What investment strategy does Alven focus on?

Alven focuses on VC strategies in the private equity space.

How many portfolio companies does Alven have?

Alven has 95 active portfolio companies and 60 completed exits and 6 funds tracked on GP Intel.

Where is Alven headquartered?

Alven is headquartered in Paris, France.

What sectors does Alven invest in?

Alven invests across TMT, Software, Consumer, Financials, Business Services.

What are Alven's recent exits?

Recent realized exits by Alven include: The Guarantors (2026) to Warburg Pincus; Deepomatic (2025) to IQGeo; happn (2025) to Hello Group; MadKudu (2025) to HG Insights; Bearer (2024) to Cycode; Smallable (2024) to AA Investments Ltd; Xwing (2024) to Joby Aviation; Tinyclues (2023) to Splio.

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Alven

Paris, France·Founded 2002·

Venture Capital

·alven.co

Alven is an independent early-stage venture capital firm founded in 2000 and based in Paris, France, managing over $500 million and backing more than 160 startups over 22 years. It focuses on supporting European category-defining startups with global reach, primarily at the Seed and Series A stages.

AUM

–

Funds

vintages 2000–2022

Portfolio

Exits

Alven is a Paris venture capital firm with 95 active companies and 60 exits.

SectorsTMT Software Consumer Financials Business Services

Key takeaways

·15 exits in the last 5 years · consistent DPI cadence.
·Average hold across 60 realized deals: 6 years.
·Top sector focus: Software (26% of portfolio).
·Fund cadence: ~4Y between vintages · last raise 2022.

Sector breakdown

155 companies

Software

40 · 26%

TMT

34 · 22%

Consumer

15 · 10%

SaaS

8 · 5%

Cybersecurity

6 · 4%

Fintech

6 · 4%

AI/ML

6 · 4%

E-commerce

4 · 3%

Geography breakdown

5 geographies

France

148 · 95%

4 · 3%

USA

1 · 1%

Switzerland

1 · 1%

Belgium

1 · 1%

Key facts

HQParis, France

Founded2002

Websitealven.co

Recent exits

Alven sold The Guarantors to Warburg Pincus in 2026 after 10 years.

Alven sold Deepomatic to IQGeo in 2025 after 10 years.

Alven sold happn to Hello Group in 2025 after 11 years.

Alven sold MadKudu to HG Insights in 2025 after 10 years.

Coverage notes

6 funds tracked, 155 portfolio companies (95 active · 60 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Alven has raised, with its portfolio companies. Hand-checked from public filings.

6 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Alven VI

VC2022€350M20 assets

2022 · 4yr

€350M

–

Unrealized

20 held

Company	Entry
Amo Software · France	2025
Carbonfact Industrials · France	2021
Generare Biotech · France	2024
Gorgias Software · France	2019
Kestra Software · France	2023
Marveri LegalTech · USA	2024
Mindee TMT · France	2021
Mytraffic TMT · France	2021
Neural Concept TMT · France	2021
Omnidoc HealthTech · France	2021
Opus Major Software · France	2024
Riverse Software · France	2025
Skarlett Financials · France	2024
Skynopy Software · France	2024
SlashID Cybersecurity · France	2023
Stoik Software · France	2020
StratifiA TMT · France	2024
Supercede InsurTech · France	2021
Symbiotic Security Cybersecurity · France	2026
Verley FoodTech · France	2021

Alven V

VC2016€250M57 assets55 exits

2016 · 10yr

€250M

Unrealized

57 held

Company	Entry
Altrove Software · France	2025
Ankorstore E-commerce · France	2019
AntVoice Software · France	2011
Archy Software · France	2025
Beam Software · France	2020
Birchbox Consumer · US	2015
Cardiologs HealthTech · France	2020
ChartMogul Software · France	2017
Concord SaaS · France	2015
Creative Fabrica Consumer · France	2022
Cryptio Fintech · France	2021
Diffusely Software · France	2024
Feed. Consumer · France	2018
Filics Deep Tech · France	2023
Freeda Software · France	2018
Gemmyo Consumer · France	2013
Heetch Mobility · France	2015
iAdvize AI/ML · France	2012
Izberg Marketplace E-commerce · France	2015
Joone Consumer · France	2018
Kaiko TMT · France	2021
Kairos Fire Gaming · France	2019
Keymetrics Software · France	2017
Kiln Fintech · France	2021
Kosmik SaaS · France	2020
LaCollection Consumer · France	2022
Madbox Gaming · France	2019
Manreo Software · France	2025
Mipsology Deep Tech · France	2018
Netbooster AdTech · France	2022
Okeiro HealthTech · France	2024
OpenClassrooms Education · France	2012
Pandascore Gaming · France	2017
Planity E-commerce · France	2016
Platform.sh Cloud Infrastructure · France	2012
Plato AI/ML · France	2016
POC Pharma Pharma · France	2024
Polyplan Software · France	2024
Powder Gaming · France	2020
Pretto Fintech · France	2019
Qonto Fintech · France	2016
Qover InsurTech · Belgium	2019
Qualiforce Software · France	2024
Scortex Software · France	2017
Soundcharts TMT · France	2017
Speach SaaS · France	2015
Supermood SaaS · France	2018
Swarmia Software · France	2021
Talent.io HR Tech · France	2015
Tonsser Software · France	2018
VideoStitch TMT · France	2015
Virgil Cybersecurity · France	2019
Webhelp Business Services · France	2001
Wildmoka TMT · France	2018
Wisembly SaaS · France	2014
Wynd Software · France	2015
Yubo TMT · France	2016

