Indy, a Lyon, France-based accounting solution designed for freelancers, has raised $44 million (€40 million) in funding.
The round was led by BlackFin Capital Partners, with participation from La Maison and iXO.
Founded in 2009, BlackFin Capital Partner is a private equity firm based in Paris, France. The firm seeks to invest in early-stage to mid-size companies operating in the financial services sector across Europe.
Indy Use of Funds
The funding will be used to expand its offerings and grow its market reach.
Founded in 2016 by Côme Fouques, Pablo Larvor, Romain Koenig, and Adrien Plat, Indy is an accounting solutions for freelancers. The company's all-in-one platform for freelancers, offering services from accounting to company creation, tax preparation, invoicing, and soon, business banking. Indy's core feature remains its automated accounting, and it has added products such as company creation assistance, invoicing, and quotes to create a product suite for freelancers. Indy’s mission is to support all independents by simplifying their daily lives and making them independent via a simple all-in-one application adapted to their needs.
Company: Indy.fr SAS
Round: Series C
Funding Month: November 2023
Lead Investors: BlackFin Capital Partners
Additional Investors: La Maison and iXO
Company Website: https://www.indy.fr/
Software Category: Accounting Software