French-Swiss Software Merger: New European Unicorn
LumApps and Beekeeper join forces in a meaningful merger, creating a new European unicorn valued at over $1 billion. this deal aims to revolutionize the employee experience with a comprehensive “employee hub” designed to streamline internal communications and workforce applications. The merged entity will serve more than 7 million users and generate ample recurring revenue, supporting employees across diverse roles, from frontline workers to executives. Sébastien Ricard of LumApps will lead the combined firm, headquartered in Lyon, France. Read the latest details at news Directory 3. As this innovative company aims for growth, what’s next for this rising software giant? Discover what’s next …
LumApps, Beekeeper Merge to Create $1B Employee Hub
Updated July 3, 2025
French software company LumApps and Swiss firm Beekeeper are merging in a deal that values the new entity at more than $1 billion. The combined company aims to create a extensive employee hub, integrating internal communications and workforce applications.
LumApps provides a platform designed to help large companies manage internal communications and workforce apps. Beekeeper offers a mobile platform focused on connecting companies with frontline workers through messaging, shift scheduling, and workflow automation.
The merged company plans to serve over 7 million users and generate $150 million in recurring revenue, employing more than 600 people. This software solution will cater to a broad range of employees, from doctors and truck drivers to customer service agents.
Sébastien Ricard, CEO and co-founder of LumApps, emphasized the goal of supporting all employees in the evolving work environment. “Together, LumApps and Beekeeper will support all employees, everywhere, in this new age of work,” Ricard said.
The new company will be headquartered in Lyon, France, with Ricard leading the business. British private equity group Bridgepoint, the largest existing shareholder in LumApps, will retain majority ownership.
The deal, expected to finalize this month, will create europe’s newest unicorn company. Othre firms reaching a $1 billion valuation this year include German drone maker Quantum Systems, Swedish body-scanning company HakOWA hair, and no-code app Lovable.
What’s next
The merger is expected to finalize this month, with the combined company focusing on expanding its workforce management and internal communications platform to reach a broader global audience.