What Obat does

Obat is a French vertical SaaS company founded in 2019 and headquartered in Nantes, providing business management software for construction professionals (BTP) under the legal entity Obat SAS, with intellectual property held by parent entity SIGMA1 WEB APPLICATIONS. The platform serves more than 21,000 construction professionals across France and an expanded European footprint (Belgium, Switzerland, Luxembourg, and listings across 10 European countries), targeting micro-enterprises, solo artisans, and small-to-medium construction companies operating in 18 building trades including electricians, plumbers, painters, masons, carpenters, and roofers. The product is delivered as a cloud-based, self-serve SaaS accessible via web and native iOS/Android applications, with a 14-day free trial and product-led growth motion. The core offering centers on a built-in construction pricing library of 30,000 works and 330 quote templates maintained by 10 in-house quantity surveyors, combined with quote and invoice generation, electronic signature, site planning and tracking, team and HR management, accounting export, and compliance tooling for the mandatory 2026-2027 French electronic invoicing reform via the Iopole PDP/PA platform and Peppol network.

Revenue is generated primarily through a three-tier monthly subscription model: PRO (core quoting, invoicing, and client management), CROISSANCE (advanced scheduling, resource and team management, job-site profitability), and BOOSTER (bundled marketing services including website creation, business cards, and signage via the Studio Obat sub-brand). Secondary revenue streams include an embedded professional bank account (Compte Pro, MOBSP-registered with ORIAS 24005062), decennial insurance brokerage, cash flow advances, debt collection services, a marketplace generating commissions on 50,000 monthly renovation and subcontracting projects, and a referral/affiliate program paying €150-250 per new subscriber. Customer acquisition runs through SEO-optimized trade-specific landing pages, content marketing, the accountant partner network, and direct referral commissions. The company has raised €18 million across two rounds (€6M seed in September 2022 from Truffle Capital, Evolem, and Holnest; €12M Series A in November 2023 led by Crédit Mutuel Innovation with New Alpha, NCI, and Kima Ventures), employs 110+ people with a 50/40 split between product experts and engineers, and is led by Florent Liagre as Dirigeant (CEO equivalent).

Name

Obat

Legal name

Obat SAS

Website

https://obat.fr

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

Obat is a French vertical SaaS platform founded in 2019 serving 21,000+ construction professionals across 18 trades with quoting, invoicing, site management, and a 30,000-item built-in pricing library, distributed via a three-tier subscription model and expanding into European markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Nantes

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Software Subscription (PRO Plan): Core subscription tier providing unlimited quotes and invoices, client management, price library, photo integration, electronic signature, statistics, and mobile app access. Billed monthly or annually.
2. Software Subscription (CROISSANCE Plan): Mid-tier plan adding calendar, site planning, resource planning, team management (up to 2 employees), materials management, subcontractor management, HR and absence tracking, purchasing management, and site profitability tracking.
3. Software Subscription (BOOSTER Plan): Top-tier plan including website creation, logo design, 250 business cards, 2 site signs, 1 .fr domain, and dedicated project manager. Requires separate acceptance of Obat Studio terms.
4. Professional Account Services: Optional pro account with online banking, payment cards, SEPA transfers, and French IBAN integrated into the software
5. Referral/Parrainage Program: Commission earned by existing users who refer new customers. Partners and affiliates also earn 150 euro per new annual subscriber or after 3 months of monthly subscription.
6. Marketplace Commissions: Marketplace connecting construction professionals with renovation and subcontracting projects. 50,000 renovation projects monthly.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Obat is an all-in-one SaaS platform for French construction professionals (BTP), providing tiered subscriptions (PRO, CROISSANCE, BOOSTER) that cover quote and invoice creation, client/supplier management, electronic signature, a 30,000-work construction price library, job-site planning, team and HR tracking, and accountant export. It is delivered via web and native iOS/Android apps, and is augmented by electronic invoicing (Factur-X/Peppol), a professional bank account (Compte Pro), financial services, the Studio marketing sub-brand, the Obat TRAVAUX directory, and a marketplace of 50,000 renovation projects per month.

Product overview

Obat is an all-in-one SaaS platform for construction professionals (BTP) in France and Belgium, providing a tiered subscription model. The core product is the PRO subscription (quotes, invoices, client management, price library, electronic signature, statistics, mobile app), augmented by the CROISSANCE subscription for advanced scheduling, team management, and job-site profitability, and the BOOSTER subscription bundling Studio marketing services. Complementary modules include the Obat professional account (banking), financial services (decennial insurance, cash advances), the TRAVAUX artisan directory, and a Marketplace for finding construction projects. Electronic invoicing is integrated via Iopole/PEPPOL for mandatory e-invoicing compliance across France (2026–2027) and Belgium (2026). The platform targets micro-enterprises, individual artisans, and SMEs (2–50 employees) across 18 building trades including plumbers, electricians, painters, and masons.

