Capgemini Ventures invests in Toucan Toco, a data storytelling solution, to help CxOs make transformational decisions
With 80 employees, 120 clients such as Engie, BNP Paribas or Total and an established presence in 4 European countries, Toucan Toco is a leading solution in data storytelling.
The start-up, which was founded in 2014 and self-funded since then, provides a ready to use (less than 2 hours to integrate it) platform, to easily design and deploy impactful data application. With an ambition of democratising access to data, the start-up has developed a solution accessible on all devices (mobile native) and has become an everyday tool that allows at all business levels to take enlighten decisions.
In a BI market expected to reach nearly 150 billion by 2025, intelligible data is becoming a more and more critical asset and Toucan Toco is the last milestone of this data value chain. Therefore, the need of better understanding operations and related indicators will be at the heart of major transformational projects driven by CxOs. Toucan Toco solution perfectly echoes Capgemini’s strategy and core competencies in driving innovation at clients.
For all those reasons, Capgemini Ventures participated in the first-ever fund-raising round of Toucan Toco (since its creation in 2014), as a partner for acceleration.
Capgemini and Toucan Toco have already demonstrated their ability to deliver joint value to common clients and along with this investment, Capgemini will support Toucan Toco strategic agenda of accelerated growth in Europe and the US, leveraging Toucan Toco solution as part of its global Insight & Data capabilities and offering.
Toucan Toco in a nutshell – value proposition