Sussex Place Ventures

Sussex Place Ventures is an early-stage venture capital investment firm based in London, United Kingdom, founded in 1998. The firm specializes in backing entrepreneurs who are developing B2B enterprise software and businesses with strong patent-protectable technologies. Sussex Place Ventures operates independently within the London Business School ecosystem and has over a decade of experience in investing in early-stage technology companies. The firm's focus is on identifying and supporting innovative ventures that have the potential for significant growth and impact in their respective markets.

Richard Gourlay

Managing Director

30 past transactions

Entia

Series A in 2021
Entia Ltd is a medical technology company based in London, United Kingdom, that focuses on enhancing access to blood tests through innovative healthcare devices. Founded in 2014, Entia offers two primary products: Aptus, a device for testing haemoglobin and haematocrit levels, and Affinity, designed for cancer patients to monitor their blood counts from home. These devices facilitate health screening, blood donor screening, maternal and child health, nutrition, and sports applications, while also enabling cancer patients to manage their health more effectively, reducing the risk of infection and minimizing hospital visits. The company employs a multidisciplinary team that encompasses design, engineering, quality assurance, and business development, all aimed at improving patients' quality of life by allowing them to conduct essential health monitoring from the comfort of their homes.

Cutover

Series B in 2021
Cutover is a work orchestration and observability platform that enhances organizational visibility into dynamic workflows. Established in 2013 in Shoreditch, Hackney by Craig Gregory, Ky Nichol, and Marcus Wildsmith, the platform is designed to help teams prepare for critical events that may challenge their infrastructure by facilitating rehearsals. It enables executives and managers to visualize performance data and identify issues in real-time. Additionally, Cutover supports seamless collaboration between human and machine processes, offering features for cyber recovery, cloud migration, IT disaster recovery, and release management. By integrating with various SaaS platforms, Cutover enhances communication and simplifies complex tasks for enterprises, ultimately reducing risk and costs.

Endomag

Series D in 2020
Endomag is a medical technology company focused on enhancing cancer care standards globally. Founded in 2007 as a spin-out from the University of Houston and University College London, the company has developed advanced magnetic sensing technology that aids in minimally invasive surgical guidance. Its key products, including the Sentimag probe, Magseed marker, and Magtrac node marker, are utilized by leading physicians and cancer centers worldwide. Endomag's mission is to help women with breast cancer avoid unnecessary surgeries and achieve better outcomes when surgery is required. Since its inception, the company has assisted over 70,000 women in accessing more precise and less invasive breast cancer care. Headquartered in Cambridge, United Kingdom, Endomag distributes its products across Europe, the Middle East, Africa, and Australasia.

Cutover

Series A in 2019
Cutover is a work orchestration and observability platform that enhances organizational visibility into dynamic workflows. Established in 2013 in Shoreditch, Hackney by Craig Gregory, Ky Nichol, and Marcus Wildsmith, the platform is designed to help teams prepare for critical events that may challenge their infrastructure by facilitating rehearsals. It enables executives and managers to visualize performance data and identify issues in real-time. Additionally, Cutover supports seamless collaboration between human and machine processes, offering features for cyber recovery, cloud migration, IT disaster recovery, and release management. By integrating with various SaaS platforms, Cutover enhances communication and simplifies complex tasks for enterprises, ultimately reducing risk and costs.

Chaser

Venture Round in 2019
Chaser is a software company focused on automating accounts receivable processes to help businesses receive payments on time. By addressing the issues of late payments and the significant time investment required for follow-ups, Chaser offers a web application that allows users to implement automated email reminders for outstanding invoices. The platform leverages behavioral analytics through its proprietary email handling and logging system to enhance the effectiveness of these reminders. This solution aids accountants and bookkeepers by streamlining the entire credit control process, including credit checks, monitoring, and payment collections, all within a single platform.

slicedbread

Series A in 2018
slicedbread is a self-funded start-up that has grown organically and rapidly based on the principle of hiring and nurturing the best people. With a combination of creatives, information architects and technology experts; slicedbread blend ideas, information and technology to help our clients build better business applications.

