Angel CoFund
Investor - Angel Investor
Overview
The Angel CoFund is a UK-based and government-backed investment fund which was founded in 2011 with an initial capital of £50m, eventually rising to £100m in 2013. Their investments into FinTech are exclusive to the UK.
Country: United Kingdom
Founded: 2011
Headquarters: Foundry House, 3 Millsands, Sheffield, S3 8NH
Investment Strategy
Geography
- Europe
Sector Focus
- Marketplace Lending
- RegTech
- Infrastructure and Enterprise Software
Investment Stage
- Seed
- Early Stage Venture
- Series A
- Series B
Summary
The Angel CoFund was setup in 2011 with the purpose of increasing the quality, and quantity, of angel investing throughout England.
Predominantly, investments are put into companies small to medium in size with a high potential for growth.
In 2011, the firm was initially supported by Capital for Enterprise Limited (CfEL), and Angel CoFund received a £50m grant. CfEL later became the British Business Bank, thus taking over control of CfEL’s funds, which included autonomy over the Angel CoFund, following which an extra £50m was added to the firm’s fund.
The firm typically invests between £0.1m and £1m to eligible SMEs.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country
Contego Fraud Solutions
Venture
Rainbow Seed Fund
RegTech
United Kingdom
mporium
Series A
Anthemis Group
Infrastructure and Enterprise Software
United Kingdom
mporium
Series A
Infrastructure and Enterprise Software
United Kingdom
EZBob
Series B
Hagshama Fund
Marketplace Lending
United Kingdom
Adventoris
Seed
Peter Armitage
Infrastructure & Enterprise Software
United Kingdom
Ebury
Venture
Envestors Limited
Infrastructure & Enterprise Software
United Kingdom
JustInvesting
Seed
Beacon Capital
Infrastructure & Enterprise Software
United Kingdom
EZBob
Series A
Markteplace Lending
United Kingdom
Funds Raised
Vintage
Fund Name
Amount
Regional Growth Fund
$158m
Key Employees
Timothy Mills
Investment Director
Paul Fauset
Senior Investment Manager
Anu Adebajo
Investment Analyst
