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.
Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Keel | 22 Oct 2024 | - | |||
Concretene | 14 Oct 2024 | Wiltshire, England, United Kingdom | |||
Clock Bio | 09 Oct 2024 | Cambridge, Cambridgeshire, United Kingdom | |||
Gradient Labs | $3M | 20 Aug 2024 | London, England, United Kingdom | ||
Userled | $5M | 09 Aug 2024 | Sevenoaks, Kent, United Kingdom | ||
Cubbit | $12M | 16 Jul 2024 | Bologna, Emilia-Romagna, Italy | ||
Sirona Technologies | $7M | 26 Jun 2024 | Brussels, Brussels Hoofdstedelijk Gewest, Belgium | ||
CuspAI | $30M | 18 Jun 2024 | Cambridge, Massachusetts, United States | ||
Avail | $43M | 04 Jun 2024 | - |
– 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, 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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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
Keel | 22 Oct 2024 | - | |||
Concretene | 14 Oct 2024 | Wiltshire, England, United Kingdom | |||
Clock Bio | 09 Oct 2024 | Cambridge, Cambridgeshire, United Kingdom | |||
Gradient Labs | $3M | 20 Aug 2024 | London, England, United Kingdom | ||
Userled | $5M | 09 Aug 2024 | Sevenoaks, Kent, United Kingdom | ||
Cubbit | $12M | 16 Jul 2024 | Bologna, Emilia-Romagna, Italy | ||
Sirona Technologies | $7M | 26 Jun 2024 | Brussels, Brussels Hoofdstedelijk Gewest, Belgium | ||
CuspAI | $30M | 18 Jun 2024 | Cambridge, Massachusetts, United States | ||
Avail | $43M | 04 Jun 2024 | - |