Mendo, the French startup that helps enterprises adopt generative and agentic AI, has announced a €12 million Series A. Following an earlier €3.5M seed round in October 2024, this fresh injection of capital — led by Ventech and Educapital, joined by Tomcat and OVNI — will allow the Paris-based company to accelerate the rollout of its platform across Europe’s largest enterprises.
Adoption and agentics: the blind spots of the AI revolution
According to Gartner, 70% of enterprise AI and agentic projects never reach real-world deployment. Not because of any technological shortcoming, but for lack of adoption by the teams themselves. It is on this observation that Mendo has built its proposition since it was founded in 2021: to be the missing link between AI tools and their real adoption within the enterprise. Embedded directly into everyday tools (Copilot, ChatGPT, Gemini, Mistral AI) through its SaaS solution, the platform guides every user towards the best use cases and helps companies maximise the value of AI, while keeping people at the centre.
From tool to the organisation’s operating system: AI enters a new era
With agentic AI, companies are entering a new era. It is no longer about optimising isolated tasks, but about turning scattered AI models into robust, secure services that accelerate a company’s operations. AI is becoming the organisation’s operating system: it runs through every function, connects every process and shapes the performance of the whole. In this context, the real challenge is no longer purely technological. It comes down to a company’s ability to identify the opportunities that agents open up, to deploy the new ways of working that follow, and to secure their adoption by teams.
In practical terms, Mendo gives companies the strategic read they lack today: where does AI truly create value? Which processes would benefit from being rethought? Where should agents be deployed?
“With agentics, AI changes status: it is no longer a tool that saves you a few hours a week, it becomes the layer that orchestrates and governs all of a company’s operations. It is this shift that makes Mendo’s positioning even more strategic today. No company will pull off this transition without bringing its people along and changing the way it is organised. They are the ones who work with it day to day, who spot the right use cases, who keep the agents running on the ground. That is exactly what we see among clients such as Groupe Rocher, PwC and Edenred. Our role is to make that adoption possible at scale, without leaving anyone behind,” explains Quentin Amaudry, CEO and co-founder of Mendo.
Supporting the rollout of agents and strengthening the analytics layer
This round marks another decisive step in the trajectory of a company built on a simple conviction: AI only becomes useful once it is understood, practised and woven into teams’ daily work. Today more than 100 major organisations (PwC, Novo Nordisk and Crédit Agricole among them) rely on Mendo, representing close to 100,000 employees supported across Europe since launch.
Carried by this momentum, the company now intends to move up another gear. These new resources will allow it to pursue three priority ambitions:
- Strengthen its analytics layer to give companies a clear read on how they use AI and to identify the agents most likely to generate ROI. Once they are deployed, Mendo steers their adoption and measures their impact. Early results already show adoption six times higher than with traditional methods.
- Double its headcount from 50 to 100 employees, with a focus on its product, tech and sales teams.
- Accelerate its commercial rollout across the main European markets, to meet growing demand for support with AI adoption
“The real problem with AI in the enterprise isn’t budget. It’s adoption. Tools left idle, teams using them only at the margins, and management that doesn’t know where to start in fully embedding AI into their processes. Mendo solves exactly that: from mapping the uses that already exist, through upskilling teams, to deploying in-house AI agents. With five offices in Europe (Paris, Berlin, Munich, Helsinki and Stockholm) and investments in players such as Speexx, 365 Talents and amber, Ventech has long backed companies that bring together AI and training. Mendo really is the missing piece at European scale. That is exactly the kind of company Ventech sets out to invest in,” says Audrey Soussan, General Partner at Ventech.
“As the first European fund dedicated to innovation in education and training, Educapital sees backing Mendo as fitting squarely within its thesis. Agentic AI has become a central theme in debates about the future of work, with the promise of automating entire tasks. To stay competitive, companies need to be able to train their people continuously to work alongside AI agents. That is precisely Mendo’s mission.” says Litzie Maarek, General Partner at Educapital.
“AI is becoming what the internet became twenty-five years ago: infrastructure that is essential to a company’s competitiveness. And yet the real battle is no longer fought over the technology itself, but over its ability to be adopted at scale by employees. That is exactly where Mendo has built a head start. Mendo understood, well before many others, that value creation will come from pairing artificial intelligence with human intelligence. We are convinced that Mendo has everything it needs today to become Europe’s leader in enterprise AI adoption, and we are proud to support them in that ambition.” says Patrice Thiry, Chairman of Tomcat.
About Mendo
Founded in 2021 by Quentin Amaudry and Alexandre Pinon, Mendo is a SaaS solution that helps large enterprises succeed in their AI and agentic transformation by putting their people at the centre of the process. Embedded directly into the tools teams already use, it combines adoption, steering and agent deployment to make AI a genuine driver of performance. Mendo today supports around a hundred of major European organisations.
