I · Capital

Money thatwaits for you.

We invest our own capital. There is no fund clock and no committee to persuade, and nobody else decides when your company has to be finished.

Four commitments

Specific enoughto hold us to.

Written down, because our founder once moved his family on an assurance that was not one. His story.

01

We look for revenue.

You should already be selling something to someone. We need evidence that a customer will pay, not a pitch about who might.

02

We come in first.

We want to be the first institutional investor on your register. That is when help changes the outcome most.

03

We take a real stake.

A meaningful position, not a token one. If we are giving you this much of our time, we should be properly aligned with you.

04

We stay close.

We attend our board seats, and we give you an operating team you can call. The portfolio is small on purpose.

A founder’s first year disappears into leases, payroll, filings and law. We take all of it, so you can build the thing only you can build.

A desk

Somewhere to work

An office and everything in it. In your first year you should not be negotiating a lease.

A team

People on the ground

Operations staff, so you are not also your own finance team and office manager.

The books

Accounts and law

Handled centrally, not billed by the hour to a company that cannot yet afford it.

The doors

Introductions

Direct access to decision-makers at large companies. The meeting itself, not a name in a spreadsheet.

The board

A board that turns up

Governance from people who have operated a company, not only invested in one.

The first hundred days

What the first ringlooks like.

  1. Day one

    Keys and a desk

    A place to work, a person to call, and your accounts, bank and company records taken off your list.

  2. Week one

    The machinery

    Our engineers set up mail, workspace, cloud and security with your team. Every account is in your company’s name.

  3. Month one

    The first doors

    Introductions to the enterprise buyers who matter to you, made by people who know them.

  4. Day ninety

    The first board

    A written review: what changed, what did not, what we got wrong. Then the plan for the next ring.

Before you write

We are the wrong investorfor plenty of good companies.

If you have no revenue yet

A pre-revenue company can be excellent and still not be one we can judge.

If you only want capital

If you would rather have money and space, a larger fund will serve you better. We will tell you so.

If the round is crowded

We prefer to be first. Our help makes the least difference when we are coming in beside four others.

Still the right fit? Write to us

NextTechnologyThe engine room behind every founder.