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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, with a score of 88/100 for the past 4 years running

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 July 2018 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

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

This membership-based e-commerce business gives sports enthusiasts up to 70% off their favourite athletic and outdoor brands. The company sends regular offer-packed emails to it's millions of members.

Sport Pursuit has grown year-on-year and has annual revenues of over £20m.

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.

The new world of work makes it more important than ever to keep employees engaged. Perkbox has developed an online pltform to helps companies keep employees happy, managing a whole range of employee extras – from gym memberships to all-out multi-day experiences.

In the year we made our investment Perkbox achieved revenue growth from £4m to £14m and has continued its impressive growth trajectory.

EIS documents

Note:the documents table scrolls left and right.

DateTitleDownload
Encore Ventures Privacy Notice
Draper Esprit EIS- Key Information Document
Draper Esprit EIS- Memorandum
Draper Esprit EIS- Portfolio Company Examples