With a multi-trillion dollar valuation, the global Real Estate industry has been slow in embracing digital transformation. It remains one of the most document-heavy and data-filled industries, with enormous potential for automation and talent upskilling. 

This is why we are excited to back Fifth Dimension AI, a London-based startup on a mission to amplify the exceptional in real estate professionals. Coming out of a pilot phase, the company launched its flagship product Ellie, a first of its kind AI co-partner developed to improve productivity and amplify exceptional teams in industries that deal with a lot of documents and data. It automates time-consuming tasks such as data analysis and industry research, thus freeing people up to focus on bringing value to their business and fully using their expertise and insights.  

Founded in January 2023 by Johnny Morris and Dr. Kate Jarvis, Fifth Dimension AI leverages their wealth of expertise across real estate, finance, and technology. Dr. Kate Jarvis, a large language model wizard with a PhD in Linguistics from Stanford University, has spent over a decade designing Machine Learning-powered products and bringing them to market. Johnny Morris brings more than a decade of real estate experience, in roles such as Chief Operating Officer at Wayhome and Analytics Director at Countrywide. The founders believe that Large Language Models (LLMs) can unlock the exceptional in people, taking away the time-consuming and often boring task of reviewing large quantities of information locked away in disparate documents, and instead producing outputs in a fraction of the time. 

Dr. Kate Jarvis, Co-Founder & CEO of Fifth Dimension AI, comments, “This investment is a testament to the recognition of Ellie’s ability to redefine the world of work beginning with the real estate industry. We solve the issue of lifting employees out of time-consuming, repetitive and boring work, working with natural language that is designed to ensure people from all backgrounds can use it in the way that is most productive for them. Ellie empowers knowledge workers to do their best work and lead happier, purposeful, and more fulfilled lives.” 

Johnny Morris, Co-Founder & CPO, Fifth Dimension AI, adds, “We designed Ellie to provide real estate professionals with a competitive advantage by providing a partner to help them get done in minutes what usually takes hours. Across our clients, we’ve been amazed by the impact that Ellie has on the newest generation of real estate professionals. These young and ambitious individuals are able to increase their output and amplify their expertise in the industry – in a fraction of the time. With Ellie as their partner, we believe the next generation will have the power to truly move the industry forward.”

Following the completion of an initial pilot scheme running since April, Fifth Dimension AI already boasts nearly 10 major real estate firms as clients, including big names such as Hamptons.

On why we invested in Fifth Dimension AI, our Managing Partner Carlos Espinal comments:

“With their wealth of expertise across AI, Real Estate, and Finance, Johnny Morris and Dr. Kate Jarvis are a world-class founding team taking on a massive opportunity to innovate the real estate industry. We love their emphasis on the human element, i.e. enabling real estate professionals to fully leverage their talent and knowledge, and thus focus on high-impact activities that create more business value.“

We are excited to co-lead Fifth Dimension AI’s £2.3 Million pre-seed alongside Anthemis’ Female Innovators Lab Fund, with support from Ascension Ventures Ltd, Concrete VC, Love Ventures, Twin Path Ventures, and Sie Ventures. With the new funds the company aims to scale the business’ sales and marketing functions and focus on product development to enhance the tool’s capabilities for an expanding audience across the real estate industry

For more information visit fifthdimensionai.com.

To successfully navigate today’s uncertain macroeconomic climate, companies of all sizes need real-time visibility and management of their financials and cash flow. Even more so, SMEs, who constitute the backbone of the economy and need to be financially resilient and self-reliant.  

This is why we are excited to back Trezy, a Franco-Dutch fintech that provides an AI-driven suite of real-time financial forecasting tools for SMEs. The platform, based on 14 million accounting entries and two million cash transactions, simplifies financial management and supports business owners in overcoming challenges, allowing them to thrive in today’s competitive business landscape. 

Founded in 2020 by Quentin Lacointa and Pierre Houdyer, Trezy aims to help 10 million small business owners around the world steer their companies toward success by making automated financial predictions and insights available and understandable regardless of financial literacy. 

