Growth Capital Ventures (GCV) says it booked two exits of portfolio companies during 2022, each “providing profitable returns for all investors.”
GCV is an online capital formation platform that promotes itself as a “private investor network” that provides access for individual investors in promising young firms, typically in a tax-efficient process. GCV focuses on venture capital, property, and private equity, combining both institutional money as well as sophisticated investors.
To date, GCV reports a portfolio value of £600 million with 15+ transactions generating a 25% IRR or a 5.2X unrealized gain. GCV also operates GCV Labs, an accelerator or venture builder where it can work with early-stage ventures to help create a path to success.
In 2022, GCV said that threat intelligence platform Intelligence Fusion, a participant in GCV Labs, exited via a strategic trade acquisition. CLMH is another firm that provided a return for investors through a partial exit to a Family Office. GCV states that, on average, investors have experienced a 42X money-on-money return.
A recent blog post by GCV notes the growing popularity of venture capital in the UK – the most active VC jurisdiction in all of Europe – adding that in 2021 “startups and scaleups in the UK as a whole attracted £29.4 billion of investment. This was double the figure raised in Germany (£14.7 billion) and three times the amount raised in France (£9.7 billion).”
While investing in private firms may not be for everyone – and certainly not the impatient – GCV provides access to interesting private firms like Finance Nation.