Passion Capital

Overview

Since 2011 we've funded 50 early-stage tech startups, backing over 100 founders who have grown their teams to include over 700 team members.

Country: United Kingdom

Founded: 2011

Headquarters: London

Investment Strategy

Geography

  • Europe

Sector Focus

  • Marketplace Lending
  • WealthTech
  • Payments and Remittances
  • Cryptocurrencies

Investment Stage

  • Seed
  • Series B
  • Series C

Summary

Passion Capital is a partnership of entrepreneurs and operators who are applying our experiences to helping founders and early-stage teams build great digital media/technology companies. We are Stefan Glaenzer, Eileen Burbidge and Robert Dighero. We have been personally involved in the largest European technology exits of the past decade, including the biggest exits of the year for 4 of the past 10 years by market value (Ricardo.de acquired by QXL, Skype purchased by Ebay, Last.fm acquired by CBS, and QXL/Tradus acquired by Naspers) — and want to be involved in many more. We believe that the critical differentiator and key asset of a successful business is the passion and ability of its founders. We are committed to fostering an ecosystem of technology, collaboration and executional excellence in Europe. As an example of this, White Bear Yard is our own hub for activities, ambitions and energy… and where have fun in the process.

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Investments

Date

Name

Size

Round

Co-Investors

Sector

Country

August 2016

Ginmon GmbH

Undisclosed

Undisclosed

None

WealthTech

Germany

July 2016

Tide

$2m

Seed

Alex Chesterman, Errol Damelin, Greg Marsh, Ian Hogarth, Jason Goodman, LocalGlobe, William Reeves

Payments & Remittances

March 2016

GoCardless

$13m

Series C

Notion Capital, Axcel Partners, Balderton Capital

Payments & Remittances

United Kingdom

February 2016

Monzo

£5m

Undisclosed

None

WealthTech

United Kingdom

June 2015

Monzo

£2m

Seed

Jeremy Yap

Wealth Tech

United Kingdom

December 2014

Lendable

£2.5m

Seed

Eileen Burbidge, Robert Dighero, Stefan Glaenzer

Marketplace Lending

United Kingdom

June 2014

Coinfloor

£200k

Undisclosed Amount

Adam Knight, Taavet Hinrikus

Cryptocurrency

United Kingdom

May 2014

TruckTrack

€260k

Seed

None

Infrastructure and Enterprise Technology

United Kingdom

January 2014

GoCardless

$7m

Series B

Balderton Capital, Accel Partners

Payments & Remittances

United Kingdom

Funds Raised

Vintage

Fund Name

Amount

2015

Passion Capital Fund II

$69m

2011

Investment Fund I

$60m

Key Employees

Eileen Burbidge
Partner

Robert Dighero
Partner

Stefan Glaenzer
Partner