Techcelerate Launch on 5th Feb 2019 at Barclays Eagle Labs Manchester
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
TECH GROWTH
Accelerated through
(Investment & Growth) Advisory
A mini GP Bullhound operating in 350k to
5m tech investment growth advisory
market.
Working with ambitious and driven tech
founders (100m revenue potential).
Supported by a rapidly growing
Techcelerate Network
(talent and markets).
Backed by
data and insights.
01
- Michael Holligan (Barclays)
- Manoj Ranaweera (Techcelerate)
UK Investment Analysis
02
- SeedLegals (Anthony Rose)
- RDVault (Shoayb Patel)
- Crowe (Michael Jayson)
Launch Partners
03
- Matthew Priestley (Barclays Eagle Labs)
- Alexandra Morris (Techcelerate Network)
- Manoj Ranaweera (Techcelerate)
Introductions
Agenda
01
- Andrew Threlfall (Malinko)
- Anthony Rose (SeedLegal)
Panel Discussion
4
Introduction
2011
2010
2013
2012
2007
2006
Techcelerate History (2006 to
2013)
Northern
Startup 2.0
OpenCoffee
Northern Tech
Awards
ACQUISITION
100+
Events
2,300 tech entrepreneurs + senior managers of tech companies + investors + dealmakers + service providers + academia
From San Francisco to Shanghai
Manoj shutdowns his
first Fintech startup
Tech Centre
MCR
Techcelerate
2014
Her Majesty
the Queen
2017
May - Techcelerate Coffees Manchester
Jun - Deal Data
Nov - Techcelerate Coffees London
2018
2019
Feb - Launch with Partners
Techcelerate Events: 12
Techcelerate Network: 417
Techcelerate Specialists: 6
Deals captured: 600+
MCR startups: 169
01
Mainly as a result of (1). Irrespective of how promising an idea
might be, if resource needs cannot be financed, most startups
end up dead before they get a chance to prove.
Running out of cash
02
Startups are testing times for best of friends. Very few
manage to keep things together when rough times hit.
Founder disputes
03
Inability to reach product/market fit and gain traction
before running out of funds.
No market
Problem
Startups
are hard
Many fails
due to lack of
capital
01
It's a dog eat dog world, especially if you need funding to
keep going.
Competition
4
Whilst there is more startup capital
than ever before, the number of
startups has also increased
significantly.
Taking the eyeball from the business to
raise funding can have a dramatic impact
on keeping your tech company alive.
Your Trusted Advisor for Founder Journey
Start to Exit
01
02
03
04
05
06
Growing user base with
conversions
Problem/Solution Fit
MVP
Idea
ARR > 1m
MRR > 100k
Growth Stage 1
ARR > 5m
MRR > 500k
Growth Stage 2
Users cannot live without
Growing customer base
Product/Market Fit
Development
Resources
Continuous refinement
based on early feedback
Growth metrics
Growth channels
Experimenting
traction models
- Investment
- Strategy & Positioning
- Talent
- Revenue channels
- Research
Seed
Family, Friends & Fools
(FFF)
Accelerator
Pre-Seed
Seed
Seed Follow On
Growth
Pre-Series A
Series A
Series A Follow On
Pre-Series B
Series B
Series B Follow On
Pre-Series C
Acquisition
Series C
Series C Follow On
Pre-Series D
Series D
Series D Follow On
Acquired
IPO
Pre-IPO
IPO
Share Placings
01
02
03
04
05
Techcelerate
Value Add
01
02
03
04
05
06
07
Deal negotiation and
completion support
Short listing of investors and
Investor introductions
Investment Readiness
Detailed due diligence
Sign Agreement
Initial due diligence
Techcelerate
Investment Process
Investment secured
Growth Support
Manoj Ranaweera
INVESTMENT &
RESEARCH
David Bailey
Finance
Merryns
Stuart Scott-Goldstone
Legal
Aaron & Partners
Techcelerate
Growth Support
Alexandra Morris
NETWORK
Stewart Townsend
TALENT
Techcelerate Specialists
Question!
