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NewAlpha Asset Management VC

Europe, Ile-de-France, France, Paris

Description

NewAlpha Asset Management is a prominent independent asset manager based in Paris, France, specializing in venture capital investments within the burgeoning FinTech and InsurTech sectors. Established as a pioneer in this niche, NewAlpha primarily targets innovative entrepreneurial projects across Europe and North America, including key markets like France, the UK, Germany, and Canada. Their strategic focus is on identifying and nurturing companies that offer disruptive solutions to financial institutions or their clientele, aiming to capitalize on the digital transformation of the financial industry.

Since its initial foray into FinTech investments in 2015, NewAlpha has built a robust portfolio, having invested in over 20 FinTech companies. This extensive experience has allowed them to develop a unique expertise in the early-stage financial technology landscape. The firm manages dedicated FinTech VC funds, including the NewAlpha FinTech VC Fund II, which was launched in 2021 with a target size of €150 million (approximately $162 million USD). These funds are designed to support companies from their nascent stages through significant growth phases.

NewAlpha's investment strategy typically involves participating in Seed to Series B funding rounds. They are known for providing initial capital commitments ranging from €1 million to €5 million. Converted to US dollars, this translates to initial check sizes between approximately $1.08 million and $5.4 million. Beyond the initial investment, NewAlpha is committed to supporting its portfolio companies through subsequent funding rounds, often participating in follow-on investments to facilitate their continued expansion and market penetration.

Their portfolio boasts several high-profile successes, including companies like Lydia, October, Lemonway, and Younited Credit, demonstrating their ability to pick promising ventures that achieve significant scale. NewAlpha's deep industry knowledge and extensive network within the financial services ecosystem position them as a valuable partner for early-stage FinTech and InsurTech innovators seeking not just capital, but also strategic guidance and access to key industry players.

Investor Profile

NewAlpha Asset Management VC has backed more than 31 startups, with 1 new investments in the last 12 months alone. The firm has led 16 rounds, about 52% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
  • Majority of deals are located in France, Luxembourg, United Kingdom.
  • Strong thematic focus on FinTech, Financial Services, Software.
  • Typical check size: $1.1M – $5.4M.

Stage Focus

  • Series A (35%)
  • Series B (26%)
  • Series Unknown (26%)
  • Seed (10%)
  • Convertible Note (3%)

Country Focus

  • France (71%)
  • Luxembourg (6%)
  • United Kingdom (6%)
  • United States (3%)
  • Belgium (3%)
  • Germany (3%)
  • Canada (3%)
  • Austria (3%)

Industry Focus

  • Fintech
  • Financial Services
  • Software
  • Information Technology
  • Insurance
  • Artificial Intelligence (Ai)
  • Finance
  • Saas
  • Analytics
  • Payments
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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 NewAlpha Asset Management VC frequently co-invest with?

The Carlyle Group
North America, District of Columbia, United States, Washington
Co-Investments: 2
AG2R La Mondiale
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Expon Capital
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 2
Alma Mundi Ventures
Europe, Madrid, Spain, Madrid
Co-Investments: 2
SX
Europe, Schaan, Liechtenstein, Schaan
Co-Investments: 3
Volta Ventures
Europe, Oost-Vlaanderen, Belgium, Gent
Co-Investments: 2
CapHorn Invest
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Crédit Mutuel Innovation
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Bpifrance
Europe, Ile-de-France, France, Maisons-alfort
Co-Investments: 4
Oddo & Cie
Europe, Zurich, Switzerland, Zürich
Co-Investments: 2

Which angels does NewAlpha Asset Management VC often collaborate with?

GD
Europe, Berlin, Germany, Berlin
Shared Deals: 1
CC
Europe, Ile-de-France, France, Paris
Shared Deals: 1
AW
Europe, Ile-de-France, France, Paris
Shared Deals: 1
HL
Europe, Hovedstaden, Denmark, Copenhagen
Shared Deals: 1
PA
Europe, Ile-de-France, France, Paris
Shared Deals: 1
DR
Europe, Ile-de-France, France, Paris
Shared Deals: 1
JP
Europe, France
Shared Deals: 1
TS
Europe, Berlin, Germany, Berlin
Shared Deals: 1
AC
Europe, Nordrhein-Westfalen, Germany, Cologne
Shared Deals: 1
AP
Europe, Ile-de-France, France, Paris
Shared Deals: 1

What are some of recent deals done by NewAlpha Asset Management VC?

Jove Insurance

London, England, United Kingdom

Jove is an insurtech company to provide flexible bundled insurance for contractors and freelancers

Auto InsuranceHealth CareInsurance
SeedNov 29, 2024
Amount Raised: $4,456,197
Supervizor

Paris, Ile-de-France, France

Supervizor is a plug and play anomaly detection software for your financials.

AccountingInformation TechnologySoftware
Series AMay 28, 2024
Amount Raised: $21,702,590
Cozero

Berlin, Berlin, Germany

Cozero‘s SaaS empowers companies to decarbonize and boost their business performance.

Digital MediaEnterprise SoftwareLogisticsManufacturingPrinting
Series AApr 16, 2024
Amount Raised: $6,903,708
Obat

Nantes, Pays de la Loire, France

Obat develops SaaS software for contractors and the self-employed for invoicing.

Information TechnologyIT InfrastructureSoftwareSoftware Engineering
Series ANov 15, 2023
Amount Raised: $13,025,441
Next Gate Tech

Luxembourg, Luxembourg, Luxembourg

Next Gate Tech is Shaping the Future of the Fund Industry Technology

FinTechInformation TechnologySaaSSoftware
Series UnknownApr 12, 2023
Amount Raised: $8,797,918
SESAMm

Paris, Ile-de-France, France

SESAMm is a fintech company that specializes in big data and artificial intelligence for investment.

AnalyticsArtificial Intelligence (AI)Asset ManagementData VisualizationFinanceFinTechImpact InvestingMachine LearningPredictive AnalyticsSustainability
Series BMar 1, 2023
Amount Raised: $37,339,626
GarantMe

Paris, Ile-de-France, France

GarantMe is a joint-stock company.

Insurance
Series BJan 31, 2023
Amount Raised: $16,291,014
Neat

Bordeaux, Aquitaine, France

Neat is an InsurTech startup that provides retailers with embedded insurance solutions.

Financial ServicesInsurance
SeedOct 21, 2022
Amount Raised: $9,860,601
Lizy

Ixelles, Brussels Hoofdstedelijk Gewest, Belgium

LIZY, Save on leasing today with an all-in lease.

Service Industry
Series AOct 7, 2022
Amount Raised: $8,278,210
Jove Insurance

London, England, United Kingdom

Jove is an insurtech company to provide flexible bundled insurance for contractors and freelancers

Auto InsuranceHealth CareInsurance
Convertible NoteJul 1, 2022
Amount Raised: $1,572,316