Independent rating of 7percent Ventures VC fund
Overall rating:
4.7
(20)
About 7percent Ventures VC fund
Website:
Founded:
2014
Number of funds:
2
Number of investments:
67
Number of exits:
7
Headquarters:
Organization type:
Micro VC
How 7percent Ventures VC fund invests
Rounds:
Average ticket size:
1.6M USD
Biggest investment:
5.57M USD
Would lead round:
Yes
Would coinvest:
Yes
Countries where invested:
Sectors of interest:
Software, Financial Services, Health Care, FinTech, Artificial Intelligence, Apps, mHealth, Wellness, Sustainability, Shopping, Retail, Recruiting, Personal Health, Medical, Marketplace, Machine Learning, Legal Tech, Legal, Internet, Insurance, InsurTech, Information Technology, Impact Investing, E-Commerce, Crowdfunding, Computer Vision, Clean Energy, Augmented Reality
Founders' reviews of 7percent Ventures VC fund
Older than a year by portfolio founder
Round: Seed
Zoom Zoom
Raised money from 7pc. The process was smooth and fast. They didn't push for anything unreasonable and we've enjoyed working with them since.
Older than a year by portfolio founder
Round: Pre-Seed
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Tip Top
Fast, supportive, approachable. Highly recommend.
Older than a year by non-portfolio founder
Round: Pre-Seed
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They Seem Reasonable, but my Experience was Not
Reached out to Andrew S. a long time ago, exchanged couple of emails, then he ghosted me (i followed up 2-3 times). Then, one of the investors who looked into us and was their friend reconnected us back. Andrew S. emailed without even saying 'hi', just proposed the call the next day. I took the call. Ivailo generally asked good questions and seemed prepared for the meeting. Then, during the call Andrew S. dropped out for 10 minutes and came back. Andrew G. joined 20 min late. I can see them trying to be helpful but the call was probably the worst I had so far.
Older than a year by non-portfolio founder
Round: Seed
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Did More Than He Had Too
Andrew was very kind with his response and gave insightful feedback which a lot of other firms do not.
Older than a year by non-portfolio founder
Round: Seed
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Its Nice When Someone Who Knows What They're Doing Really Dives IN
Andrew went the extra length to find out if our company fits their thesis. While the answer was No in the end, the feedback we received left us better shaped for our fund raising journey.
Older than a year by non-portfolio founder
Round: Pre-Seed
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Built Us Up for the Future
While we didn't proceed with the raise, I appreciate the feedback and insight shared with I'm sure will help me do better in the next round.
Older than a year by portfolio founder
Round: Seed
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Hit the Mark
Very good in general
Older than a year by portfolio founder
Round: Pre-Seed
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Better Than Just the Top 7%
Our experience with 7percent has been fantastic. They’re diligent and knowledgeable, they took the time to understand our space and our approach, and they’ve invested with conviction.
Since investing they’ve been available and helpful and they’ve clearly communicated how they can add value going forwards.
Most importantly they absolutely understand the founder perspective (having been there) and they optimise for what’s best for the company - not just their investment in the short term.
I wouldn’t hesitate to recommend them.
Older than a year by portfolio founder
Round: Pre-Seed
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If I had to Choose Between Them and Beer, I'd Choose Them
Incredibly supportive VC - very founder friendly. Always on tap for advice, support, strategy and connections. The backing of this VC enabled us to avoid mistakes and move rapidly with confidence. Extremely honest in their feedback which is critical to growth.
Older than a year by non-portfolio founder
Round: Pre-Seed
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Pleasant
I found dialogue with 7pc insightful and positive.
Older than a year by non-portfolio founder
Round: Seed
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Unobtrusively Making Improvements
Great, they are prompt, give feedback and actively seek to point out areas of imporovement. This is where there is real value add.
Older than a year by portfolio founder
Round: Seed
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Definitely Not Pretenders
The partners are all ex founders so understand the founder journey, I would highly recommend 7percent Ventures.
Older than a year by non-portfolio founder
Round: Seed
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Thankful to Share His Wave Length
Had a great experience with Ivailo. His questions were really engaged and talking through everything with him also taught us a lot about what we're doing.
Older than a year by non-portfolio founder
Round: Series A
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Didn't Pan Out
We were a bit too late-stage for them, but I really would recommend them and know fellow founders who've been extremely happy having them as investors.
Older than a year by non-portfolio founder
Round: Pre-Seed
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Comfortable Enough to Shoot Straight
Very open and candid in communication style and feedback loops. Appreciated the pre-call feedback (while a bit disarming/unorthodox) and both partners we spoke to provided good feedback. It's clear that this is a VC team that's been there before and really understands company-building, not just investing.
Older than a year by portfolio founder
Round: Seed
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Trending Up
It was great to get 7pc onboard as an investor, and we were pleased to get the capital, but since the investment our relationship has really developed and they've been enormously supportive. They have helped us to structure subsequent rounds, both with advice and introductions to next stage investors, and they continue to provide ongoing strategic advice and introductions on a regular basis. They are never interfering, but always available and supportive. Great investors!
Older than a year by non-portfolio founder
Round: Pre-Seed
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Homely
We got great value out of the conversation we had with Andrew. He did a great job in providing us with feedback and challenging areas of our business. This has given us a new perspective and opportunity to revise our strategy. I enjoyed the informal nature of the meeting and the no-bullshit approach which is very rare to find these days!
Older than a year by portfolio founder
Round: Seed
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League of Their Own
Totally different experience to any UK VC. Fast, extremely knowledgeable and genuinely value add (early stage).
Older than a year by portfolio founder
Round: Seed
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Almost Like Leapfrog
7pc are a high conviction VC. They understand super-early stage companies really well and are flexible and founder friendly. They moved quickly from first discussion to decision and were very open throughout the whole process.
Older than a year by portfolio founder
Round: Pre-Seed
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Class Act
Frictionless process, no BS and straight to the point. 7pc weren't a lead in our round, but I wish they were, given the approachability shown by the whole team