Cornerstone VC

We are delighted to welcome Capsa AI to our growing portfolio of exceptional founders with a £1.7m seed investment alongside Outward VC who led the round with participation from Antler and some other notable angels. Capsa AI is an operating system for private equity professionals that accelerates the initial screening and due diligence of private companies. “In a short period of time, Danyal and Callum have created a product that has caught the attention of the private equity sector, harnessing the benefits of AI whilst maintaining flexibility and control over how it is deployed in internal workflows. Their long term ambition to unlock the value of unstructured data within the private markets industry is something that excites us and one we see great potential for going forward. We are delighted to be part of their round and look forward to working with the team as they seek to scale Capsa AI in the coming years” said Rodney. Find out more here: https://lnkd.in/eDKarqm4

We are delighted to announce Jarvis £1.8m seed round we led alongside Ascension with participation from Tokio Marine Group. Jarvis, is a pension fintech that empowers employees to plan for their ideal retirement lifestyle. “We are proud to back Royden in his mission to transform retirement planning for the hybrid worker. As we all live longer, the need for dynamic and personalised tech in the pensions industry has never been clearer. Jarvis has developed an intuitive platform that gives employers the tools to simplify pension management and users the information to not only save for retirement, but shape it. We look forward to helping the team build the future of pensions with Jarvis." said Rodney. Find out more here: https://lnkd.in/e-xiquzE

We are delighted to announce Passionfruit's $9m Series A round led by Seaya with participation from Playfair firstminute capital, FJ Labs and Portfolio Ventures Passionfruit, is a SaaS marketplace connecting corporate teams with pre vetted freelance talent. “Raffi and Issah have that rare combination that we look for in founding teams – big vision, strong work ethic and execution focus without ever taking themselves too seriously! Since backing the business at pre seed, it’s been fantastic to see the firm gain momentum in new markets and with larger companies ready to embrace the future of work. We are delighted to be part of their latest round and look forward to seeing the business continue to re-imagine independent work for today’s knowledge workforce." said Rodney. Find out more here: https://lnkd.in/es2xJSG8

We are delighted to announce our investment in Exactly.ai's $4m seed round led by Speedinvest and with participation from InReach Ventures, alongside some notable angel investors. Exactly AI is a personalised AI model and image generation platform which supports artists and visual creators to build and train their own generative AI models. “What really attracted us to Exactly was Tonia’s vision for a new and more sustainable way forward for AI that seeks to work in partnership with the creative sector rather than replace it. We are delighted to be part of the round and look forward to seeing the impact that personalised AI has on the sector." said Rodney. Find out more here: https://lnkd.in/dNiNqjzt

We are delighted to announce that Cornerstone VC portfolio company Definely has closed a $7 million Series A round led by Octopus Ventures with some participation from Zrosk Investment Management and a number of notable angels. Definely is an AI powered LegalTech company created to make legal documents easier to read, edit and understand. “AI disruption across the legal sector is set to continue, with productivity and cost efficiency remaining top priorities for legal firms across the globe. Definely is well placed to serve enterprise accounts across the spectrum, including a roster of marquee Magic Circle and AM 100 law firms. We couldn’t be more pleased with their progress having made an initial seed commitment last year. Congratulations Nnamdi and Feargus, you deserve all of the success.” said Edwin. Find out more here: https://lnkd.in/digKnktS

We are delighted to announce our investment in Evaro's $1.5m seed round alongside Exceptional Ventures. Evaro is a plug-and-play online pharmacy platform providing access to prescription medication for patients through consumer brands. “I’m inspired by Thuria and Oskar’s vision to democratise access to healthcare by providing the software needed for brands to meet their customers’ most common healthcare needs, freeing up valuable time for doctors and nurses without compromising treatment. Imagine a world where your favourite cosmetics company can offer prescriptions for acne, eczema and psoriasis... That is what they’re building, together with redefining the safety and efficiency standards in online healthcare. We couldn’t be more proud to back them.” said Rodney. Find out more here: https://lnkd.in/dyMg8QkD

We are delighted to welcome Aster to our growing portfolio of exceptional founders with a $2.4m pre seed investment alongside Cake Ventures. Aster is an end-to-end maternal care platform and the underlying tech stack that powers women’s health. “Aster is a needed clinic enablement software platform that transforms the way pre and post-natal care is delivered, managed and paid for. The software improves the patient experience through secure telehealth, remote monitoring and clinical guidance and drives practice efficiencies with a predictive unified platform and co-pilot for clinicians. We’re delighted to support Fifi, Lailah and Andrew on this journey and look forward to working with them and the other investors in this round as the business grows” said Rodney. Find out more here: https://lnkd.in/dtNUp64J

Before we sign off... Here are some highlights from our Annual General Meeting at the vibrant New Yorker Gallery in Blackfriars, where Rodney, Ella, Edwin, and Wilfred shared some exciting business insights from the last 12 months. We want to give a special thank you to Stephen Welton CBE who delivered an inspiring keynote speech, setting the tone ahead of the team's reflection on mission, deep dive into the fund's performance and outlined objectives for the coming year. We also enjoyed some special presentations from Nnamdi and Rhys at Definely and Dr Lailah at Aster before hearing the extraordinary founder journey story from zero to unicorn with Oliver at Marshmallow. We are so grateful for such a dynamic and engaged community and the messages shared by James at The Hg Foundation, Matthew at Hg and Lord Dr Michael Hastings CBE (to name a few) will stay with us for years to come 🚀 Enjoy your time off and we'll see you in the New Year! BGF, Hg, The Hg Foundation, Atomico and Apax #AGMHighlights #InvestmentJourney #somethingdifferent #juststarted

Before we sign off... Here are some highlights from our Annual General Meeting at the vibrant New Yorker Gallery in Blackfriars, where Rodney, Ella, Edwin, and Wilfred shared some exciting business insights from the last 12 months. We want to give a special thank you to Stephen Welton CBE who delivered an inspiring keynote speech, setting the tone ahead of the team's reflection on mission, deep dive into the fund's performance and outlined objectives for the coming year. We also enjoyed some special presentations from Nnamdi and Rhys at Definely and Dr Lailah at Aster before hearing the extraordinary founder journey story from zero to unicorn with Oliver at Marshmallow. We are so grateful for such a dynamic and engaged community and the messages shared by James at The Hg Foundation, Matthew at Hg and Lord Dr Michael Hastings CBE (to name a few) will stay with us for years to come 🚀 Enjoy your time off and we'll see you in the New Year! BGF, Hg, The Hg Foundation, Atomico and Apax #AGMHighlights #InvestmentJourney #somethingdifferent #juststarted

This year was anything but normal... Yet, we're thrilled about the progress we've achieved and continually inspired by the incredible impact and innovation our founders have shown us throughout the year. We would like to say a big thank you to everyone who has supported us and wish you a wonderful Christmas and a Happy New Year! BGF Hg The Hg Foundation Atomico Apax Rodney Appiah Ella Wales Bonner Edwin Appiah Wilfred R Fianko Nat Falconer Oksana Stowe Jasmine Harper Dean Forbes Lord Dr Michael Hastings CBE Stefan Ericsson Peter Olowe Shoneez Rugan Monique L. Cornerstone Partners Beatrice Benson Ayoola Oluwanusin Kriti Krishan Rere Oye Umarr Jude Conteh Reon P. @James Oblitey Justin Hurlock George Obolo Demi Osibogun #CornerstoneVC2023 #merrychristmas #seeyounextyear