INVESTOR NOTES / 001ANGEL INVESTOR / , United Kingdom
KNOW THE INVESTOR. SHARPEN THE PITCH.

Angel investor · United Kingdom

Paul Forster.

Recorded investments.
A clearer sense of fit.

Find where your company fits, how rounds are assembled, and what happened after the first investment.

THE ENTRY PATTERN2014–2026
87%

of dated first investments
were at Angel, Pre-Seed or Seed

First investment stage across 39 companies34 Seed, 0 Angel and 5 other-stage entries. Each dot represents one company.
Seed 34Angel 0Other 5

One dot = one company at first recorded investment.

39 companies · 48 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 14 Apr 2026
THE FOUNDER’S BRIEF

Read the pattern before the pitch.

Written insights from the recorded portfolio, with the evidence linked below.

01

Start with the first entry

Paul Forster has dated investments in 39 companies. 34 first entries were at Angel, Pre-Seed or Seed (87.2%). An early-stage founder can use the sector and stage filters to find comparable companies before approaching the investor.

Explore the evidence ↗
02

Separate activity from reputation

7 first company relationships appear in the latest 24 months, compared with 7 in the preceding window. The latest recorded investment is 2026-04-14. This describes observed activity through 2026-05-22; it does not establish current availability.

Explore the evidence ↗
03

Plan the next financing step

22 of 32 companies with a full 24-month observation window raised another equity round. This investor backed 4 of those companies again within that window. The difference is a reason to research the wider syndicate, rather than assume the same investor will fund the next round.

Explore the evidence ↗
04

Use a specific point of relevance

FinTech is the largest displayed sector by company count, appearing in 12 portfolio companies; sector tags overlap. 0 first entries carry a recorded lead flag and the median first-round syndicate includes 5 other named backers. Shared rounds are evidence of co-investment, not evidence of an introduction route.

Explore the evidence ↗
01 / THE READOUT

Four signals before you pitch.

Start with observed behavior.
Every rate has a defined denominator.

01 — ROUND CONTEXT
$2.0M–$5.5M

The middle half of entry rounds

25th–75th percentile across 39 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
7companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 7 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
69%

Another equity round within 24 months

22 of 32 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
13%

This investor invested again within 24 months

4 of the same 32 companies. Build a financing plan around the wider investor market.

Explore co-investors ↗
02 / FIND YOUR FIT

Where does your company sit?

Choose your sector and stage to find
companies he first backed in that space.

YOUR COMPANY

A match means a recorded investment in this category. It does not establish current interest or availability.

39matching companies
$2.9Mmedian first round (39 disclosed)
7first backed in last 24 months

All sectors · All entry stages. Round amounts are total financing, in USD.

Seed

OtelAI ↗

AI-based guest engagement platform for hotels

$2.3M total first round
Seed

Round Treasury ↗

Cloud-based treasury management platform

$6.0M total first round
Seed

Eunice ↗

AI-powered platform for digital asset compliance and due diligence

$8.0M total first round
Explore matching portfolio companies ↓

The sector × stage map

First investments · companies can appear in more than one sector
Number of first investments by sector and entry stage. Select a cell to explore companies.
SectorSeedSeries ASeries BAll stages
FinTech12
Artificial Intelligence6
HRTech6
FinTech SaaS4
Banking Tech3
Cloud Banking3
Future of Work3
03 / ROUND DESIGN

The round around the investor.

Use stage-specific financing ranges
to frame the size of your syndicate.

First-round size, by entry stage

USD · middle 50% and median
Seed34 disclosed
$2.5M$1.9M–$4.0M
Series A3 disclosed
$7.8M$5.6M–$9.4M
Series B1 disclosed
$5.9M$5.9M–$5.9M
$10K$100K$1M$10M

Logarithmic scale. A dot marks the median; the band spans the 25th–75th percentiles. These are entire rounds, not individual cheques.

04 / WHAT HAPPENS NEXT

One investment. Two different paths.

A subsequent round and repeat backing
answer different fundraising questions.

32
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
68.8%
22 of 32 companies

Backed again by this investor

A subset of the companies above
12.5%
4 of 32 companies
i

Includes first investments on or before 22 May 2024. 7 newer companies and 0 undated histories are excluded. Follow-up stops at the dataset’s latest round on 22 May 2026. These observations do not measure returns or predict a company’s outcome.

