Today we’re very happy to be announcing the launch of the Seedcamp AngelList Syndicate.
As an Acceleration Fund, Seedcamp sits in the ideal position of being able to accelerate our startups in impactful ways; including our learning platform – the Academy programme, providing regular access to our mentors, the investor network, the US Trip, and providing the needed capital to secure a startup’s immediate future.
One of the biggest measures of our success is access to the best and fastest follow-on funding for our startups from top investors. Therefore our view on the rise of crowdfunding, customer funding, accelerators, incubators, super angels, grants, micro VCs, VCs, corporates, PE, and marketplaces like AngelList, is to embrace all these developments for the best result for our startups.
We see part of our fundraising support role as helping our startups gain an unfair advantage by guiding them through this complex investment ecosystem, determining the best course of action at each fundraising moment. With the myriad funding options available, the path to success can take many forms, and with choice comes complexity. Some of our startups go from Seedcamp to Angels and VCs and beyond. Some come to Seedcamp after crowdfunding. Some do Seedcamp, Kickstarter, Incubators, Angels, and AngelList all at the same time. We work to help our startups make the most effective decisions fast so they can focus on what really matters – making customers happy and building their businesses.
Working closely with the AngelList team in Europe, we are leveraging their platform to further support Seedcamp startups. AngelList syndicates present a great complement for our startups to maximise the strength of our existing investor network as well as providing access to previously untapped Angel capital. This flexible structure provides a great way for accredited Angel investors who haven’t been able to join our Fund to co-invest alongside us in certain Seedcamp startups.
We launched a private Seedcamp AngelList syndicate a few months ago for the investment in TransferWise‘s most recent round, led by a16z. Seeing this successful result along with more of our startups wanting us to help them leverage AngelList, we are now opening the Seedcamp AngelList syndicate more broadly to qualified investors.
Accredited investors on the AngelList platform can sign up (for a minimum of $5k per deal) and have the option of backing the Seedcamp AngelList syndicate on a deal-by-deal basis. To-date we have more than 20 Angels backing the Seedcamp AngelList syndicate for roughly £175k ($260k) per company.
We’re excited by this opportunity and look forward to working together. If you’d like to find out further details about the Seedcamp AngelList syndicate, they can be found here. The second company we’ll be leading the syndicate for is Podo Labs – the world’s first stick and shoot camera.
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