# Illuminate Financial Management: portfolio, investments and team

> Illuminate Financial Management is a vc firm based in United Kingdom. 51 investments on record, 8 in the last 12 months, latest Jun 2026.

Source: https://millionrounds.com/fund/illuminate-financial (Millionrounds; every figure on the page links to its filing or article)

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

# Illuminate Financial Management

Last cheque observed Jun 2026; 51 cheques on record.

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Deploying now New fund $106M, Jul 2025 VC firm

Pre-seed Seed Series A Enterprise

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Deploying now

**67%** of best year **8** **cheques in 12 months**, 51 on record

Since the last cheque **124** days **00** hrs **00** min **00** sec

Median round **$13M** Cheque size, as they say **$500K – $5.0M** Rounds led **3 of 51** Sole investor **2 rounds** Mostly in **United States, 32%**

Pitch Illuminate Financial Management

## Illuminate Financial Management highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Series A and Series B: 56% of its rounds
- 03 Sole investor in 2 rounds, median $4.8M

## What they do

> Illuminate Financial is a specialist venture capital firm investing in early-stage Enterprise AI & Fintech companies. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $500K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Enterprise
- **Based in:** London, United Kingdom
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **51 appearances**

- **2026** 8 rounds
- **Jun** **[Straiker](https://millionrounds.com/company/straiker)** Series A · TechStartups **$64M** *Led*
- **Jun** **[Karta](https://millionrounds.com/company/karta)** Debt · US **$125M** With 5 others
- **Jun** **[FileAI](https://millionrounds.com/company/fileai)** Venture · SG **Undisclosed** With 5 others
- **May** **[Bunch](https://millionrounds.com/company/bunch)** Series B · DE · Ventureburn **$35M** With 5 others
- **Mar** **[Crossover Markets](https://millionrounds.com/company/crossover-markets)** Series B · GB · Ventureburn **$31M** With 8 others
- **Feb** **[Turnstile](https://millionrounds.com/company/turnstile)** Series A · US **$29M** With 4 others
- **Jan** **[Zocks](https://millionrounds.com/company/zocks)** Series B · US · Entrée Capital **$45M** With 8 others
- **Jan** **[Pontoro](https://millionrounds.com/company/pontoro)** Series A · US **$5.5M** With 5 others
- **2025** 11 rounds
- **Oct** **[Endowus](https://millionrounds.com/company/endowus)** Venture · SG **$70M** With 5 others
- **Sept** **[Flox](https://millionrounds.com/company/flox)** Series B · US · TechStartups **$25M** With 5 others
- **Sept** **[LendOS](https://millionrounds.com/company/lendos)** Series A · US **$13M** With 2 others
- **Jul** **[d1g1t](https://millionrounds.com/company/d1g1t)** Venture · CA **Undisclosed** With 5 others
- **Apr** **[Reality Defender](https://millionrounds.com/company/reality-defender)** Venture · US **Undisclosed** With 5 others
- **Apr** **[Pliant](https://millionrounds.com/company/pliant)** Series B · DE **$40M** With 3 others
- **Apr** **[Terminal 3](https://millionrounds.com/company/terminal-3)** Seed · HK **$8.0M** With 4 others
- **Apr** **[TransFICC](https://millionrounds.com/company/transficc)** Series B · GB **$25M** With 4 others
- **Feb** **[FileAI](https://millionrounds.com/company/fileai)** Series A · SG **$8.0M** With 6 others
- **Feb** **[N5 Now](https://millionrounds.com/company/n5-now)** Series B · US **$20M** With 2 others
- **Jan** **[BeZero Carbon](https://millionrounds.com/company/bezero-carbon)** Series C · GB **$32M** With 4 others
- **2024** 7 rounds
- **Oct** **[Gladia](https://millionrounds.com/company/gladia)** Series A · FR · TechStartups **$16M** With 10 others
- **Oct** **[Tookitaki](https://millionrounds.com/company/tookitaki)** Venture · SG **Undisclosed** With 3 others
- **Jul** **Sendblocks** Seed · IL **$8.2M** With 3 others
- **Jun** **[Crossover Markets Group](https://millionrounds.com/company/crossover-markets-group)** Series A · GB **$12M** With 2 others
- **May** **[Osome](https://millionrounds.com/company/osome)** Series B · SG **$17M** With 4 others
- **Apr** **[Accacia](https://millionrounds.com/company/accacia)** Seed **$6.5M** With 4 others
- **Feb** **[Vertesia](https://millionrounds.com/company/vertesia)** Seed · US **$4.0M** With 5 others
- **2023** 6 rounds
- **Nov** **[Accelex](https://millionrounds.com/company/accelex)** Series A · GB **$15M** With 4 others
- **Oct** **[Copper](https://millionrounds.com/company/copper)** Venture · GB **Undisclosed** With 4 others
- **Oct** **[Arteria AI](https://millionrounds.com/company/arteria-ai)** Series B · CA **$30M** With 5 others
- **Jul** **[finres](https://millionrounds.com/company/finres)** Seed · FR **$4.5M** With 5 others
- **May** **[Vault Platform](https://millionrounds.com/company/vault-platform)** Venture · GB **$9.0M** With 3 others
- **Jan** **[Cosaic](https://millionrounds.com/company/cosaic)** Venture · US **$4.2M** With 3 others
- **2022** 7 rounds
- **Oct** **[Net Purpose](https://millionrounds.com/company/net-purpose)** Series A · GB **$11M** With 4 others
- **Sept** **[enmacc](https://millionrounds.com/company/enmacc)** Venture · DE **Undisclosed** With 3 others
- **Sept** **[SteelEye](https://millionrounds.com/company/steeleye)** Series B · GB **$21M** With 3 others
- **Aug** **[Blockdaemon](https://millionrounds.com/company/blockdaemon)** Venture · US **$33M** With 5 others
- **Jul** **[Accelex Technology](https://millionrounds.com/company/accelex-technology)** Seed · GB **$5.0M** With 4 others
- **Jun** **[Cloudwall Capital](https://millionrounds.com/company/cloudwall-capital)** Seed · US **$6.3M** With 2 others
- **Jan** **[Revelate](https://millionrounds.com/company/revelate)** Series A · CA **$20M** With 3 others
- **2021** 3 rounds
- **Dec** **[Emmi](https://millionrounds.com/company/emmi)** Series A · AU **$3.5M** With 3 others

