As Viva Technology, the Paris mega tech conference kicks off, the organizers have released their annual "Top 100 Next Unicorns" which was compiled in partnership with financial advisory firm GP Bullhound, plus contributions from Accel, Eurazeo, NorthZone, and Partech.
The criteria for selecting companies include growth, funding raised, employment growth, and impact. The 100 fastest-growing companies in Europe include 22 from the U.K., 21 from France, and 14 from Germany. Of those 100, 43 are Saas companies, 16 are Digital Media, and 16 are AI/Big Data.
Unicorn status may not have the prestige it did just a couple of years ago. Still, the companies on the list are certainly ones to watch. The track record for this Top 100 list is not terrible: One out of three companies on the list between 2019 and 2023 went on to become unicorns.
Here's the list of French companies included in the Top 100:
360Learning
Category: Digital Media
Summary: 360Learning develops a collaborative learning solution to help companies unlock learning based on collective expertise.
Founders: CEO Nick Hernandez, CRO Guillaume Alary-Raisonnier, and CTO Sebastien Mignot.
Funding: $242 million
Investors: Silver Lake Partners, Hi Inov, XAnge, Bpifrance, Sumeru Equity Partners, Softbank Capital, Educapital, Sap.io, ISAI Ventures.
Website: http://360learning.com
Agicap
Category: Enterprise SaaS
Summary: Agicap builds a SaaS platform for SMBs to manage and forecast their cash flows.
Website: https://agicap.com
Akeneo
Category: Enterprise SaaS
Summary: Akeneo is a global leader in Product Experience Management (PXM) solutions.
Website: http://www.akeneo.com
Alma
Category: Fintech
Summary: Alma is a provider of installment-based payments through a large merchant network.
Website: https://almapay.com/
Brevo
Category: Enterprise SaaS
Summary: Brevo is a developer of a cloud-based digital marketing platform used to build strong customer relationships.
Website: https://www.brevo.com
Cubyn
Category: Marketplace
Summary: Cubyn offers fulfillment services for e-businesses.
Website: https://www.cubyn.com/fr/
Dashlane
Category: Big data/AI
Summary: Dashlane is a leading credential manager that removes complexity by pairing comprehensive security with ease of use.
Website: http://www.dashlane.com
DataDome
Category: Enterprise SaaS
Summary: DataDome is a cybersecurity company that provides bot protection software to detect and prevent online fraud.
Website: https://datadome.co
Deepki
Category: Enterprise SaaS
Summary: Deepki helps real estate owners reduce their carbon footprints.
Website: https://www.deepki.com/
Descartes Underwriting
Category: Fintech
Summary: Descartes Underwriting is an insurtech company that specializes in climate risk modeling and data-driven risk transfer.
Website: https://descartesunderwriting.com
Homa
Category: Digital Media
Summary: Homa is a gaming technology platform that publishes and creates mobile games for studios and developers.
Website: https://homagames.com
iAdvize
Category: Enterprise SaaS
Summary: iAdvize is a conversational marketing platform that connects customers in need of advice with experts who are available 24/7 via messaging.
Website: http://www.iadvize.com
InterCloud
Category: Enterprise SaaS
Summary: InterCloud is the European leader of Software-Defined Cloud Interconnection (SDCI).
Website: https://www.intercloud.com
Lifen
Category: Marketplace
Summary: Lifen is your simple and secure exchange of medical letters assistant.
Website: https://www.lifen.fr/
LumApps
Category: Enterprise SaaS
Summary: LumApps is a social, mobile, and smart intranet to connect and engage all employees in a central hub.
Website: http://www.lumapps.com
Malt
Category: Marketplace
Summary: Malt is a curated local marketplace that connects the best freelancers and customers.
Website: https://www.malt.com
PASQAL
Category: Big data/AI
Summary: Pasqal develops neutral atom-based quantum processors, simulators, and computers.
Website: https://www.pasqal.com
Pigment
Category: Enterprise SaaS
Summary: Pigment is a business forecasting platform that handles business strategy in real-time.
Website: https://gopigment.com
Shippeo
Category: Enterprise SaaS
Summary: Shippeo is a supply chain visibility platform that provides shippers instant access to predictive information of all deliveries.
Website: http://www.shippeo.com
Swan
Category: Fintech
Summary: Swan’s Banking-as-a-Service platform is the easiest way for companies to embed accounts, cards, and payments into their product.
Website: https://swan.io
Sweep
Category: Enterprise SaaS
Summary: Sweep is a software company developing software for businesses to reduce their carbon emissions.
Website: https://www.sweep.net