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Provence Business Angels

Company

Investment-firm

Financing round

General

About Company
Provence Business Angels is a VC that supports startups with strong growth potential.

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founded date

01.01.1997

Number of employees

IPO status

Private

Description

Established in 1997 in Marseille, France, Provence Business Angels is a venture capital firm that focuses on financing and supporting companies with high growth potential. With an average of less than 2 deals per year, the firm has a track record of committing exits 11 percentage points more often than other companies. The fund typically invests in deals ranging from $1 million to $5 million and has shown a particular interest in the Internet and Search Engine industries. While there is no specific preference for the number of founders in portfolio startups, the fund has invested in notable companies such as Notilo Plus and Kamp'n. Provence Business Angels primarily invests in startups that are 4-5 years old and typically participates in rounds with 2-3 other investors. While Provence Business Angels is a key player in the region, other notable investors in French startups include Paris Business Angels, Kapinno, and Bpifrance. The fund often collaborates with sponsors such as Bpifrance, P.Factory, and Paca Investissement. Overall, Provence Business Angels aims to support the regional economy and job creation by leveraging the diverse expertise and experiences of its approximately fifty members, many of whom have backgrounds as entrepreneurs or executives.
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Financials

Investments
21
Date 
name 
Lead 
type 
Raised 
06.05.2024
Yes
$1.08M
Local Amount - EUR 1M
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No
$1.52M
Local Amount - EUR 1.4M
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No
$968.38K
Local Amount - EUR 900K
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People

Employee Profiles
3

Charles Richardson

President

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