Paris-based Phacet has sourced €4m of seed funding for the creation of managed artificial intelligence to boost SME Productivity. Its previous funding round attracted investors from the technology, finance, and retail industries making Phacet one of the pioneers in the AI industry for business optimization.
Find out how Phacet is disrupting the AI market for SMEs with €4 million in backing and providing business-specific AI solutions to improve productivity in a range of industries.
Investors:
Motier Ventures, Aglaé Ventures, Emblem, Origins, Kima, Financière Saint James, Robin Capital, and BetterAngle all backed the investment.
Additionally, 148 business angels from different industries backed the startup. Thibaud Elzière (Hexa), Damien Marc (JPB Système), Philippe Corrot (Mirakl), Des Traynor (Intercom), Florian Douetteau (Dataiku), Rodolphe Ardant (Spendesk), and Guillaume Moubèche (Lempire) are among the investors.
Custom AI Solutions for SMEs:
ICIC where Phacet stands, and its primary mission concentrates on making AI available and products unique for SMEs. Moreover, it offers precise solutions that enhance its clients’ performance based on Artificial Intelligence technology. Their solutions are simple with the intent of being incorporated within the business operations thus providing maximum advantage.
AI Bootcamp for Businesses:
Phacet also has an AI Bootcamp in which the client’s teams work together with Phacet’s AI engineers to develop specific AI applications. This approach gives companies accurate solutions tailored to meet their specific requirements and solve their problems. Through the centralization of data connectivity, businesses hence, witness easy implementation and controlled costs.
Proven Success Across Sectors:
The solutions offered by Phacet have already been successfully implemented in several European companies, among them the Smartbox company, thanks to which artificial intelligence effectively changed e-commerce, finance, and customer services. By 2025, Phacet wants to continue to develop its AI portfolio in the retail and finance, industry, and services markets.
Expert-Led Innovation:
The founders of Phacet are successful AI and B2B SaaS experts, and through their previous businesses, they delivered exceptional solutions. Moreover, CEO and founder Nicolas Marchais reassured that the company aims to provide solutions that foster the rapid development of AI models while addressing the practical management and operational needs of SMEs. In addition, the goal is to guide companies from the initial phase of considering AI all the way to effectively using it in their operations.
Human-Centric AI Solutions:
The core strength of Phacet’s attempt lies in adding value to human intelligence. As a result, this streamlines repetitive tasks, allowing employees to complete more work efficiently while focusing on critical tasks without any hassle. Moreover, Phacet’s AI is not about implementing a solution to replace employees—instead, it enhances human teams by serving as a valuable add-on.
Phacet’s recent funding strengthens its ability to revolutionize how SMEs operate with AI. With its unique and seamless integration offering, Phacet enables enterprises to access the power of AI for maximum results and value-added.
