FIGR Ventures launches family office fund to invest in mission-driven founders and startups shaping the consumer sector

FIGR Ventures, a brand-new UK-based family members workplace fund, has actually revealed their main launch to buy early-stage, mission-driven start-ups that are improving the customer market.

Backed by an exclusive family members workplace and co-founded by Fiona Humphries and Ellie Craig, FIGR concentrates on sustaining organizations that supply quantifiable favorable ecological or social effect.

Fiona Humphries, FIGR’s Handling Supervisor, will certainly bait method, procedures, driving the due persistance procedure and making last financial investment choices. As FIGR’s Profile Supervisor, Ellie Craig will certainly be accountable for recognizing and evaluating financial investment chances, and works as the bottom line of get in touch with for all potential and profile owners.

The fund will commonly spend in between EUR241k and EUR361k at the pre-seed and seed phases, targeting firms that straighten with its 3 groups of ‘changemakers’:

• Switchers: Offering choices to eco or socially unsafe customer items. FIGR will certainly choose firms developing high-grade, guilt-free items individuals in fact wish to utilize, from lasting skin care and cleansing items to honest jewelry and food.
• Enablers: Establishing the devices customers and organizations require to make even more lasting and honest options. The fund will certainly back owners creating modern technologies, products and procedures making it less complicated for everyone to do far better, from AI-enabled lasting buying to environmentally friendly product packaging.
• Solvers: Producing groundbreaking options to unresolved issues impacting customers’ lives. FIGR will certainly buy organizations taking on actual issues genuine individuals, which can consist of education and learning, medical care, femtech and even more.

FIGR prepares to make 5 to 6 financial investments annually, deliberately maintaining the profile dimension little to enable its lean group to offer hands-on assistance to owners.

According to FIGR, it is their group’s comprehensive experience in customer industries, local business development, and impact-driven campaigns that establishes them apart. Mentioning their vision, Fiona Humphries specified: ” We began FIGR due to the fact that our team believe the very best means to drive favorable ecological and social adjustment is to integrate philanthropic gives with financial investments right into high-potential, impactful organizations. We’ll be considering all potential financial investments with the lens of their effect, and thinking of their possible to range sustainably and successfully. We’re wanting to discover incredible early-stage organizations and expand them from start-ups right into market leaders.”

Ellie Craig, Profile Supervisor, included: ” We’re truly delighted to companion with enthusiastic owners and offer customized assistance to assist them to expand their organizations. At the onset we’re concentrating on, the owners are one of the most integral part of our financial investment choices. We’re backing great individuals and equipping them to construct fantastic organizations.”

FIGR Ventures’ advising group consists of Nic Humphries, Elder Companion at Hg; Richard Chapple, Founder of The Development Structure; and Richard Johnson, Effect Expert at Volans, to name a few.

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