Mark Pearson, Fuel Ventures
Fuel Ventures Scale Up EIS Fund (the “Fund”) is an EIS fund specialising in seed stage investments in the European marketplace, platforms and SaaS sectors. As the early stage investors in some of the UK’s fastest growing technology businesses, the team at Fuel Ventures are able to benefit from high volume deal flow and identify the companies that have the potential to be the next UK high-growth companies.
Key Individuals - Mark Pearson is an award-winning digital entrepreneur and investor. In 2006 Mark began his career in e-commerce. From an initial investment of circa £300 Mark grew MyVoucherCodes into the second biggest voucher code brand in Europe (by revenue and audience) where the network served over two million users in eight territories across Europe and South America and the business employed circa 100 staff in the UK and India.
Mark is supported by a team of experienced investment professionals with backgrounds in venture capital, private equity and entrepreneurship.
High / Adventurous - Capital at Risk
10x return after ten years
Not a reliable indicator of future income.
CURRENT STATUS - OPEN
Open to new investors. The fund is Evergreen. The minimum investment is £10,000 for advised Investors and £100,000 for non-advised Investors.
The Fund will seek to invest in promising companies at the seed stage. As the Investee Company grows it may need additional rounds of funding. As a result, the Investment Manager may allocate a portion of the investment funds to follow-on investments in this Fund and prior Fuel Ventures funds. Given that the Investment Adviser’s team work closely with the portfolio companies, they are well placed to know which companies will require follow-on investment and how they are performing. By participating in future funding rounds, the Fund may gain a larger shareholding in the relevant portfolio companies.
Outlined below is the Investment Manager and Investment Adviser’s four-stage approach used in identifying a potential Investee Company.
Social commerce platform providing a solution for users to sell customised products through social media.
Thrift+ collect and sell your best unwanted clothes, donating part of the proceeds to charity and giving back as credit for the online Thrift+ store.
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These charges can be changed at the Investment Manager’s absolute discretion.
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Please check the fees section of the Information Memorandum for full details. All fees and charges are stated exclusive of VAT, which may be applicable in some cases. Any fees and charges payable by the investee companies or the underlying businesses do not directly come out of your investment. However, they will effectively reduce the returns generated by investee companies and therefore directly impact your investment. The annual management charge for the first five years will be paid upfront by the investee company.
To invest, you must be an eligible investor. To be an eligible investor, you must be qualifying as one or more of the following:
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The value of an investment may go down as well as up, and you may not get back the full amount invested, and you may therefore lose some or all of your investment.
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Past performance is not a guide to future returns.