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French software solution for services marketplaces, Scnd, has raised 4 million euros in a funding round. The company wants to use the capital injection to expand its ecommerce solution, as well as strengthen its position in the market.

Scnd is a French SaaS solution for the service industry. The company has launched a white-labelled ecommerce solution where companies in the service industry can take bookings for their services. It currently has clients in France, Germany, the United Kingdom and the United States.

Expanding into existing markets

In a funding round, it was able to secure 4 million euros. With the capital injection, the company can further expand into its existing markets. It will do this by working together with partners such as consulting firms, integrators and payment service providers.

‘The funding allows us to explore new opportunities for scaling our impact.’

“The decision to secure this funding now is aligned with our commitment to seize the current market momentum. It will enable us to not only strengthen our presence in existing markets but also explore new opportunities for scaling our impact”, said Anthoni Noyon, co-founder of Scnd.

‘Innovation in the tech industry’

“Scnd’s dedication to reshaping the service ecommerce landscape aligns perfectly with our vision for innovation in the tech industry. We are proud to support their journey and excited to see the positive impact they will continue to make”, says Alex Meyer of 42Cap, one of the investors that backed the funding round.