Led · Equity · Feb 2026

Mobile Club operates a technology-rental platform that lets users subscribe to smartphones and other devices instead of purchasing them outright. After merging with fellow rental firm Next Mobiles, the combined group now serves both consumers (under the Mobile Club and Next Mobiles brands) and enterprises (under the Cleaq brand). The company reports more than 70,000 subscribers across France, Belgium and Luxembourg and generates €30 million in annual recurring revenue (ARR). Its business model is rooted in the circular economy, emphasizing usage over ownership and simplifying device upgrades. With fresh capital, management plans to extend the catalog beyond smartphones and accelerate expansion throughout Europe. The organization aims to become the leading tech-rental provider in France while preparing for broader continental reach. Management has set a target of surpassing €100 million in ARR by 2030 through organic growth and additional acquisitions.

Participated · Debt Financing · Sep 2024

Founded in 2018 by former consultants and ex-bankers including cofounder and COO Clara Vaisse, Pony operates a dockless micromobility service with 15,000 bikes and scooters deployed across 23 French cities. The fleet includes made-in-France mechanical and electric two-seater bikes and electric scooters, and the company emphasizes durability and an eco-responsible approach. Pony employs about 200 people and reported a target of €29M in revenue for the year. Its model includes a participatory financing feature where residents can buy a bike and return it to the platform in exchange for remuneration. Pony handles the full value chain from manufacturing to platform management, logistics, repair and warehousing. The company positions itself as the only French free-floating, dockless operator and aims to equip all French cities with more than 50,000 inhabitants, including Paris.

Led · Equity · Nov 2023

Ooodles provides an AI-powered, proprietary platform that helps SMEs sort credit approvals, manage inventory and upgrades, and build device fleets tailored to their needs. The company positions its service as a flexible alternative to restrictive leasing for underserved SMEs. Its platform uses AI to recommend and manage fleets of devices and streamline operational processes. Ooodles plans to further develop its proprietary AI technology and pursue international expansion into Ireland. The Ireland expansion is expected to reach 309,000 Irish SMEs. Leonardo Poggiali is co-founder and CEO and has highlighted the strong market fit with SME customers. Ooodles offers device-leasing services that provide high-end laptops, phones and similar hardware to small businesses and enterprises via a monthly, Pay-As-You-Go subscription model. The company was founded in 2021 by Leonardo Poggiali, a veteran of Sony Mobile and Jawbone. It targets a relatively underserved segment of the market where options beyond small IT service firms are limited. Ooodles recently raised $12 million to scale up its device-leasing services, signaling early investor interest in the space. The raise positions the company to expand its operations in the UK market and grow its customer base. The business also frames leasing as a climate-positive alternative given global e-waste challenges highlighted by the UN.

Participated · Debt Financing · May 2020

Stilt started as a provider of financial services for immigrants and is Y Combinator‑backed. It recently launched Onbo, an API-powered credit-as-a-service product that lets businesses build and offer credit products without a bank sponsor. The company says it can manage origination, payments and credit reporting for partners and can provide debt capital of up to $1 million to customers. Stilt reported a 4x increase in annual recurring revenue in 2021 but declined to disclose hard revenue figures. The company currently has a team of about 30 and plans to use new capital to grow the team, accelerate product development and expand marketing. Stilt holds state lending licenses and an existing compliance framework, which it cites as a differentiator for scaling B2B partnerships. Stilt offers lending and banking products designed for immigrants and people without Social Security numbers or traditional credit histories. Its loan underwriting considers bank transactions, education, employment, visa status and uses proprietary machine-learning models drawing on diverse financial and non-financial data. The company has publicly launched no-fee checking accounts (powered by Evolve Bank & Trust) with spot-rate remittance to about 50 countries and the ability to apply for credit lines and pre-approved loans through accounts. Since opening checking to existing customers in September, active checking accounts have grown ~50% month-over-month. Stilt reports average loan interest rates of about 12%–14%, positioned well below alternative products that can charge 30%–100%. The firm says loan performance remained steady through the COVID-19 pandemic and many customers use loans to build U.S. credit histories. Stilt offers personal financial services and loans tailored to immigrants who lack Social Security numbers or traditional credit reports, using proprietary models to score applicants. Its core products have included consumer loans (the company says it has lent tens of millions of dollars over the past four years) and it launched FDIC‑insured pre‑approved global bank accounts. Stilt underwrites borrowers by analyzing a wide range of financial and non‑financial data—universities, roughly half a million employers, millions of job positions, credit bureau and bank data, and visa type—and further lending is tied to performance of a user’s first loan. Interest rates on loans are generally about 13.5%–14%, presented as a better alternative to payday or extremely high‑cost options. Financially, the company closed a $7.5 million equity seed round and secured about $100 million in debt capital to fund lending. Stilt says demand has increased during the COVID‑19 pandemic while loan performance has remained steady. The company plans to expand beyond personal financial services into products for small businesses in the future.