Volta, a startup originating from France and Italy, has bolstered its financial foundation with an additional €5M in funding, bringing their total funds to €11M. The company focuses on reshaping B2B digital processes through intelligent automation. This investment arrives after their initial €6M fund raised under a year ago. This strategic move underscores Volta’s efforts to become a prominent player in the B2B sector by enhancing operational efficiencies for businesses grappling with outdated digital practices.
In recent years, the B2B sector has struggled to fully embrace digital tools compared to B2C counterparts. The persistence of traditional methods like Excel sheets, PDF orders, and outdated communication means has posed challenges. Volta’s initiative aims to shift these trends by integrating AI-driven solutions that propel businesses towards a more advanced digital environment. Past announcements from the company have similarly highlighted these goals, reflecting a consistent commitment to fostering innovation in digital processes.
What is the target of Volta’s platform?
Volta is committed to bridging the digital gap within the B2B commerce landscape, particularly among small and medium enterprises and mid-market companies. The company’s platform is designed to digitize orders, automate routine tasks, and provide an AI assistant to identify sales opportunities. CEO and co-founder Paul Guillemin stated,
“We’re building a new standard for B2B distribution players with Volta. Our AI platform integrates with existing systems (ERP, PIM, etc.), automates up to 90 percent of manual tasks, and gives sales teams back what really matters: time for their customers and growth for their business.”
How does Volta plan to implement new funds?
The additional capital aims to enhance the commercial launch of their solution, further develop their AI platform, and expand their team and customer base. Pascal Houillon, a notable investor, remarked on the strategic importance of Volta’s approach, highlighting their modular approach.
“Volta meets a strategic objective: to digitize operations that are still too manual and fragmented. Its modular approach and AI capabilities make it a perfect fit for the modernization challenges facing distribution players,”
he stated.
Volta’s platform revolves around three core functions: consolidating data from diverse order channels, automating the majority of manual tasks, and transforming raw data into practical intelligence through personalized recommendations. These elements support businesses in optimizing their operations and decision-making processes through AI-backed insights.
With more than 30 employees across France and Italy, Volta reflects its commitment through continuous technological advancements and market-specific strategies. As businesses increasingly lean towards digital modernization, the company’s growth trajectory positions it well for meeting evolving business needs.
The infusion of funds is not only set to foster Volta’s growth in revenue but also aims at setting an industry benchmark. The company’s ability to consolidate AI capabilities within a singular platform underscores its goal to become a formidable force within B2B commerce.
Volta’s journey represents a notable shift in the strategic adoption of tech within B2B markets, highlighting the increasing role of AI in commercial operations. This development serves as an indicator of evolving trends in digital business processes, with broader implications for industry standards and practices.
