Eurazeo, a major player in the tech sector for over 20 years, has taken part in all large fundraising transactions by French Tech companies since the start of 2022 (Qonto, Payfit, Ankorstore and Backmarket), thereby confirming its status as a leading private investor in the French Tech industry.
With almost €6 billion of assets under management in Tech focused strategies, Eurazeo has supported many companies in segments including SaaS (Payfit, Contentsquare, Dataiku, Devo and Doctolib), fintech (Qonto, Younited Credit, Wefox, Tink and Thought Machine), marketplaces (BackMarket, Ankorstore and Vestiaire Collective), and has established itself as the preferred partner for entrepreneurs. Today, the Group has investments in 11 of France’s 26 unicorns and in 24 of the Next 40’s constituent companies.
Tech is strategically crucial for Eurazeo, which helps the best entrepreneurs in France and Europe to develop innovative, high-performance business models. The success of Eurazeo’s fundraising transactions, the largest in Europe at €1.6 billion, shows the extent to which investors trust the expertise of our team and the quality of our strategy.
The tech sector in Europe and more specifically in France, is currently very buoyant due to the success of fast-growing companies that have a proven track record of disrupting their industries. The sector also benefits from public-sector support, the examples set by IPOs of European unicorns, and a world-leading educational system that fosters the best entrepreneurs. The challenge over the next few years is to support these European companies on their journey to becoming world leaders with the support of major European tech investors, allowing our continent to maintain its technological sovereignty. This is Eurazeo’s mission and ambition.