Paris Business Angels

What Paris Business Angels does

Paris Business Angels generates no fee revenue from startups and does not charge portfolio companies; the association's revenue model rests on member dues and sponsorships, while investment returns and carried interest accrue to individual member angels rather than to the entity itself. The organization is governed by a board led by co-Presidents Stephanie Duchenois and Tanguy de La Fouchardière, Vice Presidents Jacqueline Grivois AGlietta and Philippe Gluntz, with operational leadership including a Délégué général (Valentin Bernard), supported by 11-50 staff and structured working groups covering sourcing, performance and exit, HR, communication, and DEX expertise verticals. The operating geography is regional (France/Europe), with portfolio examples spanning MedTech (Cardiawave, BrainTale, Biomemory), HRTech (Combo), EdTech (NA3D), AgTech (Champerché), and logistics/digital (DMS Logistics, POPMII, WISEAR).

Name

Paris Business Angels

Legal name

Paris Business Angels Association

Website

https://parisbusinessangels.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Paris Business Angels is a French nonprofit business angel network founded in 2004 that connects nearly 200 angel investor members with early-stage startups across France, having invested over €30 million in nearly 200 companies at pre-seed, seed, and Series A/B stages.

Ownership category

akta.pro rank

Product category

Angel Investment Network

NAICS

Other Investment Pools and Funds (5259), Miscellaneous Intermediation (52391), Miscellaneous Financial Investment Activities (523999)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

Keywords

• Angel investment network
• Seed stage funding
• Startup financing
• Venture capital network
• Private equity investing

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Investment returns and carried interest: As a business angel network, Paris Business Angels generates returns through capital appreciation and exit events from their investment portfolio. Members invest their own capital directly into startups, with 50% reinvestment rate indicating successful portfolio management and capital recycling.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Paris Business Angels is a business angel investment network that connects high-net-worth individual investors with early-stage startups seeking seed and pre-seed funding. The network evaluates approximately 70 startup pitches annually, selects at least 10 first-round and 3-5 second-round investments per year, and provides mentorship alongside capital, with investment capacity up to €5 million per round. The organization also supports portfolio companies through active involvement and reinvestment, with a 50% reinvestment rate from first to second rounds.

Product overview

Paris Business Angels is a business angel investment network established in 2004 that connects angel investors with startups. It is not a technology product company; rather, it offers investment services including startup funding (pre-seed, seed, and Series A/B rounds up to €5 million), mentorship, and network access for entrepreneurs. The organization supports approximately 200 companies with over €30 million invested. Services are delivered through direct investor relationships and an intranet platform for member management rather than a software product architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Seed and Pre-Seed Investment Funding Equity investment funding for early-stage startups, with average first-round investments of €300k and capacity up to €500k or more for around 10% of supported startups. Includes active reinvestment in second rounds.
• Structured 4-Step Investment Process

Quantifiable outcome

• 50% reinvestment rate from first to second round
• +2 more outcomes

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

Five partnerships are on record, tiered core and minor.

• Essec AlumnicoreStrategic or Co-development PartnerActive members of the Essec Alumni network participate both in investment activities and in all association activities of Paris Business Angels.
• Cap DigitalcoreStrategic or Co-development PartnerCap Digital is at the heart of a movement that federates all innovation players, providing ecosystem support for startups and investors.
• MaddynessminorGTM or Marketing PartnerMaddyness is a media outlet dedicated to entrepreneurship and innovation in France, providing news coverage and visibility for the startup ecosystem.
• Smash GroupminorStrategic or Co-development PartnerSmash Group supports customers and employees in building conditions for healthy and sustainable growth, offering services to the startup ecosystem.
• Smash LegalminorImplementation/ SI/ Consulting PartnerSmash Legal provides flexible legal support through time-sharing lawyers who intervene directly at startups' premises on an as-needed basis.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Business Angels des Grandes Écoles (BADGE): One of France's largest and most established business angel networks, focused on graduates of French grandes écoles. Directly comparable as a multisector French BA network pooling high-net-worth individual investors to deploy into seed-stage startups.
• France Angels: The national federation of French business angel networks, with over 60 member networks and thousands of individual angels. PBA is itself affiliated; France Angels is comparable as the umbrella for the same BA-investing activity and provides benchmarking for deal flow, training, and policy advocacy.
• Femmes Business Angels: A leading French business angel network promoting women-led investment in startups. Comparable to PBA in structure (association of angels, pooled capital, seed-stage focus) and target market (early-stage French startups).
• Investessor: Early-stage business angel network active in the Paris/Ile-de-France region investing alongside other networks. Directly comparable to PBA in geography, stage (pre-seed/seed), and member-led deal-sourcing model.
• Angels Santé: France's leading business angel network dedicated to healthcare and life-sciences startups. Comparable to PBA as a French BA network, with overlap in healthcare deals (PBA backed Cardiawave and BrainTale) and a similar pooled-angel structure.

Emerging players

• Anaxago: French digital private-investment platform offering startups access to a large pool of qualified investors. Comparable to PBA in early-stage French deal flow, but differentiated by a tech-led platform model rather than in-person pitch nights.
• WiSEED: French equity- and bond-based crowdfunding/investment platform focused on early-stage startups and SMEs. Comparable to PBA as a French early-stage capital provider with broad angel participation, but operates as a regulated platform rather than an association.

Broad incumbents

• Bpifrance: France's public investment bank and the central pillar of the French innovation financing ecosystem — a PBA partner. Comparable as a major source of seed/early-stage capital for French startups, but operates at vastly greater scale and with public-sector mandate.

Regional players

• Capitole Angels: Business angel network based in Toulouse serving the Occitanie region. Directly comparable in member-led, seed-stage investing model but operates in a different French region and does not directly compete for Paris-area deals.

Others

• Réseau Entreprendre: National French network of entrepreneurs providing free mentoring and financing to startup and growth-stage founders. Comparable as a French founder-support organization that combines capital and mentorship, though its model centers on loans and business mentoring rather than angel equity rounds.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Paris_BA
• Facebookfacebook.com/ParisBusinessAngels

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

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

M&A

Investments74 records

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

Frequently asked questions about Paris Business Angels