Concept Ventures

Concept Ventures stands as the United Kingdom's largest dedicated pre-seed fund, playing a crucial role in the early-stage startup ecosystem. Based in London, the firm focuses exclusively on supporting founders at the very nascent stages of their entrepreneurial journey. In July 2023, Concept Ventures announced the successful close of its second fund, securing £50 million, equivalent to approximately $64 million USD. This significant capital raise underscores their commitment to bolstering the UK's pre-seed landscape and solidifies their position as a leading early-stage investor.

The fund's investment strategy is broad yet focused on software innovation. Concept Ventures is sector-agnostic, actively seeking out ambitious founders who are developing software solutions across any vertical or business model. Their typical initial investment ranges, with first checks going up to £750,000, which translates to roughly $958,500 USD. This allows them to provide substantial early capital to promising ventures. Beyond the initial investment, Concept Ventures also reserves significant follow-on capital, capable of investing up to £2 million in subsequent rounds to support their portfolio companies' growth trajectories.

Concept Ventures prides itself on being more than just a capital provider. The firm adopts a hands-on approach, offering strategic guidance, operational support, and access to a robust network of industry experts and potential partners. They are committed to fostering diversity within the tech sector, actively seeking to back founders from varied backgrounds and across different regions of the United Kingdom. Their dedication to nurturing early-stage software companies positions them as a pivotal partner for nascent startups aiming to scale and innovate within the competitive global market.