Monday 21st September, 2020
French headquartered Per Angusta has just completed a new $3.8 million financing round with Hi Inov Dentressangle, which includes historical shareholders Kreaxi and Pleiade Venture and financial support from Business Angels.
Supported by this Series A fundraising, Per Angusta is entering a new phase of development. The company said it will use the funds to accelerating international deployment, legitimising leadership in the Procurement Performance Management (PPM) segment, and intensifying R&D to broaden the solution’s functionality.
Pierre Laprée, Per Angusta CEO and Founder, said, “Our solution is widely adopted because it provides functional depth while remaining very simple to use, connecting easily to our customers' environment, and complementing their existing procurement solutions. With more than 50% of our business already being conducted abroad, the additional funds will enable us to recruit additional talent, strengthen our product development efforts, and offer our customers a sustainable and scalable solution to support them in the development of their procurement organisations.”
With a portfolio of more than 100 customers operating all over the world, the Per Angusta solution addresses the needs of all types of organisations, including SMEs, public sector players, and large international groups. Leading international companies such as Accor, Air France KLM, LVMH and Imperial Brands utise Per Angusta every day to structure their activities and increase collaboration and transparency with their stakeholders and finance departments.