About iFollow
iFollow is a Retail company based in Palaiseau (France) founded in 2017 by Vincent Jacquemart and Nicolas Menigoz, and was acquired by stow Group in May 2022. Robotic solutions are offered for material picking and handling. It operates in the Retail, Transportation, Automotive & Logistics, and Industrial Goods & Manufacturing sectors. iFollow has raised $10.17 million across 2 funding rounds from investors including stow Group, Supernova Invest and Socadif. Its chief executive, as recorded, is Vincent Jacquemart. iFollow offers products and services including Warehouse Robotics. Its focus areas include High Tech, Professional Service Robots, Logistics and Warehouse Automation.
Company details
iFollow was founded in 2017 and is based in Palaiseau, France. Robotic systems for material picking and handling are developed, focusing on automation in logistics and retail. An autonomous trolley is provided with weight capacity and sub-zero temperature compatibility, alongside a smart shopping cart for stores. Order management, inventory management, and store operations are supported through integrated features. Web-based software is used for product control and oversight.
- Headquarters Palaiseau, France
- Founders Vincent Jacquemart, Nicolas Menigoz
- Stage Acquired
- SectorsRetailTransportation, Automotive & Logistics Industrial Goods & Manufacturing Technology
- Website ifollow.fr/movu-robotics-en
- Social LinkedIn X Facebook
- Acquired by stow Group (May 2022)
- Total Equity Funding$10.17M (USD)
in 2 rounds
- Latest Funding Round$8.73M (USD), Series A
Oct 2021
- Investorsstow Group
& 5 more
- Acquired bystow Group
(May 2022)
Products & Services of iFollow
iFollow offers a comprehensive portfolio of products and services, including Warehouse Robotics.
Robotic systems designed to handle warehouse tasks efficiently.
Funding Insights of iFollow
iFollow has successfully raised a total of $10.17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.73 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10.17M
- Total Rounds 2
- Last Round Series A — $8.73M
- First Round $1.44M
(May 2018)
- Investors Count 5
All 2 funding rounds of iFollow with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $8.73M | Series A | – | Supernova Invest | |
| May 2018 | $1.44M | Seed | – | NCI, Axeleo Capital | – |
6 investors in total: 6 institutional.
Investors in iFollow
iFollow has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include stow Group, Supernova Invest and Socadif.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| supernovainvest.com | ||||
| socadif.fr | ||||
Tech investment platform is operated to support European startups. | axc.vc | |||
NCI is engaged in regional private equity investment in France. | 2000 | n-ci.com | Rouen, France | |
| bpi-france.fr | ||||
Designer, developer, and supplier of pallet racking, shelving systems, and warehousing solutions | 1977 | stow-group.com | Kortrijk, Belgium |
Investor details for iFollow
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of iFollow
20 people are tracked at iFollow (6 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
Vincent Jacquemart | Co-Founder & CEO | Leadership |
Nicolas Menigoz | Co-Founder | Leadership |
Rémy LEVEQUE | VP Sales France et Bénélux | Leadership |
Frazer Watson | Vice President of Sales | Leadership |
Olivier Pommares | Vice President Of Sales - Spain, Italy & Portugal (stow Group) | Leadership |
Rebecca Ingram | Head of HR | Leadership |
Malek Radhouen | Ingénieur Full Stack | Team |
Duc-Canh Nguyen | Senior Perception Engineer | Team |
Diana Davoyan | Marketing And Communications Manager | Team |
Ciré LY | Data scientist engineer & backend developer | Team |
Nicolas Vallée | Senior Developer Project Lead | Team |
José Mendes Filho | Lead Robotics Software R&D | Team |
Benoit Boyeau | Robotics Software Engineer | Team |
Ismail Hamrouni | Quality Test Engineer | Team |
Matheus Laranjeira | Robotics Engineer | Team |
Sidharth Sahdev | Global Sales Executive [Technical] | Team |
HASSENE TEKAYA | Robotics Engineer | Team |
Romain Desarzens | Software Engineer (Robotics) | Team |
Mathieu NOWAKOWSKI | Software Engineer - robotics expert for autonomous localization | Team |
Alex George | Robotics Engineer | Team |
Complete people profiles for iFollow
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of iFollow
4 dated milestones of iFollow across 5 years, from founding to its latest funding, stage changes and deals.
- Founded iFollow is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Series A, of $8.7M.
- Exit Acquired by stow Group.
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Frequently Asked Questions about iFollow
iFollow was founded in 2017 and raised its 1st funding round 1 year after it was founded.
iFollow is headquartered in Palaiseau, France. It is registered at Palaiseau, Essonne, France.
Vincent Jacquemart is the CEO of iFollow, as recorded in our data. They have also founded this company.
iFollow is a funded company, having raised a total of $10.17M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.44M, raised on May 2018.
iFollow was founded in 2017 and is based in Palaiseau, France. Robotic systems for material picking and handling are developed, focusing on automation in logistics and retail. An autonomous trolley is provided with weight capacity and sub-zero temperature compatibility, alongside a smart shopping cart for stores. Order management, inventory management, and store operations are supported through integrated features. Web-based software is used for product control and oversight.
iFollow offers Warehouse Robotics.
iFollow has 6 investors. Key investors include stow Group, Supernova Invest, Socadif, Axeleo Capital, and NCI.
Yes. iFollow was acquired by stow Group in May 2022.