LocalGlobe

LocalGlobe

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Headquarters Location

United Kingdom, London

About

LocalGlobe is the renowned VC, which was created in 1999. The the headquarters of this VC is in London. This investor is located in Europe, United Kingdom.

The fund has no specific requirements for the number of founders in a start-up. If the applying start-up has 5+ founders, it is very unlikely that funding will be awarded. Robinhood, Improbable, TransferWise are among the most popular portfolio start-ups of the fund. The average start-up age at the time of investment by this fund is 2-3. Among the most popular investment industries for the fund are Software, Artificial Intelligence. However, the fund’s focus is not limited to this, since there are 39 more areas of investment. The country of its establishment and the country of its most frequent investments coincides - United Kingdom. However, start-ups from 11 other countries can be found in the fund's portfolio.

The fund was created by Robin Klein, Saul Klein. Besides the listed founders, we have found 9 key employees of this fund in our database.

In terms of the fund's performance, this VC has 2 percentage points less exits when compared to other organizations. The highest number of exits from this fund were in 2016. In 2019, the fund's activity was at its peak. Additionally, in 2019 the fund was active. Typical investments for this fund are deals in the range of 5 - 10 millions dollars. The fund typically enters into 13-24 deals annually. The average start-up valuation at the time of investment from LocalGlobe is 10-50 millions dollars. LocalGlobe participates, on average, in 15 percentage points less than the average amount of lead investments in other funds.

The fund typically invests in rounds with 4-5 participants. Along with LocalGlobe, start-ups are often financed by Seedcamp, Upscale, Global Founders Capital as well as 73 other investors. The fund often co-invests with Kima Ventures, Frontline Ventures, The Accelerator Group, overall with 140 funds from our list. The investors in the following rounds are usually Seedcamp, Global Founders Capital, Bessemer Venture Partners, and 174 VCs in total.

Year Founded

1999

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: localglobe.vc; User name format in descending order of probability: first

Group Appearance [how often fund is operating separately from groups with shared interest]

100.0% of cases

Investments per Year [average amount of rounds in which fund participates each year]

7-12

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

13.7% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x9

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

2.7 years

Decision Makers / Strategy
Similarity Index [see explanation at unicorn-nest.com/dataset-what-we-tweet-vs-what-we-invest]

0.14 out of 1

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.47 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

4

Funds Investing in Previous
Rounds

Seedcamp, Upscale, Global Founders Capital

Funds Investing in Following
Rounds

Seedcamp, Global Founders Capital, Bessemer Venture Partners

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