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A successful investment strategy, with added EIS tax reliefs

Our EIS funds have been the highest rated EIS by the Tax Efficient Review for the past 5 years running, now with a score of 89/100.

Our secret? Late stage investments in companies with significant growth momentum, based on expert insight that comes from 20 years’ experience.

Next Closing Date: 5th October 2020 Capacity Available: YES

Future fundraising closing dates:

05
January
05
April
05
July
05
October

For IFAs and advisor queries, get in touch with our partners RAM Capital

For existing investors and IFAs, access to the online portal can be found here

Key information

A great track record

In the past 5 years, Draper Esprit have produced 22 profitable exits, with a combined value of over $3bn. Under today’s rules, most of these companies would qualify for EIS investments. And our EIS funds are now demonstrating cash distributions for investors.

Unparalleled investment

We focus on a scale of investment that is an order of magnitude larger than typical EIS funds, by co-investing alongside Draper Esprit plc funds and other syndicate investors.

A balance of scale-up and start-up capital

We target a majority (70%+) of our EIS investments at late stage, scale-up deals: companies with £2m-20m+ in revenues, and high growth rates.

A selective approach

We invest EIS funding into a target of 8-12 qualifying companies each year.

A minimum subscription

The minimum subscription is £25,000 – we aim to invest this within 12-18 months of each close.

Exits are one of our core strengths

Exits are most likely to be via trade sale (M&A) or initial public offering (IPO) and sale of shares.

Example portfolio companies

Graphcore design silicon chip processors advanced enough to meet the demands of artificial intelligence, machine learning, vision-based systems and robotics. The credentials of the CEO and CTO are proven: they co-founded Icera, a Draper Esprit portfolio company which later sold to NASDAQ-listed Nvidia for $367m*.

Draper Esprit EIS participated in a $30m initial total funding round, alongside Sequoia Capital, other high profile US VCs, and strategic industry investors including Samsung. Leading US VC Sequoia Capital has subsequently invested $50m.

Perkbox is an internet-based platform for businesses of all sizes, giving employees a range of over 200 perks and rewards such as cinema tickets, restaurant vouchers, mobile phone insurance, etc. Over half a million employees have engaged through the Perkbox platform. It is designed to improve staff engagement and interaction between management and teams through a variety of perks, services, and a recognition tool. The proposition is popular with businesses of all sizes, from SMEs to blue chip multinationals.

Draper Esprit EIS originally invested in 2016 alongside Draper Esprit PLC. In that year the company over tripled their revenue and has continued its growth trajectory since.

EIS documents

Note:the documents table scrolls left and right.

DateTitleDownload
Encore Ventures Privacy Notice (2019)
Draper Esprit EIS Memorandum (2019)
Draper Esprit EIS Summary (2019)
Draper Esprit EIS – KID – effective from 26th April 2019
Encore Ventures Privacy Notice
Draper Esprit EIS- Portfolio Company Examples

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This website provides general information about Draper Esprit plc and its group of companies. The information contained in this website, including any material you may hereafter access, does not constitute an offer of securities for sale in the United States, Canada, Japan or any other jurisdiction. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended, or an exemption from registration. For US regulatory reasons, US Residents are not to enter this part of the website.

Draper Esprit plc is not offering any securities or services in the United States or to US residents through any Draper Esprit website. A "US Resident" includes any US person, as well as (i) any natural person who is only temporarily residing outside the United States, (ii) any account of a US person over which a non-US fiduciary has investment discretion or any entity, which, in either case, is being used to circumvent the registration requirements of the US Investment Company Act of 1940, and (iii) any employee benefit or pension plan that does not have as its participants or beneficiaries persons substantially all of whom are not US persons. In addition, for these purposes, if an entity either has been formed or is operated for the purpose of investing in a particular security or obtaining a particular service, or facilitates individual investment decisions, none of the beneficiaries or other interest holders of such entity may be US Residents. Terms used in this paragraph (including the term "US person") have the meanings given to them in Regulation S under the US Securities Act of 1933.

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Draper Esprit plc is managed by Esprit Capital Partners LLP. No warranty is made by Draper Esprit plc or by Esprit Capital Partners LLP as to the accuracy or completeness of any information on this website. Any price information or indications of past performance on this website are for information purposes only, are subject to change without notice and can in no way be construed as a guarantee of future performance. There can be no guarantee that any investment objectives will be achieved

It should be remembered that the price of shares in Draper Esprit plc and the income from them can go down as well as up and there is a significant risk of losing capital. We strongly encourage private investors to seek professional financial advice, before reviewing any of our literature.

Investment in smaller companies which are unquoted involves a higher degree of risk than investment in larger companies. Furthermore, the market for shares in smaller companies is typically less liquid than that for shares in larger companies, bringing with it potential difficulties in acquiring, valuing and disposing of such shares. The spread between the bid and offer price of shares may be wide and therefore the price used for valuation may not be achievable. Any change of governmental, economic, political, monetary or fiscal policy could materially affect the operation of a company or investment fund and/or its ability to achieve or maintain its tax status.