Sellsy, a French provider of all-in-one CRM and FMS (financial management system) software solutions for SMEs, has secured EUR55 million in funding from PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies.
Sellsy offers a fully-fledged CRM solution, including lead management, quotation and pipeline, marketing automation and contact management, coupled with key FMS functionalities including invoicing, payment reconciliation and liquidity management.
Sellsy was founded in 2009 in La Rochelle by Co-CEO Alain Mevellec and Chairman Frederic Coulais, who later welcomed Co-CEO Victor Douek as he joined the company in 2016. Following the transaction, Sellsy will continue to be led by the existing management team, working in partnership with PSG to accelerate growth and play a central role in current the wave of digitalisation of SMEs across Europe.
The financial terms of the transaction have not been disclosed.
