High conviction capital.
Fast. Reliable. Accessible.

The cheque is
just the beginning.

We back new ideas, clear vision and an obsessive pursuit of change, writing pre-seed and seed cheques from £500k up to £3m. We get the founder mindset, having backed over 70 companies to date.

Portfolio Team

As B2B experts,
we go deeper.

We invest in B2B software businesses in sectors including fintech, data, AI, healthcare, vertical SaaS and energy. Our deliberate, research-led approach ensures we understand the dynamics of every company we invest in.

What we like.

Domain experts
Our companies are built by life-long learners, who have an expert grasp of their sectors, giving them an inherent unfair advantage.
Contrarian thinkers
Our portfolio teams each have unique takes on their evolving markets that others often don’t see in the same way.
Software enabled products
Our businesses are all focused on building top-tier software or software-enabled products, designed to deliver powerful efficiency gains for their customers.
Significant markets
Our founders are all building in either large or fast-growing markets, with significant future potential and room to become a breakout success.
Pre-seed and seed-stage
Our companies are typically at pre-seed and seed stage (<£1m ARR) when we meet them, although we will look at pre-seed deals where a business has a compelling, expert team.
Top-tier UK teams
Our startups are unashamedly opinionated. They are building sports teams – not just families. They all have either a UK HQ, or at least one UK team member.

Proud to work with exceptional companies.

Company: Paloma Health
Sector: HealthTech
Funded: 2024
Status: Active
TEAM: Mark Jenkins
Darshak Shah
ABOUT:
Paloma Health are building a tech-enabled service provider for specialty care, initially starting with children & young people’s autism assessment & diabetes. The company is built around a core technology platform, their “Clinical OS”, which aims to provide clinicians with maximum operating leverage via automation of both clinical and admin workflows.
Company: Treefera
Sector: Climate
Funded: 2024
Status: Active
TEAM: Jonathan Horn
Caroline Grey
ABOUT:
Treefera are a forestry data company. They aggregate global satellite data & images that through an AI driven data pipeline are automatically classified and transformed to become actionable forest volume and forest health indicators. This forestry data is for assessing existing carbon projects, helping project developers initiate their journey into the carbon market, and assessing the deforestation risk associated with a given commodity supplier.
Company: Nory
Sector: Data/AI
Funded: 2023
Status: Active
TEAM: Conor Sheridan
ABOUT:
Nory provides AI-enabled software for hospitality businesses to manage their business and restaurant operations. The product currently has three core components: automated workforce management, inventory management, performance insights and predictive forecasting.
Company: Modo
Sector: Climate
Funded: 2022
Status: Active
TEAM: Quentin Draper-Scrimshire
ABOUT:
Modo are creating a complete platform for market and asset performance data for energy storage. Data is aggregated from over 15 sources through partnerships, paid relationships, screen scraping and open sources. Their in-house data science team clean and structure the data using proprietary algorithms and models to provide structured output for analysis.
Company: Scan.com
Sector: Health
Funded: 2022
Status: Active
TEAM: Charlie Bullock
ABOUT:
Scan.com are building the infrastructure layer to connect the global diagnostic imaging market, aiming to solve the lack of price transparency for imaging, long waiting lists and reliance on archaic workflows.
Company: Tuza
Sector: Fintech
Funded: 2023
Status: Active
TEAM: Edward Hardy
ABOUT:
Tuza is a new small/medium business (SMB) payment provider switching service. SMBs represent 55% of global card processor revenue with just 17% of customers by volume, presenting the opportunity to combat significant SMB overcharging in the card processing sector.
Company: Semble
Sector: Health
Funded: 2019
Status: Active
TEAM: Christopher Lippuner
ABOUT:
Semble is a platform medical clinicians and admin staff use to complete day-to-day work in one place rather than using multiple systems. The software covers the entire patient journey, saving time, and enabling clinicians to focus on treating patients.
Company: Pelago
Sector: Health
Funded: 2020
Status: Active
TEAM: Yusuf Sherwani
ABOUT:
Pelago is an online virtual clinic that offers personalised care for members wanting to cut back, stop or otherwise manage substance use across tobacco, alcohol and opioids.
Portfolio