Symmalean, software publisher of management of QHSE and CSR management systems, is partnering with Turenne Emergence Asminority investor to accelerate its development with the ambition to become one of French references in QHSE, RSE and CSRD software.
Founded in 2013 by Aurélien Castel and based in Vendée, Symalean offers a software And a Mobile app efficient, composed of 8 modules, making it possible to manage all QHSE issues (quality, health, safety, environment). Intended for a clientele of major accounts, ofETI And of Multi-site SMEs, Symalean allows important productivity gains in the management of these regulatory issues, while making the monitoring of data and action plans implemented.
In 2017, Symalean raised funds from Pays de la Loire Participations and Finple to accelerate the development of software and initiate the marketing of its solution. These investments led the company into a phase of strong growth (doubling of income over the last two fiscal years). This operation marks the capitalistic exit of Pays de la Loire Participations and Finple.
Following private discussions initiated with Aurélien Castel, the entrance to Turenne Emergence, for a investment of 5 million euros, mark a new phase of development for Symalean, aimed at strengthen its commercial presence in France and internationally. At the same time, the company is innovating with the launch, this year, of a CSRD module meeting the needs of businesses for the design of their sustainability reports requiring a very large number ofextra-financial performance indicators, already present in the Symalean software. The injected means will also make it possible to produce external growth transactions, discussions are already under way.
On the occasion of this operation of capital development, Turenne Emergence begins the deployment of its new vehicle, Turenne Emergence II, dedicated to software and environmental services companies. The latter, currently in the process of raising, has already secured the amount of its predecessor, i.e. around two thirds of its objective of €120 million. Les targeted investment tickets, minority or majority, will be from 3 to 15 million euros as part ofprimary operations essentially.
Aurélien Castel, founding director of Symalean : “This operation gives Symalean new means to accelerate in QHSE and address the promising CSRD market, and strengthen our structure in a context of strong development. I thank the Turenne Emergence teams for their trust.”
Stéphane Saudo, Nicolas Mallassagne and Eugène Argellies, investors at Turenne Emergence : “We were impressed by the quality of the teams, led by Aurélien Castel, and the efficiency of the software, resulting in a high level of customer satisfaction. In a context where companies must quickly equip themselves with tools to professionalize their monitoring of regulatory and environmental issues (carbon footprint reduction, CSRD, etc.), Symalean seems perfectly positioned to capture shares in this booming market.”
