Phacet

Seed · AI & Machine Learning · Paris, France · Founded 2024 · 11–50 employees

Phacet (also known as Phacet Labs) is a Paris-based AI company building customizable AI agents for finance, legal, and operations back-office workflows, targeting SMEs and mid-market companies. Their platform enables businesses to automate document processing, invoice intake, reconciliation, and compliance tasks with full audit trails and human-in-the-loop validation. The company is ISO 27001 certified, GDPR compliant, and hosts all data in Europe on AWS Bedrock. In September 2024, just ~six months after launch, Phacet raised €4 million in a seed round backed by funds including Motier Ventures, Aglaé Ventures, Emblem, Origins, Kima, Financière Saint James, Robin Capital, and BetterAngle, along with 148 business angels from tech, finance, and retail sectors. Notable clients include Smartbox and Roundtable, with reported productivity gains of up to 2 days per week recovered by finance teams.

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