Regate
The business, the turning points, and the decisions behind them.
Some sections are still being researched1 / 4
Sections to complete：02
01 / WHAT IT BUILT
What the company did
Regate was a Paris-based SaaS platform for accounting and financial automation, founded by Alexis Renard and Laura Pallier. It helped small businesses and accounting firms automate invoice processing, accounts payable and receivable, payment scheduling and bookkeeping reconciliation, integrating directly with existing accounting software such as Sage, Cegid and ACD. It attracted 10,000 SME clients and 500 accounting firms, raised a €20 million Series A in September 2022, and was acquired by French fintech unicorn Qonto in March 2024, with its team of about 100 joining Qonto's 1,400 staff.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Company founded
Alexis Renard and Laura Pallier found Regate in Paris to build a SaaS platform automating accounting and financial workflows for SMEs and their accountants.
- Peak funding round
Regate raises a €20 million Series A to automate companies' financial and accounting management and expand into Germany and Spain.
- Acquisition
In March 2024, French fintech unicorn Qonto acquires Regate for an undisclosed sum; its roughly 100 employees join Qonto under a new business unit for accountants.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
2020: Paris SaaS for accounting/financial automation
- 02
€20M Series A in September 2022; 10,000 SME clients
- 03
March 2024: acquired by fintech unicorn Qonto
- 04
Team of ~100 joins Qonto's 1,400 staff