Big ambition, precisely executed.
VC has become the default path for entrepreneurs building emerging technology companies. It is not the right fit for most.
For the small handful of founders who have the ambition and legitimate opportunity to build the next > USD 100bn company, times have never been better; more capital than ever, better terms than ever and the convergence of large technology shifts which open up markets like never before. For the rest, the downside has not been steeper; big preference stacks, increased dilution, pressure to keep fundraising to absorb excess capital and heightened risks of divergence between founder and investor interests.
Ambitious entrepreneurs looking to build big businesses on their own terms and outside the mainstream VC track - and who might require ‘a little help’ along the way - have few options for investment partners, which is one of the reasons why we are seeing things like ‘seedstrapping’ becoming more mainstream among entrepreneurs.
Angle Capital is an investor in early stage technology companies. Our businesses tend to become commercially viable quickly after inception. We fund them once they have acquired their initial clients who are delighted with their products, and when they need a bit of capital to get to a point of optionality. We provide incremental growth capital after our initial investment.
We actively seek to work with very commercial, ambitious and aggressive individuals who are determined to control their own destiny and who want to work with a small handful of business partners who are aligned with their interests and engaged in their businesses.
We make few commitments and take our responsibility as a partner very seriously; we are fast to understand good business genetics, but take our time to get to know the founders. We dislike ‘speed dating’ and are unlikely to participate in a structured financing process.
We prioritise sales-led technology businesses that require minimal capital to start. Most of our origin stories start with founding teams building their initial products and finding early clients with zero outside capital. If mainstream funds have developed a thesis for an industry, we will probably not fund companies emerging from it.
We make initial investments from GBP 250k. We reserve more significant capital to support funding beyond that in the most promising businesses.
We invest in the UK and Benelux.
