All about the Jenson SEIS Fund
Jenson Funding Partners (JFP) who run the Jenson SEIS fund receive over 2,00 pitches a year for funding with only a handful making it through the process to ultimately receive it.
JFP looks for businesses with scalable business models run by ambitious entrepreneurs. They favour companies with momentum in addressing market gaps with innovative and disruptive technology.
Potential investee companies must make two presentations to the Jenson investment team with the first to the review panel and the second to the investment committee.
Post-investment, either a Jenson portfolio manager or a nominated non-executive director attends board and senior management meetings. Regular contact allows the team to monitor progress and provide support when needed, prepare companies for the next stage of growth as well as help avoid common pitfalls.
Jenson’s SEIS fund is somewhat unique in that it does not charge investors fees. Instead, the fund charges investee companies 9.5% of the amount invested.
Summary
Fund Manager: | Jenson Funding Partners |
Tax Efficiency: | SEIS |
Sector Focus: | Technology |
Stage Focus: | Pre-seed and Seed |
Target Portfolio Size: | 5-10 companies |
Minimum Subscription: | £10,000 |
Closing Date: | Currently closed |
Website: | Learn more about Jenson SEIS Fund |
Pros & Cons
Pro: Launched in 2012 the fund has now backed ~200 companies with some notable exits
Con: While no fees for investors is a good thing, it means the companies have less capital to put to work building the business.
Fees
Full initial fee: | nil |
Annual management fee: | nil |
Administration fee | nil |
Dealing fee: | nil |
Performance fee: | 35% |
Investee company fees
Initial fee: | 9.5% |
Due diligence fee: | nil |
Admin fee | nil |
About Jenson Funding Partners
Founded in 2012, Jenson Funding Partners has invested over £24 million in 135+ companies. It launched its first SEIS fund in 2012, making this one of the longest-running SEIS funds. To date it has 11 SEIS exits. Its EIS fund was created to offer follow-on opportunities for its SEIS fund companies.
How does SyndicateRoom's Access EIS Fund compare?
By comparison, SyndicateRoom's Access EIS fund builds investors a large portfolio of 50+ companies across all sectors, co-investing with experienced angel investors who have an average IRR of 42%. Our model is based on our proprietary analysis of the UK startup market, which showed that on average, the market grows by 28% each year. With large portfolios, and a large network of angels providing access to the best deals, earlier, we aim to replicate that annual growth for our investors while mitigating risk. This data-driven approach aims to work around the limitations of a single fund manager attempting to pick winners.
Our minimum investment is £5,000.
Fund Manager: | SyndicateRoom |
Tax Efficiency: | EIS |
Sector Focus: | Sector Agnostic |
Stage Focus: | Early-stage |
Target Portfolio Size: | 50+ companies |
Minimum Subscription: | £5,000 |
Closing Date: | Evergreen |
Website: | Learn more about the Access EIS Fund |
Are you the fund manager? Email tom@syndicateroom.com with any comments or amends.