Augmentum Fintech

Summary

In 2017 was created Augmentum Fintech, which is appeared as VC. The main department of described VC is located in the London. The fund was located in Europe if to be more exact in United Kingdom.

The fund is generally included in 7-12 deals every year. The usual things for fund are deals in the range of 10 - 50 millions dollars. When the investment is from Augmentum Fintech the average startup value is 100 thousands - 1 million dollars. The top activity for fund was in 2018. The real fund results show that this VC is 45 percentage points more often commits exit comparing to other companies.

We can highlight the next thriving fund investment areas, such as Information Technology, Banking. The fund has specific favorite in a number of founders of portfolio startups. When startup sums 4 of the founder, the probability for it to get the investment is little. For fund there is a match between the location of its establishment and the land of its numerous investments - United Kingdom. Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight DueDil, Monese, Grover.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Augmentum Fintech, startups are often financed by Tera Ventures, Taavet Hinrikus, Passion Capital. The meaningful sponsors for the fund in investment in the same round are Venture Founders, Passion Capital, Creandum. In the next rounds fund is usually obtained by Venture Founders, Varengold Bank, Upscale.

This organization was formed by Richard Matthews, Tim Levene. The overall number of key employees were 12.