All about the Haatch SEIS Fund

Haatch was founded by Scott Weavers-Wright and Fred Soneya. The two met at, an online baby care retailer co-founded by Scott, which became one of the UK’s largest e-commerce businesses and was acquired by supermarket Morrisons for £70 million in 2011. Whilst at Kiddicare, Scott and Fred ran the Kiddicare start-up program, working with selected start-ups, three of which achieved exits in excess of $1 billion.

This experience led to an angel co-investment joint venture, Haatch Angel, in 2013 which in 2018 became Haatch Ventures.

The Haatch SEIS Fund invests in a portfolio of 10-15 pre-seed technology companies. The managers state that they invest in less than 5% of companies that they review and have established a well-defined strategy based on experience from the team’s personal successful entrepreneurial exits and over 70 investments across the last 10 years.

The fund invests in sectors the managers know well including Pre-Seed & Seed companies in B2B software, software-as-a-service, on-demand, gig-economy and digital consumer businesses solving deep pains and/or creating massive impact for organisations.

Post investment the Haatch team aim to add value by leveraging their experience and network to help in problem solving and opening doors.

Top-performing businesses from within the SEIS portfolio may receive follow-on investment from the Haatch EIS fund, not guaranteed.


Fund Manager: Haatch Ventures
Tax Efficiency: SEIS
Sector Focus: B2B software, software-as-a-service, on-demand, gig-economy and digital consumer
Stage Focus: Pre-Seed and Seed
Target Portfolio Size: 9-15 companies
Minimum Subscription: £10,000
Closing Date: Currently closed
Website: Learn more about the Haatch SEIS Fund

Pros & Cons

Pros: Companies the fund invests in benefit from the network and experience of the fund managers who were successful entrepreneurs. Companies pay no fees.

Cons: The performance fee of the fund is higher than elsewhere combined with having a lower hurdle rate.


Full initial fee: 10%
Annual management fee: nil
Administration fee nil
Performance fee: 25% of returns to investors if the ROI is over 1x but up to 5x subscribed amounts, and if ROI is equal to or greater than 5x 30% of the excess of returns above 5x subscribed amounts. Fees are charged on a whole portfolio basis.

How does SyndicateRoom's Access EIS Fund compare?

By comparison, SyndicateRoom's Access EIS fund builds investors a large portfolio of 50+ companies across all sectors, co-investing with experienced angel investors who have an average IRR of 42%. Our model is based on our proprietary analysis of the UK startup market, which showed that on average, the market grows by 28% each year. With large portfolios, and a large network of angels providing access to the best deals, earlier, we aim to replicate that annual growth for our investors while mitigating risk. This data-driven approach aims to work around the limitations of a single fund manager attempting to pick winners.

Our minimum investment is £5,000.

Fund Manager: SyndicateRoom
Tax Efficiency: EIS
Sector Focus: Sector Agnostic
Stage Focus: Early-stage
Target Portfolio Size: 50+ companies
Minimum Subscription: £5,000
Closing Date: Evergreen
Website: Learn more about the Access EIS Fund
Please note: SyndicateRoom is not affiliated with Haatch Ventures. This page is for informational purposes only, and is the result of research conducted by SyndicateRoom. Whilst every effort has been taken to ensure accuracy at the time of publication this cannot be guaranteed and information is liable to change. Information displayed is neither a recommendation to invest or not, nor advice. With investments, your capital is at risk. SyndicateRoom is not responsible for the content of any external websites linked to from this page.

Are you the fund manager? Email [email protected] with any comments or amends.