Up

Up is an international group that connects individuals, businesses, and regions through innovative management, transaction, and relationship platforms aimed at enhancing well-being and performance. The company develops integrated solutions, including vouchers, cards, mobile applications, and web platforms, that address various aspects of daily life such as meals, gifts, culture, leisure, holidays, personal services, training, education, health, and business expenses. As a cooperative and participatory society, Up is owned by its employees, fostering a collaborative environment. With a workforce of 3,400 and operations in 19 countries, Up serves approximately 24.5 million people worldwide, focusing on promoting responsible consumption, work-life balance, and access to cultural opportunities.

Elena Pap

Regional Director

4 past transactions

Meet My Mama

Venture Round in 2024
Meet My Mama is a Paris-based company founded in 2017 that specializes in catering and food delivery services. It offers a diverse range of culinary options for corporate lunches, events, and workshops, along with bespoke services tailored to client needs. The company is dedicated to showcasing the culinary talents of women from various migration backgrounds, empowering refugee and immigrant women by providing them with opportunities to utilize their cooking skills for financial independence. In addition to its catering services, Meet My Mama also offers cooking training, further supporting the economic empowerment of these women.

bonapp.eco

Seed Round in 2022
bonapp.eco is a mobile application aimed at reducing food waste by connecting consumers with food suppliers that have surplus products nearing their expiration dates. The platform enables retailers such as grocery stores, restaurants, gas stations, and hotels to sell these items at discounted prices, making them accessible to consumers while promoting sustainability. By facilitating these transactions, bonapp.eco not only helps consumers save money but also contributes to the reduction of food wastage in the supply chain.

Proceed Labs

Acquisition in 2019
Proceed is a cloud based offer & contract process management software for sales teams. We help sales teams digitalize sales processes. Proceed Labs was launched in 2015 and acquired in 2018 by Up Group (Cheque Déjeuner) In a sales cycle powered by Proceed; Sales representatives create offers digitally // Customers fill contracts and make payments online // Sales managers track all sales and customer activity

Givve

Acquisition in 2018
Givve is a FinTech company that specializes in providing innovative benefit solutions for employees and business partners. As the labor market faces various challenges, including a shortage of skilled workers, Givve recognizes the evolving dynamics in employer-employee relationships, positioning employees as key decision-makers in their job choices. The company's offerings include a cashless card service system that grants employees access to a voucher portal featuring exclusive shopping options. This system allows employees to purchase groceries and other household products at reduced rates while also availing themselves of tax benefits. By focusing on employee motivation and satisfaction, Givve aims to enhance the attractiveness of companies in a competitive market.
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