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LocalGlobe

Founders Robin Klein Saul Klein

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 407
Average round size
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The average size of a deal this fund participated in
$10M
Portfolio companies 283
Rounds per year 16.28
Lead investments 74
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.30
Exits 38
Key employees 13

Areas of investment

  • Software
  • E-Commerce
  • Financial Services
  • FinTech
  • Information Technology
Summary

LocalGlobe appeared to be the VC, which was created in 1999. The company was established in Europe in United Kingdom. The leading representative office of defined VC is situated in the London.

Among the most popular fund investment industries, there are Software, Artificial Intelligence. For fund there is a match between the location of its establishment and the land of its numerous investments - United Kingdom. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. Among the most popular portfolio startups of the fund, we may highlight Robinhood, Improbable, TransferWise. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

This LocalGlobe works on 15 percentage points less the average amount of lead investments comparing to the other organizations. The higher amount of exits for fund were in 2016. The fund is constantly included in 13-24 deals per year. Speaking about the real fund results, this VC is 2 percentage points less often commits exit comparing to other organizations. The usual things for fund are deals in the range of 5 - 10 millions dollars. The average startup value when the investment from LocalGlobe is 10-50 millions dollars. The important activity for fund was in 2019.

The typical case for the fund is to invest in rounds with 4-5 participants. Despite the LocalGlobe, startups are often financed by Seedcamp, Upscale, Global Founders Capital. The meaningful sponsors for the fund in investment in the same round are Kima Ventures, Frontline Ventures, The Accelerator Group. In the next rounds fund is usually obtained by Seedcamp, Global Founders Capital, Bessemer Venture Partners.

The fund was created by Robin Klein, Saul Klein. Besides them, we counted 9 critical employees of this fund in our database.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Keel

Consulting
Information Technology
Software
22 Oct 2024 -

Concretene

Building Material
Construction
14 Oct 2024 Wiltshire, England, United Kingdom

Clock Bio

Biotechnology
Medical
09 Oct 2024 Cambridge, Cambridgeshire, United Kingdom

Gradient Labs

Information Technology
Internet
$3M20 Aug 2024 London, England, United Kingdom

Userled

Email Marketing
Marketing
Marketing Automation
Personalization
$5M09 Aug 2024 Sevenoaks, Kent, United Kingdom

Cubbit

Cloud Infrastructure
$12M16 Jul 2024 Bologna, Emilia-Romagna, Italy

Sirona Technologies

Environmental Consulting
$7M26 Jun 2024 Brussels, Brussels Hoofdstedelijk Gewest, Belgium

CuspAI

$30M18 Jun 2024 Cambridge, Massachusetts, United States

Avail

$43M04 Jun 2024 -
News
Gamma Launches With $7M in Seed Funding

– Gamma is a productivity suite building a replacement for slide decks.
– The company launched with $7M in Seed funding.
– The round was led by Accel, with participation from Eric Yuan, Jeff Weiner, Script Capital, South Park Commons, LocalGlobe, Afore and Hustle Fund, as well as founders at Airtable, Patreon, Segment, Honey and Optimizely.
– The company intends to use the funds to continue to build out the team and the product.

Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication

– Rossum, the artificial intelligence company that is re-inventing the way businesses send documents to each other, has raised $100m from one of the US’s best known funds, General Catalyst in what is Eastern Europe’s largest ever Series A.
– Previous investors, including LocalGlobe, Seedcamp, Miton and Elad Gil are participating, as Rossum looks to capitalise on surging corporate demand for automation in business processes.
– Having rapidly secured market leadership in document AI technology and become the go-to software for many of Europe’s biggest companies, Rossum is creating a universal document gateway designed to help the corporate world move faster and complete transactions in minutes not weeks.

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Total investments 407
Average round size 10M
Rounds per year 16.28
Peak activity year 2022
Lead investments 74
Follow on index 0.30
Exits 38
Group Appearance index 0.88

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Keel

Consulting
Information Technology
Software
22 Oct 2024 -

Concretene

Building Material
Construction
14 Oct 2024 Wiltshire, England, United Kingdom

Clock Bio

Biotechnology
Medical
09 Oct 2024 Cambridge, Cambridgeshire, United Kingdom

Gradient Labs

Information Technology
Internet
$3M20 Aug 2024 London, England, United Kingdom

Userled

Email Marketing
Marketing
Marketing Automation
Personalization
$5M09 Aug 2024 Sevenoaks, Kent, United Kingdom

Cubbit

Cloud Infrastructure
$12M16 Jul 2024 Bologna, Emilia-Romagna, Italy

Sirona Technologies

Environmental Consulting
$7M26 Jun 2024 Brussels, Brussels Hoofdstedelijk Gewest, Belgium

CuspAI

$30M18 Jun 2024 Cambridge, Massachusetts, United States

Avail

$43M04 Jun 2024 -
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