About Obat
Obat is a company based in Nantes (France) founded in 2019 by Franck Asseray.. Obat has raised $19.08 million across 2 funding rounds from investors including Truffle Capital, Crédit Mutuel Innovation and New Alpha Asset Management. Obat offers products and services including Obat Software, Mobile Application, and Price Library. Obat operates in a competitive market with competitors including Procore, Hover, Nemetschek Group, Aconex and Viewpoint, among others.
- Headquarter Nantes, France
- Founders Franck Asseray
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name O-Bat
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.08 M (USD)
in 2 rounds
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Latest Funding Round
$13.09 M (USD), Series A
Nov 24, 2023
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Investors
Truffle Capital
& 7 more
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Employee Count
Employee Count
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Products & Services of Obat
Obat offers a comprehensive portfolio of products and services, including Obat Software, Mobile Application, and Price Library. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for creating quotes and invoices in building sector
App for on-the-go project tracking and management
Database of prices for construction materials and services
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Funding Insights of Obat
Obat has successfully raised a total of $19.08M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.09 million completed in November 2023. 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 Funding
- Total Rounds 2
- Last Round Series A — $13.1M
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First Round
First Round
(15 Sep 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - Obat | Valuation | Crédit Mutuel Innovation , NewAlpha Asset Management | |
| Sep, 2022 | Amount | Series A - Obat | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Obat
Obat has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Truffle Capital, Crédit Mutuel Innovation and New Alpha Asset Management. 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.
| Investor | Description | Founded Year | Domain | Location |
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Long-term investments in startups are facilitated by this company.
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Founded Year | Domain | Location | |
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New Alpha Asset Management is engaged in portfolio management and investment solutions.
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Founded Year | Domain | Location | |
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Seed-stage investments in startups are provided by Kima Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Obat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Obat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Obat Comparisons
Competitors of Obat
Obat 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 Procore, Hover, Nemetschek Group, Aconex and Viewpoint, 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 |
SaaS project management software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Hover is recognized for providing construction and renovation software solutions.
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| domain | founded_year | HQ Location |
Provider of management solutions for the construction sector
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| domain | founded_year | HQ Location |
Cloud-based project management software is delivered for construction projects.
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| domain | founded_year | HQ Location |
SaaS-based project management solutions are delivered for construction.
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| domain | founded_year | HQ Location |
SaaS project management software for homebuilders is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Obat
Frequently Asked Questions about Obat
When was Obat founded?
Obat was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Obat located?
Obat is headquartered in Nantes, France. It is registered at Nantes, Pays De La Loire, France.
Is Obat a funded company?
Obat is a funded company, having raised a total of $19.08M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.99M, raised on Sep 15, 2022.
What does Obat do?
Obat was founded in 2019 in Nantes, France, as an online platform focused on the construction sector. Personalized quotes and invoices are created by users to facilitate billing processes. Operations are centered on streamlining documentation for construction professionals, with tools provided for efficiency in project management. The platform serves the French market primarily, supporting various billing needs in the industry.
Who are the top competitors of Obat?
Obat's top competitors include Procore, Hover and Nemetschek Group.
What products or services does Obat offer?
Obat offers Obat Software, Mobile Application, and Price Library.
Who are Obat's investors?
Obat has 8 investors. Key investors include Truffle Capital, Crédit Mutuel Innovation, New Alpha Asset Management, Kima Ventures, and NCI.
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