Graneet, a Paris company that sells an ERP to construction SMEs, has raised €7 million. FrenchWeb reported the round on 28 September, and Graneet’s LinkedIn company page carries a post announcing the amount. The money is meant for new modules and for AI agents connected to customers’ management data, and the pitch around it is that France’s e-invoicing mandate can be the way into a much larger software purchase.
What Was Announced
Graneet was founded in 2020 and, according to FrenchWeb, counts nearly 1,500 clients; that is the company’s claim, and Graneet’s own homepage does not give a client number. FrenchWeb names three founders, Jean-Gabriel Niel, Enzo Dozias and Raphaël Moulin, and identifies Niel as chief executive.
The FrenchWeb report does not say what kind of round this is or who put the money in. Dealroom’s summary of the announcement files it as a Series B and also says the new participants were not named; we have not seen a round letter in any other coverage we read, so treat “Series B” as Dealroom’s classification, not the company’s. We found no named investors for this round.
The funding history is clearer. FrenchWeb gives €2.4 million in 2021, then an €8 million Series A in 2023 backed by Point Nine and Foundamental, joined by Axeleo Capital and Raise Sherpas. Independant.io’s April 2023 report on that Series A gives the same €8 million figure and names Point Nine Capital, Foundamental and Axeleo Capital among the backers. Business BTP adds that Graneet says it is heading toward profitability in the coming months.
The Regulatory Hook
The e-invoicing timeline in the coverage matches the French tax administration’s own guidance. In a practical sheet on impots.gouv.fr, updated June 2026, the administration says every business must be able to receive electronic invoices from 1 September 2026. Large companies and mid-sized firms (ETI) must also issue them from that date. Micro-enterprises and SMEs must issue from 1 September 2027. The same sheet says that invoices must go through an approved platform (plateforme agréée).
That is the gap Graneet is aimed at. The company does not present itself as an approved platform. On its e-invoicing page it names Pennylane as its approved partner platform and describes Graneet as a compatible solution working alongside it, saying it is “100% compliant with” that partner platform (our translation). Pennylane’s own site describes it as a registered approved platform. Received supplier invoices, the page says, are loaded into Graneet automatically and can be matched against orders, delivery notes and budgets, with features for retention guarantees, VAT reverse-charge handling and direct subcontractor payments.
What the Product Covers
Per FrenchWeb, the existing ERP covers quoting, purchasing, invoicing, labour, stock, CRM and project profitability. The modules named as coming are planning, after-sales service, a dashboard and an API.
On AI, FrenchWeb describes an MCP interface that exposes ERP data to AI assistants, plus agents built around four roles: CFO, site manager, administrative assistant and accountant. Graneet’s AI page describes the MCP side concretely: customers can ask questions about their Graneet data from ChatGPT or Claude, with example prompts such as which suppliers raised prices most in 2026 or which ongoing projects have margins at risk. The page also lists in-product AI for matching bank transactions to invoices and delivery notes to purchase orders. The page does not use the word “agents”, so the agent roles rest on FrenchWeb’s report.
FrenchWeb also names Sage Batigest, EBP Bâtiment and Codial as established ERPs in the sector, and Obat and ProGBat as simpler tools for small firms.
Analysis
This section is our reading, not reporting. E-invoicing is a compliance requirement that French businesses face on fixed dates, which can make it an easier thing to sell than an ERP. Graneet’s bet is that a company that has to adopt invoicing software anyway will let that software also hold its quotes, purchasing and margins. The AI layer depends on the same thing: an agent that answers “which jobs are losing money” is only as good as the orders, deliveries and invoices that sit behind it, and an invoice that arrives through Graneet is one more record in that dataset.
What we cannot say from the public record is how many of those 1,500 clients are on the e-invoicing module, or what the new money does to Graneet’s pricing. Neither has been reported.
Sources: FrenchWeb, Dealroom, Inforcapital, Business BTP, Independant.io, impots.gouv.fr, and Graneet’s own website and LinkedIn page. French-language material is translated by us.
