23 Mile Fund

Investor - Incubator

Overview

TwentyThreeMiles is a UK-based fund that invests in tech start-ups with cash, accommodation, mentoring and raising follow on finance. It is a private fund based in Middlesbrough, and is funded by international tech firm Clicksco.

Country: United Kingdom

Founded: 2013

Headquarters: Middlesbrough, United Kingdom

Investment Strategy

Geography

  • Europe

Sector Focus

  • WealthTech

Investment Stage

  • Seed

Summary

Founded in 2013, 23 Mile Fund was founded by partners which included the global technology group Clicksco.

The firm looks to invest in talented teams, and gives them a full corporate wrap that will take them from startup to a cash generating business within the space of 6 months.

Their most recent FinTech investment came in 2015, when they seed invested in the also UK-based WealthTech startup Smart Money People.

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Investments

Date

Name

Size

Round

Co-Investors

Sector

Country

July 2015

Smart Money People

$0.23m

Seed

WealthTech

United Kingdom

Key Employees

Paul Callaghan
Director & Founder