Pixid SAS

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Pixid SAS - overview

Established

2004

Location

Courbevoie, -, France

Primary Industry

Software

About

Pixid SAS is a European SaaS provider specializing in digital HR solutions, focusing on recruitment and temporary workforce management through innovative software offerings. Founded in 2004 in Courbevoie, France, Pixid SAS provides digital HR solutions for recruitment and workforce management. The company's most recent funding round occurred on October 14, 2015, when Keensight Capital recapitalized the firm, acquiring a majority stake. No significant pivots or changes in business strategy have been noted.


Pixid is focused on digital HR solutions, particularly in recruitment and temporary workforce management. Its offerings include an Applicant Tracking System (ATS) and a Vendor Management System (VMS), designed to streamline hiring processes and manage interim contracts for various users including companies, temp agencies, and individual workers. While primarily serving the French market, Pixid also caters to international clients, enhancing operational efficiency in HR processes. In 2024, Pixid generated revenue of EUR 27,222,615.


70 with an EBITDA of EUR 7,227,751. 60. The company's revenue model is based on subscriptions for its software solutions, which facilitate efficient HR management and recruitment for businesses and agencies, allowing them to streamline operations and reduce hiring costs through tailored subscription plans. Pixid aims to expand its product portfolio with new software solutions designed for digital HR management and recruitment by mid-2025.


The company is also targeting expansion into additional European markets, enhancing its presence outside France. The recent recapitalization by Keensight Capital will support these initiatives, although specific financial details of the funding have not been disclosed.


Current Investors

Keensight Capital

Primary Industry

Software

Sub Industries

Recruitment/Executive Search, Web Applications, HR & Workforce Software

Website

www.pixid.fr/

Verticals

Cloud Computing, Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

Pixid SAS - timeline of key events

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Pixid SAS - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)13,051,96114,928,37016,708,17918,196,57716,150,08320,900,426---
% Revenue Growth (YoY)-14.4%11.9%8.9%(11.2%)29.4%---
EBITDA (USD)4,660,1945,668,1896,435,0677,096,0735,291,8188,722,717---
Operating Income (USD)3,267,4474,367,8525,404,2525,848,7983,702,2966,971,415---
Operating Margin25.0%29.3%32.3%32.1%22.9%33.4%---
% EBITDA Margin35.7%38.0%38.5%39.0%32.8%41.7%---
NET Income (USD)2,229,6812,987,6653,179,3993,642,1932,379,7094,502,236---
% Net Margin17.1%20.0%19.0%20.0%14.7%21.5%---

Pixid SAS - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedTheMatchBox BV-
Add-on, Corporate Carve OutCompletedLearning Technologies Group PLC's VectorVMS Business-
Add-onCompletedConnecting-Expertise-
Add-on, Trade SaleCompletedCarerix BV-
Add-onCompletedThe Internet Corporation Limited-

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Pixid SAS - employee data

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