LocalGlobe venture top capital firms london

LocalGlobe: The VC Firm That’s Going Global (and Staying Local)

LocalGlobe is a top global venture capital firm that has been making waves in the investment world since 1999.

Founded by father and son duo Robin and Saul Klein, the firm has focused on seed and early-stage funding for over 200 startups to date.

With a portfolio that includes successful companies such as Citymapper, Improbable, Lovefilm, Moo, Transferwise, and Zoopla, LocalGlobe has established itself as a major player in the VC industry.

Top Venture Capital Firms London

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 1

Based in London, LocalGlobe has become one of the most active VC firms in the UK, with a reputation for its expertise in identifying and nurturing promising startups.

The firm’s investment strategy is to provide early-stage funding and support to startups that have the potential to disrupt their respective industries.

This approach has enabled LocalGlobe to build an impressive track record of successful investments, with many of its portfolio companies going on to achieve significant growth and success.

Despite its impressive success, LocalGlobe has managed to maintain a down-to-earth and humorous approach to investing, which has endeared it to many entrepreneurs.

The firm’s founders are known for their willingness to take risks and their ability to spot promising startups early on.

With the launch of a new sister fund called Latitude in 2019, LocalGlobe is set to continue its mission of supporting startups through their journey from seed funding to later-stage funding rounds.

The Founders of LocalGlobe

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 3

LocalGlobe was founded in 1999 by a father and son duo, Robin and Saul Klein. These two have been on a mission to back ambitious founders and help them build their businesses from seed stage to exit and IPO.

Robin Klein is a seasoned investor and entrepreneur. He has been involved in the tech industry since the early 1980s and has played a significant role in shaping the European tech ecosystem.

He has been a part of several successful ventures, including The Accelerator Group, which he co-founded in 1996, and The Music Sales Group, which he sold in 2007.

Saul Klein, on the other hand, is a serial entrepreneur and investor. He has been involved in several successful startups, including Lovefilm, which he co-founded and sold to Amazon in 2011.

He has also held partner roles at global venture-capital firm Index Ventures and co-founded Seedcamp, a startup accelerator that has helped launch several successful companies.

Together, the Kleins have been a force to be reckoned with in the venture capital world. They have backed some of the most successful startups in Europe, including Transferwise, Zoopla, and Citymapper.

They have also been involved in several successful exits, including the sale of Lovefilm to Amazon and the IPO of Farfetch.

It’s not just the Kleins who have been successful in the tech industry. LocalGlobe’s portfolio includes several successful startups founded by some of the most talented entrepreneurs in the world, including Niklas Zennström, co-founder of Skype and Atomico.

In summary, the founders of LocalGlobe, Robin and Saul Klein, have been instrumental in shaping the European tech ecosystem.

They have backed some of the most successful startups in Europe, including Transferwise, Zoopla, and Citymapper. Their portfolio also includes several successful startups founded by some of the most talented entrepreneurs in the world, including Niklas Zennström, co-founder of Skype and Atomico.

A Look at LocalGlobe’s Team

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 5

LocalGlobe’s team is made up of some of the most experienced and knowledgeable venture capitalists in the industry. Led by Robin and Saul Klein, the team has been investing in startups since 1999, and they have seen it all.

They have a keen eye for spotting the next big thing, and they are not afraid to take risks.

The team at LocalGlobe is made up of a diverse group of individuals from different backgrounds and with different skill sets. They are united by their passion for startups and their desire to help founders succeed. The team includes:

  • Robin and Saul Klein, Founders
  • Suzanne Ashman, Partner
  • Remus Brett, Partner
  • Julia Hawkins, Partner
  • George Henry, Partner
  • Mish Mashkautsan, Partner
  • Olga Egorsheva, CFO
  • Sia Houchangnia, Partner
  • Tara Reeves, Partner
  • Lisa Stone, Head of Talent

Each member of the team brings their own unique perspective and expertise to the table, making LocalGlobe a formidable force in the venture capital world.

They are known for their hands-on approach and their willingness to roll up their sleeves and help founders with everything from product development to fundraising.