Currently present in France, the Netherlands, and the UK, Trezy provides real-time financial performance insights, predominantly through smart AI-based classification of bank transactions, receipts, and invoices. Engineered to be a balance of detail and abstraction, combining bank transaction data with accounting data, it provides financial analysis and financial health predictions. 

“Smart Forecasts,” Trezy’s predictive tool, allows business owners to automatically project cash flow into the future. The automated onboarding enables new users to see their historical and future cash flows within 30 seconds.

Quentin Lacointa, Co-Founder and CEO at Trezy, emphasizes:

“69% of SME owners say they lose sleep at night because they worry about their cash flow. It’s their number one concern and with good reason. With inflation reducing margins, economic conditions hitting growth and financial processes becoming increasingly complicated there is a huge burden on SMEs. Our goal is to support business owners by giving them easy to access, real time financial insights that will help them to manage their cash flow and, regardless of their financial literacy, make better decisions. 

“Accountancy software has really helped with day-to-day admin and compliance, but it doesn’t provide intelligent support for financial decision making. This is where Trezy comes in and with this funding we will be able to further develop our platform to help thousands of SMEs across Europe.”

To further automate the administrative tasks of data analysis and the presentation of insights, and especially to empower business owners to go from business questions to meaningful action more quickly, Trezy is currently working on leveraging generative AI technology.  

On why we invested, our Principal Felix Martinez comments:

“Quentin and Pierre’s experiences as bootstrapped founders and operators give them an edge in going to market, which stood out to us. Their cutting-edge technology that automates the enrichment and categorisation of bank transactions sets them apart in the financial management landscape. Bank transactions, being the main source of financial data today, often lack crucial information for actionable insights.”

We are excited to co-lead Trezy’s Seed round of €3 million with Playfair, joined by Kima Ventures and Discovery Ventures.

Trezy plans to use the funding to support the growth of its customer base to 10,000 small businesses by the end of 2024, expand its product offering to include features such as generative-AI-enabled automation, and grow its teams in the Netherlands, France, and the UK. 

Plant-based foods are becoming a key part of a more sustainable and ethical food chain. In recent years, consumer demand has increased significantly but so have their expectations for taste, texture, and nutritional value. Especially for alternative, dairy-free products, consumers are looking for high-quality, flavourful options.

This is why we are excited to double down on our investment in JULIENNE BRUNO.

Founded by Axel Katalan (previously concept developer for Alan Yau MBE and Co-Founder of deep location tech brand Pointr), a food lover passionate about recreating the boundless eating experiences one usually has with dairy and meat options, JULIENNE BRUNO offers a different perspective on plant-based food, creating familiar but new products for people to enjoy due to the quality of them, not because they’re vegan.

Since we first met Axel and the team and invested in early 2021, the creative food developer and producer has successfully developed “Collection 01,” a dairy-free experience consisting of three products: Burrella, Crematta, and Superstraccia. Inspired by classics, each product has been given an easily recognisable name yet allowing it to establish its own identity, making the vegan prefix obsolete – aligned with the brand’s belief in the power of both taste and the language used to describe food. 

Axel Katalan, Founder of JULIENNE BRUNO, highlights:

“I’d like to take this opportunity to give a warm welcome to everyone who is just hearing about us for the first time. We are one heart and many hands. Always curious and always hungry. The kitchen is our creative workshop and hospitality is our culture. Now, let’s sit & eat.”

The JULIENNE BRUNO team has grown to 16 employees with an entire production space in a London warehouse. Built from scratch, the HQ oversees the whole process from start to finish, including goods in, production, storage, and dispatch. The sourcing, processing, packing, and shipping of all of the products take place under one roof – ‘Kitchen 01’.

The team behind the brand includes Head of Product Development Albert Adria (a gastronomer with multiple Michelin Star awards, previously Head of Creativity at El Bulli, Founder Tickets Restaurant, Hoja Santa and Enigma), Head of Food Chi San (previously Head of Food for Alan Yau Projects, starting with Head Chef at Wagamama (1992) and following through to all projects such as Hakkasan, Busaba etc), Chief Commercial Officer Sunjiv Shah (previously General Manager of Uber Eats UK & Ireland and part of the founding team) and Board Advisor Alan Yau MBE (renowned for founding numerous ventures in gastronomy such as Hakkasan, Wagamama, Busaba Eathai and Park Chinois).

