Tech Company Financing Transactions
Faks Funding Round
Faks secured a $5.4 million funding round on 5/17/2023. Investors included Cocoa, Connect Ventures and Seedcamp.
Transaction Overview
Company Name
Announced On
5/17/2023
Transaction Type
Venture Equity
Amount
$5,389,000
Round
Undisclosed
Investors
Proceeds Purpose
This funding round is decisive to further consolidate our leadership position in the French market and the starting point for our internationalisation. After having partnered up with 60% of French pharmacies, we are convinced that our solution can profoundly transform the business of pharmacy professionals throughout Europe.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
50, Rue de Paradis
Paris, Île-de-France, 75010
FR
Paris, Île-de-France, 75010
FR
Phone
Website
Email Address
Overview
Faks was founded in 2020 by Corentin, a tech entrepreneur, and Clément, a former delegate, surprised by the lack of digital solutions in the relationship between pharmacies and laboratories. After several months of investigating in the field, all our interlocutors described a low level of digitization which translates into a high number of repetitive, time-consuming tasks with low added value. This represents, in the end, a very significant waste of time and money.
Management Team
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