One of the things that sets LocalGlobe’s team apart is their sense of humour. They don’t take themselves too seriously, and they know how to have a good time. This makes working with them a pleasure, and it also helps to create a relaxed and informal atmosphere that is conducive to creativity and innovation.

In summary, LocalGlobe’s team is a group of talented and experienced venture capitalists who are passionate about startups and committed to helping founders succeed.

They bring a diverse range of skills and perspectives to the table, and they are known for their hands-on approach and sense of humour.

Investment Strategy of LocalGlobe

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 7

LocalGlobe is a venture capital firm that has been operating since 1999 with a focus on seed and early-stage investments. The firm has an investment horizon of 3-5 years and invests primarily in the seed stage, with an investment ticket size of $0-1m.

LocalGlobe invests in a variety of industries, including energy, creative industries, property, fashion, finance, food, education, insurance, security, health, travel, and transport. The firm is known for its impact investments and has a strong track record of seeding impactful London founders since its inception.

LocalGlobe’s investment strategy is centred around investing in founders with a clear vision for their company and a passion for their industry.

The firm looks for founders who are solving real-world problems and creating innovative solutions that have the potential to change the world.

When it comes to investment stages, LocalGlobe is primarily focused on seed and early-stage investments, with a particular focus on the seed stage.

The firm believes that this is where the most innovative and disruptive ideas are born and where founders need the most support.

LocalGlobe has a strong network of industry experts and mentors that it leverages to help its portfolio companies grow and succeed.

The firm is also known for its hands-on approach to investing, working closely with its portfolio companies to help them navigate the challenges of scaling their businesses.

Overall, LocalGlobe‘s investment strategy is centred around investing in visionary founders with a passion for their industry and a clear vision for their company.

The firm’s focus on the seed stage and its hands-on approach to investing have helped it build a strong track record of success in the venture capital industry.

LocalGlobe’s Notable Investments

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 9

LocalGlobe is a venture capital firm that has made over 200 investments to date. Some of their most notable investments include:

  • TransferWise – LocalGlobe invested in TransferWise in 2011, when the company was still a fledgling startup. TransferWise has since become one of the most successful fintech companies in the world, with a valuation of over $5 billion.
  • Revolut – LocalGlobe was an early investor in Revolut, the digital banking alternative that has disrupted the traditional banking industry. With over 15 million customers worldwide, Revolut is now one of the most valuable fintech companies in Europe.
  • Monzo – LocalGlobe invested in Monzo in 2016, when the company was still a small startup with big ambitions. Monzo has since become one of the UK’s most popular digital banks, with over 4 million customers and a valuation of over $2 billion.
  • Zoopla – LocalGlobe was an early investor in Zoopla, the online property portal that has revolutionized the way people buy and sell homes in the UK. Zoopla was acquired by Silver Lake Partners in 2018 for over $3 billion.
  • Improbable – LocalGlobe invested in Improbable in 2015, when the company was still a relatively unknown startup. Improbable has since become a leader in the gaming industry, with a valuation of over $2 billion.
  • Citymapper – LocalGlobe was an early investor in Citymapper, the popular public transit app that helps people navigate cities around the world. With over 20 million users, Citymapper has become an essential tool for commuters and travellers alike.
  • Cazoo – LocalGlobe invested in Cazoo in 2019, when the company was still in its early stages. Cazoo has since become one of the UK’s fastest-growing online car retailers, with a valuation of over $2 billion.
  • Wise – LocalGlobe was an early investor in Wise, the digital money transfer service formerly known as TransferWise. Wise has since become one of the most successful fintech companies in the world, with a valuation of over $11 billion.
  • Robinhood – LocalGlobe invested in Robinhood, the popular trading app that has disrupted the traditional brokerage industry. With over 18 million users, Robinhood has become one of the most valuable fintech companies in the US.

LocalGlobe’s portfolio of investments is a testament to their ability to identify and support innovative startups that have the potential to disrupt industries and change the world.

LocalGlobe’s Global Influence

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 11

LocalGlobe is a UK-based venture capital firm that has made a significant impact on the global startup scene. Since its inception in 1999, LocalGlobe has invested in over 200 companies, many of which have gone on to become major players in their respective industries.

