LocalGlobe Overview

LocalGlobe is a London-based venture capital firm specializing in pre-seed and seed-stage investments across the United Kingdom and Europe. Established in 1999, the firm has been a trusted partner for founders, supporting a diverse range of sectors including FinTech, E-Commerce, SaaS, Software, AI, and Machine Learning. Their investment strategy emphasizes backing exceptional founders with innovative ideas that have the potential to disrupt traditional industries. LocalGlobe typically writes initial checks ranging from approximately $300,000 to $2.5 million, aiming to be a lead or significant participant in seed rounds. They are known for their long-term commitment, often participating in follow-on rounds through their associated Latitude Ventures funds, which handle later-stage growth investments. This integrated approach allows them to support companies throughout their lifecycle, from inception to exit. Notable portfolio companies include fintech giant Wise (formerly TransferWise), online car retailer Cazoo, property portal Zoopla, and urban mobility app Citymapper. In 2022, LocalGlobe rebranded under the parent company Phoenix Court Group, which closed a $500 million (£407 million) fund to invest from seed stage to IPO and beyond. This rebranding reflects the firm's commitment to supporting startups throughout their entire growth journey, positioning itself as a lifelong partner rather than a one-off investor. The firm's ethos extends beyond profit alone, with initiatives like the Phoenix Court Works foundation allocating 10% of profits to community projects in health, education, and climate change, illustrating their sincere commitment to social impact.

Is LocalGlobe the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with LocalGlobe, along with a list of other relevant VCs, is available on Hopohopo.io.