# Michael Spencer: angel investments and portfolio

> Michael Spencer is an angel. 3 investments on record, latest Nov 2019. Portfolio, stages, co-investors and team.

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

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

# Michael Spencer

Last cheque observed Nov 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Angel

Seed

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **2545** days **00** hrs **00** min **00** sec

Median round **$4.7M** Rounds led **0 of 3** Sole investor **2 rounds**

Pitch Michael Spencer

## Michael Spencer highlights

- 01 3 rounds on record
- 02 Mostly Seed: 100% of its rounds
- 03 Sole investor in 2 rounds, median $4.7M

## What they do

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

## The record

Every round we can evidence, newest first **3 appearances**

- **2019** 2 rounds
- **Nov** **[Digital Debt Capital Markets](https://millionrounds.com/company/digital-debt-capital-markets)** Seed · GB · FinSMEs **$3.2M** Sole investor
- **Sept** **[Netwealth](https://millionrounds.com/company/netwealth)** GB · Thetimes **$6.2M** Sole investor
- **2015** 1 round
- **Mar** **[Laundrapp](https://millionrounds.com/company/laundrapp)** Seed · GB **$5.9M** With 1 other

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 **$4.7M** the round, not its cheque Alone, median **$4.7M**

Led 0 of 3 rounds **0%**

- **Sole investor:** 2 rounds
- **Last cheque:** Nov 2019

Rounds by stage said on their site

- Seed *2*

Cheques by year Led Joined

2015 2019

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## Recently backed

The latest companies Michael Spencer put money into.

[**Netwealth** $6.2M · Sept 2019](https://millionrounds.com/company/netwealth)

## Mentioned on podcasts

Episodes that name Michael Spencer in their description, not their title.

- [Inevitable](https://millionrounds.com/podcasts/inevitable) 23 Jun 2026 · 42 min The Electric Motorcycle That's Actually a Utility Company with Zeno Mentions [Michael Spencer](https://millionrounds.com/fund/michael-spencer) Apple PodcastsShow page
- [Money Maze Podcast](https://millionrounds.com/podcasts/money-maze) 14 Mar 2024 · 45 min Wine, Whisky and Champagne: Buy, Sell or Hold? With Gary Boom, Founder and CEO of Bordeaux Index Mentions [Michael Spencer](https://millionrounds.com/fund/michael-spencer) Apple PodcastsShow page

## Quick answers about Michael Spencer

### What does Michael Spencer invest in?

Michael Spencer invests most often at Seed (100% of the rounds on record).

### How active is Michael Spencer?

3 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2019.

### What has Michael Spencer invested in recently?

Its most recent investments on record: Digital Debt Capital Markets (Seed, Nov 2019) and Netwealth (Undisclosed round, Sept 2019).

### How big are Michael Spencer's cheques?

The median round it joins is $4.7M.

### Is Michael Spencer investing now?

No investments in the last 12 months; the latest was in Nov 2019.

### What kind of investor is Michael Spencer?

Michael Spencer is an angel.

### Where does this information on Michael Spencer 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=michael-spencer) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=michael-spencer)