Endomag

Series C in 2018
Endomag is a medical technology company focused on enhancing cancer care standards globally. Founded in 2007 as a spin-out from the University of Houston and University College London, the company has developed advanced magnetic sensing technology that aids in minimally invasive surgical guidance. Its key products, including the Sentimag probe, Magseed marker, and Magtrac node marker, are utilized by leading physicians and cancer centers worldwide. Endomag's mission is to help women with breast cancer avoid unnecessary surgeries and achieve better outcomes when surgery is required. Since its inception, the company has assisted over 70,000 women in accessing more precise and less invasive breast cancer care. Headquartered in Cambridge, United Kingdom, Endomag distributes its products across Europe, the Middle East, Africa, and Australasia.

Entia

Seed Round in 2018
Entia Ltd is a medical technology company based in London, United Kingdom, that focuses on enhancing access to blood tests through innovative healthcare devices. Founded in 2014, Entia offers two primary products: Aptus, a device for testing haemoglobin and haematocrit levels, and Affinity, designed for cancer patients to monitor their blood counts from home. These devices facilitate health screening, blood donor screening, maternal and child health, nutrition, and sports applications, while also enabling cancer patients to manage their health more effectively, reducing the risk of infection and minimizing hospital visits. The company employs a multidisciplinary team that encompasses design, engineering, quality assurance, and business development, all aimed at improving patients' quality of life by allowing them to conduct essential health monitoring from the comfort of their homes.

DataTiger

Seed Round in 2017
A marketing-orchestration platform to individually optimize the marketing journeys for your customers in real-time across all channels.

Gluru

Seed Round in 2016
gluru is a software company based in London that specializes in advanced analytical and predictive user data solutions. Its flagship product, Kare, transforms unstructured user data into smart and accessible insights, enabling users to utilize information effectively at crucial moments. The Kare software-as-a-service aims to enhance efficiency for both consumers and teams, ultimately boosting productivity and sales for enterprises. By leveraging proprietary natural language processing and machine learning algorithms, the Kare engine processes and connects vast amounts of data, offering secure and private access to actionable insights that reflect the underlying trends and needs of users.

3D Repo

Seed Round in 2016
3D Repo Ltd. is a company that specializes in developing open source version control software solutions for large-scale 3D architectural models, focusing on the construction industry. Its primary offering is an open source 3D building information modeling (BIM) version control system that enables designers, architects, engineers, and operators to collaborate in real-time through a cloud-based platform. The company provides additional services, including on-premise hosting, technical support, research and development consulting, and commercial licensing options. By delivering dynamic BIM models and metadata, 3D Repo helps clients mitigate errors and maintain project timelines and budgets. Founded in 2014 and based in London, the company aims to enhance the efficiency and effectiveness of construction projects through innovative technology solutions.

Cutover

Seed Round in 2016
Cutover is a work orchestration and observability platform that enhances organizational visibility into dynamic workflows. Established in 2013 in Shoreditch, Hackney by Craig Gregory, Ky Nichol, and Marcus Wildsmith, the platform is designed to help teams prepare for critical events that may challenge their infrastructure by facilitating rehearsals. It enables executives and managers to visualize performance data and identify issues in real-time. Additionally, Cutover supports seamless collaboration between human and machine processes, offering features for cyber recovery, cloud migration, IT disaster recovery, and release management. By integrating with various SaaS platforms, Cutover enhances communication and simplifies complex tasks for enterprises, ultimately reducing risk and costs.

