What Keenest does

Keenest, operating legally as Keen Impact S.A.S., is a French investment club and web-based platform that enables retail investors to participate in unlisted climate tech startups through equity investments structured via Special Purpose Vehicles (SPVs). Founded in 2025 and headquartered in Paris (with registered office in Lyon), the company targets French tax-resident individuals seeking exposure to the ecological transition, with a minimum ticket size of €500 per project and additional access via PEA/PEA-PME tax-advantaged envelopes (minimum €2,000). The platform applies a rigorous selection process, accepting less than 5% of submitted dossiers, and finances pre-seed, seed, and Series A climate tech companies across mobility, energy, industry, buildings, agriculture, and chemicals, including portfolio names such as Konboi (autonomous freight AI), Leviathan Dynamics (clean cooling), Monomeris, Arkeon Energy, Veridian, and Zilo Énergie.

Keenest generates revenue through two streams: a 5-7% TTC entry commission on investor subscriptions, and a 15% carried interest on net gains above a 1x return multiple. The company charges 0% variable fees to funded companies, differentiates on a proprietary "Climate Dividend" impact metric (1 Dividend = 1 tonne CO2-eq avoided), and maintains board representation at each portfolio company for governance oversight. Distribution is direct-to-consumer via a self-service portal (invest.keenest.co) with KYC and Qonto-powered payments, complemented by a content-marketing engine (Keen'Letter, Keen'Focus) and an investor community engaged via WhatsApp and PR coverage in French business media.

As of early 2026, the platform reports 4,000-4,500 active investors, 14-15 financed innovations, and €11-12 million of facilitated capital targeting a 10-15% annual return with 10 MtCO2e potential emissions avoided. The company raised over €10 million in seed funding in October 2025, led by an undisclosed investor cohort, within seven months of launch. The leadership team comprises President and CEO Jérémie Sicsic, co-founder Adrien Hubert, and COO Renan Labrunie.

Name

Keenest

Legal name

Keen Impact S.A.S.

Website

https://keenest.co

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

11–50 employees

Short description

Keenest is a French investment club platform that enables retail investors to fund unlisted European climate tech startups via SPVs starting at €500, generating revenue from entry commissions and carried interest.

Ownership category

akta.pro rank

Product category

Impact Investing Platform

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Energy & Sustainability / Climate Growth Equity (FSANACAG)

akta.pro secondary industries

Climate Finance Strategy (CapEx planning, green finance, incentives & grants) (EUABAKAG), Carbon Finance & Investment Advisory (Project Finance, Funds, SPVs) (EUABADAD)

Keywords

• Climate tech investment
• Impact investing platform
• Private equity crowdfunding
• Sustainable finance
• Retail investment platform

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Entry Commission: Keenest charges investors a 5% to 7% TTC commission on the invested amount for each subscription. This covers platform development costs, due diligence and investor documentation fees, investment vehicle setup (SPV), annual management until investment exit (accounting, legal), and Keenest's board seat at the target company. The commission is paid separately from the investment amount.
2. Carried Interest (Performance Fee): A 15% carried interest is applied on net gains after fees and charges when the investor achieves a return multiple of 1x or greater. This performance fee aligns Keenest's interests with investors, incentivizing the team to negotiate favorable terms and actively manage governance. If the investment fails to return capital, no carried interest is charged.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Keenest operates a climate-focused investment club and web platform that enables French retail investors to participate in unlisted equity investments in ecological transition startups, with tickets starting at €500 per project. Each investment is structured through a Special Purpose Vehicle (SPV), and the platform applies a proprietary Climate Dividend metric (1 dividend = 1 tonne CO2-eq avoided) to quantify environmental impact alongside financial returns.

Product overview

Keenest operates as a unified investment platform (Keenest Platform) for climate-focused private equity, enabling investors to fund ecological transition startups through unlisted shares starting at €500. The platform integrates impact measurement via Climate Dividends (1 Dividend = 1 tonne CO2-eq avoided), supported by educational content through Keen'Letter newsletter and Keen'Focus expert analysis series. The portfolio includes 15+ innovations spanning sectors including mobility, energy, industry, buildings, and agriculture, with notable companies such as Konboi (AI-powered autonomous freight), Leviathan Dynamics (clean cooling technology), Monomeris, Arkeon Energy, and Veridian. The platform is structured around 0% variable fees for companies, 7% TTC investor entry fees, and 15% carried interest, with board presence at each funded company.

