About Worth Capital
Who are the entrepreneurs and investors behind the fund? Find out here
Any self-respecting entrepreneur will look beyond the money and want to know whether a potential investor is right for their business.
So for any business owner considering entering The Start-Up Series seed funding competition, let us tell you a bit more about Worth Capital.
The first thing to say is that Worth Capital has an experienced team, a successful investment portfolio, and a track record with funding competitions it has already run with major media partners Facebook and the Metro.
Worth Capital’s partners, Amersham Investment Management, are Fund Managers for the Start-Up Series SEIS Fund One which will invest in the winning businesses. The fund is Seed Enterprice Investment Scheme (Seed Enterprise Investment Scheme), and is fully compliant with the rules financial services firms have to abide by.
The team behind Worth Capital
Formed to help new entrepreneurs gain access to equity funding and the expertise to turn ideas into successful sustainable businesses, the Worth Capital team has already achieved a great deal.
All are experienced entrepreneurs who have made a series of angel investments in a growing portfolio of start-ups, let’s introduce them:
Among other ventures, Paul Soanes and Paul Ephremsen started experiential agency ID in 1994 with just £2,000 and it has since billed £100m-plus with the likes of Unilever and Britvic on their client list. Another of their agencies – promotional space media owner Brandspace, which operated from 1,000-plus venues such as airports and railway stations – was sold to Octopus Ventures in 2008.
Alex Johns created The London Triathlon in 1998 which became the world’s largest triathlon in its first year as well as iBlink, which was started with £15,000 of investment and sold to advertising giant JC Decaux.
And Matthew Cushen – a successful investor in Brandspace – is a retailer by trade, including working with the John Lewis Partnership and was on the European management board of global innovation agency ?What If!.He is a sought-after innovation consultant working with the likes of IKEA, Tesco, and SABMiller.
Worth Capital’s founders have been investing in start-ups for many years and have invested in over 30 companies to date, including flexible gym membership solution PayAsUGym.
Since forming Worth Capital they have overseen investments in businesses such as shoe brand Air & Grace, interactive movie developer Splendy Entertainment, and London-based bakery and coffee shop Tart.
You can read more about its portfolio here.
Five of the businesses it has backed received investment after entering seed funding competitions promoted by Facebook and the Metro.
Worth Capital raised a fund of £300,000 from 259 investors via Seedrs to back three winners of a retail and hospitality-focused competition in the Metro Newspaper. The competition received close to 1,000 entries.
For its app-focused competition promoted via Facebook, Worth Capital raised £320,000 from 312 investors, investing in two winners from over 400 entries.
If you wish to benefit from the Worth Capital team’s vast experience and knowledge of growing successful companies, enter the competition here or register your interest.