Backed is a €50m community-driven seed stage VC fund, based in London.
In the two years since launching they have backed 25 rapidly scaling companies, building products loved by the millennial generation or solving deeply technical problems faced by the next generation. Over ninety percent of the companies they backed more than 9 months ago have already secured follow-on funding at an average valuation markup of 3x, raising from the best investors in Europe such as Index Ventures, and in the US such as Founders Fund.
As a team, they're united by an obsession with how disruptive technology companies can change the world for the better. Everything they do focuses on nurturing the potential in exceptional founding teams, supporting them every step of the way through the gnarly challenges of transforming their visions into legacy-defining businesses.
Backed is an ambitious startup itself. They move extremely fast,
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