Realized

55 exits

Company	Entry	Exit	Type	Buyer	MOIC
Aquarelle Consumer · France	2008	2013	–	–	–
Bearer Cybersecurity · France	2021	2024	Trade Sale	Cycode	–
Bime Analytics Software · France	2013	2015	Trade Sale	Zendesk	–
Captain Train E-commerce · France	2014	2016	Trade Sale	Trainline	–
Clustree HR Tech · France	2014	2020	Trade Sale	Cornerstone	–
Companeo Software · France	2007	2010	Secondary	Carlyle in a LBO	–
CWS Software · France	2007	2018	Secondary	investors	–
Deepomatic AI/ML · France	2015	2025	Trade Sale	IQGeo	–
Dioranews TMT · France	2005	2008	Trade Sale	Buongiorno France	–
Drivy TMT · France	2011	2019	Trade Sale	Getaround	–
eAccess Telecom · France	2004	2006	–	–	–
eBoutic.ch Consumer · France	2007	2011	Trade Sale	Groupe Maus Frères	–
Emos Software · France	2004	2006	Trade Sale	GL Trade	–
Enso Software · France	2021	2024	–	–	–
Entropysoft Software · France	2011	2013	Trade Sale	salesforce	–
Ercom Telecom · France	2009	2019	Trade Sale	Thales	–
Finemedia TMT · France	2007	2011	Trade Sale	Groupe Pages Jaunes	–
Frichti FoodTech · France	2015	2022	Trade Sale	Gorillas	–
happn TMT · France	2014	2025	Trade Sale	Hello Group	–
Hull Data & Analytics · France	2017	2021	Trade Sale	MessageBird	–
Infinit Fintech · France	2014	2016	Trade Sale	Docker	–
Jobteaser HR Tech · France	2017	2022	Secondary	BAR CAPITAL	–
KelDoc Healthcare · France	2013	2015	Trade Sale	MNH	–
Koala.ch Software · Switzerland	2011	2014	Trade Sale	CHaussures Aeshbach	–
Lengow SaaS · France	2010	2021	Secondary	Marlin Equity Partners	–
Liligo TMT · France	2007	2013	Trade Sale	eDreams Odigeo	–
MadKudu AI/ML · France	2015	2025	Trade Sale	HG Insights	–
Mailjet Software · France	2012	2019	Trade Sale	Mailgun (Thoma Bravo)	–
MakeMeReach TMT · France	2012	2015	Trade Sale	Perion Network	–
MeilleursAgents TMT · France	2009	2019	Trade Sale	Axel Springer	–
Meiosys Software · France	2003	2005	Trade Sale	IBM	–
Mention Software · France	2013	2018	Trade Sale	MyNewdesk	–
MobPartner TMT · France	2011	2015	Trade Sale	Cheetah Mobile	–
MonShowroom Consumer · France	2009	2012	Trade Sale	Groupe Casino	–
Peopledoc HR Tech · France	2010	2018	Trade Sale	Ultimate Software	–
Pickup Services Business Services · France	2006	2009	Trade Sale	Geopost (La Poste)	–
Plantes et Jardins Consumer · France	2005	2012	Trade Sale	Gamm Vert	–
Prowebce Software · France	2006	2012	Secondary	Edmond de Rothschild Investment Partners	–
Qosmos TMT · France	2008	2016	Trade Sale	Enea	–
QuelleEnergie Energy · France	2013	2015	Trade Sale	Certinergy	–
SeLoger TMT · France	2004	2010	Trade Sale	Axel Springer	–
Sézane Consumer · France	2014	2018	Secondary	General Atlantic	–
Shone TMT · France	2018	2022	Trade Sale	Bedrock Ocean Exploration	–
Smallable Consumer · France	2010	2024	Trade Sale	AA Investments Ltd	–
SoCloz Software · France	2012	2020	Trade Sale	Savoye	–
Splendia Hospitality · France	2006	2016	Trade Sale	Voyage Privé	–
Sqreen Cybersecurity · France	2016	2021	Trade Sale	Datadog	–
StartingDot TMT · France	2012	2016	Trade Sale	Afilias	–
TextMaster TMT · France	2012	2018	Trade Sale	the Technicis group	–
The Guarantors Financials · France	2016	2026	Secondary	Warburg Pincus	–
Tinyclues AI/ML · France	2015	2023	Trade Sale	Splio	–
Try The World Consumer · France	2015	2017	Trade Sale	Urthbox	–
Wanimo Software · France	2008	2012	Trade Sale	Dômes Pharma	–
Wit.ai Software · France	2014	2015	Trade Sale	Facebook	–
Xwing TMT · US	2018	2024	Trade Sale	Joby Aviation	–

