The United Kingdom – March 25, 2019 – London-based Cabot Global Investments is launching a Seed fund focused specifically on the HR Technology sector. The new Seed Fund will be a collaboration of industry experts, investors, and entrepreneurs, which pool expertise, networks, and capital to support companies with venture-class returns.
The objective is to combine the best aspects of angel investing, enthusiasm, hands-on approach, speed of decision-making, with the formal structure of a fund that is able to make follow-on investments through a wider network of industry contacts and institutional investors.
The Fund will write typical angel-sized investments to pre-seed startups that have the potential to become category leaders yet they are not quite ready for brand-name VC support. The idea is to not only fill pipeline of viable follow on investments, but also to engage with HR Tech companies that would otherwise turn to startup accelerators asking for a larger stake in return for a much smaller investment.
Managing Partner, Andrew Grevett said, “Our investment team has great hands-on experience with startups and a track record of identifying opportunities and supporting founders early. We are very excited about opportunities that lie outside the usual HR Tech realms of recruitment, payroll, benefits and HRIS. Key macro trends underpin HR Tech innovation and I believe innovation will continue to radically transform the future of work. With this change will come investment opportunity.”
About Cabot Global Investments:
Cabot Global Investments is a sector-focused advisory firm supporting HR Technology companies with mergers, acquisitions and equity and financing.