Startup Funding Club ranks high in PitchBook’s 2018 Global League Table
Startup Funding Club ranks in the Top 5 Most Active Angel & Seed Investors in the World in PitchBook’s 2018 Global League Table.
Last month, the team at Startup Funding Club was pleasantly surprised to discover that PitchBook had named the company #5 Most Active Angel & Seed Investor in the world in its 2018 Global League Table! And it does not end there – it has also been ranked #5 most active VC organisation in Europe across all categories and #3 in the UK & Ireland just behind Enterprise Ireland and Mercia Technologies.
This is a fantastic achievement and, given that SFC was relatively unknown outside of London only a few years ago, it is almost surreal to see the organisation listed alongside some of the finest early stage investors such as Y Combinator, Techstars or Speedinvest. The early stage investment firm initially started as a small angel club and has become the most active angel network in the UK, having been recognised as such by the UK Business Angels Association amongst others. SFC launched the first SFC fund in 2014 to leverage its angel network, and it has now grown to be one of the most active pre-seed funds in the UK (and in the world, apparently!), investing in over 40 companies per year.
The team’s strategy has always been to be “sector agnostic,” which allows SFC to look for great talent across all industries and irrespective of factors such as location, age, gender, or education. The team is very proud of the entrepreneurs it has backed and believes that this approach has allowed the firm to build a more diversified portfolio of startup investments than traditional venture investors, with companies ranging from Food & Drink brands to Satellite Technology.
The company has already seen some early successes in its portfolio such as Onfido, Screencloud or Cognism, which are leading the way for the next wave of startups that will be scaling up in 2019 – such as Transcend Packaging, Humanising Autonomy or Bloom Magic. SFC has achieved this in part thanks to its network of great co-investors, starting with the SFC angel investors who put their own cash where their mouth is and roll up their sleeves to support the companies that they invest in together. This up and coming firm is lucky to work with a great network of later stage VCs that provide the capital needed to scale up our investments.
It is worth noting that, although SFC relies heavily on the great SEIS and EIS tax relief schemes established by the UK Government, the company has achieved all of this without receiving any public money. This means that much like the startups it has backed, the organisation has had to generate its own income to build a sustainable business. By doing so, it has faced the same issues as most of its portfolio companies and can better understand their own challenges.
Startup Funding Club is thrilled to be recognised as one of the most active early stage investors globally. The company’s focus going forward is to deliver great returns to investors and help its portfolio companies achieve their ambitious exit plans. Additionally, the firm is looking forward to making some exciting announcements in 2019 and 2020 in this respect – watch this space!