Sprout is aiming to connect “underserved” private investors to leading venture capital funds
- The round included a mix of family offices and angel investors, including early backers of Wise, Pipe and Betway
- Sprout was founded in 2021 by Jonny Blausten (CEO), Daniel Lehmann (chief operating officer), and PwC Raise Ventures founding member Rich Abrahams (chief investment officer)
- Sprout offers a minimum investment of £5,000 for high-net-worth and ultra-high-net-worth individuals who do not have access to VC funds
What does this mean?
“We’ve witnessed the appetite for long-term, higher upside investment classes like venture capital, and have experienced first-hand the high minimum investments and requirement to have extensive industry knowledge,” Sprout CEO Blausten said. “We’re helping underserved investors access high-performing VC funds, as they rightfully should.”