Ask AI
About
Fortunis Capital are Venture Capital Evolved. A Home Office-endorsing company headquartered in London with a global reach, we believe in achieving positive, tangible benefits for society on a global scale through investing in innovation while delivering exceptional returns for our investors. Our investees include innovators in fintech, Greentech, bio/MedTech, and wellness.
Industry
Computational Biology
Finance & Insurance
Fintech
Regulatory Technology
Program Type
Venture Capital (VC)
Accelerator
Stage
Early Stage
Requirments
Special Data Form
More Info
Info
Services
Criteria
Fortunis can provide financial flexibility regarding the commercial aspect of the Accelerator: we believe both parties must believe in the arrangement and collaborate to succeed.
So while there may be certain variations, the standard arrangement is as follows:
- Duration: 6 months (potentially up to 12 months, on a case-by-case basis)
- Management fees: £5,000 per month (maybe loaned for the duration, ie £30,000).
- Initial investment provision: up to £20,000 for 6-8% equity, dependent upon the start-up's current valuation.
- Existing creditors: Fortunis will look to clear this if the amounts owed are not too high. This is managed on a case-by-case basis.
LAUNCHROAD
LaunchRoad takes the guesswork out of starting a business overseas. We streamline the entire process, from picking the perfect country for your business to handling all the complex immigration paperwork.
© LaunchRoad 2024