The British software group Condeco is buying its Belgian sector colleague Proxyclick
The British software group Condeco is buying its Belgian sector colleague Proxyclick, the French-speaking scale-up of the year 2020. The Brussels-based company helps companies register their visitors.
Proxyclick makes software for registering and managing visitors, a kind of digital guest book. It replaces the paper logbook at company reception desks with an app. This limits the security risks, while the visitor’s privacy is safeguarded.
The company’s customers include L’Oréal, EY, PepsiCo, UCB and Airbnb. It has already sold its product to some 10,000 companies in 110 countries. More than 40 million visitors have already registered via Proxyclick’s digital guestbook. The rapid growth earned the company the title of French-speaking scale-up of the year in 2020.
Up to now, Proxyclick has been in the hands of its founders and a few ventures capital funds. But that is about to change: the British Condeco, which developed a planning and reservation platform (for reserving meeting rooms, parking spaces, etc.), is laying hands on the Belgian scale-up. It is not known how much the company is willing to pay for this.
The 100 employees of Proxyclick will join Condeco. The three founders of Proxyclick will leave in the course of 2022.
Proxyclick was founded in 2008 by Gregory Blondeau (CEO), Geoffroy De Cooman and Jean-Bernard van Zuylen. The venture capital funds Five Elms Capital and Join Capital were also in the capital. They held a minority stake.
Since its establishment, Proxyclick has raised a total of $18.5 million (€17 million). The last fundraising took place just before the outbreak of the corona pandemic. Five Elms then came on board to accelerate sales and marketing in the United States.