3 months - Investment Readiness
3 - months to close
15
Co-operation
Happy to review pre-qualified
investment opportunities
introduced by Techcelerate
Pledge
Given a commitment (not a
binding contract) to review
pre-qualified investment
opportunities introduced by
Techcelerate
Partnership
Techcelerate represents the
investor in Manchester and
the North West of UK
25%
50%
75%
Strategic
Invests into Techcelerate
micro Fund
(in future)
100%
Techcelerate Investment
Angel/Investor Relationships
16
Angels
Mostly current Tech CEOs
Pledge
Disposable income for
investment
6
2.2m
Techcelerate
Angel Network
Chap
with the
midas
touch
UK Investment
Landscape
Venture debt finance
Equity finance
UK Investment
Landscape
Equity finance
5.24bn #559 deals
Tracking started
in June 2018
300m IPO
Funding Options
169.3m IPO
AJ Bell
191.86m
Greensill
#559 Investments
Tracking started
in June 2018
Top Sectors
Top Sectors
Regional Analysis
307m #43 deals
Tracking started
in June 2018
169.3m IPO
AJ Bell
Top North West Deals
Company
Investors
Industry
Amount
AJ Bell
651m listing price. Raise was used to pay existing
shareholders. LSE
FinTech
169.30
Love Energy Savings
LDC with partial exit for NVM Private Equity
PriceComparison
25.00
Matillion
Sapphire Ventures (formerly SAP Ventures), Scale
Venture Partners, YFM Equity Partners
Data
14.19
Zilico
MaxHelath Medical Group, Deepbridge Capital
HealthTech
13.5
UKFast
Inflexion Private Equity
Hosting
10.42
Miss Group
BGF
Web Hosting
6.40
Immotion
LSE: AIM
VR/AR
6.00
Evoke Creative
BGF
MediaTech
6.00
Genedrive
3.5m from BGF
MedTech
6.00
vTime
Deepbridge Capital, MSIF
VR/AR
5.83
Upside Energy
Legal & General Capital, SYSTEMIQ
EnergyTech
5.5
CurrentBody
NVM Private Equity
RetailTech
5
ParkCloud
Merica
TravelTech
4.00
Ditto
IP Group
AI
4
Biddoh
OKEx Exchange, OK Blockchain Capital, Buzz
Capital
MarTech
3.84
Top 15 Deals
Access to Deal Data
52/year for the first 50
Need another 44 early subscribers to
validate before we start coding
Accelerated through
(Investment & Growth) Advisory
A mini GP Bullhound operating in 350k to
5m tech investment growth advisory
market.
Working with ambitious and driven tech
founders (100m revenue potential).
Supported by a rapidly growing
Techcelerate Network
(talent and markets).
Backed by
data and insights.
01
- Michael Holligan (Barclays)
- Manoj Ranaweera (Techcelerate)
UK Investment Analysis
02
- SeedLegals (Anthony Rose)
- RDVault (Shoayb Patel)
- Crowe (Michael Jayson)
Launch Partners
03
- Matthew Priestley (Barclays Eagle Labs)
- Alexandra Morris (Techcelerate Network)
- Manoj Ranaweera (Techcelerate)
Introductions
Agenda
01
- Andrew Threlfall (Malinko)
- Anthony Rose (SeedLegal)
Panel Discussion
4
Introduction
2011
2010
2013
2012
2007
2006
Techcelerate History (2006 to
2013)
Northern
Startup 2.0
OpenCoffee
Northern Tech
Awards
ACQUISITION
100+
Events
2,300 tech entrepreneurs + senior managers of tech companies + investors + dealmakers + service providers + academia
From San Francisco to Shanghai
Manoj shutdowns his
first Fintech startup
Tech Centre
MCR
Techcelerate
2014
Her Majesty
the Queen
2017
May - Techcelerate Coffees Manchester
Jun - Deal Data
Nov - Techcelerate Coffees London
2018
2019
Feb - Launch with Partners
Techcelerate Events: 12
Techcelerate Network: 417
Techcelerate Specialists: 6
Deals captured: 600+
MCR startups: 169
01
Mainly as a result of (1). Irrespective of how promising an idea
might be, if resource needs cannot be financed, most startups
end up dead before they get a chance to prove.
Running out of cash
02
Startups are testing times for best of friends. Very few
manage to keep things together when rough times hit.
Founder disputes
03
Inability to reach product/market fit and gain traction
before running out of funds.
No market
Problem
Startups
are hard
Many fails
due to lack of
capital
01
It's a dog eat dog world, especially if you need funding to
keep going.
