What investment strategy does Korelya Capital focus on?

Korelya Capital focuses on VC, Growth strategies in the private equity space.

How many portfolio companies does Korelya Capital have?

Korelya Capital has 26 active portfolio companies and 6 completed exits and 2 funds tracked on GP Intel.

Where is Korelya Capital headquartered?

Korelya Capital is headquartered in Paris, France.

What is Korelya Capital's assets under management?

Korelya Capital manages approximately €800M in assets under management.

When was Korelya Capital founded?

Korelya Capital was founded in 2016.

What sectors does Korelya Capital invest in?

Korelya Capital invests across Software, Consumer, Financials, Healthcare, TMT, Industrials.

What are Korelya Capital's recent exits?

Recent realized exits by Korelya Capital include: AB Tasty (2026) to Wingify; Kayrros (2026) to Energy Aspects; Wallapop (2025) to Naver Corp; Showpad (2025) to Vector Capital; Snips (2019) to Sonos.

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Korelya Capital

Paris, France·Founded 2016·

Venture Capital Growth Equity

·korelyacapital.com

Korelya Capital is a Paris-based growth-stage venture capital firm founded September 2016 by Fleur Pellerin (former French Minister for Digital Economy 2012-2014 and Culture 2014-2016). The firm manages over EUR 800M across K-Fund I 2016 EUR 200M plus K-Fund II 2021 EUR 200M plus Korelya Brands 2023 lifestyle fund, anchored by Naver Corp (KOSPI 035420) and Line as primary LPs. Korelya partners with European tech leaders to scale into Asian markets via offices in Paris (101 rue Reaumur), London, Seoul and Singapore. Sector focus spans deep tech, consumer marketplaces, mobility, fintech, healthcare and digital lifestyle. Notable bets include Mistral AI, Bolt, Ledger, Devialet, Glovo, Vestiaire Collective plus confirmed exits Wallapop 2025 to Naver Corp around EUR 600M and Snips 2019 to Sonos USD 37.5M. SIREN 822718649 AMF GP-18000003.

AUM

€800M

Funds

vintages 2016–2021

Portfolio

Exits

Korelya Capital is a Paris venture capital firm with €800M AUM, 26 active companies and 6 exits.

SectorsSoftware Consumer Financials Healthcare TMT Industrials

Key takeaways

·5 exits in the last 5 years · consistent DPI cadence.
·Average hold across 6 realized deals: 5 years.
·Fund cadence: ~5Y between vintages · last raise 2021.

Sector breakdown

32 companies

Software

4 · 13%

Consumer

3 · 9%

AI/ML

3 · 9%

Mobility

3 · 9%

Fintech

3 · 9%

TMT

3 · 9%

HealthTech

2 · 6%

Hospitality

2 · 6%

Geography breakdown

10 geographies

France

14 · 44%

Germany

4 · 13%

Spain

4 · 13%

3 · 9%

South Korea

2 · 6%

Sweden

1 · 3%

Netherlands

1 · 3%

Key facts

HQParis, France

Founded2016

Websitekorelyacapital.com

Recent exits

Korelya Capital sold AB Tasty to Wingify in 2026 after 9 years.

Korelya Capital sold Kayrros to Energy Aspects in 2026 after 8 years.

Korelya Capital exited Hokodo in 2025 after 3 years.

Korelya Capital sold Wallapop to Naver Corp in 2025 after 4 years.

Coverage notes

2 funds tracked, 32 portfolio companies (26 active · 6 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

2 funds

Fund

Strategy

Vintage

Size

Assets

Exits

K-Fund II

VC2021€200M16 assets2 exits

2021 · 5yr

€200M

Unrealized

16 held

Company	Entry
Chefclub Consumer · France	2021
DeepIP AI/ML · France	2026
FINN Mobility · Germany	2022
Gradium AI/ML · France	2025
Grover Consumer · Germany	2022
Habyt PropTech · Germany	2023
ifeel HealthTech · Spain	2024
Junction Software · Sweden	2025
Mistral AI AI/ML · France	2024
My Real Trip Hospitality · South Korea	2024
Ramp Fintech · UK	2022
Rebellions TMT · South Korea	2024
Synapse Medicine HealthTech · France	2022
Theker Robotics Deep Tech · Spain	2026
Upway Mobility · France	2023
Weo Industrials · US	2023

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
Hokodo Fintech · UK	2022	2025	–	–	–
Wallapop E-commerce · Spain	2021	2025	Trade Sale	Naver Corp	–

K-Fund I

VC2016€200M10 assets4 exits

2016 · 10yr

€200M

Unrealized

10 held

Company	Entry
Bitfury TMT · Netherlands	2018
Bolt Mobility · Estonia	2018
Devialet Consumer · France	2016
GetYourGuide Hospitality · Germany	2019
Glovo FoodTech · Spain	2019
JobTeaser HR Tech · France	2017
Ledger Fintech · France	2018
Memrise Software · UK	2018
Oh BiBi Software · France	2018
Vestiaire Collective E-commerce · France	2020

Realized

4 exits

Company	Entry	Exit	Type	Buyer	MOIC
AB Tasty AdTech · France	2017	2026	Trade Sale	Wingify	–
Kayrros Software · France	2018	2026	Trade Sale	Energy Aspects	–
Showpad SaaS · Belgium	2019	2025	Secondary	Vector Capital	–
Snips TMT · France	2017	2019	Trade Sale	Sonos	–

About Korelya Capital

Korelya Capital is a French venture capital firm headquartered in Paris with capital deployed across 2 active fund vehicles. Founded in 2016, the firm deploys institutional capital across early-stage and selective growth-stage equity rounds in European technology companies, with sector focus spanning TMT, software, consumer, healthcare and business services.

Investment thesis

Korelya Capital targets European and selectively global early-stage and growth-stage technology companies across TMT, software, consumer, healthcare and business services, deploying institutional venture capital across seed, Series A and Series B rounds. The firm emphasises hands-on operational support during the post-investment value-creation phase, leveraging founder and operator partners alongside institutional capital to support international expansion and category leadership across France and selectively across Europe. Average equity tickets vary by stage with reserve capital preserved for follow-on rounds across the platform.

Recent activity

Recent realised exits include Devialet (TMT, 2025). The platform tracks 2 fund vehicles, 21 active portfolio companies and 2 realised exits across the strategy's history.

Frequently asked questions

What investment strategy does Korelya Capital focus on?: Korelya Capital focuses on VC, Growth strategies in the private equity space.
How many portfolio companies does Korelya Capital have?: Korelya Capital has 26 active portfolio companies and 6 completed exits and 2 funds tracked on GP Intel.
Where is Korelya Capital headquartered?: Korelya Capital is headquartered in Paris, France.
What is Korelya Capital's assets under management?: Korelya Capital manages approximately €800M in assets under management.
When was Korelya Capital founded?: Korelya Capital was founded in 2016.
What sectors does Korelya Capital invest in?: Korelya Capital invests across Software, Consumer, Financials, Healthcare, TMT, Industrials.
What are Korelya Capital's recent exits?: Recent realized exits by Korelya Capital include: AB Tasty (2026) to Wingify; Kayrros (2026) to Energy Aspects; Wallapop (2025) to Naver Corp; Showpad (2025) to Vector Capital; Snips (2019) to Sonos.