See the stage-by-stage denominators +
First stageEligible companiesNext round ≤24 moSame investor again ≤24 mo
Seed2819 / 284 / 28
Series A32 / 30 / 3
Series B11 / 10 / 1
Unattributed00 / 00 / 0
05 / INVESTMENT RHYTHM

New names. Returning relationships.

Separate first investments from later
rounds in companies already backed.

New companiesRepeat rounds

*2026 is partial, through 22 May. Bar height counts first investments + repeat rounds; earlier years are complete calendar periods in this dataset.

06 / THE CO-INVESTOR MAP

Who else belongs on your research list?

Frequent shared rounds suggest a place
to investigate sector and stage alignment.

01
FIRM

Seedcamp

12 shared rounds · 10 companies

Latest shared round Oct 2024
02
FIRM

Passion Capital

7 shared rounds · 5 companies

Latest shared round Apr 2026
03
FIRM

Cherry Ventures

3 shared rounds · 3 companies

Latest shared round Nov 2022
04
FIRM

Connect Ventures

3 shared rounds · 2 companies

Latest shared round May 2024
05
FIRM

Kima Ventures

3 shared rounds · 3 companies

Latest shared round Jul 2024
06
FIRM

Mosaic Ventures

3 shared rounds · 3 companies

Latest shared round Nov 2022

Shared rounds establish recorded co-investment. They do not establish a personal connection, introduction route, or current willingness to invest.

07 / THE EVIDENCE

Explore the portfolio.

First investment comes first.
Amounts refer to that entry round.

39 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Apr 2026Seed$2.3MNo later round recorded
Apr 2026Seed$6.0MNo later round recorded
Mar 2026Seed$8.0MNo later round recorded
Zalos ↗London
Mar 2026Seed$3.6MNo later round recorded
Oraion ↗Ireland
Jul 2025Seed$3.5MNo later round recorded
Singulate ↗United States
Oct 2024Unattributed$2.3MNo later round recorded
Rollstack ↗New York City
Jul 2024Seed$1.8MNo later round recorded
Oct 2023Seed$7.5MNo later round recorded
Enzai ↗Belfast
Sep 2023Seed$4.0MNo later round recorded
Jul 2023Seed$6.0MNo later round recorded
Feb 2023Seed$2.3MNo later round recorded
Nov 2022Seed$2.5MNo later round recorded
Jul 2022Seed$1.7MNo later round recorded
Verse ↗London
Jun 2022Seed$2.4MNo later round recorded
Fuel ↗Berlin
Mar 2022Seed$1.6MNo later round recorded
Dec 2021Seed$4.0MYes · May 2024
Dec 2021Seed$2.5MYes · Jun 2022
Nov 2021Seed$3.5MNo later round recorded
Culture AI ↗Manchester
Nov 2021Seed$4.0MYes · May 2023
Attio ↗London
Oct 2021Seed$7.7MNo later round recorded
9fin ↗London
Oct 2021Series A$11MNo later round recorded
Sep 2021Seed$2.0MNo later round recorded
Jun 2021Seed$10MNo later round recorded
Feb 2021Seed$5.1MNo later round recorded
Ben ↗London
Jan 2021Seed$2.5MNo later round recorded
Aug 2020Seed$8.6MNo later round recorded
Aug 2020Seed$781KNo later round recorded
May 2020Seed$2.9MYes · Feb 2022
May 2020Seed$1.7MYes · Nov 2020
Oct 2019Seed$3.2MNo later round recorded
Sano ↗London
Apr 2019Seed$653KYes · Mar 2022
Dec 2017Series B$5.9MNo later round recorded
Jan 2017Seed$2.1MNo later round recorded
Juro ↗London
Dec 2016Seed$748KYes · Dec 2019
Sep 2016Seed$1.6MNo later round recorded
Apr 2016Seed$2.2MNo later round recorded
Apr 2015Seed$1.8MNo later round recorded
Feb 2015Series A$3.4MNo later round recorded
Kriya ↗London
Dec 2014Series A$7.8MNo later round recorded
0 more companies have undated investments

Kept in the 39-company portfolio; excluded from entry-timing calculations.

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