Hambro Perks

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Hambro Perks
Company typeGrowth Investor
IndustryVenture Capital
Founded2013
FoundersRupert Hambro, Dominic Perks
Headquarters
London
,
UK
Key people
Rupert Hambro, Dominic Perks, Sir Anthony Salz, Sir John Rose, Clive Hollick

Hambro Perks is a London-headquartered investment firm. Hambro Perks was founded in 2013 by Rupert Hambro CBE and Dominic Perks. Sir Anthony Salz is the Chairman of Hambro Perks.

The Financial Times described the Hambro Perks as "an unlikely fusion of old and new City — clubby establishment networking alongside high-tech entrepreneurial energy." [1]

Portfolio Companies[edit]

The Hambro Perks portfolio is made up of over 100 firms[2] including:

  • Takumi - puts brands in touch with "social influencers" [3]
  • Kortext - digital textbook platform in the UK [4]
  • what3words - re-maps the world in 3M by 3M blocks [5]
  • Previse - AI Fintech startup[6][7]
  • Muzmatch - Muslim dating app [8]
  • Tide - mobile banking services for small businesses[9]
  • Gelesis - biotechnology company developing treatments for obesity[10]
  • HawkEye 360 - geospatial analytics company[10]
  • Movewise - multi-agent property seller [11]

Other notable investments linked to Hambro Perks include Sipsmith, which was sold to drinks giant Beam Suntory in 2016.[12]

History[edit]

Hambro Perks Ltd. was founded in 2013 by Rupert Hambro CBE and Dominic Perks. The firm was originally conceived as a venture investor and incubator.[12]

In August 2017, Hambro Perks hired Kate Burns to run its new media division. Burns was managing director of UK business at Google from 2001 until 2006 before becoming regional director of UK, Ireland, and Benelux as the US web giant expanded. Later, she became the chief executive of European business at AOL.[13]

In December 2020, Hambro Perks was reported to have established a fund specialising in environmental technology chaired by the prominent businessman Sir John Rose.[14]

In January 2021, it announced the establishment of the Hambro Perks Special Opportunities Fund which includes companies sold by Invesco in the wake of the Neil Woodford scandal.[9]

In October 2021, The Sunday Telegraph reported that the firm had established a fund to help 'paper millionaire' entrepreneurs and company founders sell part of their shareholdings. Hambro Perks Co-founder Dominic Perks said his aim with the new fund is to give investors access to shares in fast-growing companies that “will be the stars of the stock market in a few years time”.

The new fund has already backed companies including NA-KD, one of Europe's fastest-growing fashion e-commerce companies, set up by entrepreneur Jarno Vanhatapio.[15]

In November 2021, Hambro Perks was named as the sponsor for the first-ever Special-purpose acquisition company to be listed on the London Stock Exchange following changes to the rules required to list the vehicles.[16][17] The listed company, Hambro Perks Acquisition Company, will be chaired by Sir Anthony Salz, with veteran investor Dominic Shorthouse also joining the board.

In December 2021, the listing of Hambro Perks Acquisition Company (HPAC) was confirmed as having completed.,[18] with co-founder Dominic Perks described by The Times as a 'blazing a trail in London's embryonic market for special purpose acquisition companies'.

In April 2023, Dominic Perks quit his role as Chief Executive with immediate effect.[19][20] He served as the company's CEO since he co-founded the business in 2013.[19]

See also[edit]

References[edit]

  1. ^ Ford, Jonathan (16 May 2017). "Rupert Hambro fuses old City and tech in 'third career'". Financial Times. Retrieved 3 March 2021.
  2. ^ "Our Companies". Hambro Perks. 2019-11-15. Retrieved 2021-03-17.
  3. ^ "Influencer marketing startup Takumi lands $4m Series A". UKTN (UK Tech News). 2017-05-11. Retrieved 2021-03-17.
  4. ^ "EdTech startups Kortext and pi-top join London Stock Exchange ELITE Programme 2018". Bdaily Business News. Retrieved 2021-03-17.
  5. ^ Evans, Peter. "Q&A with angel investor Dominic Perks". The Times. ISSN 0140-0460. Retrieved 2021-03-17.
  6. ^ "FinTech startup Previse raises £2m Seed led by Hambro Perks". UKTN (UK Tech News). 2017-07-05. Retrieved 2021-03-02.
  7. ^ Times, The Sunday. "City grandee takes AI stake". The Times. ISSN 0140-0460. Retrieved 2021-03-02.
  8. ^ Onita, Laura (2018-01-30). "Muslim dating app Muzmatch raises funds to expand overseas". www.standard.co.uk. Retrieved 2021-03-17.
  9. ^ a b "Hambro Perks swoops for tech bargains in £150m Invesco deal". Sky News. Retrieved 2021-03-24.
  10. ^ a b Benstead, Sam (2021-01-19). "Invesco draws line under Woodford legacy with sale". The Telegraph. ISSN 0307-1235. Retrieved 2021-03-24.
  11. ^ Cook, James (2020-08-17). "LoveFilm co-founder backs estate agency start-up in £600,000 funding round". Telegraph.
  12. ^ a b Titcomb, James (22 April 2017). "Rupert Hambro: The banking scion who found a new life as a start-up investor". The Daily Telegraph.
  13. ^ "Hambro Perks hires veteran Burns to lead new media arm". Evening Standard. 2 August 2017.
  14. ^ "London VC Hambro Perks acquires Ombu, a group of seven environmental tech companies". Tech.eu. Retrieved 2021-03-24.
  15. ^ "Hambro Perks targets paper millionaires keen to cash in". Telegraph. Retrieved 2021-10-24.
  16. ^ "VC Firm Hambro Perks Eyes First London SPAC Listing Under New Rules". Bloomberg News.
  17. ^ "London attracts first Spac after rule change".
  18. ^ "Hambro Perks blazes a trail with London's first Spac". The Times.
  19. ^ a b Martin, Ben. "Hambro Perks founder Dominic Perks makes a sudden exit". The Times. ISSN 0140-0460. Retrieved 2023-04-19.
  20. ^ "Hambro Perks boss abruptly leaves VC firm". Financial Times. 2023-04-18. Retrieved 2023-04-19.

External links[edit]