SyndicateRoom is a UK venture capital fund, headquartered in Cambridge, founded by Gonçalo de Vasconcelos and Tom Britton in September 2013.[1][2] The company is authorised and regulated by the Financial Conduct Authority.[3]
SyndicateRoom initially launched as an equity crowdfunding platform for high-net-worth individuals and angel investors.[4][5]
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.[6]
History
SyndicateRoom was founded by Gonçalo de Vasconcelos and Tom Britton on 21 September 2013.[1] The pair met while studying at the Cambridge Judge Business School at the University of Cambridge.[7]
In April 2014, SyndicateRoom was named Startup of the Year by The Guardian Small Business Showcase.[1]
In June 2014, SyndicateRoom investors committed £700,000 to Radio Physics Solutions, a startup which builds technology to detect 3D printed guns.[8]
In May 2015, SyndicateRoom raised £1.2m in seed funding on its own crowdfunding platform.[9]
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,[10] although it has since closed down the public markets area of its platform.[11][12]
In May 2016, SyndicateRoom raised £3.1m funding in series A round led by Abcam founder Jonathan Milner.[10]
In June 2016, SyndicateRoom launched FundTwenty8, the first passive Enterprise Investment Scheme fund.[13][14]
In July 2019, Gonçalo de Vasconcelos stepped down as CEO and was replaced by Graham Schwikkard.[15]
In September 2019, SyndicateRoom launched Access EIS, the first data-driven Enterprise Investment Scheme fund.[16]
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.[17]
In April 2020, SyndicateRoom invested in Oxford-based laundry startup Oxwash, alongside Twitter co-founder Biz Stone.[18][19]
In March 2022, SyndicateRoom invested in London-based startup Slip.[20]
References
External links