Chift Secures €2.3 Million to Revolutionize SaaS Integrations Across Europe

In a significant move to streamline software integrations for SaaS companies across Europe, Chift, a leading provider of unified APIs, has successfully raised €2.3 million in seed funding. This financial boost was spearheaded by Entourage, a notable Ghent-based fund known for its strong focus on B2B SaaS ventures and led by Pieterjan Bouten, the founder and former CEO of Showpad. The round also saw participation from Shapers, a Lisbon-based fintech-focused fund managed by Philippe Teixeira da Mota, a prominent figure with board-level experience at successful scale-ups like Qonto, Lydia, and N26.

Chift Secures €2.3 Million to Revolutionize SaaS Integrations Across Europe
Chift Secures €2.3 Million to Revolutionize SaaS Integrations Across Europe

In a significant move to streamline software integrations for SaaS companies across Europe, Chift, a leading provider of unified APIs, has successfully raised €2.3 million in seed funding. This financial boost was spearheaded by Entourage, a notable Ghent-based fund known for its strong focus on B2B SaaS ventures and led by Pieterjan Bouten, the founder and former CEO of Showpad. The round also saw participation from Shapers, a Lisbon-based fintech-focused fund managed by Philippe Teixeira da Mota, a prominent figure with board-level experience at successful scale-ups like Qonto, Lydia, and N26. Contributions were further complemented by the Seeder Fund, which increased its stake following Chift's impressive growth trajectory, along with several business angels who are fintech industry leaders from Belgium, France, The Netherlands, and Spain.

This capital influx will empower Chift to continue on its path of rapid development as it aims to become the leading provider for European SaaS companies seeking the most efficient, easy, and secure methods to integrate with other business applications, benefiting their developers, customers, users, and partners alike. As the market for business software applications becomes increasingly crowded, the demand for streamlined, effective integrations has never been more critical.

Chift offers a vital solution by simplifying the complexity of business software integrations through its unified APIs. This enables SaaS companies to connect with multiple software products through a single integration, thereby saving valuable time, reducing costs, and conserving resources. Such capabilities are essential as they allow companies to concentrate on their core offerings, strengthen their competitive edge, expand their Total Addressable Market, and foster greater collaboration within the fintech ecosystem.

"The interest we received during our fundraising allowed us to select the best investors in terms of personal fit, expertise, and network. The arguments from Entourage, with its strong network and founder-led DNA, and Shapers, with its incredible fintech expertise, were particularly persuasive," stated Gauthier Henroz, Founder & CEO of Chift. This strategic choice of investors highlights Chift's commitment to aligning with partners who can further enhance its market reach and technological capabilities.

Founded in 2022 by Gauthier Henroz, Henry Hertoghe, and Matthieu Hertoghe, Chift quickly made its mark by securing clients in Belgium and France, following its initial pre-seed funding round the same year. The company's momentum continued into 2023 as it joined Station F in Paris, the world's largest startup incubator, where it was selected as one of the 40 most promising companies. In 2024, Chift has further solidified its position in the European software industry by signing major fintech clients like Pennylane, Agicap, Pleo, Mollie, and Qonto.

Pieterjan Bouten, General Partner & Founder of Entourage, added, "We believe that Chift perfectly aligns with our focus on supporting the burgeoning landscape of AI-driven accounting and financial tools in Europe." This alignment underscores the strategic fit between Chift's innovative solutions and Entourage's investment philosophy.

"Chift's product is very successful and very pleasant to use. For us, it’s really interesting because Chift allows us to acquire more customers in a very pragmatic way," commented Nicolas Mille, Product Manager at Agicap.

With this new funding, Chift is poised to continue enhancing its product offerings and expanding its impact, paving the way for more efficient integrations that will undoubtedly influence the trajectory of SaaS businesses across Europe.