Libeo raises €4 million in a fundraising round led by LocalGlobe

Libeo, a Paris, France-based SAAS startup for financial services, announced that it completed a funding round of €4 million ($4.4M).

The money was raised from investors ld by LocalGlobe and including contributions from existing investor Breega and undisclosed business angels from France.

Libeo, founded in 2019 by Pierre Dutaret, Jeremy Attuil and Pierre-Antoine Glandier, developed a software management tool for corporate finances automating the accounts payable processes, allowing other businesses to collect, monitor and manage supplier invoices and also to pay them IBAN-less.

Libeo previously raised a €2 million seed round in 2019.