Provence Business Angels

What Provence Business Angels does

Provence Business Angels (PBA), also styled Provence Angels, is a Marseille-based Business Angels network organized as a French Association loi 1901 (non-profit). Founded in 2007 and headquartered at the Hôtel Technologique in Marseille with a secondary antenna in Toulon, the network connects ambitious early-stage entrepreneurs with a community of more than 100 active investor members, of whom approximately 95% are seasoned business leaders and entrepreneurs. PBA is recognized as one of the top 10 most active Business Angels networks in France and is a member of the national France Angels federation.

PBA's core offering is structured seed-stage financing and post-investment support, delivered through a recurring monthly committee process in which members collectively evaluate and fund startups. The network uses the third-party Dealum platform for deal management and portfolio tracking, and complements this with the Provence Angels Académie, a structured investor-training program offered free to members and at €600 per person to non-members. PBA does not build proprietary technology products; its value proposition rests on curated deal flow, member expertise, regional anchoring in Provence-Alpes-Côte d'Azur, and co-investment syndication with other French BA networks.

Economically, PBA funds startup investments by aggregating member capital rather than holding a central fund. Operating revenue derives from member subscription fees, Académie training fees, and non-recurring investment returns from successful portfolio exits such as Birds (acquired by Wiser), Kamp'n (acquired by Digitaleo), TousFacteurs (acquired by GLS), and Mo'Rice (merged with Biochamps). The network has financed 80+ startups, deployed over €20M of member capital, and its portfolio companies have collectively raised more than €70M. PBA is governed by a board led by President Christophe Baralotto and has no parent company or institutional external backing.

Name

Provence Business Angels

Legal name

Provence Business Angels – Association loi 1901

Website

https://provenceangels.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Provence Business Angels is a Marseille-based non-profit Business Angels network with 100+ active investor members that finances and mentors seed-stage startups across the PACA region and France, ranked among the country's top 10 most active BA networks.

Ownership category

akta.pro rank

Product category

Angel Investment Network

NAICS

Other Financial Vehicles (52599)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Business angel network
• Angel investing
• Seed stage funding
• Startup financing
• Investor network

Headquarters

HQ city

Marseille

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership fees: The network generates revenue through membership fees from its Business Angels members. While specific amounts are not disclosed, members pay to join and participate in the network's investment activities.
2. Academy training fees: The Provence Angels Academy offers training modules to members (free) and non-members (600€ per person). This provides a secondary revenue stream for the network.
3. Investment returns (carried interest): As a Business Angels network, returns come from successful exits of portfolio companies, though specifics are not publicly disclosed.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Provence Business Angels is a French business angel network based in Marseille that pools capital from approximately 100+ active individual investors to provide seed and early-stage equity financing to startups, primarily in the Provence-Alpes-Côte d'Azur region. Structured as an Association loi 1901, the network has financed 80+ startups with €20M+ in network capital and €70M+ raised by portfolio companies, and also operates the Provence Angels Academy, a paid training program for prospective business angels and entrepreneurs.

Product overview

Provence Business Angels is a Business Angels investment network operating as an Association loi 1901. The organization does not offer a traditional product portfolio but provides investment network services including deal management via the Dealum platform, the Académie training program for investor education, and facilitates connections between investors and startups seeking funding. The core offering consists of membership access to investment opportunities and educational resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Angel Membership Annual membership granting qualifying high-net-worth individuals and business leaders access to the network's monthly investment committee, curated startup deal flow, co-investment opportunities with 100+ active members, and the Dealum-based deal pipeline.
• Provence Angels Academy Paid training program preparing prospective business angels and entrepreneurs on angel investment practices, due diligence, and the regional startup ecosystem in Provence-Alpes-Côte d'Azur.
• Pooled Seed and Early-Stage Equity Investment Pooled equity capital deployed by the network's 100+ members into seed and early-stage startups, primarily in the Provence-Alpes-Côte d'Azur region, with portfolio companies collectively raising €70M+ in follow-on funding.

Quantifiable outcome

• 80+ startups successfully financed
• +2 more outcomes

Named customers11 records

Segments2 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 core.

• France AngelscoreStrategic or Co-development PartnerProvence Angels is a member of the France Angels federation, the national organization for Business Angels networks in France. This membership enables deal sharing, cross-network co-investments, and participation in national initiatives.
• Ignitera CapitalcoreStrategic or Co-development PartnerIgnitera Capital is a new fund focused on pre-seed investments in cybersecurity and AI, created by Sébastien Telouk and Cédric Messeguer who are also members of Provence Angels. The two entities have natural synergies with Ignitera Capital investing at the proof-of-concept stage and Provence Angels providing follow-on investment and business expertise. Together they create a financing continuum for tech startups.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Paris Business Angels: One of France's largest and oldest Business Angels networks, based in Paris. Directly comparable as a France Angels federation member pooling individual angels to co-invest in seed-stage startups (co-invested with Provence Angels in Akidaia).
• Femmes Business Angels: French BA network focused on women investors but funding mixed-gender teams. Repeated co-investment partner with Provence Angels (VoilaChef, Lib&Lou, fluiidd), making it a near-identical peer in model, stage, and federation alignment.
• Sophia Business Angels: Regional BA network also based in the PACA region (Sophia Antipolis). Co-invested with Provence Angels in K-Motors and shares the same geographic pool of founders and angels, making it the closest geographic peer.
• Var Business Angels: Regional PACA BA network operating in the Toulon/Var area. Co-invested with Provence Angels in K-Motors and overlaps with Provence Angels' Toulon antenna, representing a directly comparable regional peer.
• Grand Delta Angels: South-of-France BA network co-investing with Provence Angels in Ooba Ooba Business. Operates a similar pooled-angel seed-investment model under the France Angels federation.
• Alumni Business Angels: France Angels member network that co-invested with Provence Angels in Gaarden and Twise. Operates the same collective angel investment model, making it a structurally equivalent peer.
• Arts et Métiers Business Angels: France-based BA network affiliated with Arts et Métiers alumni. Co-invested with Provence Angels in Drinkee's €3.4M round and operates an identical angel-pooling model for seed funding.

Regional players

• BeAngels: Largest Belgian BA network and France Angels-style federation member. Co-invested with Provence Angels in Defthedge; same pooled-angel model but geographically focused on Belgium.

Broad incumbents

• France Angels: National federation of French Business Angels networks of which Provence Angels is a member. Acts as an umbrella organization enabling deal sharing and co-investment across the entire French BA ecosystem.
• Bpifrance: French public investment bank that co-invests in many Provence Angels rounds (K-Motors, VoilaChef, HEXA Solutions). Operates at a much larger scale across seed-to-growth stages, providing institutional capital that complements BA networks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Customer concentration

• LinkedInlinkedin.com/company/provence-business-angels
• Xx.com/PBusinessAngels
• Facebookfacebook.com/provencebusinessangels

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments29 records

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

Frequently asked questions about Provence Business Angels