Press Release November 18, 2019

Startup Libeo Completes €2 Million Fundraising with Breega Capital

The Paris Private Equity team advised Libeo on a €2 million series A round of fundraising with Breega Capital.

Libeo was created in January 2019 and facilitates payments between companies. The platform Libeo has developed allows CFOs and accountants to instantly dematerialize, centralize and pay their supplier invoices directly from the interface. Breega Capital is a French private equity firm with a focus on FinTech.

This first round of investment will enable Libeo to accelerate its growth (and target the European market), recruit new talent and enhance its financial forecasting capabilities, which rely on artificial intelligence. Currently 50 companies use Libeo to manage and pay their supplier invoices.

The Goodwin team was led by associate Benjamin Garcon.