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Modjo raises 7 million euros to build the CRM of tomorrow!
Over the past ten months, Modjo has grown exponentially.
Major customers have joined the adventure (Spendesk, Swile, BackMarket, PayFit and Doctolib spring to mind), and our team has grown: the adventure that began with three friends is now a solid 30-strong team, with new talent joining us every month.
Our ambition is to create the CRM of tomorrow and become number 1 in Europe.
Modjo's technology enables companies to analyze the hundreds of video conferences, calls and e-mails that teams have with prospects every day to gain valuable insights. This information will enable salespeople to improve their sales processes, and continually enhance and improve their performance.
The idea was born out of an observation: existing CRMs have a complicated interface, and the data they contain is often incomplete and subjective. At Doctolib, I spent my days listening to my sales colleagues, identifying their areas for improvement or helping them to improve their sales process. Modjo is the tool I would have dreamed of having at my disposal. Everything would have been easier and smoother, and we'd have been even stronger.
Today, I'm pleased to announce a Series A financing of 7 million euros and the arrival of the Daphni fund. We will be able to invest heavily in improving our product and creating new value-added functionalities for our customers. We will also be welcoming new talent to support our growth and, finally, we will be opening an office in Germany in the coming months to accelerate our European expansion. If you're as excited as we are about transforming the CRM industry, get in touch. We look forward to welcoming you!
Our ambition is commensurate with the market opportunity: $127 billion. And the Daphni fund, which is joining our historical investors (business angels and the Aglaé Ventures fund), has clearly understood this:
"We were won over by the Modjo team's vision and ability to execute. In a competitive world, being close to customers' needs and responding to them is a competitive advantage. That's whatModjo makes possible," emphasize Pierre-Yves Meerschman and Paul Bazin.
Our success is a clear example of what happens when a team of talented people believe passionately in what they do. Our ambition is immense, and this Series A represents a big step in that direction.
I'd like to thank all our customers and the entire Modjo team for their contribution to this wonderful human adventure. Without them, nothing would be possible.
Let's go !
Paul Berloty, CEO and co-founder of Modjo