LaunchPad Recruits

Series A in 2016
LaunchPad Recruits Ltd. operates an online platform that facilitates video interviews for businesses as part of their employee selection process. Founded in 2011 by Will Hamilton and based in London, the company aims to enhance the recruitment lifecycle by enabling employers to make more informed and efficient shortlisting decisions. The platform allows employers to move beyond traditional CV screening, providing insights into candidates through short video interviews that reveal their personalities and qualifications. LaunchPad Recruits offers automation, reviewer insights, and predictive analytics to streamline recruitment and improve the reliability of hiring decisions. As of September 2020, it functions as a subsidiary of OutMatch, Inc.

Admedo

Series B in 2016
Admedo is a self-serve online advertising platform that focuses on providing transparency and control in programmatic advertising. Founded in 2013 in the UK by Nick Moutter and Laura Bowen, Admedo has grown into a global company with offices in the US and Europe, and its headquarters in London. The platform automates various aspects of advertisement creation, sales, and management, allowing advertisers to handle their programmatic advertising in-house. Admedo aims to streamline the advertising process by offering all the necessary tools within a single user interface at a fixed cost, promoting a straightforward and inclusive approach to programmatic advertising.

3D Repo

Grant in 2016
3D Repo Ltd. is a company that specializes in developing open source version control software solutions for large-scale 3D architectural models, focusing on the construction industry. Its primary offering is an open source 3D building information modeling (BIM) version control system that enables designers, architects, engineers, and operators to collaborate in real-time through a cloud-based platform. The company provides additional services, including on-premise hosting, technical support, research and development consulting, and commercial licensing options. By delivering dynamic BIM models and metadata, 3D Repo helps clients mitigate errors and maintain project timelines and budgets. Founded in 2014 and based in London, the company aims to enhance the efficiency and effectiveness of construction projects through innovative technology solutions.

Server Density

Seed Round in 2015
Server Density Limited is a provider of server monitoring applications based in London, United Kingdom, with a focus on both physical and virtual servers. Founded in 2009, the company offers a SaaS-based product that enables users to manage and monitor their infrastructure through a single console, API, and mobile app. The platform supports multiple operating systems, including Linux, Windows, OS X, and FreeBSD, and integrates seamlessly with major cloud providers such as Amazon Web Services and Google Cloud. Server Density allows users to monitor website and server performance, diagnose issues, and maintain uptime through features like alert notifications via email, SMS, and push notifications. The service includes advanced graphing tools, automatic agent installation for various configuration management tools, and the ability to stack and compare alerts across servers and clusters. As of May 2018, Server Density operates as a subsidiary of StackPath, LLC.

Legerity

Seed Round in 2015
Legerity Limited specializes in designing and developing enterprise finance and risk systems to assist organizations in navigating complex financial landscapes. The company offers a range of solutions, including an accounting rules engine, a sub-ledger for account balance updates, and the Risk Ledger, which provides insights into capital and liquidity risks. Its operational data store captures diverse financial product information, supporting robust reporting needs across finance, risk, and customer metrics. Legerity's FastPost platform delivers enhanced accounting and profit and loss capabilities, integrating seamlessly with existing systems to improve operational efficiency. By providing a unified source of accurate data, Legerity enables finance and risk functions to address regulatory challenges and make informed business decisions. Founded in 2014 and headquartered in London, Legerity's solutions are available on both on-premise and cloud-based platforms, catering to the evolving demands of the financial services sector.

Anacail

Series A in 2015
Anacail Limited is a technology company based in Glasgow, United Kingdom, that specializes in the generation of ozone within sealed packages to effectively eliminate surface contaminants and microorganisms. The company's innovative in-pack ozone system includes an ozone head that produces intense electric fields to create plasma and generate ozone after the packaging has been sealed. This technology not only enhances food safety by providing rapid and chemical-free sterilization but also eliminates the handling and safety concerns typically associated with ozone use. Anacail develops equipment for food processing lines to generate sterilizing ozone and devices aimed at medical sterilization, ensuring a decontaminated package and contents without residual chemicals. Established in 2010, Anacail is focused on delivering safe and efficient sterilization solutions.

