Updated:
Horse Angels
Horse Angels, founded by Nicolas Mathy, is a French investment company backing early-stage equine technology startups in Normandy's horse-industry cluster.
Horse Angels
Horse Angels is a venture capital firm based in Colombelles, France. It focuses on investment opportunities.
General information
Firm type
Generalist
Year founded
2009
Location
Region
Europe
Country
France
City
Colombelles
Corporate office
Allee de la Menagerie, 60500 Vineuil-Saint-Firmin, France
Principals
Nicolas Mathy
Founder
Sector focus
Frequently asked questions
How does Horse Angels source proprietary deal flow?
Sourcing relies heavily on the firm's membership in Pôle Hippolia, the French competitiveness cluster for the equine industry. This cluster connects the firm to equine research centers, breeding operations, racecourses, and technology startups across Normandy. The firm also co-invests alongside regional networks such as Normandie Business Angels, further widening its proprietary pipeline.
What investment stages does Horse Angels typically target?
Horse Angels focuses on early-stage companies, specifically seed and startup rounds, with some activity extending into growth-stage investments. The portfolio company Seaver, for example, was a seed-stage connected-health startup prior to its January 2026 acquisition.
Which sectors does Horse Angels explicitly avoid?
The firm does not publish explicit sector exclusions, but its entire investment thesis is built around the equine economy. Companies in generalist software, fintech, or consumer internet that lack a clear equestrian or animal-health application fall outside its mandate. No investments in industries unrelated to horses have been identified.
Who co-invests alongside Horse Angels?
Confirmed co-investors include Bpifrance and Crédit Agricole Normandie, both participants in the Seaver funding rounds. Normandie Business Angels is listed as a regional co-investment partner. These relationships suggest Horse Angels frequently syndicates deals with French public investment vehicles and regional financial institutions.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: