ALTO Invest is an independent management company that makes private equity investments. ALTO Invest has just boosted their stake in Sidetrade, the artificial intelligence innovator, to 5.04%, by acquiring Sidetrade shares on the market.
Sidetrade is one of the few pioneering listed companies in the word of SaaS software editors. The quality of their management, together with their strategic positioning in B2B customer relations, convinced us to invest in them. Sidetrade’s development of new AI-based business solutions shows their determination to break new ground. They are trailblazers in their field”, said Franck Halley, Managing Director of ALTO Invest.
ALTO Invest is a specialized asset management firm which invests in privately-owned and publicly-listed SMEs seeking to grow through innovation. In 2011, ALTO Invest became a Sidetrade shareholder and has since supported and guided Sidetrade’s international development.
Sidetrade is one of today’s market leaders in B2B Artificial Intelligence solutions. Sidetrade provides a unique intelligent assistant to accelerate business growth, especially for Marketing, Sales and Finance teams.
Olivier Novasque, Founder and CEO of Sidetrade, commented:
I wish to thank ALTO Invest, one of our longstanding shareholders, for their trust. Artificial Intelligence is on its way to becoming a crucial asset for top-performing businesses. We have given ourselves the resources to move fast and take a considerable lead in the market. »