Differentiator

Problem solved

Functional benefit

Products and services

• Abonnement PRO Core SaaS subscription tier for BTP micro-enterprises and solo artisans, providing unlimited quotes and invoices, client and supplier management, access to the 30,000-work pricing library, electronic signature, statistics and dashboarding, and mobile application access. Billed monthly or annually.
• Abonnement CROISSANCE Mid-tier SaaS subscription building on PRO, adding site planning, resource and task management, team management (up to 2 employees), subcontractor, materials and purchasing management, HR/absence tracking and per-site profitability tracking. Targeted at growing BTP SMEs.
• Abonnement BOOSTER Top-tier subscription bundling Studio Obat marketing services: website creation, logo design, 250 business cards, 2 site signs, a .fr domain and a dedicated project manager, in addition to PRO and CROISSANCE features.
• Application mobile Obat (iOS/Android) Native iOS and Android applications providing on-the-go access to the Obat SaaS suite, including quote/invoice creation, client management and field data capture for BTP professionals.
• Facturation électronique (Electronic Invoicing) Electronic invoicing transmission service through certified platforms (Iopole/PEPPOL) in compliant formats (Factur-X, Peppol BIS 3.0), covering both emission and reception per the 2026–2027 French e-invoicing reform and Belgium's 2026 Peppol obligation.
• Bibliothèque de prix bâtiment (Construction Pricing Library) Built-in construction pricing reference database covering approximately 30,000 works, labor times and 330 quote templates across 18 building trades, maintained by 10 in-house quantity surveyors.
• Studio Obat Branding and marketing service for BTP professionals offering website creation, business card design, construction site sign printing and promotional materials; bundled with the BOOSTER subscription.
• Compte pro Obat (Professional Account) Integrated online professional bank account with payment cards for the user and employees, SEPA transfers, French IBAN and secured funds, distributed under MOBSP (ORIAS 24005062) registration as a non-exclusive mandate agent.
• Services financiers Obat (Financial Services) Bundled financial services including negotiated decennial liability insurance (assurance décennale), cash-flow advances on invoices and debt collection / relance support, available to BTP professionals via the platform.
• Obat TRAVAUX (Artisan Directory) Free artisan directory providing BTP professionals with a company page, client review collection tools and inclusion in a qualified professional network to boost online visibility and reputation.
• Marketplace Obat Online marketplace offering approximately 50,000 renovation and subcontracting job opportunities per month where BTP professionals can find and bid on construction projects.

Quantifiable outcome

• 21,000+ construction professionals use Obat
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• IopolecoreTechnology or IntegrationOfficial dematerialization operator (PDP/PA) partner for electronic invoicing. Obat is connected to Iopole platform for transmitting invoices in compliant formats (Factur-X, Peppol BIS 3.0). Essential for mandatory e-invoicing compliance.
• StripecoreTechnology or IntegrationPayment processing solution provider for online card payments. Users accept Stripe's terms when subscribing to Obat services.
• SIGMA1 WEB APPLICATIONScoreOthersParent company and IP holder for Obat. Owns all intellectual property rights including trademarks, software, website, and editorial content. Entity controlling the Obat business.
• Referral Partners (Parrains)minorChannel Partner/ Reseller/ DistributorExisting users who refer new customers to Obat earn 150 euro commission per new annual subscriber or after 3 months of monthly subscription.
• Affiliates and Resellers (Affiliés et Revendeurs)minorChannel Partner/ Reseller/ DistributorNon-user partners who bring new users to Obat in exchange for commission. Benefit from marketing resources, training, support, and tracking dashboard.
• Accountant Partners (Réseau de comptables)minorChannel Partner/ Reseller/ DistributorNetwork of accounting professionals specialized in BTP sector. Free access to Obat for accountants to manage client accounting. Training and unlimited support provided.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• QuickBooks (Intuit): Widely adopted SMB accounting and invoicing platform — overlapping with Obat on quote, invoice, and small business financial management for solo operators and micro-enterprises.
• Sage Bâtiment (Sage): Incumbent French construction/accounting software suite from Sage targeting BTP SMBs with accounting, payroll, and project management — overlapping with Obat's vertical SaaS positioning but from a much larger installed-base position.
• EBP Bâtiment: Established French SMB software vendor with dedicated construction (Bâtiment) modules for quotes, invoicing, and site tracking — a broader incumbent with overlapping BTP SMB customer base.
• Cegid: Major French SMB accounting, payroll, and ERP software provider with construction vertical exposure — overlapping with Obat on SMB financial management and increasingly on e-invoicing compliance.
• Procore: Global construction management platform for project management, financials, and field operations — overlapping with Obat's CROISSANCE-tier site planning and team management features but aimed at larger enterprise projects.
• Xero: Global horizontal SMB accounting SaaS with invoicing, bank reconciliation, and accountant integrations — comparable on core invoicing/financial management functionality though without French BTP vertical specialization.

Direct peers

• Tolteck: French SaaS for artisans and small construction companies to create quotes, invoices, and manage sites — directly overlapping with Obat's core micro-entreprise and solo artisan segments in the French BTP market.
• Batappli: Mobile-first SaaS for building and renovation professionals in France, covering quoting, invoicing, and client tracking — closely comparable to Obat on target customer, mobile-first delivery, and vertical BTP focus.

Emerging players

• Pennylane: French accounting and financial management SaaS serving SMBs including BTP — both an integration partner of Obat and a potential competitor reaching BTP accountants who can pull construction clients onto a broader platform.
• Shine: French neobank and business account for micro-enterprises and freelancers — comparable on embedded fintech-for-artisans positioning (Compte pro offering) and on French micro-entrepreneur customer segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/obat_fr
• YouTubeyoutube.com/channel/UCWUkqDHn4_RJXAXVww88U_A
• Facebookfacebook.com/obat.fr
• LinkedInlinkedin.com/company/obat
• Instagraminstagram.com/obat_logiciel
• TikToktiktok.com/@obat_logiciel

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Obat