What Anaxago does

Anaxago SAS is a Paris-based, AMF-regulated (PSFP, registration FP-2023-25) alternative investment platform founded in 2012, operating one of France's earliest equity crowdfunding franchises. The group serves more than 15,000-20,000 individual and professional investors through four legal vehicles: Anaxago SAS (the crowdfunding platform and CIP/PSFP intermediary), Anaxago Capital (AMF-licensed portfolio management company running 8 pooled funds), CapHorn (VC team acquired February 2022, focused on HealthTech and ClimateTech), and Anaxago Patrimony (ORIAS-registered CIF/COA wealth advisory offering open-architecture allocation). The platform distributes more than 400 financed projects and €850M+ in cumulative invested volume across deal-by-deal crowdfunding in real estate (8-14% target returns) and startups/SMEs (seed to Series C), plus structured SCPIs, private equity real estate funds, life insurance, structured products, and an Article 9 SFDR climate fund-of-funds (AxClimat I).

The technology stack is a proprietary, 100% digital investment journey handling KYC, digital signature, wallet-based account management, and quarterly reporting through anaxago.com, complemented by a high-touch advisory layer (Anaxago Patrimony) and physical distribution via monthly roadshows at venues including the Palais Garnier. Revenue mechanics combine transaction-based placement fees on crowdfunding deals, marketplace/commissions on SCPI and fund distribution, recurring management fees on Anaxago Capital's pooled vehicles, and professional services fees from Patrimoine advisory mandates, with minimum tickets ranging from €1,000 (crowdfunding) to €10,000 (private equity funds). Since 2013 the group has been operationally profitable and has been designated an 'Entreprise à Mission' since April 2023.

The go-to-market is hybrid: a self-serve PLG digital channel and an inside-sales motion staffed by dedicated financial advisors (Monday-Friday 9h-19h), supplemented by an ambassador referral programme paying up to €1,000 per referred investor and a CGP partner network. Customer segments span mass-affluent individual investors seeking alternative-asset diversification, family offices/professional investors, and upstream issuers (real estate developers and innovative startups) seeking private capital.

Name

Anaxago

Legal name

Anaxago SAS

Website

https://anaxago.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

Anaxago is a Paris-based, AMF-regulated alternative investment platform (PSFP, ORIAS) founded in 2012, serving 15,000-20,000+ French individual and professional investors with equity crowdfunding, SCPI distribution, private equity real estate funds, structured products, and wealth advisory through its Anaxago, Anaxago Capital, CapHorn, and Anaxago Patrimony brands.

Ownership category

akta.pro rank

Product category

Alternative Investment Platform

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282), Loan Brokers (6163)

akta.pro primary industry

Real Assets Fund of Funds (Real Estate / Infrastructure / Natural Resources FoF) (FSAHAKAG)

akta.pro secondary industry

Private Client/High-Net-Worth Advisory (FSAEAAAN)

Keywords

• Real estate crowdfunding
• Alternative investment platform
• Private equity funds
• Wealth management advisory
• Venture capital investments

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Crowdfunding Platform Fees: Platform charges fees on crowdfunding real estate and innovation investments, including placement fees and transaction-based charges on amounts invested by users
2. SCPI and Fund Distribution: Distribution of SCPI (Société Civile de Placement Immobilier) and private equity fund products with associated management fees from partner fund managers
3. Financial Advisory Services: Anaxago Patrimony provides personalized wealth management advisory services with custom allocations across open-architecture solutions

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Anaxago is a French online alternative investment platform that connects private investors with real estate development projects, non-listed innovative startups and SMEs, private equity real estate funds, SCPI products, structured products, and life insurance contracts. Operating through its 100% digital platform, the regulated group — comprising the Anaxago crowdfunding portal, the AMF-licensed asset manager Anaxago Capital, the CapHorn venture capital arm, and the Anaxago Patrimony wealth advisory subsidiary — enables investors to subscribe to individual deals or pooled funds from €1,000 and access ongoing portfolio reporting.

