-Brexit.

Pixpay's logo

Pixpay

Offers digital bank card for 10-18 year old teenagers that is managed by their parents

fintech / saas

pixpay.fr

Paris , France

2019

€11m

EARLY VC

€32-48m

10-50

Sifted Take

Banking for under-18s is a hot topic, and elsewhere on this list you’ll find Gimi and goHenry designed for younger children. Pixpay is the French card for teenagers, filling the awkward gap between pocket money and grown up money management.

It’s competing against the lies of Osper and recently launched Revolut Youth in one of the most interesting areas of fintech that we’re pretty sure will boom in 2021.

From marketing using influencers to rumours of a TikTok spinoff payments app, we’re keeping an eye on how the French contingent will negotiate the changes.

It’s also on our list of French fintechs to watch post-Brexit.

Read our intelligence report on the French tech revolution to find out more.

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