Cikisi raises €2.7 million Pre-Series A round to accelerate growth and extend its market

To support its development over the next two years, Cikisi has successfully raised €2.7 million this summer. This funding round welcomes three new investors: Angelwise, a Belgian investment fund specialized in ICT and SaaS, finance&invest.brussels, the regional investment company of Brussels, and a new renowned Business Angels with a relevant SaaS track record. Next to these three new investors, the founders, the historical Business Angels and investment funds, Investsud and Sambrinvest, also participated in this round.

Cikisi offers a powerful B2B SaaS solution that optimizes the full workflow of Market Intelligence teams – from data collection to enrichment, analysis, and distribution of actionable insights. The platform features advanced search and indexing capabilities, semantic text analysis, and a continuously updated data repository of over one billion documents.

With a Seed round in June 2021, Cikisi fine-tuned their B2B SaaS Market Intelligence solution to perfectly suit the needs of large international industrial and service companies. They succeeded in establishing good traction and an advantageous competitive position by seamlessly integrating cutting-edge technologies with an intuitive and user-friendly interface.

Cikisi aims to reach a positive EBITDA by the end of 2024 and is preparing a serie A round for 2025.

“Our primary goal for the next two years is to accelerate our growth by tapping into new sales channels and expanding into new geographic markets. We will continue targeting European markets beyond Belgium where we already generate 70% of our sales, and where we will build a local commercial presence.”
– Valéry Mainjot, CEO & Co-Founder of Cikisi

“To better coordinate our teams, Cikisi will also open a new office in Brussels before the end of the year. With these new financial resources, we are fully equipped to go from market challenger to market leader.”
– Franck Di Liberto, Sales Manager & Co-Founder of Cikisi

“Angelwise is ready to support Cikisi in its mission to become the leading Market Intelligence platform. We were impressed by their client portfolio, showcasing Cikisi’s ability to convince large industrial, IT and service-sector companies. This proven track record, the strong product and their operational excellence convinced us that Cikisi is ready to scale across Europe. By investing and joining the board, I’ll bring our SaaS network and strategic expertise to the table.”
– Marc Mommaerts, Main associate at Angelwise

“Market trends in data processing confirm the increasing relevance of solutions like Cikisi. Thanks to its expertise, this scale-up has grown quickly and attracted major clients. Its arrival in Brussels is a great opportunity for job creation and a great opportunity to boost the international visibility of the Brussels-Capital Region.”
– Pierre Hermant, CEO of finance&invest.brussels

👉 Read more here: CIKISI – PRESS RELEASE (EN) – PreSeries A

👉 Read an additional article about it: Cikisi lève 2,7 millions d’euros pour son outil de veille économique | L’Echo