Profitable French scale-up Wiremind raises €35 million after 12 years of bootstrapping
Wiremind, a Paris-based AI software company serving the transport, air cargo, and events industries, has closed a €35 million funding round, its first since being founded over a decade ago. The round brings three new investors: IronWave (formerly Wendel Growth), Bpifrance Investissement through its Large Venture fund, and Seaya Andromeda. The company said Wiremind’s co-founders, […] The post…
Paris-based AI software company Wiremind has completed a €35 million funding round, its first since its founding a decade ago. The round attracted three new investors: IronWave, Bpifrance Investissement through its Large Venture fund, and Seaya Andromeda. Co-founders Colin Girault-Matz and Charles Pierre will retain control of the business and remain majority shareholders.
Founded in 2014, Wiremind has built systems that drive revenue for major rail and air operators, without any outside capital. Their flagship product, CAYZN, an AI revenue management system, has delivered average revenue gains of 5-15% for passenger transport operators. In 2025, CAYZN's annual recurring revenue grew 81% year-over-year, with the company now serving over 80 clients.
The funding will help Wiremind expand into new international markets and invest further in AI research and development.
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