The Lyon-based HR software company has been operating for 20 years, first as an on-premise software before switching to SaaS. It has clients in the public and private sector that use the software to manage more than two million employees. The new funds will be invested in research and development and growing the company’s presence among the SMB market in France and eventually internationally.
“Isatis Capital has a true entrepreneurial mindset and extensive experience in helping companies in their build-up strategy, especially internationally. With their support, we will carry out our ambitious plan for Fœderis,” said Estelle Peltier, CEO of Fœderis.
“We have been convinced by the product's functionalities and architecture enabling the company to provide customers with unparalleled customization potential. We are thrilled to support Estelle Peltier, whose strategic vision was a key element to our decision to invest”, said Isatis Capital’s Bertrand Limoges and Charles Collin in a statement.