4

Seedcamp

Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology.
Seedcamp
Leadership team

Reshma Sohoni (Co-Founder & Managing Partner)

Tom Wilson (Invetment Partner)

Carlos Eduardo Espinal (Managing Partner)

Sia Houchangnia (Investment Partner)

Natasha Lytton (Head of Brand & Network)

Miguel Pinho (Head of Technology)

Number of Employees
0 - 50
Headquarters
London, United Kingdom
Established
2007
Social Media
Summary

The Seedcamp nation includes over 440 startups building breakout businesses that change the way people live, interact and buy and includes 9 European unicorns: Hopin, Wise, Revolut, Sorare, wefox, Pleo, UiPath, viz.ai and Grover. They provide the infrastructure to support our exceptional founders who’ve gone on to raise over $7Bn in follow-on funding from leading global investors.

In addition to financial investment, Seedcamp provides startups with access to a global network of operators and investors, a carefully curated core team, and a community of exceptional people across the world to help them supercharge their vision. Seedcamp believes that investing at the earliest stage is the biggest advantage their people can bring to a startup, offering support in finding product-market fit, building out sales and marketing capabilities, understanding how to grow a team, and making introductions to key players in their industry.


History

Seedcamp was originally created by Saul Klein and Reshma Sohoni.  Participating VCs and advisors in Seedcamp's launch included Index Ventures, Atomico Investments, Atlas Venture, Balderton Capital, TAG, Forsyth Group and Brown Rudnick. Carlos Espinal joined as Partner in 2010.

In 2014, Seedcamp announced a €20million Seed fund, which enables the early-stage investor to invest up to €200,000 into rounds between €300,000 and €2M. Seedcamp has invested in 24 seed-stage startups from its Seed Fund as of September 2015. The fund focuses on providing investment for startups looking to scale globally, rather than focusing on the initial hurdle of getting up and running.

In October 2017, Seedcamp announced the acquisition of its first two funds by a publicly listed company, Draper Esprit. Seedcamp will maintain management of all companies, which includes fintech unicorn, and TransferWise, as part of the sale.

In November 2017, Seedcamp announced the first close of a £41M seed fund to invest in 100 new startups across Europe. Seedcamp will lead pre-seed rounds with £100k and can anchor up to £250k by bringing angels and high net-worths into the round. Seedcamp will co-invest in seed rounds of up to £2M where there's already a lead investor on board. Seedcamp Fund IV consists of 60 LPs from across the globe including the likes of Index Ventures, Atomico, Draper Esprit, ADV, Idinvest, Korelya, Speedinvest and big businesses such as Investec, Thomas Cook Money, Unilever Ventures and MassMutual Ventures, marking the US-based insurer's first investment in Europe.


Investment criteria

Seedcamp is a Europe-based venture capital firm that invests in early-stage technology startups. They have a reputation for investing in companies with huge growth potential and supporting them throughout their journey. Seedcamp's investment criteria are designed to identify companies that have the potential to become successful businesses. Here are Seedcamp's investment criteria:

  • Strong founding team: Seedcamp looks for a diverse team of founders, makers, operators, investors, and tech lovers who have a deep understanding of the problem they are trying to solve, a clear vision for their company's future, and the skills and experience needed to execute that vision.
  • Large market opportunity: Seedcamp invests in startups that are solving a significant problem in a large and growing market. They assess the market potential of each startup to determine if it has the potential to become a category-defining company.
  • Early traction: Seedcamp wants to see evidence that the startup has a product or service that resonates with customers and that there is a clear path to revenue generation. They look for startups that have achieved early product-market fit, have a clear customer acquisition strategy, and are growing quickly.
  • Potential for impact: Seedcamp wants to invest in companies that have the potential to make a significant impact on the world. They look for startups that are addressing important societal issues, have a sustainable business model, and are creating positive change in their industry.

In addition to these criteria, Seedcamp provides startups with access to a global network of operators and investors, a carefully curated core team, and a community of exceptional people across the world to help them supercharge their vision.


Values
  • Founder-first: Seedcamp believes that the founders are the most important people in any startup. They prioritize the needs and interests of the founders and work to create a supportive and collaborative environment that helps them succeed.
  • Transparency: Seedcamp believes in being transparent and honest with its portfolio companies and stakeholders. They believe that open and honest communication is essential for building trust and strong relationships.
  • Diversity and inclusion: Seedcamp values diversity and inclusion and works to create a welcoming and inclusive environment for all founders, regardless of their background or identity.
  • Continuous learning: Seedcamp is committed to continuous learning and improvement. They encourage their portfolio companies to learn and grow, and they constantly strive to improve their own processes and approaches to investing.
  • Global perspective: Seedcamp has a global perspective and a network of experienced mentors and investors from all over the world. They believe that startups can come from anywhere and that diversity of perspective is essential for building successful businesses.
  • Focus on impact: Seedcamp invests in startups that have the potential to make a positive impact on the world. They believe that technology can be a force for good and that startups have a responsibility to create positive change in their industry and society.

Mission

"Our people are our greatest asset, and we believe investing at the earliest stage is the biggest advantage our people can bring to your company," underscores a strong commitment to the value of human capital and early-stage investments. It highlights the belief that the expertise, experience, and dedication of their team are pivotal in driving success for the companies they work with.

To achieve its mission, Seedcamp provides funding, mentorship, and access to a global network of experienced investors and mentors. They work closely with their portfolio companies to help them achieve product-market fit, grow their customer base, and scale their businesses.


Portfolio

Seedcamp has a diverse portfolio of companies across a wide range of industries and sectors. As an early-stage venture capital firm, Seedcamp invests in startups that are focused on solving significant problems in large and growing markets. Seedcamp's portfolio includes companies that are disrupting traditional industries, such as banking and finance, healthcare, and transportation. Some examples of companies in Seedcamp's portfolio include:

  • TransferWise: A fintech company that offers a low-cost, peer-to-peer international money transfer service.
  • Revolut: A mobile banking and financial management app that offers a range of services, including currency exchange, budgeting tools, and investment options.
  • UiPath: An enterprise software company that provides a platform for automating business processes using artificial intelligence and machine learning.
  • WeFox: An insurance technology company that offers a platform for managing and buying insurance products.
  • Qatalog: A collaboration and project management software company that helps teams organize their work and share knowledge.
  • FlixBus: A transportation company that offers long-distance bus travel across Europe and the United States.

These companies and others in Seedcamp's portfolio have achieved significant growth and success, with many of them becoming leaders in their respective industries. Seedcamp's approach to investing and supporting early-stage startups has helped these companies achieve their potential and make a positive impact on society.


References
Seedcamp
Leadership team

Reshma Sohoni (Co-Founder & Managing Partner)

Tom Wilson (Invetment Partner)

Carlos Eduardo Espinal (Managing Partner)

Sia Houchangnia (Investment Partner)

Natasha Lytton (Head of Brand & Network)

Miguel Pinho (Head of Technology)

Number of Employees
0 - 50
Headquarters
London, United Kingdom
Established
2007
Social Media