French Wity raises €4.7 million to help entrepreneurs

shaheen@tech.eu

wity

French accounting group Secab has launched Wity, a platform geared toward entrepreneurs to help with public accounting, law and strategy. The startup has now raised €4.7 million euros from the investment fund M Capital Partners.

Many entrepreneurs believe that administrative formalities, obtaining financing and choosing their legal structure are the main obstacles to starting a business. To simplify the process for these entrepreneurs, Wity offers a new technology that uses artificial intelligence and a personal assistant. Created in 2016 by Aurélie Charnier and Pascal Lorain, the French startup is aimed at young entrepreneurs aged 25 to 35.

The new funding will be used to develop the startup’s digital platform.

Read more: Maddyness (French)

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