{"id":15232,"date":"2024-05-02T14:42:15","date_gmt":"2024-05-02T13:42:15","guid":{"rendered":"https:\/\/www.seedrs.com\/insights\/?p=15232"},"modified":"2024-05-02T14:42:15","modified_gmt":"2024-05-02T13:42:15","slug":"haatch-eis-fund-launches-on-seedrs","status":"publish","type":"post","link":"https:\/\/europe.republic.com\/insights\/blog\/haatch-eis-fund-launches-on-seedrs","title":{"rendered":"Haatch EIS Fund launches on Seedrs"},"content":{"rendered":"\n

Don\u2019t invest unless you\u2019re prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more<\/a>.<\/strong><\/p>\n\n\n\n

Seedrs has teamed up with Haatch<\/a> – an industry leading investor – to launch their award winning Enterprise Investment Scheme (EIS) Fund on the platform. <\/p>\n\n\n\n

Open to all investors on the Seedrs platform, the Fund (described in detail below) will invest in some of the most exciting pre-seed B2B SaaS companies in the UK and will be focused on supporting these businesses on their journey to \u00a31m of Annual Recurring Revenue (ARR) and building the infrastructure to enable them to get to \u00a310m+ in the future. <\/p>\n\n\n\n

Read on to find out more about EIS Funds, Haatch and the investment opportunity on offer.\u00a0<\/p>\n\n\n\n

About EIS and EIS Funds <\/strong><\/p>\n\n\n\n

The Enterprise Investment Scheme (EIS) is a government-backed scheme that aims to help smaller companies raise finance by providing tax reliefs (including up to 30% on income tax) to investors who purchase shares in these companies. The scheme was introduced in 1994 and has since become one of the most popular tax-efficient investment schemes in the UK.

An EIS fund pools money from different investors and invests in a portfolio of companies that meet the strict EIS eligibility criteria around size, age and financial status. Like any other venture capital fund, the fund manager will be on the lookout for businesses that have strong business models, value propositions and fundamentals for sustainable growth. However, unlike normal venture capital funds, investors will be directly investing in the underlying companies rather than becoming Limited Partners (LPs) in the overall Fund. A full description of the different types of venture capital fund can be found here<\/a>.

About Haatch
<\/strong>
Leveraging their extensive experience building and then exiting one of the UK\u2019s early success stories in eCommerce, Scott Weavers-Wright OBE and Fred Soneya founded Haatch Angel in 2013. <\/p>\n\n\n\n

Haatch Angel exceeded targets with highlights including portfolio company Veritonic raising their $7.5m Series A at a 22x uplift from the valuation of Haatch Angel\u2019s original investment. <\/p>\n\n\n\n

Fuelled by their early successes, Haatch launched their first Seed Stage EIS Fund in 2018 and is now an award winning investor which creates funds that invest in some of the most exciting seed and pre-seed B2B SaaS companies in the UK. The stats speak for themselves*:\u00a0<\/p>\n\n\n\n