# Expedition Growth Capital: portfolio, investments and team > Expedition Growth Capital is a growth equity based in United Kingdom. 14 investments on record, 6 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/expedition-growth-capital (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Investor](https://millionrounds.com/investors) # Expedition Growth Capital Last cheque observed Oct 2026; 14 cheques on record. Email Deploying now New fund $17M, Sept 2026 Growth equity Growth Software AI Follow Expedition Growth Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fexpedition-growth-capital) Deploying now **100%** of best year **6** **cheques in 12 months**, 14 on record Since the last cheque **16** days **00** hrs **00** min **00** sec Median round **$22M** Rounds led **13 of 14** Sole investor **9 rounds** Mostly in **France, 31%** Pitch Expedition Growth Capital ## Expedition Growth Capital highlights - 01 6 cheques in the last 12 months - 02 Mostly Growth and Series A: 93% of its rounds - 03 Sole investor in 9 rounds, median $27M ## What they do > We are growth equity partners for rapidly growing software & AI companies with a use for capital, not a need for it. From their own website - **Type:** Growth equity - **Cheque size:** Not stated - **Stages:** Growth - **Sectors:** Software AI - **Based in:** London, United Kingdom - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **14 appearances** - **2026** 6 rounds - **Oct** **[Dougs](https://millionrounds.com/company/dougs)** Growth · FR · Expedition Growth Capital **$56M** *Led* - **Sept** **[ETFBOOK](https://millionrounds.com/company/etfbook)** Series A · Expedition Growth Capital **$13M** *Led* - **Aug** **[Omilia](https://millionrounds.com/company/omilia)** Series B · GR · Expedition Growth Capital **$67M** *Led* - **Aug** **[Factbird](https://millionrounds.com/company/factbird)** Growth · DK · Expedition Growth Capital **$16M** With 4 others - **Jul** **[MDOTM Ltd.](https://millionrounds.com/company/mdotm-ltd)** Growth · GB · Expedition Growth Capital **$27M** *Led* - **Apr** **[Nesto Software GmbH](https://millionrounds.com/company/nesto-software-gmbh)** Growth · DE · Expedition Growth Capital **$13M** *Led* - **2025** 2 rounds - **Jun** **[ThreatSpike](https://millionrounds.com/company/threatspike)** Series A · GB · Expedition Growth Capital **$14M** *Led* - **Jun** **[Fabriq](https://millionrounds.com/company/fabriq)** Growth · FR · Expedition Growth Capital **$25M** *Led* - **2024** 2 rounds - **Jul** **[epilot](https://millionrounds.com/company/epilot)** Growth · DE · Expedition Growth Capital **$11M** *Led* - **Feb** **[BoondManager](https://millionrounds.com/company/boondmanager)** Growth · FR · Expedition Growth Capital **$35M** *Led* - **2023** 4 rounds - **Dec** **[Rentman](https://millionrounds.com/company/rentman)** Growth · NL · Expedition Growth Capital **$22M** *Led* - **Nov** **[Factbird](https://millionrounds.com/company/factbird)** Growth · DK · Expedition Growth Capital **$16M** *Led* - **Jul** **[Dougs](https://millionrounds.com/company/dougs)** Growth · FR · Expedition Growth Capital **$27M** *Led* - **Mar** **[Pinpoint](https://millionrounds.com/company/pinpoint)** Growth · JE · Expedition Growth Capital **$23M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **15 named** AP **Alex Paiusco** Director of DouglasBay Capital III Fund (GP) Ltd., the general partner of DouglasBay Capital III Fund (GP LP) LP, the general partner of DouglasBay Capital III Fund (Co-Investment Account No.1) LP i Filing they signed DS **David Scaysbrook** The Director i Filing they signed FW **Fiona Wild** Director of DouglasBay Capital IV (GP) Limited, the general partner of DouglasBay Capital IV Fund (GP) LP, the general partner of DouglasBay Capital IV Fund L.P. i Filing they signed IL **Ian Lambert** Director of DouglasBay Capital III Fund (GP) Ltd., the general partner of DouglasBay Capital III Fund (GP LP) LP, the general partner of DouglasBay Capital III Annex Fund LP. i Filing they signed KK **Kgalalelo Kealeboga Nazo** director i Company register since 2025 MM **Malcolm Macleod** The Director i Filing they signed MS **Matthew Satchell** Director of DouglasBay Capital IV (GP) Limited, the general partner