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 **7 named**

AW **Alexander Walter Hugh Ross** Director i Form ADV

AP **Andrew Patey** Director i Filing they signed

GC **Grahame Chilton** Member of the Issuer's Investment Committee i Filing they signed

MI **Mark Ian Beeston** Member of the Issuer's Investment Committee i Filing they signed

MW **Mark Whitcroft** Member of the Issuer's Investment Committee i Filing they signed

RS **Rezso Szabo** Director i Form ADV

RS **Rupert Swallow** Member of the Issuer's Investment Committee i Filing they signed

We also hold **24** 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

**$665M** gross assets of its funds, 2 advisers combined Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Illuminate FM LLC
- **SEC number:** CRD 313525
- **Companies House:** 12839665, since 2020

New fund on file

**$106M**

raised in Jul 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$13M** the round, not its cheque Alone, median **$4.8M**

Led 3 of 51 rounds **6%**

- **Said size:** $500K – $5.0M
- **Sole investor:** 2 rounds
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Series A said *15*
- Series B said *12*
- Venture *10*
- Seed said *9*
- Series C *2*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Luminate](https://millionrounds.com/fund/luminate-accelerator) 44
- [Citibank](https://millionrounds.com/fund/citi) 4
- [Plug and Play](https://millionrounds.com/fund/plug-and-play) 4
- [AlbionVC](https://millionrounds.com/fund/albionvc) 3
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 3
- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) 3

**Pitching Illuminate Financial Management?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Illuminate Financial Management. A count of rooms they were both in, not a relationship either has claimed.

[**Luminate** Accelerator **44** rounds together](https://millionrounds.com/fund/luminate-accelerator)[**Citibank** Growth equity **4** rounds together](https://millionrounds.com/fund/citi)[**Plug and Play** Accelerator **4** rounds together](https://millionrounds.com/fund/plug-and-play)[**AlbionVC** VC firm **3** rounds together](https://millionrounds.com/fund/albionvc)[**Lightspeed Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Salesforce Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/salesforce-ventures)[**SixThirty** Accelerator **3** rounds together](https://millionrounds.com/fund/sixthirty)[**Antler** VC firm **2** rounds together](https://millionrounds.com/fund/antler)[**BDC Capital** VC firm **2** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Blume Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/blume-ventures)[**Cherry Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/cherry-ventures)[**IGNIA** VC firm **2** rounds together](https://millionrounds.com/fund/ignia-partners)

## Recently backed

The latest companies Illuminate Financial Management put money into.

[**Straiker** $64M · Jun 2026](https://millionrounds.com/company/straiker)[**Karta** $125M · Jun 2026](https://millionrounds.com/company/karta)[**FileAI** Jun 2026](https://millionrounds.com/company/fileai)[**Crossover Markets** $31M · Mar 2026](https://millionrounds.com/company/crossover-markets)[**Turnstile** $29M · Feb 2026](https://millionrounds.com/company/turnstile)[**Pontoro** $5.5M · Jan 2026](https://millionrounds.com/company/pontoro)

## Quick answers about Illuminate Financial Management

### What does Illuminate Financial Management invest in?

Illuminate Financial Management invests most often at Series A and Series B (56% of the rounds on record), in sectors such as Enterprise.

### How active is Illuminate Financial Management?

51 investments on record, 8 of them in the last 12 months, and it led 3. The most recent was in Jun 2026.

### What has Illuminate Financial Management invested in recently?

Its most recent investments on record: Straiker (Series A, Jun 2026), Karta (Debt, Jun 2026) and FileAI (Venture, Jun 2026).

### How big are Illuminate Financial Management's cheques?

The median round it joins is $13M. It says it writes cheques of $500K to $5.0M.

### Does Illuminate Financial Management lead rounds?

Sometimes: it led 3 of its 51 investments on record (6%).

### Where does Illuminate Financial Management invest?

Most of the companies it backs are in the United States (32%), the United Kingdom (26%) and Singapore (13%).

### Is Illuminate Financial Management investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Illuminate Financial Management invest alongside?

Most often Luminate (44 rounds together), Citibank (4 rounds together) and Plug and Play (4 rounds together).

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