Product overview

Anaxago operates as a diversified alternative investment platform offering multiple investment vehicles across real estate and venture capital. The core platform provides crowdfunding access to real estate projects (8-14% target returns) and startup/PME investments (seed to Series C), while the Anaxago Capital subsidiary manages 8 pooled funds including the AxClimat I climate fund (Article 9 SFDR) and Anaxago Society real estate funds. The group also distributes SCPI products (Transitions Europe, Kyaneos Pierre, Pierval Santé, Activ-Immo), structured products, and life insurance wrappers. Investment themes are organized into thematic portfolios (Innovation, Santé et Prévention) and objective-based portfolios (Constituer un Capital, Générer des Revenus, Dynamiser l'Épargne, Optimiser la Fiscalité). Anaxago Patrimony provides open-architecture wealth advisory services. All investments are processed through a 100% digital platform with quarterly investor reporting.

Differentiator

Problem solved

Functional benefit

Brands

• AxClimat I: Multi-strategy fund of funds dedicated to decarbonation of the European economy, classified Article 9 SFDR.
• FCPR Anaxago Society 2023

Products and services

• Crowdfunding Immobilier (Real Estate Crowdfunding) Deal-by-deal real estate crowdfunding platform giving individual investors access to French property development and renovation projects with target returns of 8–14% per annum, minimum ticket €1,000, and 6–36 month durations.
• Startup & PME Private Equity Direct equity investments in innovative non-listed French startups and SMEs (seed to Series C), focused on healthtech and climatech sectors, with minimum tickets of €1,000 and tax wrappers such as IR reduction and apport-cession.
• SCPI de Rendement Distribution Distribution of third-party SCPI real estate investment trusts (Transitions Europe, Kyaneos Pierre, Pierval Santé, ACTIV-IMMO, Primovie) with quarterly dividends, minimum ticket €5,000 and historical rates between 4.49% and 8.25% depending on the vehicle.
• Fonds de Private Equity Immobilier Pooled real estate private equity funds targeting new property uses such as co-living, co-working and low-carbon developments, distributed through assurance-vie and PEA-PME wrappers with a minimum ticket of €10,000.
• Assurance Vie Life insurance contracts dedicated to real estate and forward-themed investment vehicles, with a €10,000 minimum ticket, 48-hour liquidity, and tax treatment favorable to long-horizon savers.
• AxClimat I Article 9 SFDR-classified private equity fund-of-funds dedicated to decarbonization of the European economy, offering investors exposure to 6–8 underlying European fund managers and 80–100 portfolio companies aligned with climate objectives.
• FCPR Anaxago Society 2023 Real estate private equity fund (FCPR) reserved for professional investors, targeting 7% per annum over a 5-year horizon and distributed through the Anaxago platform as the successor to the original Anaxago Society One fund.
• Club Deals VC Venture capital club deal participations in innovative non-listed companies, allowing accredited investors to co-invest alongside Anaxago and CapHorn in selected seed-to-Series-C rounds, with fewer than 10 of ~2,500 VC dossiers proposed annually.
• Produits Structurés Capital-protected structured products distributed via the Anaxago platform, including RENDEMENT TAUX targeting +6% gross per annum and ATHENA DIGITAL ECONOMY targeting +11% gross per annum via conditional coupons.
• Anaxago Patrimony Wealth Advisory Personalized wealth management advisory delivered by Anaxago Patrimony SAS, including custom asset allocation across SCPI, assurance-vie, investment funds and Anaxago's exclusive opportunities, supported by dedicated advisors reachable Monday–Friday 9h–19h and by appointment evenings and weekends.

Quantifiable outcome

• 850 M€+ total invested since 2012
• +5 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered minor and core.

