I am the founder and general partner at Haatch Ventures LLP which has recently been named as one of the top 20 funds in Europe – we are now backed by 900+ professional high nett investors in the combined funds we operate.
Haatch Ventures LLP was created to enable investors to invest alongside me to benefit from the team’s knowledge and experience of investing in disruptive UK technology whilst taking advantage of significant tax reliefs under the SEIS & EIS schemes.
I’m surrounded by exceptional people which include the founding partner “Fred Soneya” and partners; Mark Bennett and Simon Penson – we keep things pretty simple; we back amazing people and ideas which disrupt industries.
To date, the approach has produced market-leading returns with an average ROI of 5.60x (based on the 3rd party data).
We now have 70+ scale-up technology businesses within the portfolio with ambitions to reach 150+ companies by the end of 2025.
We run multiple SEIS pre-seed / seed funds alongside our EIS follow-on fund structure;- during the 2023/24 tax period our SEIS funds will invest into 30+ qualifying disruptive companies with an average cheque size of £350,000
The EIS structure is expected to close up to 4x EIS funds during this period and invest into approximately 16 EIS disruptive companies with an average cheque size of £500,000 and our follow-on funds will invest £1m+ into existing portfolio businesses.
We are “smart” money and generally take a seat on the board to mentor and minimise mistakes during their exceptional growth.
The rate of technology-enabled disruption accelerated exponentially in the post Covid world is extraordinary and make no mistake the world has changed. The next phase of disruption will evolve around an explosion in electric cars, 5G, remote working, IoT for the connected home; all powered by founders willing to jump into the pan to create businesses.
AUM is expected to hit £50m+ during the 2023/24 tax year.
Haatch Angel
I started investing into technologies startups in 2013 and quickly expanded my portfolio under the umbrella brand Haatch Angels.
My fund was always targeted at early-stage disruptive companies but with the strict guidance of only investing into founders I personally knew and or worked with.
This strategy thesis has repaid me 10x over and 276x if you include Elevaate….!
My investment focus has been primarily within the SaaS and retail technology verticals however this has expanded to cover B2B SaaS, Pro-Consumer, On-Demand, Gig Economy and Digital Consumer but the biggest rewards are within the SaaS B2B space
Haatch was co-founded with Fred Soneya on the back of the hugely successful technology start-up program at Kiddicare.com which I championed.
As part of this transformational programme we selected 10+ digital start-ups based in around Silicon Valley & NYC for the Kiddicare.com platform – in return I/we championed their solutions and became a reference site in Europe.
Technology disruptors such as; Endeca, Powerreviews, Liveclicker, Hooklogic and many more; implemented as part of this programme have since been acquired for in excess of $3.5 billion by IBM, Oracle, Salesforce and Criteo etc.
We know how to select early companies and brilliant founders – the trick is the sell them.
Haatch Desks
Haatch Desks provides world-class, cool, flexible, all-inclusive co-working and private spaces in Stamford and Peterborough primarily for our venture investment programme.
With occupancy at 80% the business has ambitions to add an additional 40,000 sq foot to achieve 1000+ seats over the next few years.
Haatch Desks offers Hot Desks, Resident Desks, Private Offices and Meeting Rooms in fully inclusive, cool and inspiring environments!
Haatch Desks was launched to create an awe-inspiring environment for digital entrepreneurs to create and launch companies without the hassle of long leases and un-inspiring offices.
Coupled with our investment businesses; Haatch Desk environments have become technology incubators and a really amazing place to pitch up.
Haatch Desks is based around the entrepreneur in residence scheme and has seen technology exits of $42m over the last 24 months from residential hot desk customers…!