Knowing how to take advantage of a large amount of data to guide decision-making is a huge challenge. Crédit Mutuel Equity is helping Makila in establishing itself through its agility and innovation capacity on this high-growth field.

Created in 2018 in Montreal by Alain Latry, Makila provides large companies with predictive analytics solutions for multi-source data, based on artificial intelligence. Their goal is to collect data from various departments (Operations, HR, Finance...) and transform it into practical, visually accessible, and relevant information to help business leaders in taking the best strategic decisions.

Envisioning the future through modeling

“Until now, the managing tools available on the market have been focused on financial data,” explained Ludovic André, VC Managing Director for Crédit Mutuel Equity in Canada. “Makila offers a more transversal approach and is capable of making predictions, thus satisfying more precisely corporate needs.” Being committed to diversity and inclusion, the Canadian company has also launched a service helping its customers reaching their goals in terms of professional equality.

Accelerating the launch

Since its creation, Makila has registered a 100% growth rate per year. The support from Crédit Mutuel Equity must help in strengthening its teams and commercial approach, in order to gain new customers in Europe as well as in North America. “From the start, with the creation of an office in Paris, Makila has shown its desire to expand internationally,” commented Ludovis André. “The company is driven by a great executive team, that has already created other companies in the field of software publishing and takes advantage of its technological expertise and contact networks.” Considering that the business intelligence market is both large and undergoing transformation, all the ingredients are there for Makila to continue on this promising path...

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