Colette Club

Colette Club is a platform dedicated to enhancing the quality of life for seniors through diverse cultural events and intergenerational living arrangements, fostering connections between generations. Founded in 2019 in Paris, France, Colette Club offers a membership-based platform for seniors to engage in various activities. The company has undergone no major strategic pivots and does not have any subsidiaries. The founders include Alexandre G, Coline Guénel, David Jeusette, Justine Renaudet, and Matthieu Vaxelaire.

Colette Club raised EUR 3 million in its latest funding round on September 30, 2022, from investors including XAnge Private Equity, Founders Future, and Evolem, bringing the total amount raised to EUR 3 million from three deals. Colette Club primarily offers a platform designed to enhance the quality of life for seniors through a variety of activities and services. Its core product includes a membership-based model that provides access to numerous local events such as cultural outings, sports classes, and online conferences tailored specifically for the senior demographic. In addition to activity planning, Colette Club facilitates intergenerational living arrangements, allowing seniors with spare rooms to rent them to young adults seeking affordable housing.

This service generates supplementary income for seniors and fosters meaningful connections between generations. Since its inception, Colette Club has expanded its operations across multiple cities in France, including Paris, Lyon, and Bordeaux, catering to a diverse clientele of seniors over 60 and young adults under 30. Colette Club's revenue model is structured around membership fees and activity participation costs. Members can join the Club at no initial cost, enabling engagement in various activities on a pay-per-event basis, with some requiring a fee for entry.

Additionally, the intergenerational housing service operates on a contractual basis, generating income for participating seniors while providing affordable accommodation for young renters. The pricing structure for activities is clearly outlined on the platform, ensuring transparency for users. Colette Club nurtures a community of trust by connecting over 70,000 members, facilitating direct-to-consumer transactions and partnerships with local organizations, thus creating a robust engagement framework. In September 2022, Colette Club raised EUR 3 million in venture funding, which will be utilized to accelerate platform development and market reach expansion in France.

The company plans to introduce new products designed to enhance user engagement and is targeting further growth in both urban and suburban areas to attract a broader demographic.