BoondManager has raised €32 million in a funding round led by Expedition Growth Capital to enhance its SaaS platform for IT services companies and accelerate growth.

Information on the Target

Founded in Brest in 2009, BoondManager is a leading SaaS platform that enhances the daily operations of recruiters, sales teams, administrative staff, and executives. Through its user-friendly and collaborative platform, BoondManager provides an integrated management solution designed specifically for IT services and consulting firms. Over the years, BoondManager has steadily built a strong client base, now serving over 1,500 clients and 80,000 users.

BoondManager stands out in the market due to its bootstrapped business model, maintaining profitability from the start while achieving an impressive annual growth rate of over 30%. The recent funding round raised €32 million for a minority share in the company, which will support BoondManager's continued dominance in the ESN sector in France and facilitate its expansion into new markets.

Industry Overview in France

The digital transformation of businesses in France has accelerated in recent years, with companies increasingly adopting software solutions to enhance efficiency and productivity. Th