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VC FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 15 SOURCES

ISAI

Also known as ISAI Gestion, ISAI Venture, ISAI Expansion

Paris tech investor co-founded in 2009 by tech entrepreneurs; runs early-stage VC, corporate VC (with Capgemini and Bouygues), tech growth/buyout and growth-lending funds.

HEADQUARTERS
Paris, France
FOUNDED
2009
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
12 people

Focus

STAGES
Pre-SeedSeedSeries ASeries BGrowthBuyout
SECTORS
Software & SaaSArtificial IntelligenceFintechConsumer & E-commerceIndustrial & Manufacturing
ASSET MIX
Venture capitalPrivate equityPrivate credit
GEOGRAPHY
FranceEuropeUnited States

Overview

ISAI was co-founded in 2009 by tech entrepreneurs including Pierre Kosciusko-Morizet, Geoffroy Roux de Bezieux, Stéphane Treppoz, Ouriel Ohayon, Christophe Raynaud and Jean-David Chamboredon, and says it gathers nearly 500 entrepreneur LPs alongside institutional investors. It runs four strategies: early-stage venture (ISAI Venture), corporate venture funds with Capgemini and Bouygues, tech growth and buyout (ISAI Expansion) and growth lending. Early investments include BlaBlaCar, Malt, 360Learning, Alma and Flowdesk.

PORTFOLIO (15)

  • BlaBlaCarNOTABLE
    Mobility & Logistics
  • MaltNOTABLE
    Software & SaaS
  • 360LearningNOTABLE
    Education
  • Alma
    Fintech
  • Flowdesk
    Crypto & Web3
  • DataDome
    Software & SaaS
  • Koyeb
    Software & SaaS
  • Wecasa
    Consumer & E-commerce
  • Alation
    Software & SaaS
  • Pasqal
    Deep Tech
  • Liquid AI
    Artificial Intelligence
  • APL Data Center
    Industrial & Manufacturing · since 2026
  • ProcurePro
    Software & SaaS
  • HomeExchange
    Consumer & E-commerce · since 2021 · Exited
  • Theodo
    Software & SaaS

People

  • Jean-David Chamboredon
    Executive Chairman and co-founder · source
  • Pierre Martini
    Managing Partner, ISAI Expansion · source
  • Caroline Gibert
    Director of Investor Relations and ESG · source
  • Christophe Poupinel
    General Partner, ISAI Expansion · source
  • Aude Lapillonne
    Partner, ISAI Expansion · source
  • Christophe Raynaud
    Co-founder; venture capital team · source
  • Paul Strachman
    ISAI NYC · source
  • Jean-Patrice Anciaux
    Venture capital team · source
  • François Collet
    Venture capital team · source
  • Pierre Cousin
    Growth lending team · source
  • Sébastien Ritter
    Growth lending team · source
  • Pierre Dumas
    Growth & buyout team · source

Links

Frequently asked questions

ISAI is a VC fund based in Paris, France, founded in 2009.

Yes. ISAI invests its own capital in private companies.

ISAI invests at Pre-Seed, Seed, Series A, Series B, Growth and Buyout stages in Software & SaaS, Artificial Intelligence, Fintech, Consumer & E-commerce and Industrial & Manufacturing.

ISAI's stated ticket size is €100K–€3M.

Key people at ISAI include Jean-David Chamboredon (Executive Chairman and co-founder), Pierre Martini (Managing Partner, ISAI Expansion), Caroline Gibert (Director of Investor Relations and ESG) and Christophe Poupinel (General Partner, ISAI Expansion).

ISAI's investments include BlaBlaCar, Malt, 360Learning, Alma, Flowdesk, DataDome, Koyeb and Wecasa, among others.

The most recent publicly reported investment by ISAI is APL Data Center (Minority stake (ISAI Expansion, alongside CAPZA)), announced in Apr 2026.

Yes. ISAI manages capital from outside investors.