The Founders’ First Round Fund

An Overview

Seedcamp is a Founder’s First Round Fund.

We invest smart capital into pre-seed and seed stage startups,

providing up to €200k and a lifelong platform of Learning,

Network and Capital to support the most ambitious Founders.

Most Active Seed Investorsbacking European founders since 2007

25Seed deals

(all operational)

167Pre-seed deals

12Acquired

113Operational

42Shut down

192Total companies

Investor of Choice all across Europe

+ ROW (Turkey, Jordan, Israel, Hong Kong, USA)

Some of our recent portfolio successes

in January 2015

$58M Round led by

The clever new way to beat bank fees. Banks charge huge hidden fees when you send

money abroad. With TransferWise you save up to 90%. Problem solved, money saved.

£5.2M Round led by

Property Partner uniquely combines residential real estate crowdfunding with a secondary exchange upon which investors can trade their holdings.

in March 2015

in February 2015

acquired by

Totems offers a marketing suite for brands on Instagram. It enables its users to discover,

understand, and measure their Instagram presence.

$8M Round led by

FishBrain is the world's largest community-based fishing app. Join other anglers in your area and contribute to the worlds smartest local fishing

forecasts.

in July 2015

Funding

Exits

Our Investment Strategy

Seedcamp’s strategy is to invest in early stage companies across:

1. Pre-seed: Seedcamp invests up to €75,000 in exchange for up to 7% equity. We are usually the sole investor at the pre-seed stage.

2. Seed: Seedcamp invests up to €200,000 in initial investment. Our general strategy is not to be the lead investor for such deals but rather to invest in rounds with a lead investor.

Follow-on Strategy:Seedcamp follows-on in approximately 25% of the deals. The Strategy is to follow-on in up to two rounds after the initial Seedcamp investment. As we always invest at the seed stage, this means that we can potentially follow on up to the Series B.

Our Unique Approach

A Global Network

We support the most ambitious Founders by offering them a lifelong platform structured across:

Continuous Learning

Access toSmart Capital

The NetworkSeedcamp’s LPs and mentors are a powerful network of founders,

operators and investors that support our portfolio companies and provide a fantastic source of

potential deal flow.

We connect the amazing capabilities of our network of

Mentors and Investors with our Founders to shape and grow their businesses. This Network critically ties Learning and Capital together.

Mentors – 1000 Operators (World’s most successful technology

Entrepreneurs and Operators)

and 500+ Investors (Angels, VCs, Corporates, Crowd)

Barry SmithSkyscanner

Shakil KhanSpotify

Ed WrayBetfair

Eric RiesThe Lean Startup

Robin KleinAngel / TAG

Fred WilsonUSV

Christopher JanzPoint Nine

Danny RimerIndex Ventures

The Learning

Elite founders know that from Startup to Growth and beyond,

they will always be learning. The Seedcamp Academy

provides a learning platform that helps our Founders access the

billion-dollar playbook of our Mentors to help them reach Product-Market fit, Traction,

Growth, and Scale.

Academy6 hours of masterclass sessions every month

Focus on: Product, Marketing, Fundraising,

Company Building

Office Hours8 hours of

1:1 sessions every weekGet feedback on specific problems and go deeper

into finding solutions

John Collision Founder

David ButtressCEO

Fred DestinPartner

Andy AshburnerSenior Product Designer

Rachael PettitUK Marketing Lead

Jalin Somaiyaex Google executive

Selected mentors who joined us over the past 2 months

The Capital

Capital is the great enabler in building hugely successful

businesses. From our own capital to accessing world-class capital,

our Founders raise capital at each stage from Seed to Growth from the best investors in the world. They raise bigger rounds faster

with better terms.

$350 MillionTotal funding raised by Seedcamp

companies since 2007

Some of the top VCs our companies are raising from

Our LPs

CONFIDENTIAL

Biggest European VCs back Seedcamp

CONFIDENTIAL

HaysFTSE 250 Index British recruitment and HR services firm with revenue

exceeding £700M

YandexRussian Internet company that

operates the fourth largest search engine in the world with revenue

exceeding £675M

Foley & Lardner LLPInternational law firm ranked as

one of US’ top 100 law firms with revenue exceeding $600M

Bertelsmann Digital Media Investments

Venture arm of the Bertelsmann Group, the German multinational

mass media corporation with revenue exceeding €16Bn

Fidelity Growth Partners EuropeVenture fund of Fidelity Investments, the American multinational financial services corporation with revenue

exceeding $13Bn

Some huge Corporates also

DC Thomson & CoScottish publishing companythat is best know for Sunday

Post and the Evening Telegraph

A Growing European Startup Ecosystem

Accelerating EcosystemUniversities attract talent (UCL, Oxford, Cambridge, Zurich, INSEAD, LBS…)

