Wegrow, a Paris, France-based AI-powered best practice sharing platform, has raised €7 million in Series A funding.
Investors
The round was led by Nauta Capital, with participation from Wille Finance, Shapr Ventures, Scalefund, VU Venture Partners, and she1K.
Nauta is a pan-European venture capital firm specializing in early-stage B2B software companies. With offices in London and Barcelona, it manages over half a billion in assets and has a team of 20. Nauta invests in B2B SaaS with strong network effects, enterprise tech transforming industries, and deep-tech solutions for large enterprises.
Wegrow Use of Funds
The fresh funds will allow Wegrow to expand its platform's capabilities beyond marketing and sales, introducing customized AI-driven solutions for finance, supply chain, R&D, and human resources teams.
About Wegrow
Wegrow offers an AI-powered platform designed to optimize business efficiency and reduce costs by scaling and sharing best practices across organizations. Its proprietary rating system intelligently matches best practices to the right users at the right time in a secure environment, helping businesses save time and money while driving significant ROI. Wegrow supports various departments, including marketing, sales, finance, and human resources, and is used by major companies across sectors like food and beverage, technology, and pharmaceuticals, such as Mondelez, Bayer, HP, Kraft Heinz, and Nestlé.
Funding Details
Company: Wegrow
Raised: €7.0M
Round: Series A
Funding Date: September 2024
Lead Investor: Nauta Capital
Additional Investors: Wille Finance, Shapr Ventures, Scalefund, VU Venture Partners, she1K
Company Website: https://www.wegrow-app.com/
Software Category: Team Collaboration & Best Practices
Source: Claudia Urquiola