News
Piléa, the Berkeley-born start-up, raises $2 million to fuel its expansion
Only a few months after its incubation within the Entrepreneurs Roundtable Accelerator (ERA) in New York, Piléa — a start-up that detects e-commerce website flaws, founded by SKEMA Business School students Baptiste Vanpoperinghe and Amaury Grange (MSc Entrepreneurship, Technology & Start-up Management and Master in Management (PGE)) — has reached a new milestone with a major fundraising round.
After quadrupling its revenue in just 60 days, Piléa is preparing to raise $2 million to accelerate the development of its AI-powered visual analysis technology and strengthen its presence in the US market. “We kicked off the fundraising at ERA’s Demo Day, where I pitched in front of more than 350 investors, and the response has already been incredible. This investment will allow us to accelerate the development of our visual analysis technology and expand our footprint in the United States. We’ve quadrupled our revenue in only 60 days and are growing the team to support the 80 companies currently on our waitlist,” explains Baptiste Vanpoperinghe, co-founder and CEO alongside Amaury Grange.
A solution already embraced by leading brands
Already adopted by several major brands such as Delsey Paris, CashConverters Norte, Tikamoon, Greenweez and Hindbag, Piléa’s AI-driven solution automatically detects and fixes visual and ergonomic defects on e-commerce websites, helping to boost conversion rates. “Piléa perfectly illustrates the tangible opportunities generated by AI and the relevance of the Entrepreneurship, Technology & Start-up Management programme launched in partnership with the Sutardja Center for Entrepreneurship and Technology. Baptiste and Amaury have a clear, ambitious vision, outstanding execution skills, and are both reliable and talented. Watch this space!” says Nicolas Servel, Director of the MSc Entrepreneurship, Technology & Start-up Management.