Chaser

Seed Round in 2015
Chaser is a software company focused on automating accounts receivable processes to help businesses receive payments on time. By addressing the issues of late payments and the significant time investment required for follow-ups, Chaser offers a web application that allows users to implement automated email reminders for outstanding invoices. The platform leverages behavioral analytics through its proprietary email handling and logging system to enhance the effectiveness of these reminders. This solution aids accountants and bookkeepers by streamlining the entire credit control process, including credit checks, monitoring, and payment collections, all within a single platform.

SalesSeek

Seed Round in 2015
SalesSeek is a comprehensive customer relationship management (CRM) software designed to assist businesses in scaling their revenue by managing customer data and relationships effectively. The platform offers a range of features, including visual sales funnels, sales forecasting, and customizable dashboards for sales managers and executives. It facilitates contact and deal management, email marketing, and workflow automation, enabling organizations to streamline their sales processes. With integrations to popular B2B applications like Intercom, Slack, and Zendesk, SalesSeek enhances productivity and collaboration. The software also supports mobile access through iOS and Android apps, and provides an open API for further customization. Overall, SalesSeek aims to provide a user-friendly solution that adapts to the specific needs of businesses while promoting efficient revenue generation.

Skimlinks

Series C in 2015
Skimlinks is a prominent commerce content monetization platform that enables publishers to generate new revenue streams, reducing their reliance on traditional advertising. The platform automatically generates income for publishers by monetizing product links within commerce-related content, earning them a share of sales when readers make purchases through these links. Skimlinks provides access to over 60 affiliate networks, allowing publishers to earn commissions from approximately 27,000 merchants globally. The technology is designed to enhance click-through rates and earnings per click, thereby maximizing revenue potential. In 2017, the annual e-commerce transactions facilitated through Skimlinks' network reached $1 billion. The company serves a diverse clientele, including many of the top publishers in the US and UK, such as Conde Nast, Hearst, Buzzfeed, and the Huffington Post.

Kimble Applications

Venture Round in 2015
Kimble Applications Limited specializes in providing a professional services automation (PSA) solution tailored for IT and management consultancies, accountancy and law firms, and communication agencies worldwide. Founded in 2010 and based in London, the company offers its flagship product, Kimble, as a software-as-a-service solution designed to streamline business processes and enhance operational efficiency. Kimble enables organizations to optimize resource utilization, profitability, and scalability through features such as opportunity management, time and expense tracking, and financial reporting. It is uniquely focused on PSA, facilitating better decision-making and real-time project management by integrating seamlessly with customer relationship management systems. This allows teams to collaborate effectively, ensuring projects remain on track and invoicing is handled efficiently. By aligning its capabilities with successful project delivery, Kimble empowers users to act decisively, reducing bottlenecks and enhancing overall service delivery.

Endomag

Series B in 2014
Endomag is a medical technology company focused on enhancing cancer care standards globally. Founded in 2007 as a spin-out from the University of Houston and University College London, the company has developed advanced magnetic sensing technology that aids in minimally invasive surgical guidance. Its key products, including the Sentimag probe, Magseed marker, and Magtrac node marker, are utilized by leading physicians and cancer centers worldwide. Endomag's mission is to help women with breast cancer avoid unnecessary surgeries and achieve better outcomes when surgery is required. Since its inception, the company has assisted over 70,000 women in accessing more precise and less invasive breast cancer care. Headquartered in Cambridge, United Kingdom, Endomag distributes its products across Europe, the Middle East, Africa, and Australasia.

Admedo

Series A in 2014
Admedo is a self-serve online advertising platform that focuses on providing transparency and control in programmatic advertising. Founded in 2013 in the UK by Nick Moutter and Laura Bowen, Admedo has grown into a global company with offices in the US and Europe, and its headquarters in London. The platform automates various aspects of advertisement creation, sales, and management, allowing advertisers to handle their programmatic advertising in-house. Admedo aims to streamline the advertising process by offering all the necessary tools within a single user interface at a fixed cost, promoting a straightforward and inclusive approach to programmatic advertising.

