We hope many of you managed to get away in August and are ready for the busy Q4 ahead.
This month we saw the arrival of Ground Truth Intelligence (more info below) and a few pieces of content.
In this edition we cover:
- Welcoming GTI
- RLC up for 'Best SEIS Fund'
- What We Wrote
- Portfolio Updates
🕵️♂️ Welcoming Ground Truth Intelligence
📣 We are excited to announce our investment in Ground Truth Intelligence's Seed round.
The GTI team have developed a simple solution to a big problem in the non-digitised curated intelligence (KYC) space.
The business operates a marketplace model, seamlessly linking requesters of intelligence directly with a vetted network of local providers of intelligence across the globe. The Platform (PaaS) manages the procurement and authentication of local intelligence providers across every corner of the globe.
Read more on why we invested in Ground Truth Intelligence.
🌱 The company raised a seed round led by leading angels in which RLC participated.
🥇RLC's first marketplace investment
📈 Strong traction and brilliant customer base in place, rapid scaling to follow
We are delighted to be joining them on their journey.
🚀 RLC Ventures EIS Fund
Our 2021/22 EIS fund is taking final commitments from new and existing investors. Please access by clicking the brochure below.
The 2021 RLC Ventures EIS Fund will offer investors exposure to 10-15+ UK Software companies, with global reach from day 1.
The EIS Fund will opportunistically back RLC Portfolio winners as well as new opportunities at a slightly later stage.
If you would like to learn more, please apply via the following form.
🏅 RLC Nominated for 'Best SEIS Manager'
RLC have been selected as a finalist for the "Best SEIS Investment Manager" category. You can read more about the awards and process on our blog.
🖊️ What we wrote
With our friends over at Vestd, we took a look at how startup founders should be thinking about their equity post-fundraising. Vestd CEO & Founder, Ifty Nasir, gave some excellent advise around:
- What is equity and why do you need to manage it?
- How can you use equity?
- The difference between shares and options.
Have a read of the full piece here.
RLC Partners Reece & Jeff, as well as Oliver and Ariel on the Investment Team each gave their perspectives.
Some of our portfolio companies are hiring:
See the open roles below at each companies careers page:
RLC Ventures is authorised and regulated by the Financial Conduct Authority (FRN: 939163). EIS/SEIS investments should be treated as higher risk/speculative and place capital at risk. Past performance is not indicative of future performance and tax reliefs depend on individual circumstances and are subject to change. The products and/or services mentioned are only available to professional investors. The content of this Newsletter is correct at the time of publication. Any sharing or forwarding, by recipients of this communication, is the responsibility of the recipient as a communicator.