Regate to raise €7M from 360 Capital, Financière Saint James and business angels

Regate, a Paris, France-based SAAS developer, announced completing a €7M ($8.6M) capital funding round.

The money was raised from investors from France, including 360 Capital, Financière Saint James and business angels Alexis Bonillo (Zenly), Pierre-François Thaler (EcoVadis), Constantin Wolfrom (Pumpkin) and Antoine Bello (Ubiqus).

Regate, founded in 2019 by Alexis Renard and Laura Pallier, developed a software aggregating features for people working in finace departments, namely accountants and financial managers. The platform, which integrates with most accounting software, allows them to simplify and automate their accounts payable and customer accounting through the digitization of invoices, the monitoring of payments, or the automation of reminders.

Regate previously raised €500k in 2019.