We invest in startups that are no longer a fit for venture capital
LaunchMile 23Profit
The situation
You’ve raised venture capital, built great products and won valuable customers. Yet your VCs tell you it’s not good enough.
Or you’re tired of the endless unachievable targets and want to get on with running a business.
We’re here to help. 23mile is a special situations fund that invests in venture-backed startups transitioning from hypergrowth to profitability.
Learn moreOur approach
Investment
We invest in and restructure the business alongside founders.
Acquisition
We acquire the entire business.
Investment thesis
Venture-backed B2B software companies with £1m to £5m in recurring revenue, mainly in the UK.
£1m–£5mRecurring revenue
B2BSoftware businesses
UKPrimary market
Contact us
info@23mile.com
London