Teamstarter investment from ODYSSEE VENTURES, GO CAPITAL, BPVF , MATTERS & Business Angels

The first French platform for intra-company participative financing raises €7 million to become the European leader in employee engagement

Growth capital 2022, November

Enterprise software

“The successful companies of tomorrow will be those who focus on people. Our tool enables employees to become active players in their company by allowing each person, regardless of their job or age, to change things at their own pace by choosing and implementing impactful initiatives that they will carry out from A to Z thanks to the trust placed by the company. The objective is to mobilise collective intelligence with employees working hand in hand to put their ideas into shape, make their project known within their company and, once the funds have been reached, deploy the initiative themselves. It's not table football that engages people, and Teamstarter activates the right motivational levers: taking the initiative, trust, empowerment, bottom up, collaboration.”

Ségolène Mouterde, CEO of Teamstarter

With an annual growth rate of 400%, bootstrapped and profitable since its creation with a hundred or so clients, Teamstarter attracts the trust of prestigious investors such as Odyssée Venture, Matters, Financière Vecteur (investment vehicle of Banque Populaire Val de France). Business Angels Benoît and Bertrand Leclercq (Chairman of Créadev and Founder of Abor et Sens and Chairman of the Abilways group), Nicolas Petrovic (former CEO of Siemens and Eurostar), Benoît Queyrel (serial entrepreneur and founding chairman of AptiSkills) and Patrick Dixneuf (former Managing Director of Aviva Europe and Chairman of the Cercle Turgot) are also interested in Teamstarter.

Founded by Ségolène Mouterde and Vincent Desmares, within the start-up studio Matters, Teamstarter wants to make the Human the strength of tomorrow's companies with the first intra-company participative financing platform that allows each employee to act on their own scale by creating, financing, and implementing internal initiatives thanks to a monthly budget allocated by the company to each employee. After bringing more than 3,000 projects to life, Teamstarter intends to continue its mission to become the leader in employee engagement and enable its clients to attract, motivate, understand, and retain the best people. For this first round of financing, institutional investors and business angels have chosen to invest in a platform unlike any other, which empowers employees through a bottom-up approach to corporate engagement. The leak and war for talents has never been so present in Europe, Teamstarter is tackling these two problems by enabling its clients to re-engage their employees by making them actors and intrapreneurs of their company and thus move the lines at their level.

By raising €7 million, Teamstarter aims to further accelerate its annual growth and prepare its international expansion. To achieve this, the start-up is working on developing new features to attract talent, engage employees and continue to provide a unique and personalised experience for employees. With 45 employees, the start-up is preparing to recruit around 40 people to strengthen its product, marketing and sales divisions.