Wiremind raises €35M in first funding round, led by Seaya Andromeda
What's the deal? WiremindDealroom has a profile for this one. Try Dealroom →, a Paris-based maker of AI-powered revenue management software for transport and events operators, has raised €35 million in its first-ever funding round. Spain's Seaya AndromedaDealroom has a profile for this one. Try Dealroom → led the round, with IronWaveDealroom has a profile for this one. Try Dealroom → and Bpifrance participating. The two cofounders remain majority shareholders and keep control of the company.
Why now? After 12 years of self-funded growth, Wiremind is raising outside capital to keep pace with AI adoption. "Today we are accelerating given the speed at which the market is adopting artificial intelligence," said chief executive officer and cofounder Colin Girault-Matz (translated from Spanish).
What's the endgame? The money will fund two priorities: international expansion and AI. Wiremind plans to use Spain as a gateway to South America and to strengthen its presence in Middle East and Asia-Pacific transport markets.
On the product side, the round will bolster its R&D team and add large language models (LLMs) to the systems clients use to manage revenue, capacity, inventory, and distribution.
Founded in 2014 by Girault-Matz and Charles Pierre, Wiremind sells revenue management, inventory, and distribution software to passenger transport operators and event organisers. Its flagship CAYZN platform is used by more than 20 operators worldwide, including SNCFDealroom has a profile for this one. Try Dealroom →, TrenitaliaDealroom has a profile for this one. Try Dealroom →, and EurostarDealroom has a profile for this one. Try Dealroom →. In 2025, revenue rose 67% and the company added 23 clients, bringing its total to more than 80, among them Spain's OUIGO EspañaDealroom has a profile for this one. Try Dealroom → and Alsa.
By the numbers: The round ranks among the largest early-stage VC deals in French enterprise software, sitting above the 99th percentile across 350 comparable rounds all-time.
The signal: Backing a profitable, bootstrapped company reflects investor appetite for proven software businesses in AI-adjacent sectors. "Colin and Charles have built something exceptional: a leading, profitable, and global technology company without needing external capital for 12 years," said Pablo Pedrejón, a partner at Seaya Andromeda (translated from Spanish). The deal also underscores Spain's growing role as a bridge for European tech firms eyeing Latin America.
Read more: capital-riesgo.es
Image credit: Generated with Gemini