JULIENNE BRUNO products are available online at juliennebruno.com, in-store in the Foodhall at Selfridges London, and on the menu at select restaurants in London, such as the Big Mamma Group. The brand will also be launching in 45 Holland & Barrett stores nationwide and in 7 Whole Foods Market stores early this month. 

On why we invested, our Managing Partner Carlos Espinal comments:

“JULIENNE BRUNO’s “Collection 01” is not only a more sustainable and ethical alternative to dairy products but also tastes even better! Axel and his team are elevating the plant-based food experience without compromising on taste, texture, or nutritional value!”

We are thrilled to participate in the recent funding round led by Cherry Ventures, with participation from Outsized Ventures and Nicoya. The fresh funds will fuel the expansion of the brand and its larger vision for transforming the food industry. It will also support the partnerships with nationwide retailers, Selfridges London, Holland & Barrett, and Whole Foods Market, the expansion of the team, and the creation of the sweet side of ‘Collection 01’. 

To get a real taste of the JULIENNE BRUNO experience, visit/place an order  juliennebruno.com.

To learn more about our growing portfolio in the sustainability space, read The Future of Sustainability, and the Tech Companies out to Improve it. 

What an incredible week.

Seedcamp set out in 2007 to help build a cohesive network which promising entrepreneurs could leverage and tap into to build great businesses that as Fred Wilson said yesterday, adopt the Silicon Valley mindset and “go for it”.

This year, we’ve hosted 22 stellar teams in the time zone between London and Amman. They’ve been mentored by 350 world-class advisors. The quality of teams just keeps improving and as the Seedcamp network grows, the capacity to build great companies keeps improving.

So, without further ado – we’re thrilled to announce this years Seedcamp Week 2009 winners (in alphabetical order):

• Boxed Ice (Birmingham, UK – Server monitoring for all website owners.

• Brainient (Bucharest, Romania) – Helping video publishers monetize on the increasingly growing video content.

• Codility (Warsaw, Poland) – First line of testing of programmers, saving employers a time and money.

• Erply (Tallinn, Estonia) – ERP on the web. Comprehensive CRM, accounting, billing and inventory management for SMEs.

• Patients Know Best (Cambridge, UK) – Revolutionizing how patients ineract with doctors as a start to better provided care.

• Talasim.com (Amman, Jordan) – The Comedy Channel of the Middle East, providing a space for self-expression and sharing humour.

These teams will all receive a €50k investment from Seedcamp and active support over the next 3 months to help develop these companies into world-beaters.

All 22 teams demonstrated outstanding performance and growth throughout the week. They listened to the wisdom of serial entrepreneurs like Hjalmar Winbladh and Brent Hoberman about the rollercoaster of startups, learned about pivoting and continuous deployment from Eric Reis, product/market fit from Sean Ellis, how to swear (and something about metrics!) from Dave McClure and to fail fast, think big and build great businesses from Fred Wilson. On the way they had practical advice from the great successes of the tech world like Google, Yahoo, last.fm, Twitter, Microsoft, eBay and Skype.

What impressed us the most was how the teams processed this torrent of feedback and evolved not just their pitch but their business and thinking between Monday’s and Thursday’s presentations. Shortening the loop between listening and learning is so critical to sustainable startup success and every team showed they had this in spades.

Seedcamp is not a one-week event and most of the teams in London this week were folks we’d met at one of the 7 Mini Seedcamp’s we ran this year. Building this localized network is core to our vision and we want to take this chance to call out Kwaga (Paris, France) and Platago (Vienna, Austria), both of whom Seedcamp has invested in this year from our Mini Seedcamps in Paris and Berlin.

We’ve always believed the start-up world doesn’t revolve around one location but we love the Valley. Last year, we went out West with the Seedcamp alumni and this cycle we’ll be going on the road again, this time taking in New York as well as San Francisco. Immersing yourself in the US market is something we always advise to startups – learn, make contacts and then go back home and code ☺

So joining us on this year’s Seedcamp on the Road, we are also inviting these talented tourists:

• Advertag (London, UK) – Advertag extracts data and creates tag cloud based on the advert.

