Angelsquare

What Angelsquare does

Angelsquare is a Paris-based fundraising advisory platform founded in 2013 (operational since 2016 under its current service structure) that connects early-stage startups with French and European investors including Business Angels, Family Offices, venture capital funds, private equity funds, and corporate venture capital. The company has advised on more than 550 funding operations spanning Pre-Seed, Seed, and Series A rounds, with selected deals including Wealthcome (€7M Series A, 2025), Offroad (€1.5M Seed, 2025), Gleamer (€1.5M for AI medical imaging), Sesamm (€7.5M Series B), AZmed, Luko, Jus Mundi, Selency, and Wedoogift. The platform is gated by a referral-only membership model on the investor side and an Airtable-based dossier submission flow on the startup side.

The company's core product is the Angelsquare platform, supplemented by a Portfolio Manager tool that lets investor members consolidate and track their startup holdings over time. There is no proprietary AI/ML infrastructure disclosed; the product surface is fundamentally a curated marketplace plus human advisory. The company has expanded scope twice: in November 2022 to include Series B, and via the spin-out of Nextsquare.co for Series A+, M&A, and dual-track mandates. Media properties include the annual French Business Angels ranking co-published with Challenges magazine and the 'Les Défis de la Tech' video podcast with Revue Conflits.

Angelsquare generates revenue through three streams: (i) premium membership subscriptions (€1,080 TTC/year or €108/month) for investor members, (ii) fixed startup fees from €5,000 HT per dossier, and (iii) variable success commissions on completed raises. Go-to-market combines referral-driven investor acquisition, content and event-driven top-of-funnel marketing, and direct advisor-led engagement with entrepreneurs submitting through Airtable. The company employs 11-50 people and is led by President Charles Degand, with a leadership team that includes Managing Partner Paulhenri Poirier, COO Balthazar de Menthon, CTO Sebastien Sepheriades, and Head of Startups Relations David Lambert.

Name

Angelsquare

Legal name

Angelsquare SAS

Website

https://home.angelsquare.co

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Angelsquare is a Paris-based fundraising advisory platform, founded in 2013, that connects early-stage startups (Pre-Seed, Seed, Series A) with French and European Business Angels, Family Offices, and VC funds, having advised on 550+ funding operations through a referral-gated investor community and success-fee pricing.

Ownership category

akta.pro rank

Product category

Fundraising Advisory Services

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Venture Capital Fundraising Placement (FSAEALAC)

Keywords

• Fundraising advisory services
• Startup investment matching
• Business angel network
• Early-stage venture capital
• Investor deal flow

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Premium Membership Subscription: Members pay for premium access to the Angelsquare platform and investor community. Subscription provides access to startup profiles, portfolio manager tools, and investment tracking capabilities.
2. Startup Fixed Fees: Startups are charged a variable fixed fee starting from €5,000 HT depending on the size of the fundraising round, in exchange for promotional services and platform presentation.
3. Success Commission: When an investment is effectively completed, startups pay a success commission calculated on the gross investment amount. This aligns Angelsquare's incentives with successful fundraises.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Angelsquare is a Paris-based fundraising advisory firm that helps early-stage startups raise Pre-Seed, Seed, and Series A capital by curating introductions between vetted startups and a network of 550+ investors (Business Angels, Family Offices, VC funds, and corporate venture capital). The firm charges startups fixed advisory fees starting at €5,000 HT plus success commissions on closed rounds, and offers premium membership access to investors at €1,080/year or €108/month.

Product overview

Angelsquare operates as a unified fundraising advisory platform offering a curated marketplace for Pre-Seed, Seed, and Series A deal flow, connecting vetted startups with a network of French and European investors. The core platform provides deal discovery, founder introductions, and investor matching services. A supplementary Portfolio Manager tool enables investor members to consolidate and track their startup holdings over time.

Differentiator

Problem solved

Functional benefit

Products and services

• Angelsquare Fundraising Advisory Service End-to-end fundraising advisory service for early-stage startups raising Pre-Seed, Seed, and Series A rounds of €200K to €3M. Angelsquare prepares investor-grade materials, curates introductions to a network of 550+ Business Angels, Family Offices, VC funds, and corporate venture capital investors, and supports negotiation to close. Startups pay a fixed fee starting at €5,000 HT plus a success commission on closed rounds.
• Angelsquare Premium Investor Membership Referral-based premium membership that gives Business Angels, Family Offices, VC funds, and corporate venture capital investors access to Angelsquare's curated startup deal flow. Includes anonymous startup profiles for early-stage research and a Portfolio Manager tool for tracking investments within the ecosystem. Priced at €1,080/year or €108/month.

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered flagship and core.

• Challenges MagazineflagshipStrategic or Co-development PartnerAnnual partnership for Business Angels ranking studies. Angelsquare and Challenges collaborate every 18 months to publish rankings of most active French Business Angels, establishing industry authority.
• Revue ConflitscoreStrategic or Co-development PartnerGeopolitics and economics journal partnership for 'Les Défis de la Tech' video podcast series featuring dialogues between tech entrepreneurs and policy makers.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Cambon Partners: French tech M&A and capital-raise advisor with a comparable founder/investor intermediation offering; competes for the same Series A+ and exit mandates in the French ecosystem.
• Bryan, Garnier & Co: European investment bank specialising in technology, media, and healthcare growth companies; offers equity capital markets and M&A advisory services comparable to Angelsquare's late-stage offering.
• Nextsquare: Spun out of Angelsquare in 2022 to handle Series A+ and M&A / dual-track mandates for the same founder base. Operates the same capital-raise intermediation model at a later stage, making it the closest functional peer.
• Clipperton: Paris-based corporate finance advisor focused on tech and digital companies, providing M&A and capital-raising services to growth-stage startups — overlapping directly with Angelsquare's Series A/B and Nextsquare M&A mandates.
• SeedLegals: European platform (UK-headquartered) that automates startup fundraising legal workflows and investor matching; competes with Angelsquare's matchmaking layer with a software-first delivery model.

Broad incumbents

• Bpifrance: French public investment bank that funds and co-invests across virtually every early-stage round in France; a structural counterparty and competitor to Angelsquare's deal-flow intermediation.
• Eurazeo: Large French PE/VC group with significant early-stage activity through its venture and growth funds; overlaps with Angelsquare's investor universe and competes for Series A/B allocations.
• AngelList Venture: US-headquartered online platform for startup fundraising, syndicates, and rolling funds; the dominant digital peer to Angelsquare's curated-investor approach and a long-term competitive threat.

Others

• Crunchbase: Global deal-flow data and discovery platform that increasingly offers investor matching features; an enabling/competing infrastructure provider in the same fundraising value chain.
• Carta: Cap-table management and equity administration platform used by most funded startups; an adjacent infrastructure player whose investor data could disintermediate part of Angelsquare's matching layer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/angelsquare_co
• LinkedInlinkedin.com/company/angelsquare

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments12 records

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

Frequently asked questions about Angelsquare