Yzr raised $12 million funding Series A round co-led by Nauta Capital and Orange Ventures.

Yzr, a Paris, France-based SAAS startup, announced that it secured a funding round of 12 million.

The money was raised from investors co-led by Nauta Capital and Orange Ventures and saw the participation of 50 Partners.

Yzr, founded in 2018 by CEO Sébastien Garcin and Jean-Philippe Poisson, developed a software solution used to normalise data. The tool is using an automatic data normalization algorithm used for optimizing interoperability problems between heterogeneous data sources. The solution has a reliability of 85% and takes the form of an API to standardize the data and a SAAS platform. Customers include Monoprix, Clear Channel, Aramis Auto and BNP Paribas.

Yzr previously raised $2.4 million in 2021 from angel investors from France, including Anne-Laure Constanza, Bertrand Diard, Frédéric Mazzella, Jean-Baptiste Rudelle, Laurent Ritter, Thibault Poutrel, Sopromec Participations and Arnaud Mauduit.