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The Venture Codex

199 ventures

Paris, Île-de-France, France

Overview

199 Ventures is a venture capital firm focusing on the seed-stage investments in startups and SMEs

Total investments
2
Lead investments
0
Investments · 12mo
2
Active investors
1

Sector focus

  • Impact Investing
  • Venture Capital
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Investment portfolio

  • Panora

    Participated · Seed · Jul 2026

    Panora offers an AI software platform that automates repetitive broker tasks such as document collection, quoting, compliance and commission reconciliation. The infrastructure is model-agnostic, supports multiple AI models, and includes traceable, auditable workflows along with firm-level data encryption and carrier-specific logic to meet regulatory requirements. The company developed its product after conducting over 200 hours of interviews with brokers and launched commercially three months before the article. After launch it signed 40 broker clients, including several large industry firms, international brokers and insurers. Panora plans to use its new seed funding to grow its technical team, deepen portal integrations, improve AI agent reliability and expand into additional European markets beyond its initial rollout in France, Belgium and the UK. The company was founded by Diane du Paty and Fabian Langlet.

  • Mister IA

    Participated · Equity · May 2026

    Founded in April 2023 by brothers Vincent and Martin Pavanello, Mister IA positions itself as a leader in consulting, training and operational deployment for generative AI. Its offering combines advisory services to identify use cases and tools, a training business that has delivered over 5,000 training days, and the deployment of AI tools and agents through embedded experts. The company reports approximately €15 million in revenue, around 120 employees and a portfolio of roughly 1,000 professional clients including SMEs, ETIs and some large groups and public actors. Profitable since its first month, Mister IA largely self-financed its early growth and the founders retain a large majority of the capital. With the newly raised funds, the company plans to hire about 50 consultants and experts in the next year and to pursue geographic expansion in Europe, including potential external growth opportunities.

Team