Liberté, égalité, sororité: women in the French tech space

I naturally get excited when I come across a young entrepreneur. But, in the male-dominated tech environment, I get even more excited when that young entrepreneur is female. 

Here is a look at 3 French start-ups founded by 20-something-year-old ladies.

Leetchi (@Leetchiweb) 

The company is founded by 27-year-old Céline Lazorthes (@celinelazorthes) and is a platform that simplifies group purchases or payments. Leetchi is one of the first companies to receive funding from Jérémie Berrebi and Xavier Niel’s seed fund, Kima Ventures.

MonShowRoom (@monshowroom) 

MonShowRoom is a feminine fashion e-commerce platform founded by 20-something-year-olds Séverine Grégoire and Chloé Ramade. The company has received funding from Crédit Agricole Private Equity and Alven Capital.

E-citizen.com (@citizen_team)

26-year-old Alix Poulet is co-founder of the e-commerce platform that sells organic products. For all purchases, 5% is contributed to organizations like the WWF, PlaNet Finance and Handicap International without asking for an extra penny from the consumer.

Geeky in Pink.

In France, there are actually quite a few women in the tech space – and several lady networking groups to go along with it, including WiFilles and Paris Geek Girl Dinners.

Sister Cities: San Francisco and Paris

Now to top it all off, what if we brought San Francisco’s Girls in Tech to Paris? It would connect the Paris female tech scene with the rest of the GIT chapters and vice versa. Jackpot. So ladies, if you’re a girl in tech and you’d like to get involved, please let me know. Otherwise, stay tuned for more info…

The Truth: (Young) French VCs ARE on Twitter

In an earlier post, I applauded the French VCs that I found on Twitter. Turns out a majority of the French VC adoption of Twitter  is from the younger VC crowd. I’ve included them in my FrenchVC list on Twitter but here is a quick look at who they are.

Serena Capital

Has funded companies like Creads.org (@creads), Augure (@augurerepmgmt) and RSI Vidéo Technologies (@notontwitter). 

Young VCs from their firm on Twitter include: Marine Desbans (@mdesbans) and Jean-Baptiste Dumont (@jbdumont)

Ventech (@ventech_vc)

Ventech has a gorgeous portfolio and includes companies like Viadeo (@viadeo), Bonitasoft (@bonitasoft) and Awdio (@awdio_usa).

The just launched their official Twitter account last week – the same time as they announced their investment in London-based Muzicall (@muzicall).

Their young VC: Mounia Rkha (@moumsinette)

Alven Capital

Another VC firm with a very impressive portfolio, including MyFab (@myfabfr), Companeo (@companeo), MobileTag (@mobiletag) and more.

Their young VC on Twitter is: Jeremy Uzan (@jeremyuzan) 

Elaia Partners (@Elaia_Partners)

The only other firm with an official account, as far as I know. Another very nice portfolio, with investments in Criteo (@criteo), Goojet (@goojet) and WyPlay (@Wyplay). 

The account is run by their young VC, Samantha Jérusalmy.

**Feel free to let me know if I’ve left anyone out.

Why am I applauding these guys?

I think they’re definitely leading the way in terms of new technology adoption and are changing the face of the stereotypical, traditional VC. Also, as many of the new media-related products are oriented towards a younger crowd, having a younger VC on the team works nicely as they can also play the role of a beta tester. It’s nice to see that French VC firms are not only realizing the benefit, but actually implementing a mélange of the age-range.

Who is still MIA?

If I’m not mistaken, most of the bigger more well-known French VC firms are still nowhere to be seen! Sofinnova, Innovacom, Partech and the likes…

The Truth: French VCs ARE on Twitter

One of my first posts was called “France, Meet Twitter” where I happened to very slightly criticize French VCs for their absence on Twitter.

Well, I take it back.

I discovered some very high-profile French VCs on Twitter, namely Guillaume Lautour (@G_Lautour) of AGF Private Equity. Even though I haven’t come across the Twitter accounts of anyone from Partech International, Sofinnova or Innovacom, it’s nice to see that there are French VCs making the move. Still, after the Founder’s Club event I went to on January 26th, only 2 of the 7 VCs I met had Twitter accounts (either personal accounts or accounts for their firm).

But wait, there is another pleasant surprise: the young VC.

Now here is where I get really impressed. There seems to be a younger generation of VCs in France and this generation is definitely active on Twitter. I’ve stumbled on youngsters from 360 Capital Partners, Alven Capital and Ventech for the moment, and I’m sure there are more to come.

So we can trash 2 stereotypes.

First, of the French financial services sector being over hierarchical and second, of there being no French VCs on Twitter.

Check out my French VCs list on Twitter and feel free to make suggestions for VCs to include.