Brussels-based cloud integration software Chift has secured €2.3 million in a seed funding round led by Entourage.
- Founded in 2021 by Gauthier Henroz, Henry Hertoghe, and Matthieu Hertoghe, Chift develops a cloud-based platform that simplifies and accelerates software application integrations.
- The platform offers a single connection to multiple native integrations, allowing software vendors to expand their connectivity and provide more value to customers. It also includes invoicing tools, e-commerce platforms, and point-of-sale software.
- Chift is trusted by several SaaS companies, including AGICAP, Pennylane, Axonaut, Vertuoza, Pleo, Mollie, Qonto, and Libeo.
Details of the deal
- Entourage led the investment round, a Ghent-based venture capital firm that invests in founders building high-growth B2B SaaS companies, with size tickets ranging between €300,000 and €2 million.
- The funding round saw participation from Spanish Shapers and Belgian Seeder Fund, and various business angels.
- The funding round will enable Chift to expand its operations across Europe, increase its workforce, and enhance its product.
“I am excited for the future challenges and the opportunities they will bring for us to grow and innovate together. This funding will enable us to keep investing in our customer experience and achieve our goal of becoming the European leader regarding financial integrations,” co-founder at Chift, Matthieu Hertoghe, stated on LinkedIn.