• Fabricly (London, UK) – A web-based solution for fashion labels to manage their supply chain.

• Pearl Systems (Bristol, UK) – A web-based solution for SMEs to customize billing, CRM, accounting, business improvement software.

• Joobili (Budapest, Hungary) – A travel website offering inspiration specific to your dates and interests. You say when, Joobili says where.

• VouChaCha (London, UK) – A location based mobile discounts for consumers. A usable platform for brands to engage with their customers.

Finally, we’d like to thank everyone who contributed to this year’s Seedcamp Week including all the amazing mentors, Seedcamp investors, Tim Barnes from UCL for being an awesome host and our numerous Seedcamp supporters – without whom, we could not function.

Thanks again to the teams for converging on London for the week where we hope your experience was life changing and you continue to grow, network and emerge as successful entrepreneurs.

Please keep in touch and come see us at one of our Mini Seedcamps over the next 12 months and check out our video blog for day 5 highlights.

We have evolved Seedcamp into an intensive and productive experience for entrepreneurs to tap into an international platform of mentors to get great advice, build an awesome network, get validation and gain access to capital. At Seedcamp Week in September we were thrilled to announce the strengthening of our team with Carlos and Phillip coming on board to further build out Seedcamp’s international reach and capabilities to support the entrepreneurs, mentors and investors we work with better.
This expanded team is the foundation for us being able to better support every year: the thousands of applications we receive across 11 geographies, our network of 2,000 local mentors, the 200 teams we meet, and the investments that we make and support.
Now, we’re delighted to announce the €3m first closing of Seedcamp’s second fund.
What are our plans for the new funds?
Simple: (1) make more investments and (2) strengthen the breadth and depth of our international platform.
Our first closing is already 50% larger than the first fund we raised in 2007 – this is great news because it means that we can invest in more of the 200 teams we meet and mentor every year through our Mini Seedcamps.
In our first fund, we were able to invest in 22 companies. Already in our second fund we have been able to invest in 11 companies and we are likely to be able to at least treble that number over the next few years.
It seems that every year, the quality of teams gets better. We are continually blown away by the talent we see in every location we visit. This is true in both our mainstream hubs like London, Paris, Berlin and Tel Aviv as well as the regional events we also host in the Nordics, the Balkans, Central Europe and now in Singapore, Johannesburg and Mumbai.
The teams from our first fund came from 12 countries and it was s surprise to many that the teams who attracted top-tier venture backing came from Estonia, Romania and Slovenia. In fact 19 of the 22 companies received more than an aggregate of €15m in follow-on funding, created over 100 jobs and two teams so far – Jordan’s Talasim and Palo Alto’s Mobclix – had successful exits.
Seedcamp is an international network both by design and necessity. The fragmentation in the European market required us to bring a network together and it has been a blessing we have embraced. In fact since 2007, we have grown from our original roots in London, Paris, Berlin into the rest of continental Europe and now into a truly international platform supporting entrepreneurs with on the ground networks from San Francisco and New York to Tel Aviv, Mumbai and Singapore.
We have only been able to do this with the support of: our fantastic initial investors; superb and increasingly creative collaboration with corporate partners including Google, Microsoft,IBM and Paypal; and an amazing collection of mentors who offer time, energy and expertise to help build the next generation of great start-ups. Thank you to you all.
But when we raised our first fund over the summer in 2007 we didn’t have the chance to really extend the reach of our investor as widely as we would have liked. So we are thrilled to welcome new investors in our second fund who further this goal of being deep, not shallow, in local markets.
New additions like Notion Capital, 360 Capital Partners, management team of Team Europe, Ahti Heinla and Lars Hinrichs bring even more of an international and entrepreneurial dimension to Seedcamp – we welcome them, thank our mentors and returning investors and look forward to bringing on additional new investors in the months to come.
We started Seedcamp with a big vision and a long-term ambition – we continue to recognize that we are at the beginning of this journey but we are excited that an international platform is starting to fall into place to let the next great founders from Amman or Tallin continue to launch products in London, raise money in NY, Silicon Valley, or Europe, and have a network to support them wherever they want to do business.
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One of the big value adds of Seedcamp is the relationships with Corporate mentors that begin during the Mini Seedcamp events, continue over Seedcamp Week, and progress through the 3 months of mentorship support, which includes the 2-week US roadshow that just culminated. Since our recent visit in the Valley in March to the Facebook office, we have been working closely to find ways to let the Seedcamp companies have more and easier access to the Facebook platform. Until now, this support came mainly through mentoring at the Seedcamp events all over Europe, email contacts, and through our direct visits at Facebook HQ.

