SWILE (formerly: Lunchr) is a French app-based company that focuses on improving the employee experience. Among others, the platform offers meal vouchers, gift vouchers, mobility vouchers, and business travel solutions.[1]

SWILE
FormerlyLunchr
Company typeJoint stock company
Founded2016
FounderLoïc Soubeyrand
Websitehttps://www.swile.co/

In March 2020, it was renamed SWILE and entered the lunch break and meal voucher market.

History

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The company was founded as Lunchr by Loïc Soubeyrand in 2016. Originally, Lunchr was an app for pre-ordering lunch on the spot or to go.[2][3]

In January 2017, the company raised €2.5 million in seed funding from Daphni.[4][5][6]

In 2018, the company raised €11 million (series A) from Idinvest,[7][8][9] followed by another €30 million in February 2019 (series B), notably from Index Ventures and Kima Ventures.[10][11][12][13]

In January 2020, Lunchr became one of the first startups to join the French Tech 120.[14]

A few months later, in March, Lunchr diversified its services, adding team life management tools and changing its brand name to Swile.[15][16][17]

In June 2020, the company raised €70 million more in a new round of financing (Series C) from the same investors and the BPI.[18]

In November 2020, Swile acquired Briq, a startup specializing in employee engagement.[19]

In January 2021, Swile won a tender with Carrefour and distributed 62,000 Swile cards to its employees.[20]

In early October 2021, a new $200 million (€175 million) fundraising round, in which Japanese Softbank joined other investors, allowed Swile to capitalize on $1 billion. President Emmanuel Macron cited the company as "a further proof that FrenchTech is at the forefront internationally."[21][22]

In May 2022, the company acquired the travel management start-up Okarito for €6 million.[23][24]

Overview

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Swile operates in two countries (France and Brazil) and has a total of 1000 employees, 5.5 million users and 85,000 corporate customers, including Carrefour, Le Monde, JCDECAUX, PSG, Airbnb, Spotify, Red Bull, and TikTok in the private sector, as well as numerous local authorities and ministerial references in the public sector.[25][26][27][28]

References

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  1. ^ "French Tech : Swile a doublé ses pertes en 2021". Les Echos (in French). 2022-09-06. Retrieved 2023-05-02.
  2. ^ "Avec Lunchr, le ticket restaurant devient virtuel". lejdd.fr (in French). Retrieved 2023-05-02.
  3. ^ Mollaret, Guillaume (2017-01-12). "FoodTech: Lunchr, la start-up qui supprime l'attente au restaurant". Challenges (in French). Retrieved 2023-05-02.
  4. ^ Maignan, Iris (2017-01-12). "Lunchr, la nouvelle application du cofondateur de Teads, lève 2,5 millions d'euros". Maddyness - Le média pour comprendre l'économie de demain (in French). Retrieved 2023-05-02.
  5. ^ Digitale, Usine (2022-05-17). "Swile boucle une 4e acquisition avec le rachat d'Okarito" (in French). {{cite journal}}: Cite journal requires |journal= (help)
  6. ^ Florin, Anne (2021-12-11). "La pépite française Swile à l'assaut d'Edenred et de Sodexo". Entreprendre (in French). Retrieved 2023-05-02.
  7. ^ Bregeras, Guillaume (2018-05-29). "Lunchr lève 11 millions pour essouffler la concurrence dans le titre restaurant". Les Echos Executives (in French). Retrieved 2023-05-02.
  8. ^ Digitale, Usine (2018-05-29). "Lunchr lève 11 millions d'euros et s'ancre un peu plus sur le marché du titre-restaurant" (in French). {{cite journal}}: Cite journal requires |journal= (help)
  9. ^ "Titres restaurant: le nouvel arrivant Lunchr lève 11 M€". LEFIGARO (in French). 2018-05-29. Retrieved 2023-05-02.
  10. ^ "Lunchr lève 30 millions d'euros". LEFIGARO (in French). 2019-02-05. Retrieved 2023-05-02.
  11. ^ conso, L. S. A. (2019-02-05). "Lunchr lève 30M€ pour ses titres-restaurant dématérialisés" (in French). {{cite journal}}: Cite journal requires |journal= (help)
  12. ^ "Business Insider". Business Insider. Retrieved 2023-05-02.
  13. ^ Bregeras, Guillaume (2019-02-05). "Lunchr lève 30 millions d'euros et rebat les cartes de la pause-déjeuner". Les Echos Executives (in French). Retrieved 2023-05-02.
  14. ^ "Feed, Lydia, Lunchr… Ces start-up qui intègrent la première liste du French Tech 120". BFM BUSINESS (in French). Retrieved 2023-05-02.
  15. ^ "Montpellier. French Tech : Lunchr devient Swile pour combler son appétit". actu.fr (in French). Retrieved 2023-05-02.
  16. ^ "Comment Lunchr devient Swile pour s'installer dans le quotidien de l'entreprise". La Tribune (in French). 2020-03-04. Retrieved 2023-05-02.
  17. ^ rédaction, La (2021-06-11). "Swile : Comment réussir son rebranding avec panache !". JUPDLC (in French). Retrieved 2023-05-02.
  18. ^ Loïc Soubeyrand (Swile): Swile (ex-Lunchr) lève 70 millions d'euros et souhaite élargir son offre - 23/06 (in French), retrieved 2023-05-02
  19. ^ "La Start-up Belge Briq Rachetee par le francais Swile". Lecho.
  20. ^ "Titre-restaurants: Swile remplace Edenred chez Carrefour". Les Echos (in French). 2021-01-12. Retrieved 2023-05-02.
  21. ^ FRASQUE, Henri (2021-11-07). "Avec Swile, sa start-up saluée par Emmanuel Macron, Loïc Soubeyrand joue dans la cour des grands". Ouest-France.fr (in French). Retrieved 2023-05-02.
  22. ^ "L'entreprise montpelliéraine Swile vaut un milliard de dollars et entre dans le top 20 des startups françaises". ici, par France Bleu et France 3 (in French). 2021-10-11. Retrieved 2023-05-02.
  23. ^ "Swile boucle une quatrième acquisition en deux ans". Les Echos (in French). 2022-05-17. Retrieved 2023-05-02.
  24. ^ Digitale, Usine (2022-05-17). "Swile boucle une 4e acquisition avec le rachat d'Okarito" (in French). {{cite journal}}: Cite journal requires |journal= (help)
  25. ^ "Montpellier : bientôt 1 000 salariés pour Swile". midilibre.fr (in French). Retrieved 2023-05-02.
  26. ^ "Swile Met la Main sur Bimpli". Fusacq.
  27. ^ Dressel, Jean (2022-08-30). "Swile : l'art de mettre l'expérience employé à l'honneur". JUPDLC (in French). Retrieved 2023-05-02.
  28. ^ "Loïc Soubeyrand" (in French). Retrieved 2023-05-02.