Startup Filigran has reached a new milestone by raising €15 million in Series A funding. But who is this promising company and why is it attracting so much interest? Find out in this article about Filigran's history, its innovative activities, its dazzling growth and its impressive financial performance.

Filigran's origins

Filigran was founded in 2018 by two visionary engineers, Claire Dupont and Jean Martin. The idea was born out of their desire to revolutionize cybersecurity by offering innovative solutions for businesses of all sizes. Based in Paris, the startup quickly attracted attention thanks to its unique approach and cutting-edge technology.

The company specializes in the development of cybersecurity solutions based on artificial intelligence. Filigran offers a range of products from data protection software to cyber-attack monitoring and response services. Their flagship product, "Filigran Shield", uses advanced algorithms to detect and neutralize threats in real time.

A booming development 

Since its creation, Filigran has gone from strength to strength. In just a few years, it has gone from being a start-up to a key player in the cybersecurity sector. In 2020, the company doubled its sales thanks to an ambitious development strategy and international market expansion. Today, Filigran has over 100 employees and continues to recruit to support its growth.

Financial performance and fundraising

Filigran has raised several major rounds of financing to fund its growth. The recent Series A round of €15 million adds to the €5 million raised in their first financing round in 2019. This funding has enabled the company to strengthen its team, invest in research and development, and expand into new markets. By 2023, Filigran has reached sales of 10 million euros and an estimated market valuation of 50 million euros.

Filigran: key information

Number of employees to date :
+50 employees

Sales :
10 million euros in 2023

Initial public offering :
Estimated at 50 million euros

Scalability :
Ambition to expand into the U.S. and Australia

Mantra / Quotes :
"Although we wanted to go fast, we had a plan that was a little more spread out in time. As a result, we've really stepped up the pace, and now we've really hit the ground running."concedes Samuel Hassine, CEO of Watermark.

 

We're talking about them! 

Maddyness: Startup Filigran closes €15 million Series A financing round

 

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David B - Financial expert

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