\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

Upflow's logo

Upflow

The payment platform for B2B businesses to get paid faster and easier

fintech / saas

upflow.io

Paris , France

2017

€16m

SERIES A

€10-15m

10-50

Sifted Take

Upflow’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.

DreamQuark's logo

DreamQuark

Provide bank and insurance sales and customer engagement teams with AI based recommendations that generate new sales opportunities and engage better customers

fintech / saas

dreamquark.com

Paris , France

2014

€18m

EARLY VC

€57-85m

10-50

Sifted Take

Dreamquark’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.

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Libeo's logo

Libeo

Cash flow management tool

enterprise software / fintech

libeo.io

Paris, France

2019

€26m

SERIES A

€80-120m

10-50

Sifted Take

Libeo’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.

Outsight's logo

Outsight

Outsight brings Full Situation Awareness to smart machines

artificial intelligence / deep tech

outsight.tech

Paris , France

2019

€21m

GRANT

€73-109m

10-50

Typology's logo

Typology

Typology is a Paris-based project created to radically change the skincare and consumer industry for the better

manufacturing / B2C

typology.com

Paris , France

2018

€9m

SEED

€35-53m

10-50

Iziwork's logo

Iziwork

A platform for job seekers to find temporary work assignments

deep tech / marketplace

iziwork.com

Paris , France

2018

€56m

SERIES A

€48-72m

100-500

Sifted Take

The app for gig workers, currently available in France and Italy, matches them with employers within four hours. Between April and December 2020, the number of employees on the app quadrupled.

Unlike other gig apps, employees are given a 10% paid annual savings account and instant deposits when they secure an assignment.

In January 2021, the platform raised $43m in new funding from Cathay Innovation and Bpifrance, bringing its total raised to $68m — which it hopes to use to expand into other countries.

Pigment's logo

Pigment

Saas startup based in Paris

saas / fintech

gopigment.com

Paris , France

2019

€24m

SERIES A

€94-141m

10-50

Ornikar's logo

Ornikar

France's leading online driving school

education; transportation / navigation & mapping

ornikar.com

Paris, France

2014

€155m

SERIES C

€140-210m

100-500

Kayrros's logo

Kayrros

Brings in­sights to global oil and gas and en­ergy mar­kets

energy; enterprise software /

kayrros.com

Paris, France

2016

€34m

SERIES B

€89-133m

100-500

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Welcome to the Jungle's logo

Welcome to the Jungle

Recruitment and employment media startup

media; jobs recruitment /

welcometothejungle.co

Paris, France

2014

€29m

SERIES A

€81-122m

100-500

Sifted Take

The job search site and multimedia company have 270 staff worldwide, and in October 2019 raised $22m in a round that included XAnge, Bpifrance and Gaia Capital.

The startup experimented with a four-day work week in 2019, sharing its conclusions in a report and documentary.

Alkemics's logo

Alkemics

Enabling personalised shopping experience in both the digital and real world

marketing; enterprise software / ecommerce solutions

alkemics.com

Paris, France

2011

€46m

SERIES B

€84-126m

50-100

Proprioo's logo

Proprioo

Alternative to traditional real estate agencies and sites of sale between individuals when you want to sell your property

real estate / real estate services; search, buy & rent

proprioo.fr

Paris, France

2016

€26m

SERIES B

€80-120m

100-500

Gymlib's logo

Gymlib

Access to fitness spaces

wellness beauty; sports / sport league & club

gymlib.com

Paris, France

2013

€14m

EARLY VC

€40-60m

50-100

comet's logo

comet

Marketplace for freelancer

jobs recruitment /

comet.co

Paris, France

2016

€13m

SERIES A

€44-66m

100-500

Vestiaire Collective's logo

Vestiaire Collective

Circular fashion platform

ecommerce / fashion

vestiairecollective.com

Paris, France

2009

€397m

LATE VC

€1bn

500-1000

Sifted Take

Vestiaire Collective is now a hallmark in the European sustainable and ‘circular fashion’ subsector. Based in Paris, the company has received backing from Balderton Capital, Bpifrance and Condé Nast, the fashion-focused media company.

The company became a unicorn in March 2021 after raising €178m from Tiger Global Management, Bpifrance, Eurazeo and Kering.

Vestiaire Collective told Sifted that despite an initial dip in sales during the first Covid-19 lockdown, sales surpassed those before the pandemic. In April it experienced its biggest sales day since launching in 2009, and its Series G round in the same month raised €59m.

Though it now boasts over 9m users in 90 countries, it’s still competing against Lithuania’s Vinted and the UK’s Depop. It also dropped from La French Tech’s Next40 list (2020) to the FT120 in this year’s rankings.

For more, read our report on the French tech revolution.

Doctrine's logo

Doctrine

Aims to revolutionize the traditional legal research and publishing industry

legal; education / legal documents management

doctrine.fr

Paris, France

2016

€12m

SERIES A

€40-60m

50-100

Sketchfab's logo

Sketchfab

Publish interactive 3D content online

media / content production

sketchfab.com

Paris, France

2012

€11m

EARLY VC

50-100

StarOfService's logo

StarOfService

To find the best professional for any service close to home

jobs recruitment /

starofservice.com

Paris, France

2012

€11m

SERIES A

€36-55m

50-100

Papernest's logo

Papernest

Takes the most binding administrative steps in place of its customers

fintech; real estate / real estate software; real estate services; mortgages & lending

papernest.com

Paris, France

2015

€10m

SERIES A

€40-60m

100-500

Toosla's logo

Toosla

Car-sharing app

transportation / mobility

toosla.com

Paris, France

2016

€9m

SERIES A

€32-48m

10-50

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