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17/12/2019
Counting On Success Episode 11: Ornikar

CEO & Co-founder: Benjamin Gaignault
Date of creation: 2013
Headquarters: 39 rue Bouret 75019 Paris
Employees: 115
Sector: Education technology


Date of investment: February 2018
Followed by: Jonathan Userovici
Amount invested: €20m


Benjamin Gaignault, CEO & Co-founder

Benjamin Gaignault began his adventure with Ornikar at the age of 24, after graduating from a master's degree in Business, Finance and Marketing from the School of Management in Marseille. Although many sectors have been turned upside down in recent years by the digital world, Benjamin realised that nothing had so far changed for young drivers. Ornikar was born from Benjamin and his business partner's desire to revolutionise the way we drive, creating a business which today is testament to its founders' resilience and ambition.


ORNIKAR PRESENTATION

Ornikar is a digital platform which connects driving instructors with learners. Their theory test is 100% online and costs a tenth of the price compared to a traditional driving school, while the practical driving side costs almost half. Taken to court on numerous occasions upon its arrival in a highly regulated sector, the company has now entered a period of hypergrowth. Today, Ornikar offers various additional services including young drivers' insurance and is looking to develop its services even further.


A WORD FROM JONATHAN USEROVICI, INVESTMENT MANAGER AT IDINVEST PARTNERS
The digital transformation of the learn-to-drive sector has up until now been extremely slow. We are therefore delighted to support Ornikar as it offers a high-quality and less expensive alternative for learner drivers. Through creating an innovative digital platform at the service of young people, Ornikar has been able to develop rapidly within the French market and is now looking to expand internationally. The company has increased its turnover by 10 since our investment two years ago and we are proud to support Ornikar as they take their next steps.




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