Name: Ranvir Singh – Investment Manager

Investment company name: GC ANGELS

AUM: £3.1m

No. of Portfolio companies: 32

No. of Portfolio companies in the North of England: 32

Average no. of deals per year: 10-12

Team size: 5

Website: www.gcangels.uk

Location(s): Manchester

Name three notable portfolio companies: ByGamersForGamers (BGFG), Capslock, ClearCycle

Fund name: The Enterprise Fund

Investment ticket range: £50k - £200k

Stage: Pre-seed/seed

Sectors: Agnostic

Location: Greater Manchester

Other investment criteria: Business must be based in Greater Manchester and provide wider social impact for GM/Max round size £1.5m/Max pre money val £4m/Can lead or follow in a round.

What do you look for in an investee business? 🔗

• Round size of £250k - £1.5m
• Pre-money valuation under £4m
• Business based in GM or willing to relocate all/part of business into GM
• Motivated founder with market experience
• Strong founding team
• MVP developed as a minimum
• Evidence of product-market fit
• Early revenue or evidence of customer pipeline
• Other institutional investors committed is an advantage
• IUK grant win is an advantage
• Less likely to invest in sectors with longer commercialisation pathways such as life sciences, medtech, deeptech etc

Why founders choose you as an investor? 🔗

• Over 25% of our portfolio companies are run by minority founders
• We are a ‘true’ pre-seed investor – revenue generation is not a prerequisite for our investment
• Our investment does not impact on SEIS/EIS allowances so we are a great syndication partner
• We can bring networks from GMCA, GM Growth Hub and IUK Business Growth to support portfolio companies post investment
• We do not require a board seat
• We can refer companies into the GMCA main fund for follow-on funding from £250k - £5m

How to get in touch with you? 🔗

Email: gcangels@growthco.uk

Website form: www.gcangels.uk

LinkedIn - (2) GC Angels: Overview | LinkedIn