What do the first five years of Startup Funding Club look like?
Startup Funding Club has turned five! Despite its young age, it has already become the go-to place for numerous entrepreneurs looking to raise their first round of finance and many investors looking to support young businesses.
Five years ago, SFC started as a group of successful entrepreneurs who wanted to invest together in promising startups. The club has now grown to 300 members and become one of the most active angel networks in the UK. In 2014, the organisation introduced its first SEIS fund to invest alongside the SFC Angel Network. Since then, Startup Funding Club has raised a series of seven SEIS/EIS funds, including sector-specific portfolios such as the Fintech Fund and a food and drink fund named Epicure Fund.
In its fourth year of being active, the SFC Angel Network was recognised as one of the most active in the UK by the UK Business Angels Association, receiving the Lead Syndicate of the Year Award at UKBAA’s 2016 Angel Investment Awards. By combining its SEIS/EIS funds and its award-winning network of investors, Startup Funding Club has already supported over 100 companies. Amongst these startups, SFC already counts on a few early success stories like those of eMoov and Onfido.
“We’re extremely pleased to reach this important milestone and are very grateful to the hundreds of investors and alumni companies who have accompanied us on this journey so far.” Said Joseph Zipfel, Investment Manager at SFC. “We believe that we have built some very strong foundations in these first five years and look forward to continuing to invest in some of the most exciting British startups in the future.”