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OneRagtime

OneRagtime

PARIS, France·Founded 2017··oneragtime.com

OneRagtime is a Paris-based seed and early-growth venture capital firm founded in February 2017 by Stephanie Hospital, formerly head of Orange Digital Business Unit, and Jean-Marie Messier, the former Vivendi Universal CEO. The firm received AMF management-company approval in 2020 and operates through a hybrid investment platform combining traditional VC funds (Rhapsody I 2017, Fund I 2019, Rhapsody II 2021, Paragon 2023) with club-deal SPVs that allow its community of 300 plus investors and 100 plus entrepreneur-LPs to co-invest deal-by-deal. OneRagtime targets European startups from Seed to Series B with initial tickets of EUR 0.5M to EUR 3M as lead or co-lead investor, focusing on AI-augmented platforms (marketplaces, creator economy, fintechs) and deeptech/AI verticals (cloud, cybersecurity, data). With approximately EUR 150M in regulated AUM and 50 plus portfolio companies, OneRagtime has produced one unicorn (Jellysmack) and nine confirmed exits as of 2025 including Zenly (2017 Snap), Glose (2021 Medium), Plus Simple (2022 KKR LBO), Woonivers (2023 Sipay Plus), Loopsider (2023 Czech Media Invest), Gestoos (2023 PreAct), Aster (2024 DiliTrust), Sonio (2024 Samsung Medison), and Mantra (2025 Cyber Guru). The FPCI Paragon fund received TIBI 2 qualification. SIREN 827695453 SAS HQ 10 rue de Madrid 75008 Paris plus Barcelona office.

AUM
€150M
Funds
4
vintages 2017–2023
Portfolio
34
Exits
10
SectorsTMTSoftwareConsumerHealthcareFinancialsIndustrials

Key facts

HQPARIS, France
Founded2017

Recent exits

Mantra
Software · 2025 · 4yr hold
Sonio
Healthcare · 2024 · 3yr hold
Aster
Software · 2024 · 3yr hold
Gestoos
AI/ML · 2023 · 6yr hold

Coverage notes

4 funds tracked, 44 portfolio companies (34 active · 10 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

4 funds
OneRagtime FPCI ParagonVC
2023 · 3yr€50M6 active

Unrealized

6 held
GrooverActive
TMTFrance· Entry 2024
HivenetActive
SoftwareFrance· Entry 2022
IndustrialsFrance· Entry 2018
TMTFrance· Entry 2023
PickmeActive
IndustrialsFrance· Entry 2022
PoliCloudActive
SoftwareFrance· Entry 2025
OneRagtime Rhapsody IIVC
2021 · 5yr€40M13 active · 2 realized

Unrealized

13 held
Buster.AiActive
SoftwareFrance· Entry 2022
ConsumerFrance· Entry 2020
ExactcureActive
HealthcareFrance· Entry 2019
HiveActive
SoftwareFrance· Entry 2022
SoftwareFrance· Entry 2020
MediumActive
TMTUS· Entry 2021
MiraliaActive
AI/MLFrance· Entry 2021
ConsumerFrance· Entry 2024
NaveeActive
SoftwareFrance· Entry 2021
SoftwareFrance· Entry 2024
ConsumerFrance· Entry 2022
StokelpActive
IndustrialsFrance· Entry 2023
YogoshaActive
SoftwareFrance· Entry 2019

Realized

2 exits
GloseExited 2021
TMTFrance· Entry 2018
Trade Saleto
SonioExited 2024
HealthcareFrance· Entry 2021
Trade Saleto
OneRagtime Fund IVC
2019 · 7yr€30M13 active · 1 realized

Unrealized

13 held
AntescofoActive
TMTFrance· Entry 2019
AvostartActive
SoftwareFrance· Entry 2022
BenefizActive
SoftwareFrance· Entry 2022
DiftActive
FinancialsFrance· Entry 2022
EstalyActive
FinancialsFrance· Entry 2024
HelloSafeActive
FinancialsFrance· Entry 2022
LoneScaleActive
SoftwareFrance· Entry 2021
MatchTuneActive
TMTFrance· Entry 2018
OnoffActive
TMTFrance· Entry 2018
SoftwareFrance· Entry 2018
ShotgunActive
ConsumerFrance· Entry 2022
EdTechFrance· Entry 2019
ZarActive
SoftwareFrance· Entry 2019

Realized

1 exit
MantraExited 2025
SoftwareFrance· Entry 2021
Trade Saleto
OneRagtime Rhapsody IVC
2017 · 9yr€30M2 active · 7 realized

Unrealized

2 held
TMTFrance· Entry 2017
Make.orgActive
TMTFrance· Entry 2017

Realized

7 exits
+SimpleExited 2022
FinancialsFrance· Entry 2017
Secondaryto
AsterExited 2024
SoftwareFrance· Entry 2021
Trade Saleto
GestoosExited 2023
AI/MLFrance· Entry 2017
Trade Saleto
LoopsiderExited 2023
TMTUnited Kingdom· Entry 2019
Trade Saleto
WoleetExited
FintechFrance· Entry 2019
WooniversExited 2023
FintechSpain· Entry 2019
Trade Saleto
ZenlyExited 2017
TMTFrance
Trade Saleto
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About OneRagtime

OneRagtime is a venture capital platform based in Paris with capital deployed across 7 active fund vehicles and a founding year of 2017. The firm targets European and selectively global technology companies across software, business services and consumer, with capital deployed across early-stage and Series A/B rounds alongside institutional limited partners.

Investment thesis

The platform deploys venture capital into software, business services and consumer categories with a focus on technology-enabled businesses across France and selectively across Europe. Investment focus spans seed and growth stages with capital deployed across multiple rounds per portfolio company, supporting founder teams through international scaling and selective M&A activity. The fund structure enables longer holding periods than typical venture vehicles, supporting category-leadership outcomes in technology platforms with global ambitions.

Recent activity

Recent realised exits include Mantra (TMT, 2025). The platform tracks 7 fund vehicles, 32 active portfolio companies and 1 realised exit across the strategy's history. Detailed buyer names and multiple data available on Pro at €29/month.

Last updated June 2026 · Sourced from public filings