Cynoia, a Tunisian startup focused on team collaboration, has secured EUR850,000 ($930,000USD) in funding to expand its operations into the West African Economic and Monetary Union (UEMOA), specifically targeting Senegal and Ivory Coast.
At present, Cynoia caters to over 3,000 users across nine countries, and the funding round was led by 216 Capital and supported by United Gulf Financial Services and Bpifrance, positions the startup for further expansion.
Established in 2022, Cynoia’s platform aids in enhancing and streamlining collaboration within organizations by integrating various essential tools, including chat, video conferencing, email, calendar management, document handling, and project management.
Cynoia intends to leverage the growth potential in the UEMOA markets, with Senegal and Ivory Coast identified as prime expansion targets.
The company’s CEO, Riahi, expressed his excitement about the acquired funding that will allow the company to speed up its expansion plans and establish Cynoia as the preferred collaboration platform for businesses in West Africa. He emphasized that their partners share their vision of bringing teams together on a singular platform, increasing collaboration and productivity.
The company’s expansion into the UEMOA region demonstrates its commitment to revolutionizing teamwork throughout Africa. With its innovative platform and capable leadership, Cynoia is set to make a significant impact in the region.