Endomag

Series B in 2013
Endomag is a medical technology company focused on enhancing cancer care standards globally. Founded in 2007 as a spin-out from the University of Houston and University College London, the company has developed advanced magnetic sensing technology that aids in minimally invasive surgical guidance. Its key products, including the Sentimag probe, Magseed marker, and Magtrac node marker, are utilized by leading physicians and cancer centers worldwide. Endomag's mission is to help women with breast cancer avoid unnecessary surgeries and achieve better outcomes when surgery is required. Since its inception, the company has assisted over 70,000 women in accessing more precise and less invasive breast cancer care. Headquartered in Cambridge, United Kingdom, Endomag distributes its products across Europe, the Middle East, Africa, and Australasia.

Skimlinks

Series B in 2011
Skimlinks is a prominent commerce content monetization platform that enables publishers to generate new revenue streams, reducing their reliance on traditional advertising. The platform automatically generates income for publishers by monetizing product links within commerce-related content, earning them a share of sales when readers make purchases through these links. Skimlinks provides access to over 60 affiliate networks, allowing publishers to earn commissions from approximately 27,000 merchants globally. The technology is designed to enhance click-through rates and earnings per click, thereby maximizing revenue potential. In 2017, the annual e-commerce transactions facilitated through Skimlinks' network reached $1 billion. The company serves a diverse clientele, including many of the top publishers in the US and UK, such as Conde Nast, Hearst, Buzzfeed, and the Huffington Post.

Endomag

Series A in 2011
Endomag is a medical technology company focused on enhancing cancer care standards globally. Founded in 2007 as a spin-out from the University of Houston and University College London, the company has developed advanced magnetic sensing technology that aids in minimally invasive surgical guidance. Its key products, including the Sentimag probe, Magseed marker, and Magtrac node marker, are utilized by leading physicians and cancer centers worldwide. Endomag's mission is to help women with breast cancer avoid unnecessary surgeries and achieve better outcomes when surgery is required. Since its inception, the company has assisted over 70,000 women in accessing more precise and less invasive breast cancer care. Headquartered in Cambridge, United Kingdom, Endomag distributes its products across Europe, the Middle East, Africa, and Australasia.

Skimlinks

Series A in 2009
Skimlinks is a prominent commerce content monetization platform that enables publishers to generate new revenue streams, reducing their reliance on traditional advertising. The platform automatically generates income for publishers by monetizing product links within commerce-related content, earning them a share of sales when readers make purchases through these links. Skimlinks provides access to over 60 affiliate networks, allowing publishers to earn commissions from approximately 27,000 merchants globally. The technology is designed to enhance click-through rates and earnings per click, thereby maximizing revenue potential. In 2017, the annual e-commerce transactions facilitated through Skimlinks' network reached $1 billion. The company serves a diverse clientele, including many of the top publishers in the US and UK, such as Conde Nast, Hearst, Buzzfeed, and the Huffington Post.

Skimlinks

Seed Round in 2009
Skimlinks is a prominent commerce content monetization platform that enables publishers to generate new revenue streams, reducing their reliance on traditional advertising. The platform automatically generates income for publishers by monetizing product links within commerce-related content, earning them a share of sales when readers make purchases through these links. Skimlinks provides access to over 60 affiliate networks, allowing publishers to earn commissions from approximately 27,000 merchants globally. The technology is designed to enhance click-through rates and earnings per click, thereby maximizing revenue potential. In 2017, the annual e-commerce transactions facilitated through Skimlinks' network reached $1 billion. The company serves a diverse clientele, including many of the top publishers in the US and UK, such as Conde Nast, Hearst, Buzzfeed, and the Huffington Post.
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