We are thrilled to announce a deeper and stronger new partnership with Facebook that will help many of our companies to move forward a lot faster: Seedcamp startups will receive product, technical, and design support as well as early access to beta products and programs on Facebook Platform. Since many of our portfolio companies use parts of Facebook’s offerings in their setup, talking to the folks working on these products directly will be a massive help. In addition, an early look at what is coming up will enable Seedcamp companies to be ahead of the market and to play with cool new features first.

Finally, our startups will also receive additional support as Facebook becomes a Platinum Seedcamp Founder Sponsor. The partnership with Facebook sets a great example for how we want to work with more of our US and European corporate mentors.

Facebook is clearly becoming ever more important to startups, be it in the way services are distributed, members are found, or information is shared. We are looking forward to see how our companies are integrating Facebook into their services, and how they can make the best of this partnership!

Also – If you are a startup in Germany or the rest of Europe – apply to Seedcamp Berlin until Sunday to get a chance to benefit from this amazing collaboration.
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Copenhagen has long been known as one of the most environmentally friendly cities on the planet, providing great quality of life to its citizens. It is also known as a regional centre of business and media and we are hoping to tap into the wealth of talent across Denmark and the rest of the Nordics when we visit this pretty city hub on 27th May 2010 for our first ever Mini Seedcamp Copenhagen, which is kindly being hosted by NorthCap Partners and supported by Rainmaking. The programme will be held at the uber cool premises of 5th Unit.

Last year saw us in Helsingborg, which was a great success and brought us face to face with quality teams across the region and beyond. We’re urging teams from Denmark, Sweden, Estonia, Finland, Iceland and Norway that are confident and ready to apply to Mini Seedcamp Copenhagen. Of course, our open door policy means that any team from anywhere can also apply.

Mini Seedcamp Copenhagen will connect 20 top quality, early stage web tech startups with over 50 regional and European esteemed, sought after and highly experienced entrepreneurs, investors and developers. Through an interactive panel discussion and informal 1:1 sessions, teams benefit from engaging with and listening to a variety of distinguished mentors and industry leaders from PR, HR, product development, business development, marketing to name but a few.

Mini Seedcamps provide the best way to have a chance at winning a spot as one of our top teams that receive investment in 2010 and to leverage the value the programme brings. As such we encourage startups to apply to any of the Mini Seedcamps that best match the timing and progress of your business.

Past winners have been blogging about the importance of attending a Mini Seedcamp and also what to expect from a Mentor Session, which gives a good insight into how the day is run and what to expect.

As always, we are looking for strong, quality startups that have the talent, drive and capacity to fully embrace the opportunities that participating in a Mini Seedcamp brings. Which is receiving quality advice from top industry leaders and start building those key relationships to help drive your business. Relationships that normally take years to build, you’ll have access to in one day. Mini Seedcamps are not a conference, but an entrepreneurial ecosystem of support and a program designed to strengthen and catapult your ideas into a viable business.

Check out our resources page that is full of advice and videos, blog posts, and follow us on Twitter , the hashtag for the event is #seedcampCPH, and Facebook to see what we’re looking for, what teams get out of it and what you can do to improve your chances in winning a spot on one of the most prestigious and rewarding web tech programs that is helping to drive and shape the European startup scene today.

You will gain invaluable insight and a solid foundation to help kick-start a viable business in Europe today. Not to mention being inspired by fellow entrepreneurs and a chance to broaden your scope within the European startup ecosystem.

Applications are now open and close at midnight on 13th May 2010. For full details, updates and how to apply go to the mini site.

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