eFounders

eFounders
Private
Industry Technology
Founded 2011
Founder Thibaud Elziere, Quentin Nickmans
Headquarters Paris, Brussels
Website efounders.com

eFounders is a startup studio located in Paris and Brussels, focusing on enterprise software startups. It was founded in 2011 by Thibaud Elziere and Quentin Nickmans.[1]

Model

eFounders is a company that aims at repeatedly building several companies in parallel.[2] The team develops ideas internally and provides the first financial and human resources to help their startups grow and become independent within 18 months.

Market

eFounders focuses on building Software-as-a-Service (SaaS) startups addressing a global enterprise function or issue. The software applications are licensed on a regular basis to other startups and small businesses.[3] Their primary targets are companies between 5 and 5000 employees worldwide.

Achievements

Since its creation, eFounders has built 6 independent startups.

As an early and hands-on investor:

Created internally:

  • Textmaster: a Belgium startup that offers on-demand content translation, copywriting and proofreading.[5]
  • Pressking: a virtual pressroom acquired in February 2015 by ePressPack.[6]
  • Mention: a media monitoring tool competing against Google Alerts.[7]
  • Front: a San Francisco-based startup that provides a shared email box to businesses.[8]
  • Aircall: a cloud-based virtual phone system.[9]
  • Spendesk: a smart spending solution for company.[10]

In June 2015, eFounders raised $6 million from private investor Oleg Tscheltzoff.[11] In December 2016, eFounders raised an additional $5.3 million (€5 million) from entrepreneurs and family offices.[12]

See also

  • Venture builders

References

  1. Li, Charmaine (April 2, 2015). "Sizing up the startup studio model: A look at eFounders, a company that builds companies".
  2. Elziere, Thibaud (September 16, 2014). "Startup Studio: the 3rd Co-founder Model".
  3. Elziere, Thibaud (January 26, 2015). "eFounders' startup building thesis".
  4. Perez, Sarah (April 18, 2012). "Cloud Emailer Mailjet Hits 1 Billion Emails Sent, Launches Apps For Tracking Emails In Real Time". TechCrunch.com.
  5. O'Hear, Steve (June 25, 2015). "Translation And Copywriting Platform TextMaster Scores $5M In New Funding". TechCrunch.com.
  6. "ePressPack announces the acquisition of PressKing and pursues its international development". February 26, 2015.
  7. Dillet, Romain (December 18, 2013). "Mention Becomes A Full-Fledged Media Monitoring Tool With Buffer Integration". TechCrunch.com.
  8. Sullivan, Mark (September 30, 2014). "Team email startup Front raises $3.1M for 'multi-player version of Gmail'". VentureBeat.
  9. Dillet, Romain (June 2, 2015). "Aircall Is The Easiest Way To Create And Manage Your Phone Customer Service". TechCrunch.com.
  10. Dillet, Romain (December 8, 2016). "Startup studio eFounders raises $5.3 million because it can't get enough of SaaS". TechCrunch.com.
  11. Dillet, Romain (June 23, 2015). "Startup Studio eFounders Grabs $6 Million To Build 6 New SaaS Startups". TechCrunch.com.
  12. Dillet, Romain (June 15, 2016). "Spendesk makes expenses and company cards suck less". TechCrunch.com.
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