French data science company Ekimetrics raises €24 million

Ekimetrics, a French company working in data science for enterprise, is taking on €24 million in funding from two minority shareholders: Tikehau Capital and Bpifrance. Through a combination of technology and consulting (and a team of over 240 data scientists), the Paris-based business provides “industrialized” data science solutions for corporations, helping them optimise the ROI of all sorts of operations. Ekimetrics says it has seen organic growth of around 30 percent per year since its founding in 2006. Today the company has clients in over 50 countries and its own offices in London, New York and Hong Kong. The founders of Ekimetrics, who retain a controlling stake, hope to invest in international growth, particularly through subsidiaries in the US and China. On the product side, the new funding will speed up the rollout of the company’s Core Data Science Platform, expand its library of off-the-shelf business modules and enhance other parts of the service.

Photo: Part of the Ekimetrics team