# Finance for Business North East Proof of Concept Fund: portfolio, investments and team

> Finance for Business North East Proof of Concept Fund is an investment firm. 4 investments on record, latest May 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/finance-for-business-north-east-proof-of-concept-fund (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Finance for Business North East Proof of Concept Fund

Last cheque observed May 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Investment firm

Seed

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 4 on record

Since the last cheque **4173** days **00** hrs **00** min **00** sec

Median round **$232K** Rounds led **0 of 4** Sole investor **2 rounds**

Pitch Finance for Business North East Proof of Concept Fund

## Finance for Business North East Proof of Concept Fund highlights

- 01 4 rounds on record
- 02 Mostly Seed: 100% of its rounds
- 03 Sole investor in 2 rounds, median $153K

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2015** 1 round
- **May** **[Fit Gurus](https://millionrounds.com/company/fit-gurus)** Seed · GB **$310K** With 1 other
- **2014** 1 round
- **Jul** **[SoPost](https://millionrounds.com/company/sopost)** Seed · GB **$600K** With 1 other
- **2013** 1 round
- **Apr** **[mylearnadfriend](https://millionrounds.com/company/mylearnadfriend)** GB · finsmes.com **$153K** Sole investor
- **2011** 1 round
- **Mar** **[Cruise Compare](https://millionrounds.com/company/cruise-compare)** GB · finsmes.com **$153K** Sole investor

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 cheque

Seed

Median round joined **$232K** the round, not its cheque Alone, median **$153K**

Led 0 of 4 rounds **0%**

- **Sole investor:** 2 rounds
- **Last cheque:** May 2015

Rounds by stage said on their site

- Seed *2*

Cheques by year Led Joined

2011 2015

Often in the room with

- [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) 2

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## Who they invest alongside

The investors most often in the same rounds as Finance for Business North East Proof of Concept Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Northstar Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/northstar-ventures)

## Quick answers about Finance for Business North East Proof of Concept Fund

### What does Finance for Business North East Proof of Concept Fund invest in?

Finance for Business North East Proof of Concept Fund invests most often at Seed (100% of the rounds on record).

### How active is Finance for Business North East Proof of Concept Fund?

4 investments on record, 0 of them in the last 12 months. The most recent was in May 2015.

### How big are Finance for Business North East Proof of Concept Fund's cheques?

The median round it joins is $232K.

### Is Finance for Business North East Proof of Concept Fund investing now?

No investments in the last 12 months; the latest was in May 2015.

### Who does Finance for Business North East Proof of Concept Fund invest alongside?

Most often Northstar Ventures (2 rounds together).

### What kind of investor is Finance for Business North East Proof of Concept Fund?

Finance for Business North East Proof of Concept Fund is an investment firm.

### Where does this information on Finance for Business North East Proof of Concept Fund come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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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=finance-for-business-north-east-proof-of-concept-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=finance-for-business-north-east-proof-of-concept-fund)
