Seedcamp is a European seed-stage

venture capital fund Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number ...

, headquartered in

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, launched in May 2007 by a group of 30 European investors. The fund's Managing Partners are Reshma Sohoni and Carlos Espinal. Seedcamp has a

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of over 250 companies who have raised over $1Bn in follow-on funding from

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across the globe with notable investment from Wise,

Revolut Revolut Group Holdings Ltd, doing business as Revolut, is a British multinational neobank and fintech company that offers banking services for individuals and businesses. It was founded in July 2015 by British-Russian-French businessman Niko ...

, UiPath, and others.

History

Seedcamp was originally created by Saul Klein and Reshma Sohoni. Participating VCs and advisors in Seedcamp's launch included

Index Ventures Index Ventures is a European venture capital firm with headquarters in both San Francisco and London. It invests primarily in tech companies. History Index Ventures has its origins in a Switzerland, Swiss bond (finance), bond-trading firm cal ...

, 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 in 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 public listed company, Draper Esprit. 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 which includes Index Ventures, Atomico, Draper Esprit, ADV, Idinvest, Korelya, Speedinvest and big business such as Investec, Thomas Cook Money, Unilever Ventures and MassMutual Ventures, marking the US-based insurer's first investment in Europe. In 2023, Seedcamp announced the closing of its €166 million Fund VI, making it by far the company's largest fund to date.

Seedsummit

Seedcamp spearheaded Seedsummit along with key global partners: a platform aimed at making it easier for startup entrepreneurs to find the most active seed investors relevant to their business. Significantly, Seedcamp was able to sign up 21 European investors to agree on a standard

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for startups.

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presented this as a “historic move”.

Performance and notable exits

In October 2016, Seedcamp revealed it had returned its first fund almost 2x over. In January 2017, Seedcamp announced a small Secondary sale of its stake in fintech unicorn, Wise described as “one of the best European seed exits in recent years that wasn’t an acquisition or IPO”. In October 2017, Seedcamp Funds I & II were acquired by Draper Esprit for $26.3 million, delivering a reported 4x return to investors. Other notable exits include: Mobclix bought by Velti for $50M, RentMineOnline bought by RealPage for $9.5M, Crashpadder acquired by

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, and Talasim acquired by Jeeran.

References

External links

* {{Official website, http://www.seedcamp.com/ Corporate finance Venture capital firms of the United Kingdom