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French startup LumaApps landed $70 million from traders together with Goldman Sachs. These 9 slides stroll traders to the guts of its pitch.

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  • French startup LumApps is a cloud communications platform that makes it simpler for workers and managers in enterprise organizations with at the least 5,000 workers to speak with each other.
  • Based in 2012, LumApps introduced this week that it has raised $70 million in a Collection C funding spherical led by a brand new investor, Goldman Sachs. This brings the startup’s complete funding to $100 million.
  • Enterprise Insider obtained the pitch deck that LumApps used to boost funding.
  • Click here for more BI Prime stories.

Ensuring all people in your organization is aware of what is going on on is critically necessary, particularly in case you have hundreds of workers.

That is why communications instruments are a scorching market, and it is one during which LumApps is making nice strides.

The French startup says its cloud communications platform makes it simpler for organizations with 5,000 workers or extra to coordinate plans, share data, chat and even join with clients and companions.

LumApps, which was based in 2012, introduced Tuesday that it has raised $70 million in a Collection C spherical led by a brand new investor, Goldman Sachs. This brings the startup’s complete funding up to now to $100 million.

COPYRIGHT_BP: Published on https://bingepost.com/french-startup-lumaapps-landed-70-million-from-investors-including-goldman-sachs-these-9-slides-walk-investors-to-the-heart-of-its-pitch/9471/ by - on 2020-01-22T12:38:45.000Z

Sebastien Ricard, LumApps’ CEO and co-founder, stated the platform is geared to companies with at the least 5,000 workers.

“We’re for giant organizations,” he advised Enterprise Insider, citing a few of the startup’s main US clients, which embrace Colgate Palmolive, with 40,000 customers and Digital Arts, with 20,000 customers. LumApps stated its platform can also be utilized by main firms, akin to Airbus, Intuit and Google Cloud.

LumApps has round 200 workers and operates in main cities, together with Paris, London, New York and Tokyo.

This is the pitch deck LumApps used for its Collection C spherical:

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