About This Fund
Partech Venture is the successor fund of PIV VII. Partech Venture will invest across four key themes: Application Software, Deep Tech Software (Data & AI Infrastructure, Cybersecurity, DevOps), B2B & B2B2C Vertical Platforms and Fintech & Insurtech Applications. The thesis and ambitions remain the same; leading investment in 22 to 24 Series A / Series B stage European companies which have from €1 to €10M recurring revenue. With its venture strategy, Partech has backed global category leaders including: - ABTasty (AI-driven customer experience optimization platform), - Agicap (Cash-flow monitoring & forecasting platform), - Akeneo (Product Information Management & Product Data Intelligence software), - Bitrise (Mobile DevOps Software platform), - Compte Nickel – acquired by BNP Paribas – (The first Phygital Neobank), - Fresha (Vertical ERP for the beauty industry), - Guardicore – acquired by Akamai – (Micro-segmentation and workload protection solutions for datacenters), - Kantox – acquired by BNP Paribas - (FX risk management automation software), - ManoMano (B2C and B2B vertical DIY marketplace), - Medigate – acquired by Claroty – (Cybersecurity platform for medical devices), - Memfault (IoT reliability platform), - Odaseva (Data governance & security platform), - Papernest (Smart solution to manage contracts and subscriptions), - Platform.sh (Global DevOps infrastructure platform), - Shippeo (Supply-chain real-time visibility platform). As of Dec. 2023, and since the end of 2021, Partech has realized 11 exits generating at least a 3x multiple on invested capital, including 6 from the venture portfolio, with 5 exits above 5x. LPs include the likes of Allianz France, BNP Paribas, Bpifrance, CDP Venture Capital, Edenred, FDJ Ventures, JCDHolding, and Lombard Odier Investment Managers.