We invest in startups that are no longer a fit for venture capital
23mile is
23mile is a special situations fund that invests in venture-backed startups transitioning from hypergrowth to profitability.
The situation
You've raised venture capital, built great products and won valuable customers. Yet your VCs tell you it's not good enough. Or you're tired of the endless unachievable targets and want to get on with running a business.
We're here to help.
Our approach
01 / INVESTMENT
Invest alongside founders
Invest in and restructure the business alongside founders.
02 / ACQUISITION
Acquire the entire business
Acquire the entire business.
Investment thesis
Venture-backed B2B software companies with £1m to £5m in recurring revenue, mainly in the UK.
£1m–£5m
Recurring revenue
B2B
Software businesses
UK
Primary market