LocalGlobe’s influence can be felt not just in the UK, but across Europe and the world. The firm has invested in startups in a variety of sectors, including finance, travel, security, and more. Some of LocalGlobe’s most notable investments include Citymapper, TransferWise, and Zoopla.

LocalGlobe’s global influence is due in part to the firm’s approach to investing. Rather than simply providing funding, LocalGlobe takes a hands-on approach, working closely with its portfolio companies to help them grow and succeed. This approach has helped LocalGlobe build a reputation as a trusted partner for startups looking to scale up.

In addition to its investments, LocalGlobe has also played a role in shaping the global startup ecosystem. The firm’s founders, Robin and Saul Klein, have been instrumental in the development of several influential organizations, including Seedcamp and Entrepreneur First.

Overall, LocalGlobe’s global influence is a testament to the firm’s commitment to supporting ambitious founders and helping them build successful companies. Whether in the UK, Europe, or beyond, LocalGlobe is a force to be reckoned with in the world of venture capital.

The Startup Ecosystem and LocalGlobe

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 13

LocalGlobe is a venture capital firm that has been investing in early-stage startups since 1999. The firm has a diverse portfolio of investments in various industries, including energy, fashion, finance, food, health, insurance, property, security, travel, and transport. LocalGlobe has a reputation for being one of the top venture capital firms globally, and it has been ranked as one of the most active UK venture capital funds.

The startup ecosystem is a dynamic and ever-changing landscape, and LocalGlobe has been at the forefront of supporting startups and their founders. The firm has invested in some of the most successful startups globally, such as TransferWise, Zoopla, Improbable, and Citymapper. LocalGlobe has a team of experienced investors who have a deep understanding of the startup ecosystem and can provide valuable insights to early-stage companies.

Startups face numerous challenges, and LocalGlobe understands this better than most. The firm provides more than just funding to startups; it also offers guidance, mentorship, and access to its vast network of contacts. LocalGlobe’s investment philosophy is to focus on investing in companies that have a clear vision, a strong team, and a viable business model. The firm understands that startups are not just about ideas; they are about execution, and LocalGlobe is committed to helping startups execute their plans successfully.

Startup founders are the lifeblood of the startup ecosystem, and LocalGlobe has a great track record of backing successful founders. The firm has invested in startups founded by some of the most successful entrepreneurs globally, such as Taavet Hinrikus, the co-founder of TransferWise, and Alex Chesterman, the founder of Zoopla. LocalGlobe understands that founders are the driving force behind startups and is committed to supporting them in their journey.

In conclusion, LocalGlobe is a top global venture capital firm that has been investing in early-stage startups since 1999. The firm has a diverse portfolio of investments in various industries and has a reputation for being one of the most active UK venture capital funds. LocalGlobe understands the challenges that startups face and is committed to supporting them in their journey. The firm’s investment philosophy is to focus on investing in companies that have a clear vision, a strong team, and a viable business model. Startup founders are the lifeblood of the startup ecosystem, and LocalGlobe has a great track record of backing successful founders.

The Funding Process at LocalGlobe

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 15

LocalGlobe is a venture capital firm that invests in seed-stage startups. They have a rigorous funding process that ensures they only invest in the most promising companies.

To get started, founders need to submit a pitch deck to LocalGlobe. This pitch deck should include information about the company, its market, and its team. It should also include financial projections and a clear plan for how the company will use the funding.

Once the pitch deck is submitted, LocalGlobe’s investment team will review it and decide whether to move forward. If they’re interested, they’ll schedule a meeting with the founders to learn more about the company and its vision.

During this meeting, the founders will have the opportunity to pitch their company in person. They’ll need to be prepared to answer tough questions and demonstrate their knowledge of the market.

If LocalGlobe decides to move forward, they’ll conduct due diligence on the company. This involves a deep dive into the company’s financials, legal documents, and other important information.

Assuming everything checks out, LocalGlobe will then make an investment in the company. They’ll work closely with the founders to help them grow and achieve their goals.

