
NewAlpha Asset Management
128 Boulevard Raspail, Paris, Ile-de-France, 75006, France
Overview
As an independent pioneer in investing in financial industry players, New Alpha AM has been offering professional investors the opportunity to benefit from the growth and strategic innovation of the European Fintech sector through its Venture Capital funds since 2015. In November 2015, it launched the first French Venture Capital fund entirely dedicated to Fintech startups. The investment strategy focuses on early-stage European Fintech companies in inflection and acceleration phases (Seed and Series A). The Fintech investment team has been exclusively dedicated to this sector for over 8 years with an ambitious and structured ESG approach. Its expertise and specialization have allowed it to build one of the largest Fintech portfolios in France and to gain recognition within the European Fintech ecosystem. It has already taken 23 minority stakes in innovative Fintech startups due to their technology or business model (including Lydia, Digital Insure, Mobeewave, Inqom, GarantMe, SESAMm, and Lizy) and has already realized numerous exits. We have partnered with leading Venture Capital funds and significant industry institutions. Founded in 2004 and based in Paris, NewAlpha Asset Management is an asset management company specialized in sourcing, selecting, and managing alternative investments. It manages over 3 billion euros through absolute performance funds and Venture Capital. Its client base consists of more than 40 institutional clients from the French and international financial industry: public and private pension funds, insurance companies, asset managers, and banks. Its entrepreneurial DNA is reflected in its shareholder structure, which includes its employees and major financial institutions (Groupe La Française - a subsidiary of Crédit Mutuel Nord Europe, AEMA, and Natixis).
- Total investments
- 21
- Lead investments
- 5
- Investments · 12mo
- 1
- Active investors
- 6
Sector focus
- Asset Management
- FinTech
- Insurance
- Venture Capital
Investment portfolio
- Lizy
Participated · Equity · Aug 2025
LIZY offers circular electric leasing that re-leases electric vehicles for second or third leasing cycles, targeting smaller businesses. Founded in 2019 and based in Brussels, it has expanded into France and the Netherlands. The company doubled its headcount to 60 and achieved a +100% increase in turnover by 2024. LIZY argues electrification makes multi-cycle leasing viable because electric vehicles last longer and require less maintenance, increasing environmental benefits as vehicles are used for longer. Management says the new financing will let it roll out its concept faster internationally and promote its circular approach across Europe. Investors and founders have framed the company's original positioning and ambition as drivers of its strong growth. Lizy is a Brussels-based startup that streamlines leasing of second-hand vehicles for solo entrepreneurs, freelancers and small business owners. The platform emphasizes shorter contracts and lower fees to make leasing more accessible. To date about 1,500 companies across Belgium have leased vehicles using Lizy's platform. The company secured a €40 million financing package comprising around €8.5 million in equity and €32 million in debt to boost growth. Investors in the package include Alychlo (the family investment company of Marc Coucke), D'Ieteren Group and VC firm New Alpha. Lizy is planning international expansion across Europe, targeting France, Germany and the UK.
- Jove
Participated · Seed · Dec 2024
Jove offers a fully digital, subscription-based insurtech platform that delivers borderless business insurance tailored for contractors, consultants and small businesses across the UK, Europe and the USA. Its core product includes AI-powered insurance validation that integrates with ATS and HRIS platforms to enable instant insurance verification, ensure compliance, and streamline administrative processes. The platform targets remote workforces and mobility use cases, providing global coverage and support for travel and remote work. Jove has established partnerships with major recruitment firms and MSPs, including InterEx, Magnit, Remote and Hays, and with mobility platforms such as Shiply. The company intends to use the new funding to accelerate product development, enhance automation and scale operations to meet growing demand. Jove is headquartered in London, UK and recently closed a seed fundraise to support these plans.
- Supervizor
Participated · Equity · May 2024
Supervizor provides a plug-and-play financial Quality Assurance platform that combines ERP transactions and other data sources into a single universal accounting model, backed by AI-based algorithms and a library of millions of accounting patterns. The platform continuously monitors transactions, detects multiple types of anomalies, and helps prevent fraud, enabling finance, accounting, and compliance teams to build error-proof financial statements. Supervizor integrates with all major ERPs, is available on the SAP Store, and is distributed by Sage, and analyzes transactions against more than 350 controls. The company says it is trusted by over 70 global enterprises, including Michelin, IKEA, Lacoste, and others. Supervizor plans to use new funding to drive continued innovation of its audit analytics platform and expand go-to-market operations worldwide, with particular focus on growing its North American customer base. The company has been operating since 2016 and was recently recognized by the AICPA for inclusion in its 2024 Startup Accelerator cohort. Supervizor provides analysis services and automated accounting and operational data software that detects accounting errors and fraud to reduce the risk of tax adjustment. Its system integrates with existing ERP, accounting and regulatory software tools. The platform is used by more than 5,000 companies. The company is finalizing partnerships with major players including ERP publishers, investment funds, law firms focused on cost optimization, and tax lawyers. Supervizor is co-founded by Cyrille de Gastines and Alban Clot. It intends to use new funding to grow in France and accelerate expansion across Europe.
- Cozero
Participated · Series A · Apr 2024
Cozero offers an enterprise carbon management Climate Action Platform (CAP) that centralises tracking, reduction, and reporting of corporate and product emissions in a single end-to-end SaaS solution. The platform measures, reports, and reduces Scope 1-3 emissions, allows enterprises to enrich emission forecasts with business growth assumptions, and provides a Return On Climate Investment (ROCI) metric to evaluate climate action investments. Cozero serves more than 70 enterprise customers and counts industry leaders such as Maersk, Nippon Express Europe (NX Group), and DMG MORI among its users. The company says financial and carbon accounting are converging, and its Climate ERP is designed to link climate actions to business impacts and regulatory reporting. Cozero has doubled its ARR over the past year and had raised less than €600k in funding since inception prior to this round. The firm plans to use new capital to accelerate international expansion and further develop its Climate ERP.
- Obat
Led · Series A · Nov 2023
Obat provides a SaaS solution that helps VSEs and SMEs in the construction sector manage quotes, invoices, worksites, margins and overall financial health. The product targets tradespeople, entrepreneurs and business leaders in building and civil engineering. The company reports 15,000 active customers across France, Belgium and Switzerland. Obat was founded in 2019 by Franck Asseray and Florent Liagre and is headquartered in Nantes. The firm plans to use new capital to accelerate growth and further position itself as the reference platform for construction artisans. Obat intends to expand its team, planning to recruit 50 additional employees.