Bridgepoint strategically invests in LumApps, marking the exit of IRIS in a deal valued at $650m
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Bridgepoint strategically invests in LumApps, marking the exit of IRIS in a deal valued at $650m
Bridgepoint will acquire a majority control in the leading next-generation intranet provider
- Bridgepoint will acquire a majority control in the leading next-generation intranet provider.
- Existing backers including IRIS will sell their shareholdings while founders and senior management remain strongly invested in the company’s equity and business.
Headquartered near Lyon, France, LumApps is a cloud-based social intranet for enterprises, enhancing workplace engagement and productivity by making it easier for employees to work, communicate and collaborate.
The scale-up develops and offers an AI-powered interface that integrates with companies’ communications platforms such as Google Workspace and Microsoft 365, and hundreds of other business apps and HR resources, such as Workday, ServiceNow, Zoom, Salesforce, Box and SAP SuccessFactors. Centralised into a single SaaS serving as a digital front door for employees, these apps, data and insights can be accessed through their conversational AI interface.
IRIS invested in the $70m Series C funding round of LumApps in 2019, alongside Eurazeo Growth, Growth Equity at Goldman Sachs Alternatives and Bpifrance Large Venture.
Since then, the company delivered impressive growth and market leadership, now counting more than 5million users and around 700 clients worldwide and achieving profitable growth. It has very successfully expanded its presence within the wider employee experience industry, through the development of advanced capabilities including video and mobile, as well as innovative new products such as Gen-AI Companion and micro-learning solutions.
IRIS is very happy to have supported this extremely successful growth. Erik de la Rivière, Managing Partner at IRIS, adds: “I am also very proud to have supported the outstanding team led by Sébastien Ricard. Throughout this journey, I was very impressed by their strong vision and their capacity to transform it into great success. I wish the team and Bridgepoint all my best wishes for the next chapter of continued success!”
- Bridgepoint will acquire a majority control in the leading next-generation intranet provider.
- Existing backers including IRIS will sell their shareholdings while founders and senior management remain strongly invested in the company’s equity and business.
Headquartered near Lyon, France, LumApps is a cloud-based social intranet for enterprises, enhancing workplace engagement and productivity by making it easier for employees to work, communicate and collaborate.
The scale-up develops and offers an AI-powered interface that integrates with companies’ communications platforms such as Google Workspace and Microsoft 365, and hundreds of other business apps and HR resources, such as Workday, ServiceNow, Zoom, Salesforce, Box and SAP SuccessFactors. Centralised into a single SaaS serving as a digital front door for employees, these apps, data and insights can be accessed through their conversational AI interface.
IRIS invested in the $70m Series C funding round of LumApps in 2019, alongside Eurazeo Growth, Growth Equity at Goldman Sachs Alternatives and Bpifrance Large Venture.
Since then, the company delivered impressive growth and market leadership, now counting more than 5million users and around 700 clients worldwide and achieving profitable growth. It has very successfully expanded its presence within the wider employee experience industry, through the development of advanced capabilities including video and mobile, as well as innovative new products such as Gen-AI Companion and micro-learning solutions.
IRIS is very happy to have supported this extremely successful growth. Erik de la Rivière, Managing Partner at IRIS, adds: “I am also very proud to have supported the outstanding team led by Sébastien Ricard. Throughout this journey, I was very impressed by their strong vision and their capacity to transform it into great success. I wish the team and Bridgepoint all my best wishes for the next chapter of continued success!”
- Bridgepoint will acquire a majority control in the leading next-generation intranet provider.
- Existing backers including IRIS will sell their shareholdings while founders and senior management remain strongly invested in the company’s equity and business.
Headquartered near Lyon, France, LumApps is a cloud-based social intranet for enterprises, enhancing workplace engagement and productivity by making it easier for employees to work, communicate and collaborate.
The scale-up develops and offers an AI-powered interface that integrates with companies’ communications platforms such as Google Workspace and Microsoft 365, and hundreds of other business apps and HR resources, such as Workday, ServiceNow, Zoom, Salesforce, Box and SAP SuccessFactors. Centralised into a single SaaS serving as a digital front door for employees, these apps, data and insights can be accessed through their conversational AI interface.
IRIS invested in the $70m Series C funding round of LumApps in 2019, alongside Eurazeo Growth, Growth Equity at Goldman Sachs Alternatives and Bpifrance Large Venture.
Since then, the company delivered impressive growth and market leadership, now counting more than 5million users and around 700 clients worldwide and achieving profitable growth. It has very successfully expanded its presence within the wider employee experience industry, through the development of advanced capabilities including video and mobile, as well as innovative new products such as Gen-AI Companion and micro-learning solutions.
IRIS is very happy to have supported this extremely successful growth. Erik de la Rivière, Managing Partner at IRIS, adds: “I am also very proud to have supported the outstanding team led by Sébastien Ricard. Throughout this journey, I was very impressed by their strong vision and their capacity to transform it into great success. I wish the team and Bridgepoint all my best wishes for the next chapter of continued success!”
