Draper Espirit
Investor - Venture Capital
Overview
Draper Esprit is a UK-based VC fund that invests into FinTech companies at the early and growth stages, predominantly in Europe. The firm counts FinTech companies Crowdcube and Miura Systems among its investments.
Country: United Kingdom
Founded: 2005
Headquarters: 20 Garrick Street, London, WC2E 9BT
+44 (0)20 7931 8800
Investment Strategy
Geography
- North America
- Europe
Sector Focus
- Funding Platforms
- Payments and Remittances
- Infrastructure and Enterprise Software
Investment Stage
- Early Stage Venture
- Growth Stage
- Series C
Summary
Draper Espirit are a VC fund whose stated aim is to back European founders and help them scale globally.
The firm was founded in 2005 and is based in London with additional offices in both Dublin and Cambridge.
In June 2017, the firm announced they had raised excess of $200m for a new European tech fund. In the announcement the firm said that, unlike traditional funds whereby investments are made over a 5-year period, that they would instead invest the entire fund over the course of a single year. The fund’s capital comes from both an an over-subscribed placing from new and existing institutional investors, as well as its its EIS, VCT and secondary co-investment fund platforms.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country
RavenPack
Venture
Infrastructure & Enterprise Software
United States
Crowdcube
Series C
Numis
Funding Platforms
United Kingdom
Miura Systems
Growth Stage
Payments & Remittances
United Kingdom
Funds Raised
Vintage
Fund Name
Amount
European Tech Fund
$206m
Key Employees
Simon Cook
Co-Founder & Partner
Stuart Chapman
Co-Founder & Partner
Brian Caulfield
Partner
Nicola McClafferty
Investment Director
