DiliTrust, French publisher of a SaaS suite for legal departments, has just announced a very nice fundraiser. The financing round of 130 million euros that it has just finalized brings together Cathay Capital, Eurazeo and Sagard to help it further accelerate its growth and international expansion. The company has achieved 30% annual growth in recent years in a benchmark market that it says is growing at around 15% per year. Founded in 1995 as Equity, it was renamed DiliTrust in 2017.
The funding obtained will also contribute to strengthening R&D around its DiliTrust Governance solution. This is made up of five modules: digitization of governance bodies (board of directors, various committees, etc.), monitoring of the legal entities of a group (subsidiaries and holdings), management of the life cycle of contracts and leases, centralization litigation and litigation files, to which is added the documentary fund module for sharing confidential documents.
20 M€ turnover, half of which is international
Already present in some fifty countries, in Europe, Latin America, the Middle East and Africa, DiliTrust claims to have placed itself in several countries among the most widely used legal governance solutions, in particular in France, Canada, in Italy, Spain and Morocco. More than 2,000 organizations currently use its software with a posted recommendation rate of over 97% from its customers. Among the large companies in all sectors that use the product are groups such as AccorHotels, Royal Bank of Canada, Commercial Bank of Dubai, EDF, Engie, Geox, Ingenico, LVMH, Renault, SNCF, Société Générale, Transports de Montréal or even UNICEF, Veolia and Vivendi.
In 2021, the publisher achieved a turnover of nearly 20 million euros, half of which internationally. The company employs 170 people worldwide and plans to continue expanding through both organic growth and acquisitions.