From Web3 to the Real Economy: Erable° Becomes an Essential Player in Impact Financing

For years, the crypto and Web3 ecosystem has been filled with promises: disruptive infrastructures, tokenization, decentralized finance. Many initiatives have remained trapped in a speculative loop, far from the economic fabric. Erable has taken the opposite path. The French group uses technology as an operational lever to serve a specific goal: financing companies in the real economy whose profitability is inseparable from their positive impact. Since the acquisition of WE DO GOOD, it claims to have received over 3,000 applications, financed 39 companies, and already surpassed the entire year of 2025 in the first half of 2026.

In Brief

• Erable finances companies through revenue sharing: the investor receives a share of the revenue of the companies they support, rather than a capital gain upon resale.
• The acquisition of WE DO GOOD in 2024 brought technology, operational expertise, and a community: over 20 million euros raised, 11,000 investors, and 300 projects, according to Erable.
• Of the more than 3,000 applications received since the acquisition, 2.6% (39 companies) have been selected and placed in fundraising.
• Capital raised increased by 45% in 2025; in the first half of 2026, the volume of the entire previous year has already been surpassed, and the company claims to be profitable.

From Tokenization to Revenue Sharing: What Has Changed at Erable?

Erable was born with an ambition: to invent new financing models for the real economy. The group initially explored blockchain and various tokenomics schemes applied to the circular economy, at a time when asset tokenization was still the domain of pioneers, as we wrote during the acquisition of WE DO GOOD in April 2024.

These initial experiments financed assets through community treasuries, with the remuneration of subscribers directly linked to the revenues generated by their sale or rental. Two concrete cases: HomeCycle, for washing machines offered for rent, and H2O Care, for wastewater recycling machines, whose operation concluded positively at the end of 2025.

To make the mechanism simpler, clearer, and accessible to a broader audience, Erable then retained its central principle, revenue sharing, while changing its framework. Financing no longer focuses on tokenized assets but on the companies that develop them, prioritizing mature companies already established in their market. This is how Axsol, a specialist in accessibility solutions for people with reduced mobility, and SATOR, which develops new forms of knowledge transmission related to major transitions, were financed.

What Changes with the Acquisition of WE DO GOOD?

The acquisition of the Nantes-based fintech WE DO GOOD, announced on April 29, 2024, marked a new milestone. It brought together Erable's experience in new financing models, the technology developed by the platform, and operational expertise in revenue sharing financing. WE DO GOOD is registered as a crowdfunding intermediary (ORIAS n° 17002712) and payment services agent (REGAFI n° 73473), according to its website. The entire entity now claims to have raised over 20 million euros, 11,000 investors, and supported more than 300 projects (erable.com).

At the time of the operation, Yannis Baala, CEO of Erable, set the course:

Together, we want to become a true accelerator of positive impact. Yannis Baala, CEO of Erable, acquisition announcement of WE DO GOOD, April 29, 2024.

The group now intends to put this infrastructure at the service of other actors. Through a dedicated platforms offering, Erable aims to enable companies, sectors, institutions, foundations, or communities of investors to design and manage their own financing programs for the real economy. In other words, sell the tool, not just use it.

How does the platform sort 3,000 files to finance 39?

In a sector of alternative financing still hindered by manual operations, Erable claims to have completely rebuilt its platform. This overhaul was carried out with the strategic support of Adrien Hubert, co-founder of Erable, Serge Balatre, and the teams from Regenerative Ltd and Moonside, who contributed to introducing a high level of automation in file qualification, data analysis, and opportunity sourcing.

The flow has followed. Of the more than 3,000 files received since the takeover, more than half arrived in the recent period, since the deployment of the new architecture. Where others would yield to the temptation of volume, Erable bets the opposite: only 2.6% of projects, or 39 companies, have been selected and placed in fundraising.

The stated goal is not to replace human analysis with algorithms but to enhance the analytical capacity of teams to retain only the projects suitable for this type of financing. A selection rate of 2.6% places the platform in a filtering logic rather than a marketplace.

What do the 2025 and 2026 figures say?

|------------------------------------------|------------------------------------------------|----------------------------------------------|------------| | Indicator | Value | Period | Source | | Files received | More than 3,000 | Since the takeover of WE DO GOOD (April 2024) | Erable | | Companies retained and placed in fundraising | 39, or 2.6% of files | Same period | Erable | | Capital raised | +45% | 2025 vs 2024 | Erable | | Capital raised | 2025 volume exceeded in six months | 1st half of 2026 | Erable | | Result | Profitable company | 2026 | Erable | | Cumulative history | €20 million raised, 11,000 investors, 300 projects | Since 2013 (WE DO GOOD) and Erable | erable.com |

Figures communicated by Erable, not audited by Cointribune. Consultation on October 6, 2026.

After a 45% increase in capital raised in 2025, the pace accelerates further in 2026: in the first six months, the group claims to have exceeded the total volume of the previous year. And the company now declares itself profitable, which remains rare in French crowdfunding, where most platforms rely on successive fundraising.

What to know before investing in revenue sharing

Revenue sharing is neither a stock nor a bond. The investor does not hold a share of the capital and has no fixed rate: they receive a percentage of the company's revenue, paid periodically, up to a defined ceiling in the contract. If activity slows down, payments slow down with it; if the company fails, the capital may be lost. There is no organized secondary market to resell one's position.

This model, sometimes referred to as revenue-based financing, is aimed at investors who agree to tie their returns to the actual activity of an SME rather than to the valuation of an asset. It is the same movement, seen from the perspective of retail savings, as that which institutional finance is leading with the tokenization of real assets.

By combining analytical rigor, algorithmic leverage, data, and a strategic vision surrounded by seasoned advisors, Erable aims to demonstrate that alternative impact financing has found its infrastructure for scaling. Proof will come from upcoming publications: the number of programs opened by third parties on its dedicated platforms, and the effective repayment rate of the 39 financed companies. To measure the progress made since the early days of Web3, one can revisit the current value of tokenized assets on Solana.

To consult the projects open for investment in revenue sharing, starting from 100 euros, visit WE DO GOOD by Erable. Investment is reserved for adults residing in an eligible country; there is a risk of capital loss.

To discover the companies currently being financed through revenue sharing on the Erable platform, click here.

FAQ

What is revenue sharing financing? A contract by which a company grants its investors a percentage of its future revenue, for a set duration or until a predetermined cap, without opening its capital or incurring fixed-rate debt.
What is the difference with equity crowdfunding? In equity crowdfunding, you become a shareholder and profit from resale or dividends. In revenue sharing, you hold no shares: your return directly follows the company's sales, quarter after quarter.
What is the minimum ticket at Erable? The WE DO GOOD campaigns are accessible starting from 100 euros, depending on the platform. Each project specifies its duration, its percentage of shared revenue, and its repayment cap.