MP

Michael Pennington

Europe, England, United Kingdom, London

Description

Michael Pennington stands out as one of the United Kingdom's most prolific and influential angel investors, primarily focusing on disruptive technology companies at the pre-seed and seed stages. Based in London, he has built a reputation for identifying and nurturing innovative startups across a diverse range of sectors, including B2B SaaS, artificial intelligence, FinTech, Deep Tech, Health Tech, and the Future of Work. Pennington is known for his hands-on approach, often providing strategic guidance and leveraging his extensive network to support his portfolio companies beyond just capital.

His investment philosophy centers on backing strong founding teams with ambitious visions and clear market opportunities within the UK. Pennington's commitment to the early-stage ecosystem is evident in his impressive track record, having made over 60 angel investments by 2022. This consistent activity underscores his belief in the transformative potential of nascent technologies and his dedication to fostering the next generation of UK tech leaders. He frequently participates in follow-on rounds and collaborates with other angels and early-stage venture funds.

Typically, Michael Pennington's first check sizes range from approximately $75,000 to $300,000, positioning him as a significant early capital provider for promising ventures. While these figures represent his individual contributions, he often co-invests as part of larger syndicates, enabling companies to secure more substantial seed rounds. His active involvement and strategic insights make him a highly sought-after angel, particularly for founders seeking not just funding, but also experienced mentorship and operational support to navigate the challenges of early-stage growth.

Investor Profile

Michael Pennington has backed more than 32 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 3% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Undisclosed rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, Germany.
  • Strong thematic focus on SaaS, Software, Information Technology.
  • Typical check size: $75K – $300K.

Stage Focus

  • Seed (56%)
  • Pre Seed (38%)
  • Undisclosed (3%)
  • Series Unknown (3%)

Country Focus

  • United Kingdom (69%)
  • United States (9%)
  • Germany (6%)
  • Denmark (3%)
  • France (3%)
  • Colombia (3%)
  • Nigeria (3%)
  • Ireland (3%)

Industry Focus

  • Saas
  • Software
  • Information Technology
  • Financial Services
  • Fintech
  • Payments
  • E-commerce
  • Artificial Intelligence (Ai)
  • Cyber Security
  • Supply Chain Management
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Michael Pennington frequently co-invest with?

Seedcamp
Europe, England, United Kingdom, London
Co-Investments: 13
Basecamp Fund
North America, New York, United States, New York
Co-Investments: 1
FinTech Collective
North America, New York, United States, New York
Co-Investments: 2
2 | Twelve
North America, California, United States, San Francisco
Co-Investments: 1
Swiss Founders Fund
Europe, Sankt Gallen, Switzerland, Saint Gallen
Co-Investments: 1
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 1
Point Nine
Europe, Berlin, Germany, Berlin
Co-Investments: 2
LocalGlobe
Europe, England, United Kingdom, London
Co-Investments: 4
Triple Point Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
Notion Capital
Europe, England, United Kingdom, London
Co-Investments: 2

Which angels does Michael Pennington often collaborate with?

DO
Europe, England, United Kingdom, London
Shared Deals: 2
CD
Europe, England, United Kingdom, London
Shared Deals: 2
Joeri van Geelen
Asia, United Arab Emirates
Shared Deals: 1
PF
North America, Massachusetts, United States, Cambridge
Shared Deals: 4
WN
Europe, England, United Kingdom, London
Shared Deals: 8
MC
Europe, England, United Kingdom, London
Shared Deals: 2
SC
Europe, England, United Kingdom, London
Shared Deals: 3
MR
Europe, England, United Kingdom, London
Shared Deals: 3
TH
Europe, England, United Kingdom, London
Shared Deals: 2
IH
Europe, England, United Kingdom, London
Shared Deals: 4

What are some of recent deals done by Michael Pennington?

Hubflo

Paris, Ile-de-France, France

The all-in-one client management suite

CRMEnterprise Resource Planning (ERP)Project ManagementSaaSSoftware
SeedSep 8, 2023
Amount Raised: $2,141,442
Sidekick

London, England, United Kingdom

Sidekick offers expertly-managed portfolios for the modern investor.

FinanceFinancial ServicesPersonal Finance
Pre SeedOct 27, 2022
Amount Raised: $3,850,811
FUEL

Berlin, Berlin, Germany

FUEL platform enable creators to launch, manage, and grow their NFT collection using a broad range of tools.

BlockchainContent CreatorsInformation Technology
Series UnknownMay 12, 2022
FUEL

Berlin, Berlin, Germany

FUEL platform enable creators to launch, manage, and grow their NFT collection using a broad range of tools.

BlockchainContent CreatorsInformation Technology
Pre SeedMar 29, 2022
Amount Raised: $1,663,729
Konfir

London, England, United Kingdom

Konfir is a B2B SaaS platform that provides instant employment and income verifications for UK-based workers.

B2BInformation TechnologySaaS
Pre SeedMar 15, 2022
Amount Raised: $2,087,089
Klump

Lagos, Lagos, Nigeria

Klump offers flexible payment plans that give users the opportunity to purchase a desired product or service.

E-CommerceFinancial ServicesPayments
Pre SeedMar 9, 2022
Amount Raised: $780,000
Kolleno

London, England, United Kingdom

Kolleno is a financial operations platform that brings together receivables, payables, payments and reconciliation - all in one place.

AccountingArtificial Intelligence (AI)FinTechMachine LearningPaymentsSaaSSoftware
SeedMar 8, 2022
Amount Raised: $5,239,449
Klasha

San Francisco, California, United States

Global trade, local payments.

Information TechnologyPayments
SeedOct 6, 2021
Amount Raised: $2,400,000
Medusa

Copenhagen, Hovedstaden, Denmark

Building blocks for digital commerce.

Developer APIsDeveloper ToolsE-CommerceOpen SourceSoftware
Pre SeedJul 7, 2021
Amount Raised: $950,000
Hometree

London, England, United Kingdom

Hometree specializes in residential energy services, assisting homeowners in their transition to low-carbon living.

Customer ServiceEnergy EfficiencyHome ImprovementHome Services
UndisclosedJul 1, 2021
Amount Raised: $16,510,846