Overall, LocalGlobe’s funding process is designed to ensure that they only invest in the most promising startups. While it can be tough to get accepted, those who do receive funding can expect a lot of support from LocalGlobe.

LocalGlobe’s Exits and Unicorns

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 17

LocalGlobe has had some pretty impressive exits over the years. From Riskified to Robinhood and Lever, LocalGlobe has been there, done that, and got the t-shirt. In total, they have had 58 exits, making them one of the most successful venture capital firms in the world. They have made 374 investments in total, with 105 of them being lead investments. Their most recent investment was in Sep 6, 2023, when Itana raised a whopping $2M.

But what about unicorns, you ask? Well, LocalGlobe has been instrumental in helping to create some of the most successful unicorns in the world. From Zoopla to TransferWise, they have been there from the beginning, seeding ambitious founders and helping them to grow into the giants they are today. And it’s not just tech companies either. Livspace, for example, is one of Asia’s largest omni-channel home interior and renovation platforms, providing a one-stop renovation solution for homeowners. It’s just one of the many unicorns that LocalGlobe has helped to create.

And let’s not forget about IPOs. LocalGlobe has been involved in some of the biggest IPOs in recent years, including Zoopla and TransferWise. They have a knack for spotting winners early on and helping to guide them to success. It’s no wonder they have become one of the most respected venture capital firms in the world.

In conclusion, LocalGlobe’s track record speaks for itself. They have had some of the most impressive exits, helped to create some of the most successful unicorns, and been involved in some of the biggest IPOs in recent years. If you’re a founder looking for a partner to help guide you to success, LocalGlobe is definitely a firm worth considering.

LocalGlobe’s Ranking Among VC Firms

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 19

LocalGlobe, a UK-based venture capital firm, has been making waves in the global VC scene with its impressive investments in startups. According to a ranking by Dealroom, LocalGlobe was named the most prominent VC investor in EMEA in 2022, with a total of 14 unicorn seed investments and 11 future unicorn seed investments.

LocalGlobe has also been ranked as one of the UK’s most prolific seed investors, with a focus on finding ambitious founders. The firm has invested in a range of successful startups, including Citymapper, Improbable, Kano, Moo, Songkick, Seedcamp, Transferwise, and Zoopla.

Despite its impressive ranking, LocalGlobe faces stiff competition from other top VC firms around the world. Sequoia Capital, for example, has come out on top of Dealroom’s latest global ranking of VC investors, with 35 unicorns added to its tally of 319 since the start of 2022 alone.

However, LocalGlobe’s focus on seed investments sets it apart from many other VC firms, which often invest in later-stage companies. This approach has allowed LocalGlobe to identify and invest in promising startups early on, giving them a competitive edge in the market.

Overall, LocalGlobe’s ranking among VC firms is a testament to its success in identifying and supporting innovative startups. With its focus on seed investments and a track record of backing successful companies, LocalGlobe is sure to remain a prominent player in the global VC scene for years to come.

LocalGlobe’s Impact Investments

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 21

LocalGlobe is a venture capital firm that focuses on seed and impact investments. While their seed investments are impressive, their impact investments are the ones that really stand out. Impact investments are investments made with the intention of generating positive, measurable social and environmental impact alongside a financial return. In other words, they’re investments that make the world a better place while also making money.

LocalGlobe’s impact investments are spread across a variety of sectors, including healthcare, education, and sustainability. They invest in companies that are working to solve some of the world’s most pressing problems, such as climate change, poverty, and inequality.

One of the most notable impact investments made by LocalGlobe is in the company Bulb. Bulb is a renewable energy company that provides 100% renewable electricity and 100% carbon neutral gas to its customers. Not only is Bulb helping to reduce carbon emissions, but it’s also making renewable energy accessible and affordable for everyone.

Another impact investment made by LocalGlobe is in the company Goodlord. Goodlord is a proptech company that is revolutionising the rental market by making it more transparent and efficient. By streamlining the rental process, Goodlord is making it easier for people to find a place to live, which is particularly important in cities where the rental market can be notoriously difficult to navigate.

