INSUBCONTINENT EXCLUSIVE:
European startup studio eFounders has shared some metrics about its portfolio companies
The startup studio has launched 23 companies with a focus on software-as-a-service enterprise products.While eFounders might not be a
familiar name, some of the companies in its portfolio have become promising startups with impressive growth, such as Front, Aircall, Forest,
Spendesk, Mailjet and others
At the end of 2017, the same metric was at $385 million.Overall, eFounders companies have raised $254 million from VC funds and business
angels, and employ 1,000 people, mostly in Paris, San Francisco and New York
At first, the core eFounders team comes up with an idea and hires a founding team
In exchange for financial and human resources, the startup studio keeps a significant stake in its startups.After a year or two, startups
should have proven that they can raise a seed round and operate on their own
This way, eFounders can move on to the next project and start new companies
Up next, eFounders is already working on five new companies.
