Elwin announced raising €2 million from family offices from France.

Elwin, a Bordeaux, France-based software startup for the financial industry, announced completing a €2 million ($2.4M) capital funding round.

The money was raised from investors from France whose name was not disclosed.

Elwin, founded in 2015 as Mieuxplacer, developed a software solution sold as SAAS for helping financial brokers digitize and simplify the advice and sale of the financial products. The tool, launched in 2019, allows financial advisers to save time on administrative tasks, in compliance with regulations. The company works with customers including 1215 (formerly Serenalis), a network of Wealth Management Advisors, Asset Manager A Plus Finance and a life insurer, representing a total of nearly 1,000 users.