About Alven
Alven is a venture capital firm founded in 2000. It is primarily based out of Paris, France. As of Apr 2026, Alven is an active investor, having invested in 168 companies, with 5 new investments in the last 12 months. It primarily invests in Series A round in France based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Series A round of Generare Overall, Alven portfolio has seen 5 unicorns, 2 IPOs and 54 acquisitions including key companies like Qonto, Algolia and Birchbox. A lot of funds co-invest with Alven, with names like Kima Ventures sharing a substantial percentage of its portfolio. Alven has team of 8 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 6 more
Portfolio IPOs
Portfolio Unicorns
Alven's List of Top Investments
Alven has a portfolio of 168 companies, including 5 unicorns. Their most notable investments are in Skynopy and Captain Train.Their portfolio spans across France, United States, Germany and 10 more locations. They have invested in Enterprise Applications, High Tech, Retail and 29 other sectors, across stages such as Series A, Seed and 6 more. Here is the list of top investments by Alven:1. Stripe
Provider of financial infrastructure solutions for revenue growth and payment processing. It offers tools designed for individual or combined use to grow businesses. These tools enable payment acceptance and optimisation globally, both online and in person. The company facilitates various billing models and provides access to borderless money movement. It also offers resources for startups and platforms to build and scale their operations.
Key facts about Stripe
- Founded Year: 2010
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series I
- Total Funding till date: $9.81B
- Employee Count: 15,464 as on May 31, 2026
- Investors: Glynn Capital, TrueBridge and 129 Others
- Latest Funding Round: Series I, Apr 08, 2024, $*****
- Highlight: Editors' Pick
2. Qonto
Provider of business account, payment cards, and financial management solutions. The company offers tools for customer and supplier invoicing, team expense management, and accounting and bookkeeping. It provides integrations to boost productivity, along with resources such as a resource hub, blog, and finance glossary. The company also provides payment terminals and payment links.
Key facts about Qonto
- Founded Year: 2017
- Location: Paris (France)
- Annual Revenue: €100M - €500M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $717M
- Employee Count: 2,317 as on Apr 30, 2026
- Investors: TCV, DST Global and 26 Others
- Latest Funding Round: Series D, Apr 21, 2022, $*****
- Highlight: Editors' Pick
3. Algolia
Developer of software for artificial intelligence search and retrieval systems. This technology enables the integration of keyword and vector search capabilities into digital applications. The platform provides tools for building conversational interfaces, managing data indexing, and deploying automated agents. It supports data enrichment and transformation processes to improve information relevance. Developers utilize these components to implement search functionality, recommendations, and personalized user experiences across various digital environments. The infrastructure facilitates the processing of queries to deliver results based on user intent and behavioral patterns.
Key facts about Algolia
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $335M
- Employee Count: 862 as on May 31, 2026
- Investors: Sprout Capital Partners, Glynn Capital and 45 Others
- Latest Funding Round: Series D, Jul 28, 2021, $*****
- Highlight: Editors' Pick
4. Birchbox
Online subscription service for beauty products. Its catalog includes items from across categories such as makeup, haircare fragrance, skincare, etc for men and women.
Key facts about Birchbox
- Founded Year: 2010
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $102M
- Employee Count: 200 - 499 as on Mar 01, 2026
- Investors: Glynn Capital, Harrison Metal and 26 Others
- Latest Funding Round: Series B, Apr 15, 2021, $*****
- Highlight: Acquired
5. Stoïk
Provider of cyber insurance coverage and cybersecurity risk management solutions. The company offers insurance coverage designed to transfer risk and provide compensation following incidents. It provides a prevention platform and support from cybersecurity experts. The company’s solution is designed for insurance brokers, offering online underwriting and claims management.
Key facts about Stoïk
- Founded Year: 2021
- Location: Paris (France)
- Stage: Series C
- Total Funding till date: $77.2M
- Employee Count: 181 as on May 31, 2026
- Investors: Andreessen Horowitz, Munich Re Ventures and 12 Others
- Latest Funding Round: Series C, Jan 20, 2026, $*****
- Highlight: Editors' Pick
Alven's Year-on-Year Investment Trends
Alven has invested in 168 companies over the last 22 years, with an average of 7 new investments annually in the last 10 years. In 2025, it made 11 investments, while as of Apr 2026, it has made 7 investments in this year. Its most recent first time investment was in Generare and most recent follow-on round was in Kestra.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 4 | 7 |
2025 | 8 | 3 | 11 |
2024 | 5 | 6 | 11 |
2023 | 6 | 2 | 8 |
2022 | 10 | 13 | 23 |
2021 | 5 | 8 | 13 |
2020 | 5 | 7 | 12 |
2019 | 8 | 10 | 18 |
2018 | 9 | 10 | 19 |
2017 | 13 | 7 | 20 |
Alven's Investments by Stage
Alven has made 66 investments in Series A stage with an average round size of $9M, 57 investments in Seed stage with an average round size of $5.24M and 9 investments in Series B stage with an average round size of $16M.Stage of entry | No. of Investments |
|---|---|
Series A | 66 |
Seed | 57 |
Series B | 9 |
Series C | 3 |
PE | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Alven's Investments by Sector