of DouglasBay Capital IV Fund (GP) LP, the general partner of DouglasBay Capital IV Fund L.P. i Filing they signed MH **Michael Haxby** Director of DouglasBay Capital III Fund (GP) Ltd., the general partner of DouglasBay Capital III Fund (GP LP) LP, the general partner of DouglasBay Capital III Fund (Co-Investment Account No.1) LP i Filing they signed NS **Nishma Sanghvi** Director of the General Partner i Filing they signed OG **Oliver Glyn Thomas** Managing Partner of the Investment Adviser i Filing they signed since 2020 RS **Rachel Shula Levy** Chief Financial and Operating Officer i Form ADV since 2021 RQ **Rory Quinlan** The Director i Filing they signed ST **Steven Twomey** Partner of the Investment Adviser i Filing they signed WJ **William Jonathan Owen Sheldon** Partner of the Investment Adviser i Filing they signed since 2025 CF **Charles Fetherston Charters Covell** director i Company register since 2020 We also hold **44** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$352M** gross assets of its funds Oct 2026 **2+** funds on file numbered funds in its name **Exempt** reporting adviser venture or small private funds - **Legal name:** Expedition Growth Capital LTD - **SEC number:** CRD 325510 - **Companies House:** 12564080, since 2020 ## What they claim to have backed From their own portfolio page (on their website) **1** of 1 we have independently watched raise [ThreatSpike](https://millionrounds.com/company/threatspike) Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$17M** raised in Sept 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Growth Median round joined **$22M** the round, not its cheque Alone, median **$27M** Led 13 of 14 rounds **93%** - **Sole investor:** 9 rounds - **Last cheque:** Oct 2026 Rounds by stage said on their site - Growth said *11* - Series A *2* - Series B *1* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching Expedition Growth Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Expedition Growth Capital put money into. [**ETFBOOK** $13M · Sept 2026](https://millionrounds.com/company/etfbook)[**MDOTM Ltd.** $27M · Jul 2026](https://millionrounds.com/company/mdotm-ltd)[**Nesto Software GmbH** $13M · Apr 2026](https://millionrounds.com/company/nesto-software-gmbh)[**ThreatSpike** $14M · Jun 2025](https://millionrounds.com/company/threatspike)[**Fabriq** $25M · Jun 2025](https://millionrounds.com/company/fabriq)[**epilot** $11M · Jul 2024](https://millionrounds.com/company/epilot) ## On podcasts 1 episode naming Expedition Growth Capital in the title. - [Scaling Europe](https://millionrounds.com/podcasts/scaling-europe) 2 Dec 2025 · 26 min Oliver Thomas: Managing Partner at Expedition Growth Capital as they announce a new €325m fund! With [Oliver Thomas](https://millionrounds.com/person/oliver-thomas) Mentions [Expedition Growth Capital](https://millionrounds.com/fund/expedition-growth-capital) Apple PodcastsShow page ## Quick answers about Expedition Growth Capital ### What does Expedition Growth Capital invest in? Expedition Growth Capital invests most often at Growth and Series A (93% of the rounds on record), in sectors such as Software and AI. ### How active is Expedition Growth Capital? 14 investments on record, 6 of them in the last 12 months, and it led 13. The most recent was in Oct 2026. ### What has Expedition Growth Capital invested in recently? Its most recent investments on record: Dougs (Growth, Oct 2026), ETFBOOK (Series A, Sept 2026) and Omilia (Series B, Aug 2026). ### How big are Expedition Growth Capital's cheques? The median round it joins is $22M. ### Does Expedition Growth Capital lead rounds? Yes: it led 13 of its 14 investments on record (93%). ### Where does Expedition Growth Capital invest? Most of the companies it backs are in France (31%), Denmark (15%) and the United Kingdom (15%). ### Is Expedition Growth Capital investing now? Yes: it is actively investing, with 6 investments in the last 12 months. ### What kind of investor is Expedition Growth Capital? Expedition Growth Capital is a growth equity firm based in London, United Kingdom. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=expedition-growth-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=expedition-growth-capital)