# Karmen funding: rounds and investors

> Karmen has raised $68M across 3 rounds since 2024. Investors include Seventure Partners, Bpifrance and Pareto Holdings. Every round with its source.

Source: https://millionrounds.com/company/karmen (Millionrounds; every figure on the page links to its filing or article)

France · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Karmen*

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2B Financial Services Fintech

Raised 10 months ago

Follow Karmen and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fkarmen)

Funding summary Updated 7 Nov 2026

**$68M** raised across 3 rounds since 2024, from 3 sources

**$500K** Pre-seed **$9.3M** Round **$58M** Debt

- **Latest round:** Debt, $58M Jan 2026
- **Step-up i:** 6.3×
- **Investors:** 7 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$500K** Pre-seed

**$9.3M** Round

**$58M** Debt

- **First round:** Pre-seed, $500K
- **Biggest round:** $58M
- **Usual gap between rounds:** 11 months

## The rounds

- **Jan 2026** Debt **$58M** *4 returning* [Bpifrance](https://millionrounds.com/fund/bpifrance) [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) [Seventure Partners](https://millionrounds.com/fund/seventure-partners) [Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) Source recorded
- **Jan 2025** Round **$9.3M** *6 new* [Seventure Partners](https://millionrounds.com/fund/seventure-partners) Lead [Bpifrance](https://millionrounds.com/fund/bpifrance) [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) [Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) [Samaipata](https://millionrounds.com/fund/samaipata) [Financière Arbevel](https://millionrounds.com/fund/financiere-arbevel) Reported by TechCrunch
- **Dec 2024** Pre-seed **$500K** *1 new* [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Pre-seed** 2024 **Round** 2025 **Debt** 2026 [Seventure Partners](https://millionrounds.com/fund/seventure-partners) L [Bpifrance](https://millionrounds.com/fund/bpifrance) [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) [Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) [Samaipata](https://millionrounds.com/fund/samaipata) [Financière Arbevel](https://millionrounds.com/fund/financiere-arbevel)

## Everyone who backed them

[Seventure Partners](https://millionrounds.com/fund/seventure-partners) VC firm **2** rounds, led 1

[Bpifrance](https://millionrounds.com/fund/bpifrance) Government **2** rounds

[Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) VC firm **2** rounds

[Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) Hedge fund **2** rounds

[Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) Private equity **1** round

[Samaipata](https://millionrounds.com/fund/samaipata) VC firm **1** round

[Financière Arbevel](https://millionrounds.com/fund/financiere-arbevel) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=karmen).

## Also claim to have backed them

This firm lists Karmen as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Takara Capital](https://millionrounds.com/fund/takara-capital) VC firm Per its own site

## Quick answers about Karmen

### Who invested in Karmen?

Karmen's investors include Seventure Partners, Bpifrance, Pareto Holdings, Fasanara Capital and Pioneer Fund, and 2 more on record.

### How much has Karmen raised?

Karmen has raised $68M across 3 rounds since 2024.

### When did Karmen last raise?

Karmen's most recent round was a Debt of $58M in Jan 2026.

### What was Karmen's biggest round?

Its most recent round, $58M in Jan 2026, is also its largest on record.

### Who backed Karmen first?

Karmen's first round on record, in Dec 2024, was backed by Pioneer Fund.

### What stage is Karmen at?

Karmen's latest named round is a Debt, in Jan 2026.

### Where is Karmen based?

Karmen is based in France.

### Who led Karmen's rounds?

Seventure Partners led the Undisclosed round in 2025.

## Companies like Karmen

In the same sector, and raised in the last eighteen months.

[**Fundbot** $2.6M · Oct 2026](https://millionrounds.com/company/fundbot)[**Wealthcome** $25M · Sept 2026](https://millionrounds.com/company/wealthcome)[**OPiO** $4.6M · Sept 2026](https://millionrounds.com/company/opio)[**Climb** $13M · Sept 2026](https://millionrounds.com/company/climb)[**Palette** $9.5M · Aug 2026](https://millionrounds.com/company/palette)[**Aria** $311M · Jul 2026](https://millionrounds.com/company/aria)

## Find investors like these

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