Venture Capital

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Open CNP

Open CNP est le fonds de Corporate Venture de CNP Assurances. Nous soutenons les entrepreneurs pour construire la finance et l'assurance de demain.

Open CNP logo

Open CNP

Open CNP est le fonds de Corporate Venture de CNP Assurances. Nous soutenons les entrepreneurs pour construire la finance et l'assurance de demain.

General information

Firm type

Corporate Venture Capital

Year founded

2016

AUM

Undisclosed

Location

Region

Europe

Country

France

City

Paris

Corporate office

Paris, France

Principals

Hélène Falchier

Founder and former CEO

Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

FinTechInsurTechDigital HealthEnterprise SoftwareEnergy Transition & Renewables

Frequently asked questions

How does Open CNP source proprietary deal flow?

Deal flow is tightly coupled to CNP Assurances' operating units. Internal business lines surface technology needs, and Open CNP scans the European startup market for solutions that can be integrated into CNP's product stack. The firm's membership in France Digitale and its co-investment relationship with Bpifrance widen the top of the funnel, but the core sourcing edge is the ability to offer startups a live insurance distribution channel.

Is Open CNP structured as an independent venture firm?

No. Open CNP operates as the dedicated corporate venture capital arm of CNP Assurances, fully funded and owned by the insurance group. This structure means investment decisions are driven by strategic fit with CNP's business lines rather than by the return targets of external limited partners.

Who runs investment decisions at Open CNP?

Founder Hélène Falchier established the fund and previously served as CEO. Today, Alexandra Pailhes is identified as Head of Investments. The firm has not publicly detailed its investment committee composition, but as a wholly owned unit of CNP Assurances, a senior-level tie to the parent's executive team is implicit.

What investment stages does Open CNP target?

The fund writes initial equity cheques from €500,000 to €5 million, targeting seed through Series B rounds. They back European startups at the point where a commercial pilot with CNP Assurances becomes feasible, and are structured to follow on in subsequent rounds where the partnership deepens.

How does Open CNP differ from a standard LP investor in a VC fund?

Open CNP invests directly into startup equity, not as a fund-of-funds LP. The critical difference from a financial LP is the operating partnership: the firm actively connects portfolio companies to CNP's 5,353 insurance experts and its distribution network, aiming to build joint products rather than just taking board observer seats.

Does Open CNP maintain its own fund structure or parallel vehicles?

The €100 million is deployed directly from CNP Assurances' balance sheet. Open CNP has not disclosed any parallel funds, co-investment vehicles, or third-party LP structures, making it a pure corporate venture unit rather than a multi-fund manager.

How is Open CNP related to CNP Assurances Foundation?

CNP Assurances operates a separate corporate foundation focused on philanthropy. While Open CNP's mandate includes impact and CSR-oriented investments, the foundation is a distinct entity and is not a vehicle for venture investments.

Profile maintained by 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.

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