42Cap and Partech back scnd's €4M funding round for e-commerce solutions

French SaaS firm, scnd, secures €4 million funding from 42Cap and Partech to expand its e-commerce solution for service marketplaces and strengthen market presence.
42Cap and Partech back scnd's €4M funding round for e-commerce solutions

French SaaS solution for services marketplaces scnd has raised a €4 million funding round. The round was backed by 42Cap and Partech.

Providing a white-labelled ecommerce solution for the services industry to take bookings for their services, the firm says its decision to fundraise was in order to ‘seize the current market momentum’. The fresh funding will allow the company to strengthen its foothold in existing markets and explore new opportunities to scale its offering.

“scnd's dedication to reshaping the service e-commerce landscape aligns perfectly with our vision for innovation in the tech industry. We're proud to support their journey and excited to see the positive impact they'll continue to make,” says Alex Meyer, 42Cap. 

It has also welcomed a couple of new members to the scnd team. Thomas Weyand takes up the position as acting Chief Revenue Officer and Sam Schneider steps in as the Chief Technical Officer. 

Lead image: via scnd. Photo: Uncredited

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