• ClemiumminorStrategic or Co-development Partner · 17 February 2022Anaxago Capital and Clemium jointly acquired a Parisian office building in full ownership, demonstrating co-investment capabilities for real estate transactions.
• CapHorn InvestcoreTechnology or Integration · 8 February 2022Anaxago acquired CapHorn Invest, the venture capital management company, strengthening its innovation investment capabilities. CapHorn becomes the venture capital arm of Anaxago Capital, focusing on HealthTech and ClimateTech investments with the leitmotiv 'Vivre mieux dans un environnement sain' (Live better in a healthy environment).
• CapHorncoreTechnology or IntegrationCapHorn is Anaxago Capital's venture capital team that invests in innovative companies working for social and environmental progress. Maintains independent brand identity within the Anaxago Group.
• Ambra CapitalcoreTechnology or IntegrationAmbra Capital became the new management company of the group. Announced in December 2025 newsletter (#235 Ambra).
• France FinTechminorStrategic or Co-development PartnerAnaxago joined the board of France FinTech. Caroline Lamaud, Geoffroy Guigou and Jean-Charles Samuelian joined the association's board to represent the crowdfunding sector.
• FedoraminorStrategic or Co-development PartnerPartnership for innovation promotion between Anaxago and Fedora organization, supporting innovative startups and entrepreneurs.

Scale indicators8 records

Recent moves9 records

Expansion highlights8 records

Direct peers

• Lendosphere: French crowdfunding platform focused on renewable energy and real estate projects. Direct comparable to Anaxago's crowdfunding offerings with overlapping investor base and project types, particularly in the energy transition space where Anaxago also competes through AxClimat I and CapHorn's ClimateTech investments.
• October (formerly Lendix): European SME lending platform enabling institutional and individual investors to fund business loans across multiple European countries. Direct comparable to Anaxago's club-deal private debt offerings and alternative investment platform model, though with broader European geographic reach.
• Wiseed: French crowdfunding platform offering investments in startups, real estate, and renewable energy. Direct comparable to Anaxago with a similar multi-product alternative investment platform model serving French retail and professional investors, including comparable regulatory standing under AMF supervision.
• Fundimmo: French real estate crowdfunding platform enabling individual investors to participate in property development and rehabilitation projects. Direct comparable to Anaxago's core real estate crowdfunding business, though with a narrower product focus (real estate only) versus Anaxago's broader multi-asset platform.
• ClubFunding: French real estate crowdfunding platform focused on property development and rehabilitation projects. Direct comparable to Anaxago's real estate crowdfunding business with similar investor profiles, deal types (e.g., Bordeaux, Paris residential redevelopment), and competitive positioning in the French market.

Regional players

• Republic: US equity crowdfunding and investment platform offering access to startups, crypto, and real estate to retail and accredited investors. Regional peer with comparable alternative investment platform model to Anaxago, but operating in the US market with SEC/Reg CF regulation rather than French AMF oversight.
• Crowdcube: UK equity crowdfunding platform connecting retail investors with startups and growth companies. Regional peer with similar equity crowdfunding business model to Anaxago's startup and PME investment platform, but focused on the UK market with FCA regulation rather than French AMF oversight.

Broad incumbents

• Eurazeo: French private investment group with diversified strategies across PE, real estate, private debt, and venture capital. Broader incumbent comparable to Anaxago's VC (CapHorn) and real estate investment activities, though focused primarily on institutional capital and large-cap transactions versus Anaxago's retail-accessible offerings.
• Tikehau Capital: French alternative asset manager with PE, real estate, debt, and capital markets strategies managing tens of billions in AUM. Broader incumbent comparable to Anaxago Capital's fund management business but at materially larger scale and with primarily institutional rather than retail distribution.

Emerging players

• Bienprêter: French P2P lending platform focused on consumer and small business loans. Emerging player with partial overlap to Anaxago's alternative investment offerings, though primarily focused on lending products rather than equity crowdfunding or asset management, and at smaller scale than Anaxago.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Anaxago_team
• Facebookfacebook.com/216211668470334
• LinkedInlinkedin.com/company/anaxago

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors

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

M&A1 record

Investments48 records

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

Frequently asked questions about Anaxago