Competition
4
Whilst there is more startup capital
than ever before, the number of
startups has also increased
significantly.
Taking the eyeball from the business to
raise funding can have a dramatic impact
on keeping your tech company alive.
Your Trusted Advisor for Founder Journey
Start to Exit
01
02
03
04
05
06
Growing user base with
conversions
Problem/Solution Fit
MVP
Idea
ARR > 1m
MRR > 100k
Growth Stage 1
ARR > 5m
MRR > 500k
Growth Stage 2
Users cannot live without
Growing customer base
Product/Market Fit
Development
Resources
Continuous refinement
based on early feedback
Growth metrics
Growth channels
Experimenting
traction models
- Investment
- Strategy & Positioning
- Talent
- Revenue channels
- Research
Seed
Family, Friends & Fools
(FFF)
Accelerator
Pre-Seed
Seed
Seed Follow On
Growth
Pre-Series A
Series A
Series A Follow On
Pre-Series B
Series B
Series B Follow On
Pre-Series C
Acquisition
Series C
Series C Follow On
Pre-Series D
Series D
Series D Follow On
Acquired
IPO
Pre-IPO
IPO
Share Placings
01
02
03
04
05
Techcelerate
Value Add
01
02
03
04
05
06
07
Deal negotiation and
completion support
Short listing of investors and
Investor introductions
Investment Readiness
Detailed due diligence
Sign Agreement
Initial due diligence
Techcelerate
Investment Process
Investment secured
Growth Support
Manoj Ranaweera
INVESTMENT &
RESEARCH
David Bailey
Finance
Merryns
Stuart Scott-Goldstone
Legal
Aaron & Partners
Techcelerate
Growth Support
Alexandra Morris
NETWORK
Stewart Townsend
TALENT
Techcelerate Specialists
Question!
3 months - Investment Readiness
3 - months to close
15
Co-operation
Happy to review pre-qualified
investment opportunities
introduced by Techcelerate
Pledge
Given a commitment (not a
binding contract) to review
pre-qualified investment
opportunities introduced by
Techcelerate
Partnership
Techcelerate represents the
investor in Manchester and
the North West of UK
25%
50%
75%
Strategic
Invests into Techcelerate
micro Fund
(in future)
100%
Techcelerate Investment
Angel/Investor Relationships
16
Angels
Mostly current Tech CEOs
Pledge
Disposable income for
investment
6
2.2m
Techcelerate
Angel Network
Chap
with the
midas
touch
UK Investment
Landscape
Venture debt finance
Equity finance
UK Investment
Landscape
Equity finance
5.24bn #559 deals
Tracking started
in June 2018
300m IPO
Funding Options
169.3m IPO
AJ Bell
191.86m
Greensill
#559 Investments
Tracking started
in June 2018
Top Sectors
Top Sectors
Regional Analysis
307m #43 deals
Tracking started
in June 2018
169.3m IPO
AJ Bell
Top North West Deals
Company
Investors
Industry
Amount
AJ Bell
651m listing price. Raise was used to pay existing
shareholders. LSE
FinTech
169.30
Love Energy Savings
LDC with partial exit for NVM Private Equity
PriceComparison
25.00
Matillion
Sapphire Ventures (formerly SAP Ventures), Scale
Venture Partners, YFM Equity Partners
Data
14.19
Zilico
MaxHelath Medical Group, Deepbridge Capital
HealthTech
13.5
UKFast
Inflexion Private Equity
Hosting
10.42
Miss Group
BGF
Web Hosting
6.40
Immotion
LSE: AIM
VR/AR
6.00
Evoke Creative
BGF
MediaTech
6.00
Genedrive
3.5m from BGF
MedTech
6.00
vTime
Deepbridge Capital, MSIF
VR/AR
5.83
Upside Energy
Legal & General Capital, SYSTEMIQ
EnergyTech
5.5
CurrentBody
NVM Private Equity
RetailTech
5
ParkCloud
Merica
TravelTech
4.00
Ditto
IP Group
AI
4
Biddoh
OKEx Exchange, OK Blockchain Capital, Buzz
Capital
MarTech
3.84
Top 15 Deals
Access to Deal Data
52/year for the first 50
Need another 44 early subscribers to
validate before we start coding