We at Cynoia are thrilled to announce that we've successfully raised €850,000 in our latest funding round, a significant milestone for our Franco-Tunisian startup. This achievement is not just about the funds; it's about the trust and belief in our vision to redefine digital collaboration in Europe and Africa.

We started this journey back in 2022 with a clear mission in mind. Founded by Nasreddine RIAHI and Ayoub RABEH, our goal at Cynoia has always been to simplify and optimize organizational collaboration. Today, our platform brings together a comprehensive set of tools - from chat and video conferencing to email, calendar, and project management - all in one dynamic dashboard.

"We share a common vision with our partners, which is to enhance collaboration and productivity within teams by centralizing various tools and features within a single platform." — Nasreddine RIAHI, Cynoia's CEO.

Indeed, this centralization isn't just about convenience; it's about enhancing team productivity and well-being in a digital world that has grown challengingly exhausting.

Our growth has been nothing short of remarkable. With over 3,000 users across 9 countries, our solution's relevance and impact are manifesting. This wouldn't have been possible without the trust and support of our investors, including United Gulf Financial Services, 216 Capital Ventures, and Bpifrance, who paved the way for us.

"Our investment stems from our commitment to the startup, given the strong value proposition of the Cynoia product, the success of the traction phase, and above all, our confidence in the team's ability to scale the business." — Mohamed Salah FRAD, UGFS

Seeing this belief in our potential, we are gathering our efforts to take Cynoia to another level. Our focus now is on reducing tool fragmentation and efficiently managing workflows with our novel integrations. We're working tirelessly to establish Cynoia as the leading provider of digital collaboration in Africa and Europe.

"We are committed to innovating and integrating cutting-edge features to provide an unparalleled user experience. We also intend to expand our geographical scope, leveraging strong strategic partnerships." — Ayoub RABEH, Cynoia's CTO

Our sights are set on the UEMOA markets, with a strategic emphasis on Senegal and Ivory Coast. The second quarter of 2023 has seen intense efforts from our team towards this expansion. We understand the importance of telecommunication operators in these regions as natural partners for deploying digital solutions like ours.

Thanks to the combined dedication of our founders, passionate team, investors, and the ongoing support of our users, we're eagerly anticipating the next stage of our growth. This journey will not only contribute to transforming how companies collaborate worldwide but also reaffirm our commitment to innovation, excellence, and the welfare of humans.

As grateful as we are, Cynoia recognizes the essential contribution of The Dot, the Tunisian hub of entrepreneurship in supporting the growth of startups and the innovation ecosystem in Tunisia and beyond.

Stay tuned for our upcoming innovations and future milestones. Together, we are setting a new standard in digital collaboration.

For more details, you can get in touch with:
Manar LABIDI, CFO at Cynoia
press@cynoia.com
+33 9 70 44 09 99