Septeo French Tech reference recorded 310 million euros revenues up to 30% compared to 2021 and joins top 10 software players in France
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Published on :
24/02/2023
24
February
Feb
02
2023
2022 Key figures for Septeo's growth
- CA 310M€ up 30% between 2021 and 2022
- ARR (Annual Recurring Revenue) above €210M
- 500+ new employees
- 30M€ of investments in R&D
- 80M€ of societal contribution
Lattes, February 22nd 2023 - Septeo, France and Europe’s leading legaltech and proptech group, announces 2022 annual revenues of 310 M€ up to 30% compared to 2021 and doubling its turnover in 3 years and its ARR in 2 years. These outstanding results are the outcome of significant and targeted investments in innovation (€30 million in R&D), a sustained M&A dynamic, and the strengthening of its international activities. As one of the largest private employers in the Montpellier employment area, Septeo is pursuing its intensive growth strategy.
Hugues Galambrun, founder and CEO of Septeo, comments on these results, "The conquering strategy we have been pursuing since 2020, is paying off. Septeo is recognized as much for the sustainability of its growth as for its profitability, due to its solid business model but also for the value of its solutions that benefit and positively transform essential moments in the lives of more than 18 million fellow citizens."
An external growth strategy that has met its goals and will accelerate over the next two years
The 7 buyouts made in 2022 have enabled Septeo to enter new markets such as the accountancy and e-invoicing market with Ingeneo and the HR market with Foederis, to strengthen its expertise in the real estate software market with the acquisition of DP Software and the legal aid market with Softouest and Intelligent Software, and to develop its international presence with the acquisition of Flexsoft and Dataconsult in Belgium.With its ambitious plan to conquer new markets, Septeo has doubled its revenues in 3 years, becoming a leader in the legaltech and proptech sectors in France and Europe.
For the next three years, Septeo will continue its strategy of growth with the ambition of doubling its revenues again by 2025 by focusing on customer experience, development of its real estate and corporate activities and finally its international presence.
Solutions that find new professions worldwide
Septeo's mission is becoming increasingly popular with its clients, partners in France, and abroad. Freeing its clients from operational and administrative constraints and facilitating their day-to-day tasks to make them more productive, remains the main point of focus of the Group's strategy. Beyond the regulated professions, Septeo is becoming a reference in the real estate sector, but also for corporations.
The goal is to establish Septeo as a key leader in our 5 strategic markets: notaries, legal, real estate, businesses and accountants.
Putting people at the heart of its strategy with 500 new hires by 2022
To support its growth, Septeo also bets on its human capital. More than 500 new people have joined the Group last year, bringing the total number of employees to 2,400. For the second year in a row, the Group has been distinguished by a Great Place to Work award and is one of the leading private employers in the Montpellier employment area.
About Septeo
Septeo, a French group founded in the Montpellier region, is the leading player in LegalTech and PropTech in France and Europe. Our software solutions enable more than 160,000 legal and real estate professionals to develop and secure their activities every day. Our mission: freeing businesses from their constraints, thanks to technological solutions and innovative services. Our solutions are at the heart of the essential moments of life of more than 18 million of our fellow citizens.History
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Septeo French Tech reference recorded 310 million euros revenues up to 30% compared to 2021 and joins top 10 software players in France
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