{"id":2353,"date":"2024-11-26T11:59:29","date_gmt":"2024-11-26T10:59:29","guid":{"rendered":"http:\/\/degrouq.cluster100.hosting.ovh.net\/DB\/degroux-brugere-supports-breega-in-raising-e5-million-for-start-up-socium\/"},"modified":"2024-11-27T15:53:48","modified_gmt":"2024-11-27T14:53:48","slug":"degroux-brugere-supports-breega-in-raising-e5-million-for-start-up-socium","status":"publish","type":"post","link":"https:\/\/www.degrouxbrugere.com\/en\/degroux-brugere-supports-breega-in-raising-e5-million-for-start-up-socium\/","title":{"rendered":"DEGROUX BRUG\u0116RE SUPPORTS BREEGA IN RAISING \u20ac5 MILLION FOR START-UP SOCIUM"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Socium, which specializes in digital human resources management solutions, is fast becoming THE HR solution of choice for medium-sized companies in French-speaking Africa.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Led by Breega with its dedicated Africa fund, this new round brings together international investors including Partech, Chui Ventures, Orange Digital Ventures, Sonatel, Outlierz Ventures, Super Capital and DNA. A number of renowned African business angels, including Mossadeck Bally (founder of the Azala\u00ef Group), Hassan Bourgi (founder of Djamo) and Babacar Seck (founder of Askya Investment Partners), also participated in this round, a form of support not yet widely available to local start-ups.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Indeed, following an initial capital injection of $1.1 million in August 2022, this new injection of capital testifies to investors&#8217; confidence in Socium&#8217;s potential. Serving over 100 customers in nearly 15 different countries, Socium&#8217;s localized solutions streamline complex payroll systems and their regulatory compliance, filling a gap in digital solutions for human resources management. With plans to expand into new markets, Socium is ready to lead the \u201cHR-tech\u201d sector in conquering this promising segment in Africa.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>J\u00e9r\u00e9mie Swiecznik, partner in the Transactional Division, and Quentin Bechert, associate, advised Breega on this transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Socium was advised by Orrick, Herrington &amp; Sutcliffe LLP.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Socium, which specializes in digital human resources management solutions, is fast becoming THE HR solution of choice for medium-sized companies in French-speaking Africa. Led by Breega with its dedicated Africa fund, this new round brings together international investors including Partech, Chui Ventures, Orange Digital Ventures, Sonatel, Outlierz Ventures, Super Capital and DNA. A number of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[60],"tags":[],"expertise":[62],"equipe":[61,66],"class_list":["post-2353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-completed-operations","expertise-corporate-transactional","equipe-jeremie-swiecznik-en","equipe-quentin-bechert-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DEGROUX BRUG\u0116RE SUPPORTS BREEGA IN RAISING \u20ac5 MILLION FOR START-UP SOCIUM - Degroux Brug\u00e8re<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.degrouxbrugere.com\/en\/degroux-brugere-supports-breega-in-raising-e5-million-for-start-up-socium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEGROUX BRUG\u0116RE SUPPORTS BREEGA IN RAISING \u20ac5 MILLION FOR START-UP SOCIUM - Degroux Brug\u00e8re\" \/>\n<meta property=\"og:description\" content=\"Socium, which specializes in digital human resources management solutions, is fast becoming THE HR solution of choice for medium-sized companies in French-speaking Africa. Led by Breega with its dedicated Africa fund, this new round brings together international investors including Partech, Chui Ventures, Orange Digital Ventures, Sonatel, Outlierz Ventures, Super Capital and DNA. 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