UK-based seed VC backing exceptional founders in FinTech, Future of Work, and ConsumerTech at Seed up to and including Series A stage. Successful team with investor track record and founder exits. Consistent deal-flow with off-market opportunities. Member of British Venture Capital Association (BVCA) and EIS Association (EISA).

UK Technology Funds with focus on FinTech, Future of Work, ConsumerTech at Seed up to and including Series A stage:
- Successful team with investor track record and founder exits
- Consistent deal-flow with off-market opportunities
- Follow on funding relationships with Series A+ VCs

Member of British Venture Capital Association (BVCA) and EIS Association (EISA).

Raised and deployed Fund I into eight companies in under 12 months. 
Larger Fund II was deployed into fourteen companies.
Fund III launched in 1H2023 and deployed into six companies YTD.

We are actively seeking Venture Partners as we grow our VC franchise. Please get in touch with the management team if you'd like to know more.

Love Ventures

Team Love was at Slush in Helsinki last week. We loved connecting with founders, meeting with LPs and catching up with fellow GPs; in summary, the European ecosystem is thriving.

We particularly enjoyed:
- The AI Opportunity hosted by Google
- The Climate Summit hosted by Lightrock and Lightspeed
- Hearing Nico Rosberg talk about his transition from F1 driver to investor
- Sauna and ice dipping (yes it was brutally cold!)
- Plenty of VC dinners and side events including the LP reception, the Download and the Backed party to name a few; thanks to all the hosts
- Rounding off the week seeing Helsinki’s ice hockey team HIFK win a 4-3 thriller in overtime 

#slush2023 #vc #earlystageinvesting #networking

This Friday we’re showing some Love to our portfolio company pirkx, which is on a mission to make well-being benefits accessible to the self-employed and SME workers. 💙

⚡ Who: Founder and CEO Stella Smith had a number of small business interests alongside her senior financial services careers and discovered the lack of available affordable employee benefits solutions for her then team of contractors. What's more, she realised many others were in the same position.

🤓 Building: For £4.50 a month, pirkx provides its members with essential benefits across numerous and diverse wellbeing channels. Its benefits collectively focus on three key areas to maintain or improve happiness or health: i) resilience building, ii) diagnosis and iii) fixing. pirkx’s flexible services offered include unlimited private GP appointments, 24/7 counselling and mental health resilience training - and much more!

🌏 Why: There are 3.9 billion workers globally and only 9% have access to workplace benefits. Moreover, demand for wellbeing continues to grow with drivers including stretched public health provision, cost of living pressures, increased mental health awareness and workers having higher expectations following their transition from full-time roles to more non-traditional roles.

👩💻 Customers: pirkx levels the playing field for gig-economy workers and freelancers, contract workers and SMEs. 

👉 If you know any companies whose workers have historically been excluded from receiving benefits (or with distribution to them), comment below or contact Stella above!

#earlystage #startup #employeebenefits #wellbeing #venturecapital

The Financial Times Adviser recently highlighted that only 17% of advisers believe their clients are interested in startup investing, whereas 45% of investors surveyed would like to “explore early stage companies.”

The article also highlights the breakdown of tax efficient products advisers say they recommend to clients.

👉 90% advise on pensions and Individual Savings Accounts (ISAs)
👉 35% advise on Venture Capital Trusts (VCTs)
👉 27% advise on Enterprise Investment Schemes (EIS)

Considering the “perception gap” that the article highlights and products which advisers currently recommend, could there be more capital funnelled into VCTs and S/EIS in the coming years? Especially when investors are faced with “high inflation, frozen tax thresholds and reasonable returns on cash” as Jessica Franks from Octopus Investments states.

Some interesting stats in this one! Check out the full article below. 👇

https://lnkd.in/gKiD3Agf

We’re delighted to share that we came away from the Growth Investor Awards last night as 'One to Watch' for Best EIS Investment Manager - Up and Coming Award! 🏆

As the youngest fund of the nominated finalists in this category we were happy to have been recognised in this way amongst a number of long-standing and incredible funds, especially in such a short time period having also won the Best EIS Investment Manager - New Entrant Award last year.

A huge thanks to the Growth Investor Awards, the event sponsors and all our community for being part of the journey. 💙

Huge news!

