Investor Type | Firm |
Type of Fund | Other |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) |
Investing | France |
Access2net is a venture capital firm that was established in February 2000 and is headquartered in Paris, France. With a distinct focus on the software, information technology, and e-commerce sectors within Europe, they predominantly concentrate their investment endeavors on projects in France. The firm operates as a specialized first-round investor primarily targeting enterprise software publishers and digital service companies. Access2net executes its growth strategy along two main axes: direct investment in companies that adhere to its investment criteria, and the contribution of already constituted portfolios, providing complementary and synergistic advantages to its own investment strategy. Initially spurred into creation by individual shareholders with a tech background and a capital of 10 million euros, the company has since been majority-owned by Fondinvest since December 24, 2007. The firm has accumulated significant knowledge and reputation in early-stage information technology financing, with a focus on Software as a Service (SaaS). Access2net's investment policy is characterized by several key points: prioritizing software editors with a business orientation, secondary attention to digital service enterprises (ESN), acquiring minority but significant capital shares in the initial rounds of financing, and investing an average of 300,000 euros in software editors. Additionally, Access2net, through its subsidiary ADC, focuses on seed investments averaging 50,000 euros in ESN. The firm adopts a specific investment approach targeting companies with strong entrepreneurial teams, efficient and cautious financial management, potential for rapid growth to significant size while maintaining profitability, and valuation levels that suggest the possibility of substantial capital gains. Independent of financial market trends, Access2net acts as an active shareholder, cultivating close relationships with entrepreneurs to enhance the management of its portfolio companies, implementing formal monitoring procedures, demanding monthly reporting from its investments, and engaging in regular discussions about company operations and strategic directions. Direct interventions may include support in capital operations, fundraising and financing, overseeing mergers, setting up commercial partnerships, advising on cost control measures, and key recruitment. Access2net has proven its success with several SaaS ventures in the financial software space, such as Finance Active, Sidetrade, beqom, and security software firm WALLIX, as well as other sectors including IT consulting and specialized management solutions for various industries.