Early stage private equity is a compelling asset class. And what Seedrs has managed to do over the last decade to broaden access to it is remarkable, and something we take great pride in. Where historically, investing in startups and high growth companies was a highly restricted and exclusive investment arena, in 2024 it could not be easier to invest in some of Europe\u2019s most innovative companies right from the start. Seedrs, alongside our peers in the market, have been instrumental in this process, democratising private investing by working tirelessly to give individuals the opportunity to share in the success of businesses they believe in. <\/p>\n\n\n\n
We\u2019re proud of the fact that, as a whole, our funded deals \u2013 what we call the Seedrs portfolio \u2013 now have an annualised IRR of 12.91% from our launch in 2012 through the end of 2022. On a tax-adjusted basis, the annualised IRR is 18.36%. <\/p>\n\n\n\n
This performance is extremely competitive when benchmarked against comparable investments over roughly the same period. These include in public markets where the annualised total return of the FTSE 100 measured from 2012 to 2022 sits at 6.3%<\/a> and in private markets where the British Venture Capital Association (BVCA) reported a ten year horizon aggregated return of 17% to 31 December 2022<\/a> for funds managed by its members. <\/p>\n\n\n\n While I think that speaks to the undeniable quality of the businesses we\u2019ve invested in as a whole, including some of the world\u2019s most recognisable brands like Revolut, the IRR of the full portfolio is ultimately a passive indicator of overall performance. Seedrs is a two-sided marketplace where we empower our investors to make active choices in the market and have full agency over their portfolio (indeed, some of our top investors have created portfolios on Seedrs that far outperform the platform-wide IRR). We are not advisors but facilitators, connecting exciting founders with ambitious investors.<\/p>\n\n\n\n But it\u2019s not all been upside. We know all too well that successfully taking a company from inception to exit is a herculean task. While many of the Seedrs portfolio have delivered success, the reality of startups is that often they fail. <\/p>\n\n\n\n To tell the story of our portfolio, we published our first comprehensive report in 2016. Since then, we have been a pioneer in our industry in terms of delivering portfolio performance information to investors, including through building features on our platform that give investors the ability to see their portfolio performance in real time.<\/p>\n\n\n\n