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SyndicateRoom

UK venture capital fund From Wikipedia, the free encyclopedia

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Syndicate Room Ltd,[1] trading as SyndicateRoom, is a UK venture capital fund, headquartered in Cambridge, founded by Gonçalo de Vasconcelos and Tom Britton in September 2013.[2][3] The company is authorised and regulated by the Financial Conduct Authority.[4]

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SyndicateRoom initially launched as an equity crowdfunding platform for high-net-worth individuals and angel investors.[5][6]

In October 2019, the company announced that it would adopt a venture capital fund investment model, and would no longer offer individual crowdfunding investment opportunities.[7]

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SyndicateRoom was founded by Gonçalo de Vasconcelos and Tom Britton on 21 September 2013.[2] The pair met while studying at the Cambridge Judge Business School at the University of Cambridge.[8]

In April 2014, SyndicateRoom was named Startup of the Year by The Guardian Small Business Showcase.[2]

In June 2014, SyndicateRoom investors committed £700,000 to Radio Physics Solutions, a startup which builds technology to detect 3D printed guns.[9]

In May 2015, SyndicateRoom raised £1.2m in seed funding on its own crowdfunding platform.[10]

In March 2016, SyndicateRoom was the first crowdfunding platform to offer public market investment opportunities after being accepted as a member company of the London Stock Exchange,[11] although it has since closed down the public markets area of its platform.[12][13]

In May 2016, SyndicateRoom raised £3.1m funding in series A round led by Abcam founder Jonathan Milner.[11]

In June 2016, SyndicateRoom launched FundTwenty8, the first passive Enterprise Investment Scheme fund.[14][15]

In July 2019, Gonçalo de Vasconcelos stepped down as CEO and was replaced by Graham Schwikkard.[16]

In September 2019, SyndicateRoom launched Access EIS, the first data-driven Enterprise Investment Scheme fund.[17]

In October 2019, the company announced that it would adopt a new fund-first investment model, and would no longer offer individual equity crowdfunding investment opportunities.[18]

In April 2020, SyndicateRoom invested in Oxford-based laundry startup Oxwash, alongside Twitter co-founder Biz Stone.[19][20]

In March 2022, SyndicateRoom invested in London-based startup Slip.[21]

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References

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