Majelan SAS
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Majelan SAS - overview
Established
2018
Location
Paris, -, France
Primary Industry
Software
About
Majelan SAS operates an advanced AI-driven audio content platform, enhancing the creation and distribution of diverse audio programs for users, particularly in French-speaking markets. Founded in 2018, Majelan SAS is headquartered in Paris, France. The company specializes in audio content, emphasizing user engagement through unique programming. It has concluded a total of 2 deals, with the most recent funding round completed on March 10, 2020.
In this round, Majelan raised EUR 5. 70 million from investors including Bpifrance and Idinvest Partners. Mathieu Gallet serves as both the CEO and founder of the company, which has not undergone significant pivots or changes in its business strategy since its inception. Majelan X operates as a sophisticated AI-driven audio content platform, aimed at enhancing the creation, orchestration, and distribution of intelligent audio content.
The company provides access to thousands of exclusive audio programs that encompass a diverse range of genres, including news, entertainment, and various services, all available ad-free. The platform engages users with immersive audio experiences, offering original creations such as true crime stories, biographies, series, and fictional narratives. Additionally, Majelan X caters to the educational needs of children by providing classic tales and newly crafted stories, fostering imagination away from screens. The services are accessible on smartphones, tablets, and computers, targeting both individual users and families, primarily in French-speaking markets.
Majelan X generates revenue through a subscription-based model, allowing users to access its extensive audio library for a recurring fee. Customers benefit from a 14-day trial before subscribing, with the option to cancel anytime without penalties. The pricing structure includes various plans granting unlimited access to content tailored to user preferences, with over 70 thematic choices. Transactions are conducted directly with consumers, ensuring a streamlined process for accessing the platform's offerings, which emphasize the uniqueness of its audio programs and the value they deliver to users seeking engaging and informative audio content.
In March 2020, Majelan SAS raised EUR 5. 70 million in venture funding led by Idinvest Partners, with participation from Bpifrance and individual investors. The company plans to utilize this funding to develop new products and expand its market presence. Specific upcoming products and their release dates have not been disclosed, but Majelan aims to explore new markets to broaden its reach, particularly in regions outside of France, although no specific targets have been mentioned.
Current Investors
Idinvest Partners, Kima Ventures, Impala SAS
Primary Industry
Software
Sub Industries
Music & Video Streaming Software
Website
www.majelan.audio
Verticals
Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Majelan SAS - employee data


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