French e-commerce startup Mr Suricate announces a second funding round of €2 million with West Web Valley, SWEN Capital Partners and its existing investor Pays De la Loire Participation (SIPAREX). This comes after a first fundraising in February 2019 of €500K, from Pays de la Loire Développement – Sodero Gestion, and Pays de la Loire Participations – regional funds advised by SIPAREX,
In 2015, e-commerce experts Fabrice Beck and Fabien Van Herreweghe realised that there was no product on the market for companies to detect and qualify bugs in their customer experience journey. After 3 years of research and development, the duo launched Mr Suricate in 2018 in a package model, so their corporate clients aren’t hit with any unexpected costs and can continuously monitor and test their websites, in real-time. The startup has already won major clients, such as FNAC Darty and TUI France.
With the fresh funds, the startup intends to further enrich its technical innovations currently in place, accelerate its commercial development and expand its team, with the creation of more than 60 positions.
Fabrice BECK, President of Mr Suricate, commented: “This second round, which takes place only 15 months after the first, is very important for Mr. Suricate. It gives our company the means to achieve its ambitions. Currently, there is no company test on the market like Mr Suricate with the capacity to present a global offer of tools and services. With this fundraising, we will be able to quickly fulfill all of our objectives, while crossing new technical milestones, especially in the deep learning of the tool in order to further enrich our services. In addition, we will be able to massively recruit more than 60 employees by the end of 2022 in order to support the growth of the company and initially position ourselves quickly for continuous integration” (quote translated from French).
“The SWEN investment committee was won over by the relevance of Mr Suricate’s solution, which is fully in line with the trend of efficient digitalization. We are all the more delighted to be able to support Fabrice, Fabien and their teams whose human values join those of SWEN Capital Partners”, commented the SWEN Capital Partners team (quote translated from French).
