Investors

Individuals and Family Offices

Private Banks and Wealth Managers

Corporates

Why OneRagtime?

How to invest

Our Community

Why OneRagtime?

We make investing easy

Joining the OneRagtime investor community means saying good-bye to tedious investment processes and loads of paperwork. Thanks to our fully digitalised investment process, accessing investment opportunities is only a few clicks away.

Validating your KYC, analysing opportunities, and making a commitment can all be done via our our application or on our platform.

We source and vet the deals ahead of the pack

OneRagtime grants you access to our curated international deal flow of start-ups. Thanks to our proprietary tools and extensive network, we receive and review over 4000 companies per year to present you with only the top 10.

We perform extensive internal and external business, technological, financial, legal/IP, and HR due diligences on every start-up that we finance.

DEALFLOW PROCESS

In 2018 OneRagtime received:

4,042

Start-ups received

50/50 from out network vs. other sources

520

Meetings with entrepreneurs

Deep analysis

Since we’ve started investing:

Start-ups backed

Follow-on investments

Open investments

Technology

We invest internally in our R&D. We have developed DeepDive, our toolt to leverage technology for smarter sourcing (50k+ start-ups in our database)

Investors & entrepeneurs

Our investors want to be involved and refer investment opportunities. They are well connected and prove to be a highly qualified source of deal-flow

Platform

We are bulding a strong brand attractive to start-ups, through original content and presence to main tech events. It gives us visibility and increases organic incoming deal flow on our platform

Community of tech experts

We are building a powerful and trustful community to access the best deal flow. Notable examples include (euratechnologies, L39, The Refiners and 50 partners)

Proactive sourcing

Proactive sourcing on specific verticals (gaming, AI applied to health, etc.) is also a good way of mastering a sector and understanding the trends

Schools & Partnerships

Business, Engineering and Development = finding tomorrow’s talents (42 silicon valley, Imperial College London and Epitech)

We protect you with professional investment terms

Thanks to our unique position as “first VC in”, we can guarantee our investors professional term sheets, including:

a board seat for OneRagtime and a board-advisor seat
preferential liquidation
ratchets
pari-passu rights
leaver rights

We help needed to scale your portfolio

We believe that start-ups need smart-money, that’s why we provide our portfolio companies with strategic, operational, business development/ commercial, and recruitment support. We invest on a deal-by-deal basis and bring each one dedicated attention.

By leveraging the strength of the OneRagtime community we offer our entrepreneurs access to exceptional business development, sectorial and functional advisors and create synergies across our portfolio companies.

We prepare the exits from the get go

We’ve partnered with a top-notch investment bank to ensure that we’re always one step ahead of the game when it comes to exits. Once we’ve grown your portfolio companies, you can count on the mid to late-stage M&A deal advisory expertise of Messier Maris & Associates to find the right acquirers.

How to invest

OneRagtime aims to make investing in early-stage start-ups as accessible as possible for individuals, family offices, partners (private bankers, wealth and asset managers), corporate and institutional investors alike.

That’s why we offer our investor community the choice of investing on a deal-by-deal basis in our crowd equity vehicles or via our diversified fund (Eureka 1).

Deal-by-deal

OneRagtime creates a dedicated special purpose vehicle (SPV) for every start-up, gathering all the investors investing with our On-Demand or Diversification offers, as well as OneRagtime itself.

Each SPV is regulated (EuVECA) and established for the purpose of investing in the shares of a single target company.

THE SERVICES

THE COMISSION MODEL

Access to dealflow

Access to due diligence

Digital investment process

Digital portfolio management

Quarterly reporting

Full portfolio diversification

7-day opt-out option

Dedicated vehicle

On-demand	Diversification
Choose your investments the flexible way	Automatically build a diversified portfolio

Number of deals

Minimum commitment

Set-up fess

Management fees

Success fees

On-demand	Diversification
Choose your investments the flexible way	Automatically build a diversified portfolio
1 deal minimum	10-15 deal per year
€30k+ per deal	€350k per deal
2-4% ¹	2% ²
2% ² per year for 5 years ³, 1% starting 6th years (capped at 10 years)	2% ² per year for 5 years ³, 1% starting 6th years (capped at 10 years)
20% on net gains ⁵	20% on net gains ⁵

¹ On the cumulated amount invested: 2% for investments >450k; 3% between 300k-450k; 4% under 300k

² On the amount invested

³ Pro-rata on first year

⁴ On the amount committed

⁵ Net of other SPV-specific expenses, which may include: Annual audit fees, Administration fees, SPVs’ legal expenses, Taxes, fees or other governmental charges levied against the SPVs; All other operating expenses that are directly related to the SPVs

Diversified funds

OneRagtime also caters to investors looking for a hassle-free way of investing in early-stage venture capital start-ups. That’s why we’ve created a diversified fund that allows you to invest in multiple target companies with a single subscription.

Why invest in our diversified fund ?

Investing in shares of our diversified fund, EUREKA 1, allows you to:

Diversify your portfolio of investment types
Support entrepreneurship and innovation
Contribute to the creation of durable jobs in France and Europe
Benefit from an advantageous fiscal regime on profits (more information below)

INVESTMENT THESIS

FISCAL GAME

OVERVIEW

Target investment sectors: Entertainment & content, Data, AI, Healthcare, Fintech, Mobility

Exceptional and experienced entrepreneurs

Short sales cycles with B2C and B2B2C models

Technological barrier to entry

Start-ups based in France and rest of Europe with an international DNA

1st professional investor: entry at Seed/pre-Series A; follow-on seeded investments on Series A/B

Investment in equity i.e. €500k - €5m; minority stakes 5 - 30%

30-40% dedicated to seed investments; 60-70% dedicated to follow-ons of OneRagtime portfolio

Eligible to fiscal advantages linked to “Apport-Cession / Remploi” mechanism (150 O-Bter)

Partial profit redistributions starting 6th year of fund lifespan (fiscal requirement)

Legal entity	"Autre FIA" registered with the AMF
Fund endowment	€30m endowment
1st subscription period	01/07/2019 - 31/12/2019
Minimum subscription	€100k (retail and professional investors)
Fund lifespan	8 years, up to 12 years maximum (8 year lifespan, extendible twice by 2 years once upon decision of the Fund manager)
Investment period	3 years
Asset composition	Minimum 75% eligible to Remploi (2019)
Target # of investments	10 - 20
Seed / follow-on split	40% Seed and 1st round investments & 60% follow-on of seeded investments
Anticipated buy-pack of shares	No: Not applicable
Transfer / cession of shares	No: Not applicable
Valorization	Twice per year (June 30th, December 31st)
Reporting	Quarterly reportings on portfolio start-ups. Yearly reporting on overall fund management and asset composition (December 31st)

Aggregated fees, as defined by article D.214-80-1 of the French <<Code monétaire et financier>>	Fund manager (average annual fees)
Entry and exit fees	0.00%
Recurring management and operational costs	2.10%
Incorporation fees	0.03%
Non-recurring operational fees linked to the acquisition, monitoring and divestiture	0.10%
Indirect management fees	0.02%
Total (does not include Performance Fee of 20% on net gains)	2.25%