🎉 2024 has been a year full of excitement about #SEIS, but especially one story stood out: Onfido’s acquisition by US payments giant Entrust – a huge win for the UK startup scene, and also the SFC Angel Network, which has seen investors making returns of 100x. Back in 2012, Husayn Kassai, Eamon Jubbawy, and Ruhul Amin secured seed funding following one of SFC’s first Crocodile Lair pitching events, and then incubated at SFC’s offices. Fast-forward to today, Onfido has grown significantly and has exited in what has become one of the biggest UK tech exits to date, earning it the ‘Exit of the Year’ title at the UK Business Angels Association Awards. Husayn has since become an investor in SFC Capital’s funds himself and already raised the pre-seed round for his new business – Quench.ai . The edtech platform helps companies empower and upskill their workforce – lessons Husayn learned during his time at Onfido. This shows the power of the Seed Enterprise Investment Scheme in backing early-stage founders, but also the significance of platforms like Home Grown Club and Home House to make these rewarding connections happen. 📖 Read the full article in our blog: https://lnkd.in/gGyKkdcB #seedfunding #startupinvestment #Onfido #Entrust Enterprise Investment Scheme Association (EISA) Capital at risk. For professional investors only. Past performance is not indicative of future performance.
Excellent news.
Wow, great story and great acheivement - well done!
This is amazing, we hope AugmentAero follow in their footsteps! 😎
Well done SFC Capital ! Great return for your investors and Angels.
Grateful to have the powerhouse that is Husayn supporting and backing me on my startup journey.
Excellent work, well done!
#Angel_Investors are wellcome to invest in a startup's Seed Round to support a unique vision/mission - #eCommerce_to_Empower_Customers.