IPaidThat

Paris, France Founded: 2016 • Age: 10 yrs Acquired By Groupe BPCE
SaaS-based accounting solutions for startups
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About IPaidThat

IPaidThat is a company based in Paris (France) founded in 2016 was acquired by Groupe BPCE in September 2024.. IPaidThat has raised $11.06 million across 2 funding rounds from investors including Groupe BPCE, Bpifrance and Truffle Capital. IPaidThat operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.

  • Headquarter Paris, France
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11.06 M (USD)

    in 2 rounds

  • Latest Funding Round
    $9.38 M (USD), Series A

    Sep 27, 2021

  • Investors
    Groupe BPCE

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Groupe BPCE

    (Sep 19, 2024)

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People of IPaidThat
Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Clément Aubert
Chief Financial Officer (cfo)
People
Emma Grandclement
Head of customer support
People
Mikael Raphael SONDI (B.Eng - M.Sc)
Data & Backend Engineer
People
Julia Vasseur
Sales Business Development

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Funding Insights of IPaidThat

IPaidThat has successfully raised a total of $11.06M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.38 million completed in September 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
  • Total Rounds 2
  • Last Round Series A — $9.4M
  • First Round

    (09 Apr 2019)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Series A - IPaidThat Valuation Bpifrance
Apr, 2019 Amount Series A - IPaidThat Valuation Truffle Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in IPaidThat

IPaidThat has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Groupe BPCE, Bpifrance and Truffle Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Truffle Capital is recognized as a leading European venture capital firm.
Founded Year Domain Location
Tech startups are funded by Adelie, a venture capital entity.
Founded Year Domain Location
Corporate consultancy, advisory, and funding services are provided to businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by IPaidThat

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - IPaidThat

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ipaidthat Comparisons

Employees
+
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Competitors of IPaidThat

IPaidThat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuit, Visma, Xero, Wave and FreshBooks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Financial and accounting software is developed for businesses and individuals.
domain founded_year HQ Location
Cloud-based ERP software is provided for business management across segments.
domain founded_year HQ Location
Cloud-based accounting and payment management is offered for small businesses.
domain founded_year HQ Location
Web-based accounting software is offered for business use.
domain founded_year HQ Location
Cloud-based invoicing and accounting software is offered for businesses.
domain founded_year HQ Location
Cloud-based accounting software is provided for small businesses and freelancers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ipaidthat

Frequently Asked Questions about IPaidThat

When was IPaidThat founded?

IPaidThat was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is IPaidThat located?

IPaidThat is headquartered in Paris, France.

Is IPaidThat a funded company?

IPaidThat is a funded company, having raised a total of $11.06M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.69M, raised on Apr 09, 2019.

What does IPaidThat do?

IPaidThat was founded in 2016 in Paris, France, and operates in the SaaS sector focused on accounting for startups. Invoices are aggregated centrally through artificial intelligence, with data such as amounts, dates, and taxes extracted automatically. Secure storage is provided for accounting documents, alongside tools for bank reconciliation and expense management. Operations emphasize streamlined financial processes for early-stage companies.

Who are the top competitors of IPaidThat?

IPaidThat's top competitors include Intuit, Visma and Clear.

Who are IPaidThat's investors?

IPaidThat has 4 investors. Key investors include Groupe BPCE, Bpifrance, Truffle Capital, and Adelie.

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