Who we are

We back capital-efficient software founders across Europe and the UK.

We believe that enduring value is created through sustainable, resilient growth. We prioritise long-term outcomes over short-term optics, partnering with founders who build for durability.

Close-up of tree bark with patches of greenish lichen and small reddish-orange fungi.

Our Values

Honesty

We say what we mean, and we mean what we say.

We build trust through transparency with our founders, investors, and each other. We give direct feedback and don’t make promises we can’t keep. When we don’t know, we say so.

Discipline

Great businesses don’t grow by accident.

We value measured, capital-efficient growth. We seek founders who care deeply about how they spend, not how much they raise.

Partnership

We see our role as a thought partner.

We listen first, ask tough questions when needed, and show up when it counts. We respect a founder’s autonomy and back them to make the calls.

Clarity of Thought

Sound decisions start with sharp thinking.

We value logic over noise, clarity over complexity. Whether it's pricing strategy, market entry, or team structure, we aim to bring clean, rigorous thinking to every conversation.