Investor profile

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Connect Ventures

VC

GBDEFRBEITNLESUSB2B SaaSAI/MLFintechHealthtechCybersecurityDevtoolsDeep TechConsumerMarketplaces

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Investment thesis

Connect Ventures is a London-based, partner-only, high-conviction seed fund that backs exceptional 'Product Founders' — builders who are obsessed with users, design for defensibility, and move at venture velocity. The firm leads or co-leads pre-seed and seed rounds of $500k–$5m across Europe, focusing on the largest categories: AI, cybersecurity, deep tech, data & infrastructure, fintech, health, and vertical networks, all united by a core emphasis on product-driven differentiation. As Sitar Teli has articulated, Connect pursues a 'low volume, high conviction strategy' — making fewer bets per year but going deeper with each founder. The firm believes that product-led companies with genuine user love and compounding moats represent the most durable path to category leadership, and it has backed this thesis since 2012 with investments in companies such as Typeform, TrueLayer, Citymapper, Curve, and Dust.

Notable quotes

We think it's the right size for a seed fund. We have a pretty low volume, high conviction strategy. All the modeling we've done has shown us that this is just the perfect size for a seed fund. I think it produces superior returns to small size funds. It requires you to focus, you don't really bleed into other stages, you stay focused on seed.

Sitar Teli · TechCrunch — 'Connect Ventures hits $80M for its next fund' · 2023-09-05

We're interested in building long term relationships with founders who have the obsession and focus required to build product-led companies, and the ambition to build category leaders.

Sitar Teli · TechCrunch — 'Connect Ventures outs $80M third fund to back product-led seed-stage founders' · 2020-06-25

He likes experimenting with new frameworks like his notorious Minimum Viable Category Design.

Pietro Bezza · Connect Ventures website — Pietro Bezza team profile

Team

Pietro Bezza

Managing Partner

B2B SaaSFintechEnterprise

Sitar Teli

Managing Partner

ConsumerMarketplacesAI/MLHealthtech

Rory Stirling

General Partner

B2B SaaSDevtoolsAI/ML

Katy Turner

Operating Partner

B2B SaaSConsumer

Recent investments

CompanyRoundSizeDate
MosaicoPre-seed2025
NexcadePre-seed2025
DustSeed2023
AikidoSeed2023
ai-cousticsPre-seed2023
PlainSeed2022
TrueLayerPre-seed2016
TypeformSeed2013
DeepstashSeed2020
HopkinsSeed2020

Frequent co-investors

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