The QVentures Pre-Seed SEIS Fund
The QVentures Pre-Seed Venture Fund aims to build a portfolio of early-stage technology companies that are SEIS eligible. The team focuses on backing domain experts that are addressing growing opportunities in large addressable markets and who have a clear path to profitability or exit.
The main criteria the team keeps in mind when conducting due diligence is laid out below:
- Next-generation technology companies addressing the problems of tomorrow.
- Most likel working on Marketplaces, Consumer Tech, or Enterprise SaaS
- High-quality management teams with articulate, innovative, and passionate founders.
- Opportunities in large and growing addressable markets.
- Clear path to profitability or exit.
- Valuations £500k to £4m.
- Sourced from its bespoke network of co-investors.
Once the fund has invested in a business the QVentures team work closely with the companies founders to plan out key milestones in launching their products, building early user traction and working towards follow on rounds.
Summary
Fund Manager: | QVentures |
Tax Efficiency: | SEIS |
Sector Focus: | Marketplaces, Consumer Tech, Enterprise SaaS |
Stage Focus: | Pre-seed |
Target Portfolio Size: | 10-15 companies |
Minimum Subscription: | £50,000 |
Closing Date: | Currently closed |
Website: | The QVentures Pre-Seed SEIS Fund |
Pros & Cons
Pro: A large network from which to source investment opportunities and a detailed due diligence process. On the lower side of fees for investors.
Con: High fees for companies leads to less working capital available to build the business.
Fees
Full initial fee: | nil |
Processing fee: | 0.1% |
Administration fee | 1% per annum |
Dealing fee: | Charged on disposal of company shares (£350 ÷ no. Investors) + £2.50 |
Performance fee: | 25% |
Investee company fees
Subscription: | 5% |
Annual monitoring: | 2% |
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.