Differentiator

Problem solved

Functional benefit

Products and services

• Keenest Investment Platform A self-service web-based investment platform (invest.keenest.co) enabling French retail investors to create accounts, complete KYC verification, browse curated climate tech projects, subscribe to investments via SPVs, and track portfolio performance and Climate Dividend impact. Minimum investment is €500 per project.

Quantifiable outcome

• Less than 5% of submitted project dossiers are accepted (1 in 25 projects passes selection)
• +3 more outcomes

Named customers6 records

Segments2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Team for the PlanetcoreStrategic or Co-development PartnerPartnership with Team for the Planet, an organization supporting startups in the ecological transition. Leviathan Dynamics is described as a 'Star of Team for the Planet.' The partnership provides deal flow and credibility to Keenest's platform.
• Solar Impulse FoundationcoreStrategic or Co-development PartnerPartnership with the Solar Impulse Foundation founded by Bertrand Piccard. The foundation supports clean technology solutions and provides validation/credibility to portfolio companies.
• Station FminorStrategic or Co-development PartnerPartnership with Station F, the world's largest startup campus in Paris. Provides access to deal flow and startup ecosystem connections.
• SatganaminorStrategic or Co-development PartnerPartnership with Satgana impact fund for deal sourcing and ecosystem collaboration in climate tech investments.
• Climate DividendscoreStrategic or Co-development PartnerPartnership with the Climate Dividends association for impact measurement methodology. 1 Climate Dividend = 1 tonne CO₂-eq avoided. Provides standardized, credible environmental impact tracking for investors.
• Climate HouseminorStrategic or Co-development PartnerPartnership with Climate House organization supporting the ecological transition and climate-focused investments.
• SIF (Sustainable Innovation Fund)minorStrategic or Co-development PartnerPartnership with SIF (Sustainable Innovation Fund) supporting sustainable innovation and ecological transition projects.
• QontominorOthersPayment processing partner for collecting investor funds during fundraising campaigns. Payments are collected by Qonto and held in escrow until fundraising targets are met.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Lendosphere: French crowdfunding platform focused on renewable energy and sustainable real estate projects. While primarily debt-based (vs. Keenest's equity), it serves the same French retail investor base seeking climate-positive investment opportunities with tax advantages.
• Anaxago: French private investment platform offering retail investors access to unlisted startups and real estate, with growing climate tech exposure. Comparable model of curated deal flow with SPV structuring for French retail investors.
• Miimosa: French crowdfunding platform for agricultural and food transition projects, with a portion of deals covering climate-related ventures. Comparable as a French retail-facing impact investment platform, though with a sectoral focus on agritech.
• ENERFIP: Leading French crowdfunding platform dedicated to financing the energy transition, allowing citizens to invest in renewable energy projects. Targets the same climate-conscious French retail investor segment with similar fiscal incentive structures.
• Companisto: Germany's leading equity crowdfunding platform for startups, offering curated deal flow to a community of retail investors. Comparable community-led, curated approach, though primarily German-market focused.
• October (formerly Lendix): European SME lending and investment platform active in France. While broader in scope, it targets similar French retail investors seeking alternative investments outside public markets.
• LITA.co: French impact investment platform offering retail investors access to vetted climate and social enterprises via SPVs, with similar fiscal wrappers (PEA-PME) and community-driven positioning. Lita is Keenest's closest French competitor in the impact private equity space.

Broad incumbents

• Seedrs: Major UK-based equity crowdfunding platform with a broad portfolio across sectors. A larger, more generalist player that competes for retail investors interested in startup equity, with broader geographic reach but less climate specialization.

Emerging players

• Wearthy: Emerging European platform focused on sustainable investments for retail investors. Smaller scale than Keenest but with a comparable thematic focus on climate and impact investing.

Others

• Solar Impulse Foundation: An ecosystem partner rather than a competitor — the foundation validates and profiles clean tech solutions, providing deal flow and credibility to platforms like Keenest. Included as a peer due to its role in the French climate tech ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Keenest