PKparis
French start-up specializing in high tech and premium mobile devices.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
€2.3m | Grant | ||
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 144 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (70 %) | (91 %) | - | - |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Founded in Paris in 2013 by Luc Pierart, PKparis specialized in designing and manufacturing premium mobile and computer accessories. The company focused on creating connected objects, particularly data storage products and wireless audio devices, for the consumer electronics market. It sold its products, which included Bluetooth earphones, flash drives, and USB cables, through its online store and retail partners across Europe, the USA, and Asia.
Luc Pierart's background and his vision for connected devices shaped the company's direction. Initially, PKparis concentrated on premium storage solutions like intelligent USB drives but soon pivoted towards a broader range of connected objects. This strategic shift led to the development of notable products like the K'ablekey, a 3-in-1 device that functions as a flash drive for both computers and smartphones (with Lightning and USB-C versions), as well as a charging cable. This product, lauded for its clever magnetic, keychain-friendly design and durable aluminum housing, won an iF Design Award in 2017. Another significant achievement was a 'Best of' award at CES 2017 for a smartwatch concept designed to measure glucose levels in real-time.
The company's business model was centered on direct-to-consumer sales and retail partnerships. Its products were designed to be extensions of a user's device, featuring compact, ergonomic designs and high-quality materials. For instance, the K'ablekey required a companion app, PK Memory, for file management on iOS, allowing users to transfer media and documents, password-protect files, and back up data. The firm secured funding through various means, including equity crowdfunding and debt financing from investors like Bpifrance. Despite its early successes and product recognition, PKparis is now reported as a deadpooled company.
Keywords: mobile accessories, computer accessories, connected objects, premium storage, wireless audio, data storage, USB flash drive, K'ablekey, Luc Pierart, consumer electronics, Bluetooth earphones, USB cables, smartphone accessories, charging cable, keychain USB, Apple accessories, Android accessories, B2C electronics, online retail, deadpooled