Alven has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, Enterprise Infrastructure and High Tech. Notably, it has invested in 142 Tech companies, 108 Enterprise (B2B) companies, 85 Software companies and at least 56 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 76 |
Consumer | 35 |
Retail | 26 |
Enterprise Infrastructure | 19 |
High Tech | 18 |
Others | 132 |
Note: We have considered here, only first round of investments
Alven's Investments by Geography
Alven has made most investments in France (94), followed by United States where it has made 30 investments.Country | No. of Investments |
|---|---|
France | 94 |
United States | 30 |
Germany | 3 |
Switzerland | 3 |
United Kingdom | 3 |
Others | 8 |
Note: We have considered here, only first round of investments
Alven's recent investments
Alven has made 7 investments in 2026 so far. Generare and Kestra are the latest among them.Here are the most recent investments by Alven:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 02, 2026 | France | Series A | 2405 | [+3] | |
Mar 31, 2026 | France | Series A | 9291 | [+2] | |
Mar 31, 2026 | United States | Series B | 7074 | [+4] | |
Mar 12, 2026 | United Kingdom | Series B | 6430 | [+5] | |
Feb 24, 2026 | France | Series A | 1519 | [+5] |
Unicorns in Alven's Portfolio
Alven has 5 unicorns in its portfolio - Qonto, Ankorstore, Algolia and others. The most recent unicorn in their portfolio is Qonto. It became a unicorn in 2022, 4 years after Alven first invested in it.Here is a list of unicorns in Alven's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
82 | Provider of business account, payment cards, and financial management solutions | 2017 | Paris | Series D | buynfkf | ||
57 | Online B2B marketplace platform for multi-category products | 2019 | Paris | Series C | zgiisr{ | ||
72 | Developer of software for artificial intelligence search and retrieval systems | 2012 | San Francisco | Series D | hbvtekt | ||
65 | Provider of a platform for end-to-end enterprise AI and analytics | 2013 | New York | Series F | nevtq{v | ||
51 | Provider of AI-powered solutions for visual enhancement and content creation | 2016 | Paris | Series C | bohbebe |
IPOs and Publicly Listed companies in Alven's Portfolio
2 of Alven's portfolio companies have become public. AdUX got listed on the Euronext Exchange (Euronext), in Sep 2020 at marketcap of $9.73M and HTG Molecular Diagnostics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $94.3M.Here are Alven's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 04, 2020 | - | - | 8529 | |
May 08, 2015 | Jan 28, 2018 | Post IPO | 1223 |
Acquired companies in Alven's Portfolio
54 companies from Alven's portfolio have been acquired. The most recent acquisition was happn in Sep 2025 by Hello Group for $*****.Here are Alven's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 19, 2025 | 2013 | Seed | 8879 | |
Aug 25, 2025 | 2015 | Seed | 8522 | |
Aug 04, 2025 | Sep 14, 2015 | Seed | 9323 | |
Mar 05, 2024 | Oct 25, 2022 | Seed | 4537 | |
Aug 24, 2023 | - | - | 8578 |
Team profile of Alven
Alven has a team of 8 members including 4 Partners located in France. Alven's team does not sit on the board of any company as of now.Here is a list of all team members in Alven:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Paris | - | ||
Partner | Paris | - | ||
Partner | Paris | - | ||
Partner | France | - | - |
Co-investors of Alven
Over the past 22 years, 722 investors have co-invested in Alven's portfolio companies. This includes funds and angels.
- Invested before Alven: Kima Ventures, Y Combinator and 182 others have invested in rounds before Alven. There are 12 companies where Kima Ventures has invested before Alven and 5 companies where Y Combinator has invested before Alven.
- Top Co-investors of Alven: 266 investors entered a company along with Alven. These include investors like Kima Ventures (11 companies).
- Invested after Alven: A total of 272 investors have invested in Alven's portfolio after their investments. Top Investors include Eurazeo (9 companies), Idinvest Partners (7 companies) and Bpifrance (7 companies).
Recent News related to Alven
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Attention Raises $30M Series B to Build AI System for Revenue TeamsGlobeNewswire•Jun 23, 2026•RTP Global, Attention, Aglae Ventures, Alven and 1 other
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Kestra Raises $25 Million Series A Funding RoundCNW•Mar 31, 2026•Kestra, Axeleo Capital, Alven, RTP Global and 1 other
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Stable Money Founders' Stake Falls to 30% After Pre-Series C RoundEntrackr•Mar 17, 2026•Z47, Peak XV Partners, Stable Money, Fundamentum and 4 others
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Cryptio Secures $45 Million to Fix Digital Asset AccountingPYMNTS.com•Mar 13, 2026•Sentinel Global, BlackFin, Cryptio, Societe Generale and 8 others
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With high-protein nutrition now mainstream, Lyon’s Verley raises €32 million to expand productionEU-Startups•Feb 24, 2026•Sparkfood, Founders Future, Alven, Sofinnova Investments and 1 other
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Verley Milks $38M in Funding for US Launch of Functional Animal-Free Whey ProteinsGreen Queen•Feb 24, 2026•Verley, Sparkfood, Bpifrance, Blast.Club and 2 others
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Symbiotic Security Raises $10M in Seed FundingFinSMEs•Jan 27, 2026•Symbiotic Security, Factorial, Axeleo Capital, Alven and 2 others
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Stoïk raises 20 million in Series C round and incorporates Veyrat family as new investorPressDigital•Jan 20, 2026•Stoïk, Opera Tech Ventures, Impala, Alven and 2 others
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Neural Concept Secures $100M to Revolutionize Product Engineering with AI-Powered CAD SoftwareSiliconAngle•Dec 19, 2025•NeuralConcept, Goldman Sachs, Housing Trust Group, HTGF and 5 others