LocalGlobe’s impact investments also include companies like Elder, which provides high-quality care for the elderly, and Winnow, which is reducing food waste in commercial kitchens. All of these companies are making a positive impact on the world while also generating a financial return for LocalGlobe’s investors.

Overall, LocalGlobe’s impact investments demonstrate their commitment to using their resources to make a positive difference in the world. By investing in companies that are working to solve some of the world’s most pressing problems, LocalGlobe is helping to create a better future for everyone.

LocalGlobe’s Latitude Fund

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 23

LocalGlobe’s Latitude Fund is a growth-stage fund that invests in breakout portfolio companies that have already proven their worth. With $220 million more to invest, the LocalGlobe team can take a fresh look at these companies and support them in their next phase of growth.

The fund was launched in 2019 and has already made some impressive investments. One of its portfolio companies is Cazoo, an online used car marketplace that went public in August 2021 with a valuation of $7 billion. Another is Citymapper, a popular public transport app that has expanded to several cities around the world.

LocalGlobe’s Latitude Fund is not afraid to take risks and invest in innovative companies that have the potential to disrupt their industries. The fund focuses on core markets in the UK and Europe, with a long-term view of generating world-class returns.

The fund is led by partner Remus Brett, who has over 15 years of experience in the tech industry. Brett is known for his dry sense of humour and his ability to spot promising startups before they become household names. He has been with LocalGlobe since 2015 and has played a key role in the success of several portfolio companies.

In conclusion, LocalGlobe’s Latitude Fund is a force to be reckoned with in the world of venture capital. With its focus on growth-stage investments and its willingness to take risks, the fund is sure to continue making headlines in the years to come.

The Network and Partnerships of LocalGlobe

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 25

LocalGlobe has built a vast network of partnerships with some of the most prominent venture capital firms and investors in the world. From LPS to Index Ventures, Seedcamp to Andreessen Horowitz, GV to Founders Fund, and New Enterprise Associates to Bessemer Venture Partners, LocalGlobe’s network is as diverse as it is impressive.

One notable partnership is with Atomico, a venture capital firm founded by Niklas Zennström, the co-founder of Skype. Atomico has invested in some of the most successful startups in the world, including Supercell, Klarna, and Stripe. LocalGlobe’s partnership with Atomico allows them to tap into a vast network of resources and expertise, enabling them to provide their portfolio companies with the support they need to succeed.

Another key partnership is with Kleiner Perkins, a venture capital firm that has been instrumental in the success of some of the world’s most iconic companies, including Amazon, Google, and Twitter. LocalGlobe’s partnership with Kleiner Perkins gives them access to a wealth of expertise and resources, allowing them to provide their portfolio companies with the guidance and support they need to thrive.

LocalGlobe’s network also includes some of the most successful venture capital firms in the world, such as First Round Capital, Lightspeed Venture Partners, IDG Capital, 8VC, Tiger Global Management, Benchmark, Battery Ventures, and Northzone. Through these partnerships, LocalGlobe is able to provide its portfolio companies with access to a vast network of resources, including capital, expertise, and talent.

Sonali De Rycker, a partner at LocalGlobe, is one of the most respected venture capitalists in the industry. She has been instrumental in the success of some of the world’s most innovative companies, including Farfetch, TransferWise, and The Hut Group. LocalGlobe’s partnership with Sonali De Rycker gives them access to a wealth of expertise and resources, enabling them to provide their portfolio companies with the guidance and support they need to succeed.

LocalGlobe also has partnerships with some of the most innovative and forward-thinking venture capital firms in the world, such as Hoxton Ventures, BoxGroup, and Foundation Capital. These partnerships allow LocalGlobe to stay at the forefront of the industry, providing their portfolio companies with access to the latest trends, technologies, and ideas.

In summary, LocalGlobe’s network and partnerships are a key part of their success. By building relationships with some of the most successful venture capital firms and investors in the world, LocalGlobe is able to provide their portfolio companies with the guidance, support, and resources they need to succeed.

