About the Follow-On EIS Fund
The Fuel Ventures Follow-On EIS Fund makes follow-on investments in existing portfolio companies. It targets the 5-8 of the best performing companies in our portfolio who need additional capital to accelerate their already proven growth.
A follow-on investment decision from the Fuel Ventures EIS Fund goes through a rigorous decision-making process, which includes approval by our experience Advisory Committee and Investment Committee.
By having most of our portfolio companies based in our co-working space, we have a good understanding of which of our companies are fast growing and could benefit most from follow-on investment. This means we can deploy the fund in a short period of time, giving EIS investors the ability to carry-back their tax relief to the previous tax year.
- Current status: Open for deployment in 2023/24 tax year
- Fund type: EIS
- Investment goal: Growth
- Invests in: Marketplaces, platforms, SaaS
- Portfolio size: 5-8 companies
- Target returns: 5x
- Target time to full investment: Before 30th March 2024
- Tax relief available: EIS (income tax relief, capital gains tax relief, loss relief)
Are you an investor or advisor?
Get in touch to find out more.
+44 20 3868 9723
Example Portfolio Companies
Moteefe is the world’s leading social commerce platform providing digital marketers and influencers an instant opportunity to sell customised on demand products globally.
B2C on-demand logistics platform for moving anything, anytime, anywhere via a scalable network of independent shifters (self-employed van drivers).
An ecommerce marketplace that doesn’t hold stock and provides buyers with greater choice and savings.