Events (Tech Crunch Disrupt, Web Summit, Slush, Pioneers…)

Accelerators (Over 100 in Europe…), Government incentives…

Talent - Experienced talent around key functions - Product, Growth, Marketing

Accelerating EcosystemAngels - Successful entrepreneurs re-invest their knowledge and money

VCs - Germany, the UK and Israel were ranked the 6th, 7th, 10th most active Venture Capital Investment hotbeds globally (by total amount invested)

Finally! Exits - Unruly Media (£114M), Deepmind (£400M), king.com ($5.9B)

Smart Government - R&D, Tax breaks, Visas

Operator Angels

Shakil KhanSpotify

Ed WrayBetfair

Christophe MaireAtlantic Labs

Russell BuckleySpring Partners

Jan ReichertMendeley

Taavet HinrikusSkype/Transferwise

Errol DamelinWonga

Barry SmithSkyscanner

Government Incentives SEIS and EIS provides 50%/30% income tax relief for Angels

R&D tax credits for companies w/<500 employees is 225% - UK

Patent Box Scheme lowers corporation tax to 10% on profits from the exploitation of and IP in UK

(INVEST) subsidies for angel investment

French Tech Ticket - Startup Visa packaged with a €12,500 - €25,000 grant, free office space and an English speaking advisor

We’ve come a long way!

40+ Unicorns produced in Europe

8 years to reach the billion dollar club

Raised $140M to reach a $2.1B valuation on average

31% Fintech, 77% Consumer focused

London: European Tech Capital

London: On Hyper Drive

Highest number unicorns in Europe since 2000 (17)

VC funding totalled $1.4B in 2014, 2x on 2014, and more than 10x in 2010. Q1 2015 saw a 66%

increase Q on Q at $682M

Ranked number 1 most powerful city in the world in the

Global Power City Index

London: On Hyper Drive

Comprehensive support - Tech City, Accelerators, World class events, US VCs, 25+ VC firms, Universities, Global Corporates

US size exits Deepmind acquired by Google for £400M, Unruly

Media £114M acquisition by News Corp, Just Eat £1.5B IPO,

king.com $5.9B acquisition by Activision

Exits

Where are the Hot Startups Starting?

Fintech

London’s intrinsic financial and property sectors act as a magnet and pool of talent for technology to be a huge disruptor

UK Fintech investments increased 136% in 2014 from previous year to $623M

London: £37.5M raised by TransferWise (2010), £64.8M by World Remit (2010) and £95M by Funding Circle (2010)

Fintech

Berlin: $258M raised by Zencap (2014), $34.1M by Saving Global (2009), $22.3M by Lendico (2013) and $10.6M number26 (2013)

E-commerce + Marketplaces

Berlin: fashion e-commerce with $16.8M Lesara (2013), furniture retail with $134M by Home24 (2009), food e-commerce with $100M by FoodPanda (2012), auctions with $45M by Auctionata (2012) and eyewear with $40M by Mister Spex

(2007), DeliveryHero

E-commerce + Marketplaces

London: e-commerce has remained very active and saw fashion coming out as one of the dominant trends with $40M raised by Lyst (2010) and $86M by

Farftech (2007), $100M Deliveroo (2015)

But also travel with $60M raised by Secret Escapes (2010), hospitality with $40M raised by Onefinestay (2009), beauty with $73M raised by Wahanda (2009) and

retail with $60M raised by Made.com (2010)

Cyber Security

Among the biggest trends in Israel

Several high profile investments including $22M raised by Illusive Networks (2014), $25M Series B + $59M Series C by CyberReason (2012), $16M by BigPanda (2012), $26M by

Argus Cyber Security (2013), $10.8M by Windward (2010), $30M by Adallom (2012), $12M by Zimperium (2010) and $18M by Team8 (2013)

Saas/Enterprise is very BIG

Platform Hunting

Europe does not have a platform company – we lack the $50B+

tech giants like Facebook, Google, Amazon, Pinterest…

We remain too fragmented. Too many regional players that never capture

Europe or get global scale

VCs remain too regional – compete rather than join forces

Fintech – Focus in both UK and Germany could make Europe the

birthplace of a global fintech platform. Or Blockchain, Messaging, others…..

Major US platforms

Fund IV

Join investors from UK, Europe, Russia, China, USA

Thank you