InsideBoard, a Paris, France-based provider of a SaaS platform for organizational change management based on Artificial Intelligence, raised €25m in Series B funding round.
The round was led by AXA Venture Partners, with participation from Orange Ventures and ISAI Cap Venture, and Entrepreneur Venture.
The company intends to use the funds to expand operations and its business reach, particularly in the United States, and to continue to develop product development, with the coming launch of the latest version of its API.
Founded in 2014 by brothers Michaël and Yohan Bentolila, InsideBoard provides a SaaS platform for companies to engage teams remotely. The platform uses artificial intelligence and employs an objectives-based approach inspired by Google’s OKR (Objectives & Key Results) system, which motivates teams and rallies them around expected successful outcomes. The platform integrates with the main software tools on the market (Salesforce, Microsoft, Oracle, Ivalua, SAP, ServiceNow, etc.), and, together with its renowned consulting and integration partners, engages all the agents of a company’s transformation.
It has 150,000 active users from clients such major companies as Covéa, PSA, Adecco, EDF, LafargeHolcim, Crédit Agricole and La Poste.
InsideBoard has offices in Paris, New York and San Francisco and employs more than 80 people.