Hexa tried something new. Instead of accomplishing the start of the ground up and may be incubation for the first year or so, the start-based studio based on Paris-based Paris obtains paris to get the majority stuff on WaterSoftware-as-A-Services companies for the museum provides solution to tickets, CrisiteTing comments funds, CRC and collection collection.
Hexa is a familiar name in French ecosystem. The start studio began living in 2011, because of his efounders and regularly came to the new technology company. This is trying to find the right ceiling team and help them with product design, go-to-market strategies, hiring, and fundraising.
After this first phase, the company is right, but Hexa remains a significant stake on the lid table. Some of the successful Hexa portfolio companies including Front, Aircall, Amuse and SwanSee rankings-.
But Veevart is not a new opening. Founded in 2014 and is currently used 160 museum and culture all the size of the world. With a team of 70 people, Veevart has been profitable.
The product has been designed as a whole-in-one platform for the museum, built above Salesforce. The Museum that uses Veevart can create and organize events, selling ticket and onsite, organizing communications for members and join with museums to museums.
Many museums use multiple tools for all of these tasks. Have one platform easier to manage and maintain the time.
The reason why Veevart depends greatly against Salesforce Falling Echeverry – before the career, he has been unplugged and promoting work and salesforce.
“I will not say that I ‘choosing’ to build on top of salesforce. We often obey the law. We do not choose the most important techforce,” Aceverry Velasco tells technrcrch.
Although some restriction of platforms, they added the building above the Salesforce to have some advantages such as security, scale and access to the Salesportal ecosystem.
Veevart has bootstrapped myself for the past decade and profitable for some time – “no profits, but profitable,” Velasco Aceverry.
“So when you start chatting with hexa, we don’t look too much for a partner, but more for your partners can help us achieve your income faster and pain.
With this investment, hexa acts as one of the business partners for your business partner. The start studio is an € 5 million investment ($ 5.4 million at current exchange rates) as the main Holder Holder in Veevart.
“Our objective is Hexa can help you get $ 20 million (the annual recurrence income), applying the best products, (go-market), sales, and leadership,” Velasco leadership.
Private Equity Companies usually do not participate in small deals like this, when the VC company usually finds a company with developing potential. But hexa sure that it can raise Veevart until the next level by providing operational skills to accelerate corporate growth.
