Nothing seems to be able to stop the moving train. Despite the health crisis and uncertainties about the recovery of economic activity, young French business angels continue to fuel start-ups through their investments, reveals the 2nd edition of the annual ranking conducted by Angelsquare with “Les Echos “.
Well helped by TEPA lawthis momentum owes its momentum to the growing number of fundraisers, their amount and a change in the mentality of investment funds that allow entrepreneurs to sell shares during this phase.
An accelerating phenomenon
It is therefore not surprising to see it arrive earlier Thomas Rebaudco-founder and CEO of Meerowhose last round of financing took place in 2019 ( 230 million dollars ) allowed it to inject € 790,000 into 13 start-ups last year. These investments made in the seed phase in the vast majority of cases are one of the historical peculiarities of the Silicon Valley ecosystem, where part of the money raised during the entrepreneurial adventure is systematically donated to other projects. “The phenomenon of young business angels is not new, but it is gaining momentum, notes Charles Degand, CEO of Angelsquare. We see more and more founders, but also employees investing. “
Top 10 French business angels under 35 in 2020
# 1. Thomas Rebaud : co-founder and CEO of Meero. 790,000 euros invested in 13 operations (WeLink, Colizey, Bling, etc.).
#2. Arthur Leroy Beaulieu : leader of TFH. € 550,000 invested in 8 operations (Aircall, Grocery, etc.).
# 3. Thibault Levi Martin : CEO of Partoo. 389,000 euros invested in 8 operations (Balt, Umiami, etc.).
# 4. Damien Morin : CEO of Mobile Club. 380,000 euros invested in 14 operations. (YukaBling, Sled…)
# 5. Jeremy Wies : Founder and CEO of Synovo. 291,000 euros invested in 4 operations (Codaa, La Croisière Loisirs, etc.).
# 6. Maria Outside : Product Director on Twitter. € 285,000 invested in 11 operations (Fleex, AgroLeague, etc.).
# 7. Josef Bovet : co-founder and CEO of Rudder systems. 280,000 euros invested in 12 operations (Alma, Ambler, etc.).
# 8. Laurent Acezat : web entrepreneur. 200,000 euros invested in 4 operations (Bling, Skypaper.io …).
# 9. Carlo Baldetto : accountant at brain. 185,000 euros invested in 4 operations (Estimeo, wedoogood…).
# 10. Massimo Bush : co-founder of Serenity. 150,000 euros invested in 8 operations.
Source : Angelsquare and “Les Echos”.
About forty new investors are registered on the Angelsquare platform every month and the rejuvenation of profiles logically follows the curve of business creators. People under 35 are particularly attuned the risk associated with this activity observes Charles Degand: “Business angels love risk, they see opportunities during crises, including the one we are going through. “ A good part of them are active with a dozen operations every year, even in 2020. But they are not limited to a simple injection of money. Their you want to get involvedsometimes he sits on the board of directors of the start-ups they finance. “This also explains why this business is highly geolocated in France, adds the leader of Angelsquare. They are close to the founders they support, they love to visit offices, show the teams that they are there and can help. “
too few women
“They”, but not “them”. Reflecting the persistent imbalance between men and women among start-up creators, the French business angel landscape is very unisex. Only a few women invest, a phenomenon accentuated by their propensity to be more discreet, like Maria Outside. Co-founder and CEO ofAiden.aisold to Twitter in 2019, it staked € 285,000 in 11 deals last year, but seeks more shadow than media light.
As with many other areas of financial activity, we will have to wait until 2021 to measure the real impact of the current crisis on these young investors. Heavily encouraged through fiscal measures, they could also be scalded if bankruptcies cascade into start-ups over the next twelve months. And rolling up an essential mechanism for the success of French Tech as a whole.