About Phacet

In today’s rapidly evolving business landscape, Artificial Intelligence (AI) holds immense potential for increased efficiency and productivity. However, for many small and medium-sized enterprises (SMEs), the complexity and cost of implementing AI solutions remain a significant barrier. This is where Phacet, a French startup, steps in to bridge the gap.

Meet the Team Behind Phacet

Phacet boasts a formidable team of industry veterans with expertise in AI, B2B platform development, and business management. Leading the charge is Christophe Lanternier, a former data science leader at Ubble (acquired by Checkout.com in 2022). Joining him are William Pambrun, co-founder of Inato with extensive product and engineering experience, and Nicolas Marchais, a founding member of the French unicorn Spendesk. This combination of AI expertise and business acumen positions Phacet to deliver impactful solutions for SMEs.

Building Custom AI Applications for Enhanced Business Efficiency

Phacet’s mission is to democratize AI by making it accessible, flexible, and transformative for SMEs. Their platform empowers businesses to build personalized AI applications that seamlessly integrate into daily operations, ensuring maximum impact.

Phacet’s Approach: Collaborative Development and User-Centric Design

The company takes a collaborative approach to AI development. They work with clients to identify key areas where AI can optimize business processes. Clients then participate in an AI Bootcamp on Phacet’s platform, co-creating AI applications with their team of engineers. This collaborative approach ensures tailored solutions that address specific business needs. Additionally, Phacet prioritizes a user-centric design, creating intuitive interfaces that empower employees to leverage AI effectively.

Success Stories: Transforming Businesses with Personalized AI

Phacet’s impact is already evident. Companies like Smartbox have experienced significant operational improvements thanks to customized AI applications for e-commerce, finance, customer service, and retail. By 2025, Phacet aims to expand its library of ready-to-use AI applications across various sectors, further empowering SMEs to embrace AI and unlock its potential.

Funding Detail :

Phacet recently secured a €4 million seed funding round, marking a significant milestone in their journey. This funding, raised from a diverse group of 148 business angels and leading venture capital firms, will fuel Phacet’s growth as they continue to democratize AI for SMEs.

Investors Recognize Phacet’s Potential

The funding round attracted prominent investors from tech, finance, insurance, data, and retail sectors. This diverse group includes industry veterans like Thibaud Elzière (Hexa), Des Traynor (Intercom), Florian Douetteau (Dataiku), and Philippe Corrot (Mirakl). Additionally, leading venture capital firms such as Motier Ventures, Aglaé Ventures, Emblem, Origins, Kima, Financière Saint James, Robin Capital, and BetterAngle participated in the round.

Investor Quote: Beyond AI Models, Building Partnerships

Thibaud Elzière, Founder of startup studio Hexa and a renowned investor, highlights Phacet’s unique approach: “Phacet goes beyond simply providing AI models. Their experienced team understands the importance of being a partner to SMEs, supporting them throughout their AI transformation journey. Not only do they help identify impactful areas for AI implementation, but they also create user-friendly interfaces that empower employees to leverage AI effectively.”

Fund Used

Phacet’s €4 million seed funding round is a testament to the growing demand for accessible and transformative AI solutions for SMEs. With its experienced team, collaborative approach, and user-centric design, Phacet is poised to empower businesses with the power of AI and unlock new levels of efficiency and growth.

Phacet Secures €4 Million to Democratize AI for SMEs with Custom AI Applications