Partech closes its fourth Seed fund, Partech Entrepreneur IV, at €120M, to back entrepreneurs from Day 1

Paris, Berlin, San Francisco, Dakar, December 5, 2022. Partech, the global technology investment firm, has announced the closing of Partech Entrepreneur IV, its fourth Seed fund, at its €120M hard cap. The oversubscribed fund has seen support from leading financial institutions, multinational corporations, family offices and 100 entrepreneurs – of which 35 were themselves funded by Partech in the past.

Partech Entrepreneur IV will back around 50 founding teams in Europe and across the globe, at pre-seed and seed stage. Thanks to a flexible and collaborative model, it can invest as a lead investor or co-investor, with initial checks from €300K to €3M, and typically reinvest until Series B.

The Seed strategy at Partech is managed by a dedicated team of former entrepreneurs from Europe and the US. The team is not limiting itself to specific industries, markets or models: “We are convinced that spotting the future leaders of new emerging categories often requires a broad scope, and a genuine open-mindedness towards what the most talented Founders come up with” explains Romain Lavault, General Partner at Partech. With its past Seed funds, Partech backed a range of iconic companies such as Alan, the health insurance & superapp, Sorare, the NFT fantasy sport gaming platform, Jellysmack, the technology platform for creators, Xendit, the digital payment infrastructure for South-East Asia, or Merama, the leading e-commerce aggregator in Latin America.

The Partech Seed team combines the expertise, support and commitment of an independent Seed fund, with the benefits of the larger Partech platform, allowing them to offer Founders and their teams unmatched resources, reach and perspective. At the core of the Partech Seed team’s DNA is the deep, hands-on expertise they offer to founders as they grapple with the existential challenges they face when bringing their idea to life and preparing for the journey ahead. “Backing and working with exceptional founders from the very beginning of their journey is the shared passion – and only focus – of our team.” says Boris Golden, General Partner at Partech. “It is, in our experience, a unique craft, requiring stage-specific expertise, commitment and mindset.”

The anonymous satisfaction survey that is run yearly is quantitative evidence of the rave reviews received from Partech’s community of Founders, with an NPS of 93. Another remarkable testimony is that 80% of the Founders of the Seed portfolio companies with a sizable exit (full or partial) have invested their personal money into the new fund.

About Partech

Born in San Francisco and Paris, Partech is one of the most active tech investors in the world, bringing together capital, operational experience, and strategic support for entrepreneurs at seed, venture and growth stages. The current portfolio includes 210 companies in 40 countries. 

For media inquiries:

Isabelle Tresson: +33 7 86 08 85 85 itresson@partechpartners.com