Paris 3rd October 2018 – Jolt Capital SAS, an independent private equity firm, regulated by the Autorité des Marchés Financiers (AMF), has announced that it is leading a €20m growth capital investment in Vectaury, a Paris based Retail Analytics leader.
Founded in 2014, Vectaury provides physical stores and brands with insights and a contextual awareness of their customers to better serve their needs with timely communications and nearby offers. Faced with ever-increasing competition from online stores, Vectaury’s solution is enabling the high-street stores to leverage their prime locations by enhancing their understanding of recurring and prospective clients.
Using real-time physical world awareness, Vectaury’s insights are revolutionizing the quality and quantity of interactions to the benefit of companies and consumers. With well over 100 large retailers & brands already signed up – including automobile manufacturers, clothing brands, pharma companies, restaurants, supermarkets and shopping centres – Vectaury is well placed to expand its offering globally.
With strong triple digit annual growth over the last number of years, Vectaury will again maintain this impressive record for 2018, while 2019 is also likely to be another bumper year. This investment will allow Vectaury to further roll out its offering internationally, satisfying the strong demand from large existing clients who are eager to use Vectaury elsewhere throughout Europe and beyond.
Underpinned by its ‘privacy first’ strategy and dedication to data science, Vectaury is now the default trusted partner for GDPR compliant data and leading-edge insights, derived from its extensive R&D efforts, which will also be reinforced following this investment.
Commenting on the deal, co-founder and CEO Matthieu Daguenet suggested that, ”this fundraising is an important milestone for the company, as a recognition of the leading position in the RetailTech market we have created, and the huge potential and market pull for our solution. Given Jolt Capital’s expertise across artificial intelligence and software solutions, we’re delighted to be launching our next phase of growth with their support.”
Laurent Samama, the Partner at Jolt Capital leading the transaction remarked, “as investors in technology companies, we have been impressed by the technical maturity and market potential of Vectaury’s software, which has been validated by many of the leading brands and marketers. Jolt’s investment aims to accelerate the global growth of the company, which will profoundly transform the way brands target their customers, guaranteeing them efficiency and compliance with personal data regulations.”
- About Vectaury
Vectaury, the most effective drive-to-store solution on the market, assists retailers & brands at every stage of the customer journey, driving qualified leads to outlets, while always respecting the privacy of mobile users. Based on the location data, our proprietary technology enables retailers and brands to activate their customers and prospects, analyze the activity around their points of sale and measure the impact of their cross-media devices. Founded in 2014, Vectaury works with over 100 brands and agencies with the ability to reach more than 25 million qualified profiles in France. For more information, visit www.vectaury.io
- About Jolt Capital
Jolt Capital SAS is an independent Private Equity firm investing in fast growing, profitable, globally-oriented technology companies of European origin, with revenues between €10m and €100m. Jolt Capital has invested in and catalysed various champion technology companies, including Heptagon (now part of SIX:AMS), Inside Secure (EUR:INSD), Fogale Nanotech, Alpha Mos (EUR:ALM) and Blackwood Seven. Jolt Capital is currently managing an excess of €150m. The firm is authorized and regulated by the AMF (Autorité des Marchés Financiers).
- Natacha Heurault – heurtault@early-com
- Jolt Capital
- Maryse Dewever – email@example.com