Tuesday 17 September 2019

Dublin-listed Draper Esprit leads $29m funding in French software business

Simon Cook
Simon Cook
Ellie Donnelly

Ellie Donnelly

Dublin and London-listed venture capital investor Draper Esprit has announced a £10m (€11.4m) investment in Aircall, a cloud-based call centre software business.

The funding is part of a $29m Series B funding round, which will bring the total funds raised by French company Aircall to $40.5m to-date.

Other investors in the round include Balderton Capital, NextWorld Capital and Newfund.

This investment will be used by Aircall to accelerate the buildout of its cloud-based phone system. It will also enable the business to invest in further senior hires in both the US and Europe.

"We look forward to partnering with the Aircall team to help the company grow and develop its transformative technology further,” Simon Cook, CEO at Draper Esprit, said.

“With over 3000 business customers worldwide, they have quickly established themselves as one of the fastest growing cloud-based phone systems in the market and we are very excited to be supporting Aircall on the next stage of its growth journey.”

Founded in 2014 Aircall now offers instant phone numbers in over 40 countries, provides a collaborative phone app to let teams share and follow-up on calls, and connects to any customer relationship management or customer support tool.

"Our investment in Aircall adds to Draper Esprit's significant momentum this year, with recent investments in Ledger and Revolut, along with new commitments to European seed funds Join Capital and Icebreaker," Mr Cook said.

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