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Evolem Start

Europe, Rhone-Alpes, France, Lyon

Description

Evolem Start is the dedicated early-stage investment arm of Evolem, a prominent French family office based in Lyon. With a substantial €800 million ($864 million, assuming 1 EUR = 1.08 USD) under management across its various activities, Evolem leverages its financial strength to support promising startups. Evolem Start specifically focuses on the vibrant French entrepreneurial ecosystem, committing its capital exclusively to companies operating within France. This localized approach allows for deep engagement with the founders and a thorough understanding of the domestic market dynamics.

As a sector-agnostic investor, Evolem Start demonstrates a broad interest in innovative businesses across diverse industries, from technology and software to consumer goods and industrial solutions. Their primary investment focus is on Seed and Series A stage companies, aiming to provide crucial early capital that enables startups to validate their models, achieve product-market fit, and scale their operations. Typical initial investment cheques range from €100,000 ($108,000) to €1,000,000 ($1,080,000), positioning them as a key player for nascent French ventures seeking their first significant institutional funding.

Beyond the initial investment, Evolem Start is committed to long-term partnerships with its portfolio companies. They possess the capacity for substantial follow-on investments, potentially deploying up to €3 million to €5 million per company throughout its growth trajectory. This patient capital approach, characteristic of family offices, provides founders with stability and the resources needed to navigate the challenges of scaling. Evolem Start's philosophy emphasizes not just financial backing but also strategic guidance, leveraging the broader Evolem group's extensive experience in business development and operational excellence to foster the success of its portfolio.

Investor Profile

Evolem Start has backed more than 74 startups, with 5 new investments in the last 12 months alone. The firm has led 16 rounds, about 22% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in France, Senegal, United States.
  • Strong thematic focus on Software, Information Technology, SaaS.
  • Typical check size: $108K – $1.1M.

Stage Focus

  • Seed (55%)
  • Series A (23%)
  • Series Unknown (9%)
  • Pre Seed (7%)
  • Series B (5%)

Country Focus

  • France (93%)
  • Senegal (3%)
  • United States (1%)
  • Italy (1%)
  • Côte d'Ivoire (1%)

Industry Focus

  • Software
  • Information Technology
  • Saas
  • Insurance
  • Artificial Intelligence (Ai)
  • Human Resources
  • Retail
  • Fintech
  • Real Estate
  • Analytics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Evolem Start frequently co-invest with?

Speedinvest
Europe, Wien, Austria, Vienna
Co-Investments: 4
Isai
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Truffle Capital
Europe, Ile-de-France, France, Paris
Co-Investments: 5
AFI Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Ring Capital
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Axeleo Capital
Europe, Rhone-Alpes, France, Lyon
Co-Investments: 4
Orange Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 3
H
Europe, Rhone-Alpes, France, Lyon
Co-Investments: 6
Kima Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 11
Newfund
Europe, Ile-de-France, France, Paris
Co-Investments: 6

Which angels does Evolem Start often collaborate with?

EB
Europe, Ile-de-France, France, Paris
Shared Deals: 1
DV
Europe, Ile-de-France, France, Paris
Shared Deals: 2
AW
Europe, Berlin, Germany, Berlin
Shared Deals: 1
AW
Europe, Ile-de-France, France, Paris
Shared Deals: 2
XN
Europe, Ile-de-France, France, Paris
Shared Deals: 2
TE
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 2
AF
Europe, Ile-de-France, France, Paris
Shared Deals: 2
JP
Europe, Rhone-Alpes, France, Lyon
Shared Deals: 2
SR
Europe, Bayern, Germany, Munich
Shared Deals: 1
FH
Europe, England, United Kingdom, London
Shared Deals: 2

What are some of recent deals done by Evolem Start?

Fungu'it

Dijon, Bourgogne, France

A new generation of flavor ingredients for healthy, sustainable, and accessible food.

SeedJun 17, 2025
Amount Raised: $4,627,000
Sirius NeoSight

Lyon, Rhone-Alpes, France

Sirius NeoSight is a biotech and pharmaceutical company that detects subclinical neo-cancers and provide treatment for it.

BiopharmaBiotechnologyHealth Care
SeedFeb 4, 2025
Amount Raised: $4,563,605
JOBO Interim

Abidjan, Lagunes, Côte d'Ivoire

JOBO Interim is a staffing agency that recruits employees and provides employment through digital access.

EmploymentRecruitingStaffing Agency
SeedDec 18, 2024
Amount Raised: $2,000,000
Oplit

Paris, Ile-de-France, France

Oplit is a production planning platform that provides software and support to help industrials boost operations profitability.

Developer PlatformSoftware
SeedNov 26, 2024
Socium

Dakar, Dakar, Senegal

Socium is an HR-tech company that provides performance monitoring, payroll, and hiring services.

Customer ServiceHuman ResourcesInformation Technology
SeedNov 19, 2024
Amount Raised: $5,000,000
NectarGo

Lille, Nord-Pas-de-Calais, France

NectarGo is a platform that connects local traders and producers.

AgricultureLogisticsSupply Chain Management
SeedJun 18, 2024
Amount Raised: $1,932,975
Kolus

Lyon, Rhone-Alpes, France

Kolus is a company that specialized in offering visual assistance technologies for customer support operations across a variety of sectors.

VideoVirtual Assistant
SeedJun 5, 2024
Amount Raised: $652,438
Sopht

Villeurbanne, Rhone-Alpes, France

Sopht is an Environmental Services company that allows organizations to pilot their environmental impact and automate their decarbonation.

Environmental ConsultingSimulationSoftware
SeedJun 4, 2024
Amount Raised: $3,590,961
Abraxio

Lyon, Rhone-Alpes, France

Abraxio is a collaborative platform for the management and piloting of IT departments of SMEs.

Information TechnologySoftware
SeedApr 17, 2024
Amount Raised: $2,133,827
Kor

Paris, Ile-de-France, France

Kor is a company that offers both a personalized check-up and the resulting action plan for achieving maximum health.

Health CareHospitalMedicalWellness
SeedApr 3, 2024
Amount Raised: $3,793,347