Did Seedcamp invest in Uncapped?

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Seedcamp invested in Uncapped in 2019.

About Seedcamp

Seedcamp is a European seed-stage venture capital fund which was launched in London in 2007. Seedcamp has a successful track record of being the earliest backer of a number of leading companies such as Revolut, Wise, Hopin and UiPath. Seedcamp tend to have standard investment and legal terms for the pre-seed round and will follow the terms of lead investors at the seed round. Seedcamp will lead pre-seed investment rounds but will partner with other lead investors for seed rounds. Seedcamp tends to invest £300k in exchange for 6-7% at the pre-seed level and £500k at the seed level.

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About Uncapped

Founded in 2019 by Piotr Pisarz and Asher Ismail, Uncapped provides founders with business advances of between £10k and £5m for a flat fee as low as 6%. Businesses only repay the capital as they make revenue with no set repayment and no compounding interest, equity or personal guarantees, and there are no credit checks or business plans required.

Why did Seedcamp invest in Uncapped?

Seedcamp were impressed by Uncapped's approach to disrupting growth financing and the fact that their first hand experience as entrepreneurs and investors put them in the perfect position to truly understand the main barriers founders face while raising funds.

To find out more, visit the websites of Seedcamp and Uncapped.

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