Founded in 2014 by Clément Francomme, Utocat has developed a suite of software tools that utilize blockchain technology to provide an access portal for investment operations. The company's platform streamlines the registration and life cycle of unlisted securities, making it easier for clients such as AXA and BNP Paribas to invest in unlisted companies. Utocat has raised €500,000 in funding and joined the Acceleration program of EuraTechnologies of Lille in 2016. The company's easy-to-install tools provide banks and insurance companies with a simplified way to optimize their financial services using blockchain technology.