Benjamin Chemla

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Benjamin Chemla
NationalityFrench
Occupation(s)entrepreneur, investor
Known forShares

Benjamin Chemla is a French entrepreneur and business angel. He is currently the co-founder and CEO of Shares, a European investment platform.[1][2][3]

Background[edit]

In 2010, Chemla obtained his first master's degree in business law from the University of Paris 1 Panthéon-Sorbonne. A year later, he obtained a second pro master's degree in business law with a specialization in e-commerce and the digital economy. In 2012, Chemla obtained a specialized master's degree in entrepreneurship from ESCP Business School. This same year, he was admitted to the Paris Bar School. In 2013, Chemla obtained the Certificat d’aptitude à la profession d’avocat (CAPA) at the Paris Bar School.[4] He is also an Ambassador of Epic Foundation and Institut Curie.[5]

Career[edit]

In January 2012, Chemla co-founded Citycake, a Paris-based online delivery business, with Ralph Guyot-Jeannin, an ESCP Business School graduate.[6]

In 2013, the startup succeeded in raising funds from a network of business angels, Investessor, to expand its team and strengthen its capital.[7] In 2014, the startup was bought by Resto-In and Chemla was appointed to manage Resto-In operations in France and Belgium.[8][9]

In January 2015, Chemla and Clément Benoît launched Stuart, now the leading European last-mile B2B delivery platform.[10] Four months later, the startup raised 22 million euros and started to hire people in 3 countries.[11][12]

In 2017, Geopost, a subsidiary of La Poste, bought Stuart, and the two founders left after a short transition.[13][14] Later in 2017, Chemla and Clément moved to the US where they founded Fithouse, a chain of gyms in New York. Despite the success of the first openings, they decided to stop the activity at the end of 2020 due to the COVID-19 pandemic.[15][16]

In April 2021, Chemla partnered with Harjas Singh and François Ruty to create Shares, an online investment platform.[17] In August 2021, Shares raised a $10 million seed round before officially launching its product.[18][19]

They raised $40 million dollars in Series A,[20] and the same amount in Series B within just a few months.[21] Shares launched in the UK during summer 2022, then entered the French market in July 2023.

Investments[edit]

As a business angel, Chemla has invested in startups and companies active in different sectors including,[22]

  • 2016: Everoad (acquired by Sennder),[23] Cultur'In The City (acquired by Wonderbox), Virtuo, Molotov TV (acquired by FuboTV), Epicery (acquired by Stuart)
  • 2017: PayLead, Hugging Face, Whoz, Relationship Hero, Cosmo Connected.
  • 2018: Fumé (Fumé).[24]
  • 2021: Pokmi, Timeleft, Pallas Paris, P00LS, PaySika.[25]
  • 2022: Kinetix, Delta Business School, Origins Fund, Pixmania, Flowdesk, Gekko, MetaFight, Formance.[26]

References[edit]

  1. ^ Achour, Laure-Emmanuelle HUSSON;Habib (2017-04-21). "Ils ont confiance: le regard de Benjamin Chemla, serial entrepreneur et investisseur". Challenges (in French). Retrieved 2023-08-27.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. ^ "Benjamin Chemla, co-founder of the Shares investment app". Yahoo Finance. 2022-11-18. Retrieved 2023-08-27.
  3. ^ "Benjamin Chemla, co-founder of Share Investing App - Business News". 2022-11-18. Retrieved 2023-08-27.
  4. ^ "Benjamin Chemla - mind Fintech". www.mind.eu.com. Retrieved 2023-08-27.
  5. ^ "Epic Ambassadors - Epic Foundation". Epic Foundation.
  6. ^ Entrepreneuriale, L'équipe Dynamique (2012-09-15). "Citycake, un concept pas tarte !". Dynamique-Mag.com (in French). Retrieved 2023-08-27.
  7. ^ "La patisserie en ligne Citycake lève des fonds". LEFIGARO (in French). 2013-07-05. Retrieved 2023-08-27.
  8. ^ "Resto-In rachète Citycake". Snacking.fr (in French). Retrieved 2023-08-27.
  9. ^ "Resto-in va livrer bien plus que des repas". Les Echos (in French). 2015-02-02. Retrieved 2023-08-27.
  10. ^ Entrepreneuriale, L'équipe Dynamique (2018-12-17). "L'entreprise qui veut rendre les coursiers heureux". Dynamique-Mag.com (in French). Retrieved 2023-08-27.
  11. ^ "Benjamin Chemla : "Stuart compte réaliser des dizaines de milliers de commandes par jour"". l'Opinion (in French). 2016-04-18. Retrieved 2023-08-27.
  12. ^ Confolant, Anne (2015-11-23). "Levée de fonds : Stuart, nouvel acteur de la livraison ultra-rapide". ITespresso.fr (in French). Retrieved 2023-08-27.
  13. ^ "Stuart, la pépite de la livraison express urbaine, passe sous contrôle de La Poste". Les Echos (in French). 2017-03-07. Retrieved 2023-08-27.
  14. ^ conso, L. S. A. (2017-09-29). "La startup Stuart a coûté 13 millions d'euros à La Poste" (in French). {{cite journal}}: Cite journal requires |journal= (help)
  15. ^ "Boutique Fitness Concept FitHouse Opening Union Square, Noho Locations". Commercial Observer. 2018-06-15. Retrieved 2023-08-27.
  16. ^ Buisson, Alexis (2020-04-26). "Ses salles de sport fermées, il se lance dans les tenues médicales". French Morning US (in French). Retrieved 2023-08-27.
  17. ^ Leigh, Dana (2022-01-12). "Meet Benjamin Chemla, CEO and Co-Founder at Shares: An App That Adds A Social Twist To Financial Investment". TechRound. Retrieved 2023-08-27.
  18. ^ "Europe's first social and investing app Shares.io raises €8.52M prior to launch | Silicon Canals". 2021-08-25. Retrieved 2023-08-27.
  19. ^ "Shares.io social investment platform eyes to launch in UK in 2021; raises $10M".
  20. ^ Burroughs, Callum. "This startup mixes social networking with investing. Peter Thiel's Valar Ventures led a $40 million round into Shares after seeing this 12-slide pitch deck". Business Insider. Retrieved 2023-08-27.
  21. ^ FinSMEs (2022-07-25). "Shares Raises $40M in Series B Funding". FinSMEs. Retrieved 2023-08-27.
  22. ^ "Shares, le nouveau courtier français qui veut devenir le Robinhood européen". Les Echos (in French). 2021-08-25. Retrieved 2023-08-27.
  23. ^ "213 of the Most Successful Logistics Startups". www.failory.com. Retrieved 2023-08-27.
  24. ^ Rédac, La. "" Fumé " : le smoke house le plus méditerranéen de Paris - Edgar Magazine" (in French). Retrieved 2023-08-27.
  25. ^ "PaySika, nouvelle néobanque pour l'Afrique francophone, lève". infonet.fr (in French). Retrieved 2023-08-27.
  26. ^ Dechaux, Delphine (2022-03-15). "Pixmania: la relance à 11 millions d'une marque mythique du e-commerce". Challenges (in French). Retrieved 2023-08-27.