Based in Metz, the start-up SESAMm specializes in big data and artificial intelligence solutions for investment professionals. The start-up announced last month that it had raised €7.5 million in funds from Carlyle, Newalpha Asset Management, Havenrock, Angelsquare, the Caisse d’Epargne, Bpifrance and Banque Populaire.

This round of financing will enable Fintech to accelerate its growth and carry out some 40 recruitments for the development of its sites in Metz and Paris, as well as internationally with offices in Tunis, New York and Tokyo. SESAMm’s objective is to double the number of employees by the end of 2021. Pierre Rinaldi, Director General of SESAMm, said on the occasion of the fund raising :

“We are no longer a start-up because we have reached a turning point in terms of size and we now need to structure ourselves. »

The start-up created in 2014 by Pierre Rinaldi, Sylvain Forté and Florian Aubry raised 4.4 million euros in 2019 in a round table led by Havenrock alongside other American family offices. This fundraising brought to €8 million the total amount raised by Fintech since its creation.

SESAMm will build on this new capital addition to develop artificial intelligence-based search tools and dashboards for companies. This funding will also be used to strengthen its R&D cluster for machine learning and natural language processing tools.

Translated from La jeune pousse SESAMm lève 7,5 millions d’euros pour accélérer sa croissance