🙌 The Enterprise Investment Scheme and Venture Capital Trust reliefs will be extended to 2035.

👏 Well done to Christiana Stewart-Lockhart, all the Enterprise Investment Scheme Association (EISA) team, Philip Hare & Associates LLP and everyone else involved for their hard work ensuring a substantial increase in the clause by a decade!

🌱 The statement has been very welcomed by the UK early stage investment industry. Both founders and investors can plan their finances more effectively and in return help the UK economy grow and flourish.

The next stop would be to abolish the sunset clause altogether and, as Nick Hyett, CFA of Wealth Club highlights in Investment Week, the abolishment could have avoided a repeat of the uncertainty in a decade's time.

Others believe the government could make such schemes permanent as a "demonstrable example of greater flexibility that the UK now has outside of the EU regulatory orbit" (Jason Hollands, Bestinvest CEO).

🤼 The extension in tax relief has come at a time when the government continues to wrestle inflation down to 4.6% (Oct 23) from 6.7% (Sep 23), and from a high of 11.1% (Oct 22).

📉 The Office of Budget Responsibility predicts inflation to fall to 2.8% by the end of next year, and to hit the Bank of England’s target of 2% in 2025. Check out Sapphire Capital Partners LLP recent publication for more on the announcements. Link in the comments.

#eis #earlystageinvesting #venturecapital #budget

A huge thank you to all of our investors, founders and wider ecosystem for celebrating another phenomenal year at the Love Ventures Community Jamboree!  🙏 

A massive round of applause to three of our portfolio companies who presented:

Dr. Kate Jarvis of Fifth Dimension AI, the one stop shop of AI-driven automation for real estate.

Nigel Purves of Wayhome who are reinventing homeownership perspectives and;

Lisa Scott of Banked :, the global payments network built on modern banking rails.

Thank you for your thought leadership and contributing to a better world 🌍 ! Here's to an awesome twelve months! Now on to the next twelve including a bigger, better, bolder Jamboree in 2024!

We're really looking forward to the 2023 Growth Investor Awards this Thursday where Love Ventures has been named as a finalist for the Best EIS Investment Manager – Up and Coming Award! 🏆
 
These awards celebrate the role of the UK startup investment community in job and wealth creation, focussing on impact beyond investment. 💫
 
With a growing team and an awesome portfolio that's making great strides across FinTech, PropTech and ConsumerTech, we’re really pleased that our growth journey continues to be recognised in this way, having come away with the New Entrant Award last year. 
  
Best of luck to the other finalists ahead of the gala. Thank you for your support and if you’re there on the night, then come and say hi to our team! 🙌 

#LoveVentures #FinTech #PropTech #ConsumerTech #GIAwards23
#impactbeyondinvestment

Our portfolio company Residently is building the next generation Operating System for home rentals. It’s disrupting the $2.6tn home rental industry to digitise and automate the rental lifecycle to the benefit of agents, managers, owners and renters. 🏡 

The company's product offering continues to evolve into the single source of truth for rental data. This is something that the institutional segment of the UK market lacks with its tech stack, currently consisting of a patchwork of disconnected point solutions and legacy Property Management Systems. 🧩

One of the key contributors to its mission is its team, led by Shareq Husain as CEO alongside an all-star crew of engineers, data analysts and operations experts. 

Hot off the press, click below to read about Shareq discussing all things Residently, from renter experience, leveraging AI to optimise the leasing and resident management sector and exciting upcoming product features in its Spotlight Interview for the UK PropTech Association. 🗞️
  
https://lnkd.in/eYH2XmRd

Top of the charts! 👊

Congrats to Liam and the whole Detected team on the latest milestone as they continue on their mission to become the industry standard for KYB.

Recognition like this is great and massively deserved, though what's even more impressive is the work that goes into this behind the scenes including the team signing an agreement last month to provide their core product to a global payments business which has over $12bn revenues.

Keep up the stellar progress team Detected!

Marcus Love, Alice Knibbs & Bill Corfield are excited to be attending Slush this year for the first time on behalf of Love Ventures! ⚡️

We’re very much looking forward to connecting with founders, industry experts and investors throughout the week in Helsinki.

With so many side events, it’s hard to know which to choose! Let us know which events you’re attending in the comments. 👇

UK:CO:LOVEVENTURES

Love Ventures VC Ltd

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