Investor Profile: Solid Bond
Dan Dudley is Finance & Commercial Director at Solid Bond
- Pre-Seed
- Seed
Name: Dan Dudley, Zayn Sulaman
Investment company name: Solid Bond
AUM: £10m
No. of Portfolio companies: 27
No. of Portfolio companies in the North of England: 16
Average no. of deals per year: 5
Team size: 6
Website: www.solidbond.com
Location(s): UK Wide, Lancashire based
Name three notable portfolio companies: GoJoe, Harper Concierge, Clicksit
Fund name: Solid Bond
Investment ticket range: £150k - £500k
Stage: Pre-seed
Sectors: Generalist, excluding life sciences, deep tech, gambling, alcohol & tabacco
Location: UK Wide, North West preferred
Other investment criteria:
- UK based
- Tech, tech-enabled
- pre-seed
- Post MVP but can be pre-revenue
What do you look for in an investee business?
- Founders show deep sector expertise and knowledge of the market and the problems/ opportunities.
- Evidence of ability to sell/ get people bought into vision
- Technical founder in founding team preferred, not essential
- Traction – business has grown as much as possible without needing funding
- Traction (order of preference) – revenue/ MRR, Contracted revenue, Pilots, users, LOI's
- Clear understanding and logic of what the funds will be used on and why
Why founders choose you as an investor?
- Pre-seed focused fund
- Great operators in the team, our model is to work closely with founders post investment – not looking to run the business but help support at stage where there is little support for pre-seed founders.
- North West based and focused team.
How to get in touch with you?
Reach out to either Dan Dudley (dan@solidbond.com) or Zayn Sulaman (zayn.sulaman@solidbond.com).
Apply for funding at www.solidbond.com (best option – we respond to all founders).