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Sector: Tech
Fund: Fund II
Team: John Van Lierde, Renaud Laloire, Martin Polet

Description

Addressing the order-related pain points of retail chains: Flyx opens its capital for the 1st time in a €2 million Series A

TCD Capital II has invested €1.5 million, alongside three co-investors with strategic specialities, in a B2B SaaS venture based in Brussels operating as FLYX.cloud and registered under LVLP SRL. TheClubDeal was the lead investor and structured the entire €2 million Series A.

FLYX.cloud has been profitable since inception and boasts a solid track record confirmed by the trust of renowned chains in the (fast) food and wider retail sectors such as Quick, Burger King, Panos, Pitaya, Total Energies, a Grocery Chain and many more with a suite of modules to address their needs in terms of multichannel order taking (whether by smartphone, kiosk, cash register or other), customer loyalty, order fulfilment and analysis of data generated by their modules or third-party applications.

FLYX.cloud focuses on chains across the retail sectors by addressing their integration, scalability, branding and (de)centralisation requirements. Their software is built from the ground up for retail chains, creating a market-proven differentiating point against small and major players in the wider sector. They are present in Belgium, France, Italy, Germany, and The Netherlands.

The TCD Capital Tech Team, consisting of Xavier de Villepin and Edouard de Becker Remy, supported by Jean-Louis Van Houwe, worked on and continues to work with this promising venture.

Flyx.cloud CTO and Co-founder, Renaud Laloire, is surrounded by TheClubdeal's Xavier de Villepin and Edouard de Becker Remy
Renaud Laloire, CTO and Co-founder of FLYX is surrounded by TCD Capital’s Tech Team

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