Presentation by Mike Holligan of Barclays
About Techcelerate Ventures
Tech Investment and Growth Advisory for Series A in the UK, operating in £150k to £5m investment market, working with #SaaS #FinTech #HealthTech #MarketPlaces and #PropTech companies.
Tag Cloud
- High Growth
- Business
- Barclays
- High Growth Business
- Venture loan products
- traditional Debt products
- support fast grow
- support
- reach cashflow breakeven
- High Growth deal
- bespoke Venture loan
- backed Business ahead
- grow equity backed
- fast grow equity
- equity backed Business
- Debt
- created bespoke Venture
- plan
- February
- Venture
Financing High Growth
Companies
Eagle Lab, Manchester
February 2019
February 19
1
What Is High Growth?
Introduction & Agenda
February 19
2
Why Barclays and High Growth
Why we want
to help and
how
Venture Debt
How is our
borrowing
proposition for
High Growth
clients
different?
What a good deal looks like
Understanding
our model
Transactions
Who have we
helped so far
A highly experienced network of
Relationship Directors and
industry specialists across the
bank
A vertical structure allows the
team to effectively cover the
entire global TMT landscape
A pan-Barclays proposition that
gives clients access to the
Barclays Premier, Wealth and
Corporate offerings
Barclays has created bespoke
venture loan products to support
fast growing, equity backed
businesses ahead of them reaching
cashflow breakeven and accessing
our more traditional debt products
We currently have a fund of 200m
available for venture debtor Series
A, B & C High Growth deals as well
as some BAU High Growth Deals
Our support goes far beyond
banking. The Barclays network
offers unique opportunities for
High Growth businesses to
connect with our experts and
wider client base, to help them
grow and realise their ambitions
We hosted over 50 High Growth
events in 2016
Our Rise Platform, Barclays
Accelerator and Eagle Labs help
support the wider High Growth
Ecosystem
Four Pillars of our Proposition
February 19
3
Relationship
Management
Holistic
Funding
Pan-Barclays
Approach
Beyond
Banking
We're able to provide you with
focused support at every step
We have dedicated Relationship
Directors across the 8 UK regions
who have been trained at the
Cambridge Judge Business School
With out knowledge of the unique
challenges you and your business
may face, combined with over 300
years of experience we are able to
offer a range of solutions tailored
to meet your specific needs
Barclays has created bespoke venture loan products to support fast-growing, equity-backed businesses
ahead of them reaching cashflow breakeven and accessing our more traditional debt products
Time
Key:
Revenue
Cash Generation
Debt capacity is based
upon:
Revenues
Funds raised to date
Scale of business
Post-Seed
Series A
Series B
Series C
Financing Stages of High Growth Businesses
Profit/Revenue
How innovative is the business? Is it a
disruptor of the market or is it more
of "me too"? We look for Innovation
to see if the business sets itself apart
from its competitors in the market.
The people involved in the business.
We will look at the founders, the
management team, the board, the
investors, the non-execs
What Do We Look For?
PIPE model
We'll assess the plan and model, look at the
cash position through the forecast, asses it's
achievability, and sensitise it. We also ask for
Plan B what's the strategy if Plan A doesn't
work? If cash headroom or runway is running
out, what can be done to cut costs to reach
breakeven or positive quicker?
February 19
What equity is invested in the
business now, and what are the plans
going forward? We also look at the
investors
5
People
Innovation
Plan
Equity
Completed Transactions
We have carefully built a proposition to support all segments of the High Growth market, with a selection of debt financing
options. Our High Growth portfolio continues to evolve as companies make successful exits or refinance as they mature
Our Venture Debt
Portfolio
Companies
Eagle Lab, Manchester
February 2019
February 19
1
What Is High Growth?
Introduction & Agenda
February 19
2
Why Barclays and High Growth
Why we want
to help and
how
Venture Debt
How is our
borrowing
proposition for
High Growth
clients
different?
What a good deal looks like
Understanding
our model
Transactions
Who have we
helped so far
A highly experienced network of
Relationship Directors and
industry specialists across the
bank
A vertical structure allows the
team to effectively cover the
entire global TMT landscape
A pan-Barclays proposition that
gives clients access to the
Barclays Premier, Wealth and
Corporate offerings
Barclays has created bespoke
venture loan products to support
fast growing, equity backed
businesses ahead of them reaching
cashflow breakeven and accessing
our more traditional debt products
We currently have a fund of 200m
available for venture debtor Series
A, B & C High Growth deals as well
as some BAU High Growth Deals
Our support goes far beyond
banking. The Barclays network
offers unique opportunities for
High Growth businesses to
connect with our experts and
wider client base, to help them
grow and realise their ambitions
We hosted over 50 High Growth
events in 2016
Our Rise Platform, Barclays
Accelerator and Eagle Labs help
support the wider High Growth
Ecosystem
Four Pillars of our Proposition
February 19
3
Relationship
Management
Holistic
Funding
Pan-Barclays
Approach
Beyond
Banking
We're able to provide you with
focused support at every step
We have dedicated Relationship
Directors across the 8 UK regions
who have been trained at the
Cambridge Judge Business School
With out knowledge of the unique
challenges you and your business
may face, combined with over 300
years of experience we are able to
offer a range of solutions tailored
to meet your specific needs
Barclays has created bespoke venture loan products to support fast-growing, equity-backed businesses
ahead of them reaching cashflow breakeven and accessing our more traditional debt products
Time
Key:
Revenue
Cash Generation
Debt capacity is based
upon:
Revenues
Funds raised to date
Scale of business
Post-Seed
Series A
Series B
Series C
Financing Stages of High Growth Businesses
Profit/Revenue
How innovative is the business? Is it a
disruptor of the market or is it more
of "me too"? We look for Innovation
to see if the business sets itself apart
from its competitors in the market.
The people involved in the business.
We will look at the founders, the
management team, the board, the
investors, the non-execs
What Do We Look For?
PIPE model
We'll assess the plan and model, look at the
cash position through the forecast, asses it's
achievability, and sensitise it. We also ask for
Plan B what's the strategy if Plan A doesn't
work? If cash headroom or runway is running
out, what can be done to cut costs to reach
breakeven or positive quicker?
February 19
What equity is invested in the
business now, and what are the plans
going forward? We also look at the
investors
5
People
Innovation
Plan
Equity
Completed Transactions
We have carefully built a proposition to support all segments of the High Growth market, with a selection of debt financing
options. Our High Growth portfolio continues to evolve as companies make successful exits or refinance as they mature
Our Venture Debt
Portfolio