Thierry Petit

Thierry Petit is a highly influential figure in the French tech ecosystem, primarily recognized as the Co-Founder and Co-Chief Executive Officer of Showroomprive.com, a prominent European online flash sales retailer. After successfully guiding Showroomprive to its initial public offering (IPO) in 2015, Petit transitioned into a significant role as an angel investor, leveraging his extensive entrepreneurial experience and capital to support the next generation of startups. His deep understanding of e-commerce and consumer behavior has made him a sought-after mentor and investor.

Petit's investment portfolio showcases a clear focus on early-stage companies, typically participating in Seed and Series A rounds. He primarily targets sectors such as e-commerce, consumer technology, SaaS, and digital services, often backing founders who are building disruptive solutions for the European market. His investment philosophy extends beyond mere capital, as he actively provides strategic guidance and connects portfolio companies with his vast network within the tech and retail industries. This hands-on approach is a key differentiator in his investment strategy.

Among his notable investments are several successful ventures that have achieved significant exits, including Leetchi, a popular online money pot service acquired by Crédit Mutuel Arkéa; Frichti, a food delivery service later acquired by Gorillas; and Cheerz, a photo printing service acquired by Cewe. These successes underscore his keen eye for identifying high-growth potential and scalable business models. As a prolific business angel, Thierry Petit has made over 30 investments and boasts 8 successful exits, demonstrating a strong track record in the competitive startup landscape.

As an active participant in the French startup scene, Thierry Petit typically writes first checks ranging from approximately $100,000 to $750,000. The precise amount depends on various factors, including the startup's stage, its capital requirements, and his level of conviction in the founding team and their business model. He often co-invests alongside institutional venture capital firms, playing a crucial role in providing the initial impetus for promising French tech companies.