Fintech
UK-based VC firm 13books Capital closes new fintech fund
- The fund will be used to distribute investments in the early and late stages of Serie A with ticket values ranging from £1m to £7m.
- Currently, the vehicle has made five investments, including Aria, an API-enabled embedded invoicing platform, and Ramify, a digital wealth management platform.
- 13books Capital was founded in 2019
13books Capital, a London-based financial technology-focused venture capital firm, has closed its new fund at £121 million, according to a Report by VCWire.tech.
Limited partners of the fund include British Patient Capital and KfW Germany.
The fund will be used to distribute investments from the seed phase to Series A, with amounts ranging from £1m to £7m.
The vehicle has currently made five investments, including Aria, an API-based integrated invoicing platform, and Ramify, a digital wealth management platform.
13books Capital was founded by Steve Gibson and Michael McFadgen in 2019.