
Conviction VC
Description
Conviction VC is a London-based venture capital firm specializing in providing patient capital to early-stage, high-growth B2B SaaS businesses across Europe and the UK. Founded by Andrew Parker, the firm distinguishes itself through a long-term partnership approach, aiming to support its portfolio companies beyond just financial investment. They focus on businesses demonstrating strong product-market fit and significant growth potential within the B2B software sector, emphasizing a deep understanding of the operational challenges faced by early-stage companies.
The firm's investment strategy is centered on being a hands-on partner, leveraging their deep operational experience to assist founders in scaling their ventures. Conviction VC typically invests from the Seed stage through Series A, seeking to be the first institutional capital or a significant early participant. Their commitment to patient capital means they are prepared to support companies through various growth phases, offering strategic guidance, access to networks, and operational expertise to help navigate the complexities of scaling a B2B SaaS enterprise.
Conviction VC's typical initial investment ranges from £500,000 to £2,000,000, which translates approximately to $625,000 to $2,500,000 USD based on recent exchange rates. This flexible check size allows them to engage with a diverse range of early-stage opportunities. The firm maintains an active investment pace, typically adding 5 to 7 new companies to its portfolio each year. To date, Conviction VC has invested in over 20 companies, building a concentrated portfolio of promising B2B SaaS innovators. Their focus remains on fostering sustainable growth and creating significant value for their founders over the long term.
Investor Profile
Conviction VC has backed more than 34 startups, with 3 new investments in the last 12 months alone. The firm has led 8 rounds, about 24% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United Kingdom, United States, Belgium.
- Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
- Typical check size: $625K – $2.5M.
Stage Focus
- Seed (44%)
- Series A (35%)
- Series Unknown (9%)
- Series B (3%)
- Series F (3%)
- Series D (3%)
- Series E (3%)
Country Focus
- United Kingdom (41%)
- United States (26%)
- Belgium (9%)
- Israel (6%)
- France (3%)
- Germany (3%)
- Norway (3%)
- Croatia (3%)
- Ireland (3%)
- Sweden (3%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Information Technology
- Machine Learning
- Saas
- Enterprise Software
- Analytics
- Fintech
- Generative Ai
- Banking
Frequently Asked Questions
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