BiblioOnDemand raises 1 million euros to finance an AI tool

BiblioOnDemand raises one million euros from its investors IRD Invest and Finovam Gestion.

This digital bookstore, founded in 2023 by Marie-Delphine Foudriat, wishes to democratize access to educational and cultural resources.

The start-up offers ebooks, but also audiobooks, podcasts, videos and many other digital content to libraries, schools and businesses. It’s a bitOverdrive French style.

The platform provides access to offers from more than 5,000 publishers and nearly 150,000 multimedia resources.

BoodIA: a generative AI serving professionals and readers

This fundraising of one million euros will allow the company to develop an innovative tool.

BoodIA aims to respond reliably and legally to users’ questions expressed in natural language and to contextualize the answers to their profile and their expectations. This initiative represents a turning point in the distribution of digital content.

In a press release, the President of BiblioOnDemand explains: “Our ambition is to become the number 1 French digital bookseller in libraries. The support of IRD Invest and Finovam Gestion is a decisive step which will allow us to accelerate our development, in and internationally. Media education, the fight against disinformation and reducing the carbon footprint are at the heart of current affairs and our concerns. »

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