LocalGlobe in Various Industries

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 27

LocalGlobe is a venture capital firm that has invested in a variety of industries, including finance, security, health, energy, food, education, property, insurance, and transport. They have a diverse portfolio of companies that are making waves in their respective industries.

In the finance sector, LocalGlobe has invested in companies like Tide, a mobile banking platform for small businesses, and Cleo, an AI-powered personal finance assistant. These companies are making it easier for people to manage their finances and businesses.

In the security industry, LocalGlobe has invested in companies like Darktrace, an AI cybersecurity company that uses machine learning to detect and respond to cyber threats. They have also invested in Callsign, a company that provides secure authentication solutions for businesses.

In the health industry, LocalGlobe has invested in companies like Huma, a digital health platform that connects patients with healthcare providers. They have also invested in Cera, a company that provides home care services for the elderly and people with disabilities.

In the energy industry, LocalGlobe has invested in companies like Bulb, a renewable energy supplier that provides affordable and sustainable energy to households and businesses. They have also invested in Open Energi, a company that provides energy management solutions for businesses.

In the food industry, LocalGlobe has invested in companies like Gousto, a meal kit delivery service that provides healthy and delicious meals to households across the UK. They have also invested in Farmdrop, a company that provides fresh and locally sourced food to consumers.

In the education industry, LocalGlobe has invested in companies like Gojimo, a revision app that helps students prepare for exams. They have also invested in BridgeU, a company that provides college and career guidance to students.

In the property industry, LocalGlobe has invested in companies like Nested, a company that provides a hassle-free way for people to sell their homes. They have also invested in Habito, a company that provides online mortgage advice and recommendations.

In the insurance industry, LocalGlobe has invested in companies like Zego, a company that provides flexible insurance policies for gig economy workers. They have also invested in Wrisk, a company that provides personalized insurance policies for individuals.

In the transport industry, LocalGlobe has invested in companies like Citymapper, a transportation app that helps people navigate cities. They have also invested in Drover, a company that provides flexible car subscriptions for individuals and businesses.

Overall, LocalGlobe has made a significant impact in a variety of industries, supporting innovative companies that are changing the way we live and work.

Methodology and Expertise of LocalGlobe

LocalGlobe: The VC Firm That's Going Global (and Staying Local) 29

LocalGlobe is a venture capital firm that has been around since 1999. They have invested in various successful companies such as Citymapper, Improbable, and TransferWise. But what sets them apart from other VC firms? Let’s take a look at their methodology and expertise.

Methodology

LocalGlobe’s methodology is unique in the sense that they focus on seed and impact investments. They invest in companies at the very beginning stages of their development, which means they take on more risk than other VC firms. However, this also means that they have the potential for higher returns.

LocalGlobe also has a hands-on approach when it comes to investing in companies. They work closely with founders to help them build their businesses from seed stage to exit and IPO. This approach has proven to be successful, as many of the companies they have invested in have gone on to become successful.

Expertise

LocalGlobe has a team of experts that are knowledgeable in various fields such as technology, finance, and marketing. They use their expertise to help founders build successful companies. They also have a vast network of industry contacts that they can tap into to help their portfolio companies.

One of the things that LocalGlobe is known for is their ability to spot trends early on. They have a keen eye for identifying emerging technologies and markets. This has allowed them to invest in companies that have gone on to disrupt industries.

CB Insights

According to CB Insights, LocalGlobe has made 358 investments and has had 60 portfolio exits. This is a testament to their success as a venture capital firm. CB Insights also notes that LocalGlobe has a strong focus on seed-stage investments, which is a key part of their methodology.

In conclusion, LocalGlobe’s methodology and expertise have allowed them to become one of the top venture capital firms in the world. Their hands-on approach, expertise, and ability to spot trends early on have proven to be successful time and time again.

Top Pre Seed Investors UK


Notice: ob_end_flush(): Failed to send buffer of zlib output compression (1) in /home/rainmak1/public_html/wp-includes/functions.php on line 5420

Notice: ob_end_flush(): Failed to send buffer of zlib output compression (1) in /home/rainmak1/public_html/wp-includes/functions.php on line 5420