The Paris Technology team advised FinTech Collective, a venture capital firm specializing in innovative financial services startups, on the €5.9 million Series Seed financing of GRACE, a Franco-Swiss fintech company enabling luxury brands to offer built-in protection against theft and loss.
The round was led by FinTech Collective and Speedinvest, and included Firstminute Capital, Purple, Kima Ventures, Bpifrance, Sequoia Capital, and a16z. Five business angels also joined this initial funding round.
Founded in 2022 by Lou Dana, Quentin Roy, and Martin Lenweiter, GRACE is a fintech company redefining protection for luxury clients by offering automatic coverage against theft and loss. The startup is quickly positioning itself as a key player in the sector’s digital shift.
This funding will help the company enhance its technology, accelerate integration with top luxury brands, and drive its international expansion, aiming to cover 200,000 luxury products by the end of 2025.
The Paris team was led by Thomas Dupont-Sentilles and included Louis Taslé d’Héliand on corporate aspects, and Marie Fillon and Louis de Chezelles on IP aspects.