News - September, 2019
Munich/Paris/San Francisco – September 18, 2019 – Cipio Partners participates in a €16.5 million growth round along Hi Inov and Entrepreneur Venture
Agorapulse, headquartered in Paris, develops a platform that empowers businesses and agencies to grow and engage a fan & follower base, measure performance, and optimize Facebook presence with advanced publishing and moderation tools.
The company employs more than 65 highly skilled team members from all over the world and has a rapidly growing user base of over 22,500 users across 6,200 accounts. Agorapulse has been bootstrapped since its inception to achieve €10 million in ARR, with year-on-year growth above 65%.
Established by Emeric Ernoult, CEO, and Benoit Hediard, CTO, the social media management platform has expanded significantly in recent years expanding to 180 countries globally with North America and Western Europe accounting for 80% of their client base.
Commenting on the successful fundraising round and plans for the future, Agorapulse CEO Emeric Ernoult said:
“With Hi Inov, Cipio Partners and Entrepreneur Venture we have found three very strong investors who will help Agorapulse achieve our next stage of growth in the social media management space and enable us to continue providing effective and affordable social media solutions to medium businesses and agencies all across the globe.”
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