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Mosaic Ventures

We back founders building a more perceptive world - harnessing new forms of software-based intelligence to transform the entire economy
Mosaic Ventures
Leadership team

Simon Levene (Founder)

Mike Chalfen (Founder)

Toby Coppel (Founder)

Simon Patterson (Founder)

Number of Employees
0 - 50
Headquarters
London, United Kingdom
Established
2014
Social Media
Summary

Mosaic Ventures is a London-based venture capital firm that invests in early-stage startups in Europe. Founded in 2014 by a team of experienced entrepreneurs and investors, the firm focuses on supporting visionary founders who are building transformative technology companies with long-term growth potential.

Mosaic Ventures takes a thematic approach to invest, targeting sectors where technology can drive significant innovation and create new markets. The firm's investment areas include healthcare, fintech, enterprise software, and consumer internet, among others. By focusing on specific themes, Mosaic Ventures aims to identify the most promising startups in each sector and provide them with the resources and support they need to succeed.

The firm's investment philosophy is based on a belief in the power of technology to drive positive change and create meaningful impact. Mosaic Ventures seeks out founders who share this belief and are committed to building companies that can make a difference in the world. The firm also values diversity and inclusivity and seeks to invest in startups with diverse teams that reflect the broader population.


History

Mosaic Ventures is a venture capital firm that was founded in 2014 in London, UK. The firm was established by a group of experienced investors and entrepreneurs who had previously worked at prominent firms such as Accel, Index Ventures, and Venrock.

The founding team included Simon Levene, Mike Chalfen, Toby Coppel, and Simon Murdoch, who had collectively invested in companies like Alibaba, Dropbox, and Skype. They came together to start a firm that would focus on supporting early-stage startups in Europe, especially those working on innovative technologies and platforms.

Mosaic Ventures has raised over $300 million to date across two funds, with the first fund of $140 million being raised in 2015, and the second fund of $200 million being raised in 2018. The firm's limited partners include a mix of institutional investors, family offices, and high-net-worth individuals from Europe, the US, and Asia.

Since its inception, Mosaic Ventures has invested in a number of successful startups across various sectors such as healthcare, fintech, consumer, and enterprise. Some of the notable companies in their portfolio include Blockchain.com, MarketInvoice, Citymapper, and GoCardless.

The firm takes a hands-on approach to working with its portfolio companies, offering support in areas such as product development, hiring, fundraising, and market strategy. They also have a strong network of advisors and industry experts that they connect their portfolio companies with to help them grow and succeed.

Mosaic Ventures has established itself as one of the leading venture capital firms in Europe, with a focus on investing in companies that are using technology to solve real-world problems and disrupt traditional industries.


Investment criteria

The firm's investment criteria are designed to identify companies with innovative ideas, strong market potential, and exceptional founding teams. Here are some of the key investment criteria that Mosaic Ventures looks for:

  • Innovative technology: Mosaic Ventures seeks companies that are leveraging technology to create new solutions, improve existing ones, or disrupt traditional industries. The firm is particularly interested in startups that are using AI, blockchain, big data, and other emerging technologies to solve complex problems.
  • Strong market potential: The firm looks for companies that are operating in large, rapidly growing markets with high barriers to entry. Mosaic Ventures is particularly interested in sectors such as healthcare, fintech, enterprise software, and consumer internet.
  • Exceptional founding team: The firm believes that the success of a startup depends largely on the quality of its founding team. Mosaic Ventures looks for teams that have a deep understanding of the market, a clear vision for the company, and a track record of execution.
  • Scalability: Mosaic Ventures seeks companies that have the potential to scale rapidly and become market leaders. The firm looks for startups that have a clear plan for growth, a sustainable business model, and a path to profitability.
  • Competitive advantage: The firm looks for companies that have a unique and defensible competitive advantage, such as intellectual property, proprietary data, or a strong network effect.
  • Alignment with the firm's values: Mosaic Ventures seeks to invest in companies that are aligned with the firm's values, such as a commitment to diversity and inclusion, ethical business practices, and environmental sustainability.

Values

The firm is committed to investing in companies that are aligned with these values, and to supporting founders who share its vision for building sustainable and impactful businesses. Here are some of the key values of Mosaic Ventures:

  • Partnership: The firm believes in building strong, collaborative partnerships with the founders and teams of its portfolio companies. Mosaic Ventures takes a hands-on approach to work with its portfolio companies, providing support in areas such as product development, hiring, fundraising, and market strategy.
  • Innovation: The firm is passionate about innovation and seeks to invest in companies that are using technology to solve real-world problems and disrupt traditional industries. Mosaic Ventures is particularly interested in startups that are leveraging emerging technologies such as AI, blockchain, and big data to create new solutions and improve existing ones.
  • Diversity and inclusion: Mosaic Ventures is committed to promoting diversity and inclusion in the tech industry. The firm believes that diverse teams are more innovative, more resilient, and better able to serve a diverse customer base. Mosaic Ventures seeks to invest in companies that share its commitment to diversity and inclusion.
  • Sustainability: The firm is committed to supporting companies that are building sustainable and environmentally responsible businesses. Mosaic Ventures seeks to invest in companies that are creating positive social and environmental impact, and that are committed to ethical business practices.
  • Long-term thinking: Mosaic Ventures takes a long-term approach to investing, seeking to partner with founders who have a clear vision for the future and a commitment to building sustainable, impactful businesses. The firm believes that long-term success is built on a foundation of strong values, ethical business practices, and a focus on creating value for all stakeholders.

Mission

"We partner with exceptional founders to build sustainable and impactful businesses that transform industries, empower people, and create long-term value for all stakeholders."

This mission statement reflects the firm's belief in the power of technology to create positive social and environmental impact, and its commitment to investing in companies that are aligned with its values. Mosaic Ventures seeks to support founders who are building companies that have the potential to transform industries, empower people, and create long-term value for all stakeholders, including customers, employees, investors, and society as a whole.


Portfolio

The firm's portfolio includes companies in sectors such as healthcare, fintech, enterprise software, and consumer internet, among others. Here are some examples of companies in Mosaic Ventures' portfolio:

  • Cazoo: Cazoo is a UK-based online platform that allows customers to buy, finance, and trade used cars. The company aims to simplify the car buying process and provide customers with a more transparent and convenient experience. Cazoo has raised over $1.6 billion in funding to date, including a $1 billion SPAC merger with Ajax I in 2021.
  • ComplyAdvantage: ComplyAdvantage is a UK-based startup that uses AI to help financial institutions detect and prevent money laundering and other financial crimes. The company's platform provides real-time data and insights to help banks and other financial institutions comply with regulatory requirements. ComplyAdvantage has raised over $150 million in funding to date.
  • Superhuman: Superhuman is a US-based email client that aims to improve productivity and reduce email overload. The platform uses AI to help users prioritize their emails and automate repetitive tasks. Superhuman has raised over $65 million in funding to date.
  • Impala: Impala is a UK-based startup that provides an API for hotels to connect with booking platforms such as Booking.com and Expedia. The platform aims to simplify the hotel booking process and provide hotels with real-time data and insights. Impala has raised over $20 million in funding to date.
  • Tide: Tide is a UK-based fintech startup that provides business banking services to small and medium-sized enterprises (SMEs). The platform offers features such as expense management, invoicing, and accounting integrations. Tide has raised over $100 million in funding to date.

References
Mosaic Ventures
Leadership team

Simon Levene (Founder)

Mike Chalfen (Founder)

Toby Coppel (Founder)

Simon Patterson (Founder)

Number of Employees
0 - 50
Headquarters
London, United Kingdom
Established
2014
Social Media