June 22, 2023

Female Angel Investors in France: Profiles and Insights

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Entrepreneurship is an exciting and rewarding journey, but it can also be a rocky road on a limited budget. To offset this problem, startups often reach out to angel investors to get the financing they need to get their ideas off the ground. In France, the importance of angel investment for startups is growing significantly, and so is the visibility of female angels.

Here is a list of the top female angel investors in France, compiled by Roxanne Varza, director of Station F, the world's largest startup incubator, based in Paris.

In this blog post, we'll take a closer look at the top female angel investors in France and shine some light on their success stories. We'll also provide valuable insights and tips for startups seeking to raise funds from angels.

Female angels in France by Roxanne Varza

Women angel investors

France has a vibrant entrepreneurial ecosystem, thanks to recent initiatives from the government and private sector players. Angel investors play a critical role in this ecosystem, and nowadays, France is witnessing a surge of active female angel investors who are narrowing the gender gap in the startup world. Here are some of the top women business angels in France

Roxanne Varza

Photo of angel investor Roxanne Varza

Roxanne Varza is a highly accomplished business angel and an influential figure in the startup ecosystem. With a strong background in entrepreneurship and a deep understanding of the tech industry, she actively invests in early-stage startups and supports their growth. Roxanne's vast experience includes being director of Station F, the largest startup campus in the world, and founding the Girls in Tech Paris chapter. Her passion for innovation and empowering women entrepreneurs has made her a driving force in the French startup community, inspiring and guiding the next generation of innovators and female founders.

Chantal Baudron

Photo of Chantale Baudron Angel investors

Chantal Baudron is an esteemed angel investor known for her collaboration with prominent organizations in the startup ecosystem. With her wealth of experience, she has actively worked with leading incubators and accelerators such as TheFamily and NUMA, providing valuable support and mentorship to early-stage startups. Chantal's deep involvement in these organizations has allowed her to identify and nurture promising ventures, contributing to their growth and success. Her dedication to fostering entrepreneurship and her strategic investments have established her as a respected figure in the French startup community.

Catherine Barba Chiaramonti

Photo of angel investors

Next on our list of featured women investors is Catherine Barba Chiaramonti, a highly regarded angel investor and renowned entrepreneur. She has made a significant impact in the startup ecosystem, working closely with notable organizations such as NUMA, a leading global innovation hub. Catherine's extensive expertise in e-commerce and digital transformation has positioned her as a trusted advisor to startups in their growth journey. Her strategic investments and commitment to fostering entrepreneurship have played a pivotal role in the success of numerous ventures.

Céline Lazorthes

Photo of Celine Lazorthes Angel investor

Céline Lazorthes is a highly influential entrepreneur and angel investor in the French startup scene. As the founder of Leetchi Group, she has pioneered innovative online payment solutions and disrupted the fintech industry. Céline's entrepreneurial journey has made her a trusted figure, not only for her own successful ventures but also for her strategic investments in promising startups. With her extensive knowledge of financial technology, she continues to shape the landscape, supporting and empowering entrepreneurs to thrive in the ever-evolving world of technology and finance.

Valentine Baudouin

Photo of Valentine Baudouin angel investors

Valentine Baudouin is a prominent female angel investor in the French startup ecosystem. With a passion for supporting innovative ventures, she actively invests in early-stage startups across various industries. Valentine's extensive experience in finance and entrepreneurship equips her with the strategic insights necessary to identify promising opportunities. Known for her keen eye for talent and her commitment to empowering entrepreneurs, she plays a vital role in fostering growth and innovation within the startup community. Valentine Baudouin's contributions continue to make a significant impact on the French entrepreneurial landscape.

Tips for reaching out to female business angels

These talented women angels are not only investing their own money but also bringing valuable experience, connections, and insights to the table. They are mitigating the funding gap and are emerging as role models for aspiring female entrepreneurs, female investors, and European startups as a whole.

But what makes angel investors – especially female angels – tick, and how can startups impress them? Here are some insights that can help you prepare for your angel pitches:

Know your market and competition

An active business angel wants to see that you've done your homework and have a solid business strategy. Make sure you can articulate your target audience, value proposition, and competitive advantage.

Show passion and vision

Business angels invest in the founder, not just the idea. Make sure you show your enthusiasm, determination, and long-term vision for your startup.

Be transparent and realistic

Another thing that business angels want to see is that you are honest about the risks and challenges of your venture. They also want to see that you have a clear plan for how you'll use their investment and achieve your milestones.

Leverage your networks

An angel investor will often invest in startups that come with glowing referrals from trusted sources. Use your connections to get to know business angels and get introductions to solidify your reputation within angel networks.

Use a CRM to keep track of your business angels

Whether you're targeting women investors or any active investor, it's best to keep all your contacts in a CRM. This way, you can organize all your contacts, and keep track of your interactions and fundraising processes. Check out folk, a simple but powerful CRM for individuals and teams. You can get started with a free fundraising template.


Female business angels are playing an increasingly vital role in the French startup ecosystem, and they're serving as mentors and role models for female entrepreneurs. We hope this blog post has given you a glimpse into the world of the most active female business angels in France and provided some useful insights for startups seeking to raise funds from them. Remember that to achieve success in raising capital is not just about the money – it's also about building relationships within the angel community, gaining mentors, and accessing valuable networks and resources. Good luck on your fundraising journey!

Useful links

Full list of women angels in France by Roxanne Varza

CRM template for tracking investors

CRM template for tracking business angels

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