The QVentures Pre-Seed Venture Fund aims to build a portfolio of early-stage technology companies that are SEIS eligible. The team focuses on backing domain experts that are addressing growing opportunities in large addressable markets and who have a clear path to profitability or exit.
The main criteria the team keeps in mind when conducting due diligence is laid out below:
Next-generation technology companies addressing the problems of tomorrow.
Most likel working on Marketplaces, Consumer Tech, or Enterprise SaaS
High-quality management teams with articulate, innovative, and passionate founders.
Opportunities in large and growing addressable markets.
Clear path to profitability or exit.
Valuations £500k to £4m.
Sourced from its bespoke network of co-investors.
Once the fund has invested in a business the QVentures team work closely with the companies founders to plan out key milestones in launching their products, building early user traction and working towards follow on rounds.
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| Fund Manager: | QVentures |
| Tax Efficiency: | SEIS |
| Sector Focus: | Marketplaces, Consumer Tech, Enterprise SaaS|
| Stage Focus: | Pre-seed |
| Target Portfolio Size: | 10-15 companies |
| Minimum Subscription: | £50,000 |
| Closing Date: | Currently closed |
| Website: | The QVentures Pre-Seed SEIS Fund|
Pro: A large network from which to source investment opportunities and a detailed due diligence process. On the lower side of fees for investors.
Con: High fees for companies leads to less working capital available to build the business.
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| Full initial fee: | nil |
| Processing fee: | 0.1% |
| Administration fee | 1% per annum|
| Dealing fee: | Charged on disposal of company shares (£350 ÷ no. Investors) + £2.50 |
| Performance fee: | 25% |
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| Subscription: | 5% |
| Annual monitoring: | 2% |
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.
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| 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 |
Are you the fund manager? Email tom@syndicateroom.com with any comments or amends.