Prime Highlights :
- Padoa has received a strategic growth investment from Thoma Bravo through its Europe Fund, with continued backing from Five Arrows and Kamet Ventures.
- The investment will help padoa expand AI capabilities, grow internationally in the DACH region and strengthen product innovation.
Key Facts :
- Padoa is a French occupational health technology platform founded in 2016, serving healthcare professionals, employers and employees.
- Thoma Bravo is described as the world’s largest software-focused investment firm.
Background :
Padoa, a leading occupational health technology platform in France, has secured a strategic growth investment from Thoma Bravo, the world’s largest software-focused investment firm. The investment comes through Thoma Bravo’s Europe Fund, with continued participation from Padua’s co-founders and existing shareholders Five Arrows, the alternative assets arm of Rothschild & Co, and Kamet Ventures.
Padoa serves occupational health services, healthcare professionals, employers and employees through a fully integrated digital ecosystem. Founded in 2016, the company’s products help deliver more effective health services, support prevention efforts and ensure compliance amid growing structural and regulatory demands. In 2016, Kamet Ventures began investing in the company, followed by Five Arrows in 2022.
Both Irina Hemmers, partner at Thoma Bravo, and David Tse, principal at Thoma Bravo, praised Padoa as an excellent addition to its network of European partners. There was a great potential to assist the company, seeing the rising need for high-quality care along with advanced technology among European people, as well as the willingness of Thoma Bravo to invest in top-notch software companies in Europe.
The fresh capital is expected to accelerate Padua’s mission to improve health outcomes for millions of people. It will also enable the company to invest further in artificial intelligence capabilities, customer service, international expansion, particularly in the DACH region, and product innovation.
Cédric Mathorel, co-founder, president and CEO of padoa, said the company is expanding internationally while navigating a major technological shift driven by AI. He added that Thoma Bravo’s expertise would help Padoa scale faster, innovate further and continue delivering leading software to occupational health professionals across Europe.
William Blair advised Thoma Bravo on the transaction.
