OneRagtime

OneRagtime blends traditional venture funds with a club-deal model, allowing its 300-strong investor community to select between diversified fund commitments and targeted co-investments in individual companies. The entire process runs through a digitized platform, which the firm states gives investors visibility and choice over each allocation. This hybrid design resembles an always-open venture platform more than a conventional closed-end fund.

The investor community exceeds 300 members and spans corporate institutions, private banks, and family offices. Named co-investors include CMA CGM, Française des Jeux, Louvre Banque Privée, CMB Monaco, Carat Capital, and Lazard Frères Gestion, alongside former Eurazeo CEO Virginie Morgon. The firm describes its community as exclusive and recruited through direct outreach rather than open enrolment.

OneRagtime targets European startups from seed to Series B, leading or co-leading rounds with initial tickets between €0.5m and €3m. Follow-on capital comes from a dedicated growth fund and prorata rights. The firm focuses on two main categories: AI-augmented platforms (marketplaces, creator economy, fintech) and deeptech (AI, cloud, cybersecurity).

The firm reports two portfolio companies that have crossed €100m in annual revenue, achieving what it calls centaur status. As of its most recent disclosures, OneRagtime had completed nine exits from a portfolio of more than 50 startups. One named unicorn in the portfolio is Jellysmack, the creator monetization platform founded in 2016.

Before founding OneRagtime in 2017, Stéphanie Hospital led Orange's Digital Business Unit, where she oversaw the Dailymotion acquisition and forged commercial partnerships with Google, Facebook, Twitter, and Microsoft. That operating background — rather than a traditional VC apprenticeship — informs the firm's emphasis on platform digitization and its dual focus on consumer platforms and deeptech infrastructure.