Investor profile
Walking Ventures
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Walking Ventures is a London-based seed fund led by an entrepreneur who knows how hard startups are. The firm targets big markets and teams with traction who can build moats. They invest in Internet and mobile startups with big ambitions and strong teams, typically being the first professional money in. The fund focuses on honest, hardworking, fast-moving people with growth mindsets who have achieved concrete, measurable traction on limited resources. They look for nine-figure opportunities with strong barriers to entry—preferring network effects, IP, and regulation. They like SaaS, platforms, marketplaces and tools, and prefer businesses whose users pay for their service. The firm aims to lead rounds, take board seats, and be helpful minority investors, providing money, support, connections, and shared learning from other founders.
Notable quotes
“Like many VCs, I've realised over the years that understanding people, their motivations and their aspirations is essential to evaluating a potential investment.”
“The goal is to really understand something. The difference is in how your decisions or opinions are validated. In journalism you're proven right if, for example, some ageing yellow documents come to light supporting your story. In investment, you're proven right by the success of your portfolio businesses.”
“One of the five criteria we use at Walking Ventures to evaluate founders of tech companies is how hungry they are. Hungry people are those who truly prefer a 1% chance of making $1bn to a 99% chance of making $10m. When things get tough, it's those people who get going.”
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Tessian | Series A | $13m | 2018-06-01 |
| Oviva | Series A | — | 2017-11-20 |
| Lexoo | Series A | — | 2015-09-02 |
| LoyaltyLion | Seed | — | 2014-04-23 |
| Apperio | Seed | — | 2014-04-16 |
| Ometria | Seed | — | — |
| Mapillary | Seed | — | — |
| goodlord | Seed | — | — |
| Kheiron Medical | Seed | — | — |
| FanDuel | Seed | — | — |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Balderton Capital | 3 |
| Sequoia Capital | 3 |
| Accel | 3 |
| LocalGlobe | 2 |
| Cambridge Angels | 2 |
| Albion Capital Group | 1 |
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