Mismatch between quality of applications and expectations of investors.

Circa £8 billion of VC funding in the UK is held back due to applications being considered non-investable.

Related to this, UK venture capital funds have accumulated over £25 billion in “dry powder” over the past three years, awaiting more favourable market conditions or better opportunities, rather than being invested as soon as raised.

One of the reasons for uninvested capital is the mismatch between the quality of applications and the expectations of investors with only 7% applicants obtaining investment.

Given this, it’s easy to imagine how big the tech sector could become if funding became available to the majority of applicants. So, what’s the solution? Clearly, the quality of applications need improving so wouldn’t it make sense that applicants obtain a fundability rating before they apply so they know what their chances of success are and how they can improve their rating? In turn, this would save them wasting time, money and effort in applying, too early. It would also save VCs having to read 000s non - investable pitch decks annually and the related costs.

A WIN-WIN for all.