Bridgepoint strategically invests in LumApps, marking the exit of IRIS in a deal valued at $650m
Bridgepoint will acquire a majority control in the leading next-generation intranet provider
- Bridgepoint will acquire a majority control in the leading next-generation intranet provider.
- Existing backers including IRIS will sell their shareholdings while founders and senior management remain strongly invested in the company’s equity and business.
Headquartered near Lyon, France, LumApps is a cloud-based social intranet for enterprises, enhancing workplace engagement and productivity by making it easier for employees to work, communicate and collaborate.
The scale-up develops and offers an AI-powered interface that integrates with companies’ communications platforms such as Google Workspace and Microsoft 365, and hundreds of other business apps and HR resources, such as Workday, ServiceNow, Zoom, Salesforce, Box and SAP SuccessFactors. Centralised into a single SaaS serving as a digital front door for employees, these apps, data and insights can be accessed through their conversational AI interface.
IRIS invested in the $70m Series C funding round of LumApps in 2019, alongside Eurazeo Growth, Growth Equity at Goldman Sachs Alternatives and Bpifrance Large Venture.
Since then, the company delivered impressive growth and market leadership, now counting more than 5million users and around 700 clients worldwide and achieving profitable growth. It has very successfully expanded its presence within the wider employee experience industry, through the development of advanced capabilities including video and mobile, as well as innovative new products such as Gen-AI Companion and micro-learning solutions.
IRIS is very happy to have supported this extremely successful growth. Erik de la Rivière, Managing Partner at IRIS, adds: “I am also very proud to have supported the outstanding team led by Sébastien Ricard. Throughout this journey, I was very impressed by their strong vision and their capacity to transform it into great success. I wish the team and Bridgepoint all my best wishes for the next chapter of continued success!”
- Bridgepoint will acquire a majority control in the leading next-generation intranet provider.
- Existing backers including IRIS will sell their shareholdings while founders and senior management remain strongly invested in the company’s equity and business.
Headquartered near Lyon, France, LumApps is a cloud-based social intranet for enterprises, enhancing workplace engagement and productivity by making it easier for employees to work, communicate and collaborate.
The scale-up develops and offers an AI-powered interface that integrates with companies’ communications platforms such as Google Workspace and Microsoft 365, and hundreds of other business apps and HR resources, such as Workday, ServiceNow, Zoom, Salesforce, Box and SAP SuccessFactors. Centralised into a single SaaS serving as a digital front door for employees, these apps, data and insights can be accessed through their conversational AI interface.
IRIS invested in the $70m Series C funding round of LumApps in 2019, alongside Eurazeo Growth, Growth Equity at Goldman Sachs Alternatives and Bpifrance Large Venture.
Since then, the company delivered impressive growth and market leadership, now counting more than 5million users and around 700 clients worldwide and achieving profitable growth. It has very successfully expanded its presence within the wider employee experience industry, through the development of advanced capabilities including video and mobile, as well as innovative new products such as Gen-AI Companion and micro-learning solutions.
IRIS is very happy to have supported this extremely successful growth. Erik de la Rivière, Managing Partner at IRIS, adds: “I am also very proud to have supported the outstanding team led by Sébastien Ricard. Throughout this journey, I was very impressed by their strong vision and their capacity to transform it into great success. I wish the team and Bridgepoint all my best wishes for the next chapter of continued success!”
- Bridgepoint will acquire a majority control in the leading next-generation intranet provider.
- Existing backers including IRIS will sell their shareholdings while founders and senior management remain strongly invested in the company’s equity and business.
Headquartered near Lyon, France, LumApps is a cloud-based social intranet for enterprises, enhancing workplace engagement and productivity by making it easier for employees to work, communicate and collaborate.
The scale-up develops and offers an AI-powered interface that integrates with companies’ communications platforms such as Google Workspace and Microsoft 365, and hundreds of other business apps and HR resources, such as Workday, ServiceNow, Zoom, Salesforce, Box and SAP SuccessFactors. Centralised into a single SaaS serving as a digital front door for employees, these apps, data and insights can be accessed through their conversational AI interface.
IRIS invested in the $70m Series C funding round of LumApps in 2019, alongside Eurazeo Growth, Growth Equity at Goldman Sachs Alternatives and Bpifrance Large Venture.
Since then, the company delivered impressive growth and market leadership, now counting more than 5million users and around 700 clients worldwide and achieving profitable growth. It has very successfully expanded its presence within the wider employee experience industry, through the development of advanced capabilities including video and mobile, as well as innovative new products such as Gen-AI Companion and micro-learning solutions.
IRIS is very happy to have supported this extremely successful growth. Erik de la Rivière, Managing Partner at IRIS, adds: “I am also very proud to have supported the outstanding team led by Sébastien Ricard. Throughout this journey, I was very impressed by their strong vision and their capacity to transform it into great success. I wish the team and Bridgepoint all my best wishes for the next chapter of continued success!”