Alven Capital

VC2015€350M10 assets2 exits

2015 · 11yr

€350M

Unrealized

10 held

Company	Entry
Attention TMT · France	2025
BackLight TMT · France	2022
Cycode Cybersecurity · France	2022
Dataiku AI/ML · US	2015
Finegrain Software · France	2024
Foodomarket Consumer · France	2022
Genesis TMT · France	2025
Indy SaaS · France	2019
Rainbow ClimateTech · France	2023
Typology Consumer · France	2020

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
Boursier.com TMT · France	2003	2006	Trade Sale	Lagardere group	–
Hi-Media TMT · France	2005	2016	Trade Sale	Adux	–

Alven Early Stage Fund III

VC2013€100M2 assets

2013 · 13yr

€100M

–

Unrealized

2 held

Company	Entry
Akeneo SaaS · France	2014
Algolia Software · France	2013

Alven Early Stage Fund II

VC2006€36M1 assets3 exits

2006 · 20yr

€36M

Unrealized

1 held

Company	Entry
Stripe Fintech · US	2015

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
Bi-Sam TMT · France	2006	2012	Secondary	Aquiline Capital Partners	–
E-Blink TMT · France	2007	2017	Secondary	Capital-E	–
Marco Vasco TMT · France	2007	2017	Trade Sale	Figaro Group	–

Alven III

VC2000€50M5 assets

2000 · 26yr

€50M

–

Unrealized

5 held

Company	Entry
Mandriva Software · France	2006
Realviz TMT · France	2001
Tradingcom TMT · France	2003
Voxmobili TMT · France	2005
WMI Software · France	2005

About Alven

Alven is a leading European venture capital firm with €500 million of assets under management as of December 2024, founded in 2002 and headquartered in Paris. The firm specialises in early-stage investments in European technology companies, with a multi-decade track record across consumer internet, enterprise software, marketplace and fintech verticals.

Investment thesis

Alven targets European technology companies at seed and Series A stages, with selective follow-on investments supporting portfolio companies through Series B and beyond. Sector focus spans consumer internet, enterprise software, marketplace platforms, fintech and selectively HealthTech verticals. Equity ticket sizes typically range from €500 thousand seed positions through to €10 million Series A commitments, with the early-stage mandate enabling Alven to capture European technology innovation at inception.

Recent activity

The platform tracks 6 funds, 100 active portfolio companies and 52 realised exits across the multi-decade European VC track record. Continued distribution momentum across multiple vintages supports the platform's reputation as one of the leading European early-stage technology VCs.

Frequently asked questions

What investment strategy does Alven focus on?: Alven focuses on VC strategies in the private equity space.
How many portfolio companies does Alven have?: Alven has 95 active portfolio companies and 60 completed exits and 6 funds tracked on GP Intel.
Where is Alven headquartered?: Alven is headquartered in Paris, France.
When was Alven founded?: Alven was founded in 2002.
What sectors does Alven invest in?: Alven invests across TMT, Software, Consumer, Financials, Business Services.
What are Alven's recent exits?: Recent realized exits by Alven include: The Guarantors (2026) to Warburg Pincus; Deepomatic (2025) to IQGeo; happn (2025) to Hello Group; MadKudu (2025) to HG Insights; Bearer (2024) to Cycode; Smallable (2024) to AA Investments Ltd; Xwing (2024) to Joby Aviation; Tinyclues (2023) to Splio.