LocalGlobe

An early-stage venture capital firm based in London, focusing on pre-seed and seed investments in technology-driven startups.

Venture Capital Active London, United Kingdom Est. 1999
Visit website ↗ LinkedIn
Last updated 2026-07-20
Portfolio
12
in our dataset
Rounds participated
18
Rounds led
4
Rounds' value
$803.3M
total disclosed, rounds participated
Stages
Pre-Seed, Seed

About

LocalGlobe is a venture capital firm founded in 1999 by Robin Klein and Saul Klein. The firm specializes in early-stage investments, particularly at the pre-seed and seed stages, primarily in the UK and European markets. They focus on identifying and investing in promising technology founders, providing capital and strategic support to help nascent companies grow. LocalGlobe, as part of the Phoenix Court Group, also has sister funds Latitude (Series B and C), Solar (pre-IPO and beyond), and Basecamp (investments in first-time seed managers across Europe, Africa, and Asia).

Portfolio · 12

Keply
The AI agent for customer success that watches every account, surfaces revenue at risk and ready to grow, and runs saves or upsells.
Led ★ 1 round $6.0M committed Latest: 2026-06
Venn
Venn is a proptech startup that provides an operating system for residential real estate, connecting residents and managing properties.
1 round $52.0M committed Latest: 2025-11
GammaSite Inc.
An AI-powered platform for creating presentations, documents, and websites.
Led ★ 3 rounds $87.0M committed Latest: 2025-11
Optinetix Inc.
Plesk is a web server, website and web apps management tool.
1 round $20.0M committed Latest: 2025-11
DreamHub Ltd.
An AI-native CRM platform purpose-built for B2B SaaS.
1 round $7.0M committed Latest: 2025-06
Cycle Group Ltd.
Provides automated recycling solutions for beverage containers in Israel.
1 round $40.0M committed Latest: 2023-07
Flow
Provider of AI-enabled smart cart solution for offline retailers.
2 rounds $20.6M committed Latest: 2023-04
PayEm
A global spend and procurement platform that automates finance processes from request to reconciliation.
Led ★ 1 round $20.0M committed Latest: 2021-09
Melio
A B2B payments platform for small and medium businesses.
4 rounds $518.0M committed Latest: 2021-09
InFarm Indoor Urban Farming GmbH
A global vertical farming company that revolutionizes the food supply chain by offering a sustainable and efficient alternative to traditional agriculture.
1 round $25.0M committed Latest: 2018-02
At-Bay
At-Bay is an InsurSec provider that combines cyber insurance with cybersecurity technology to offer end-to-end protection for the digital age.
Led ★ 1 round $6.0M committed Latest: 2017-11
Riskified
Riskified is a publicly traded company that provides software as a service (SaaS) fraud and chargeback prevention technology.
1 round $1.6M committed Latest: 2013-07

Investment activity

5 portfolio exits on record.

Portfolio by sector

Business Software5
Fintech & Insurtech4
Health Tech & Life Sciences4
Cyber Security2
Media & Entertainment Technologies1
Automotive & Mobility Technologies1
Industrial Technologies1

Funds · 3

  • Fund — $115M Jun 2019
  • Fund — $90M Jul 2017
  • Fund — $60M Oct 2015

Q&A

What are LocalGlobe's most recent notable exits?
LocalGlobe has seen several exits recently, including the acquisition of 8fig by Bizcap EU in October 2025, and Melio by Xero Limited in June 2025 for $2.5 billion. Additionally, Ctrl was acquired by Sana in October 2024.
Which sectors does LocalGlobe primarily focus on for investments?
LocalGlobe shows a strong focus on Business Software, with 7 investment rounds, and Fintech & Insurtech and Health Tech & Life Sciences, each with 4 investment rounds.
What are LocalGlobe's preferred investment stages?
LocalGlobe primarily invests in Pre-Seed and Seed stages, with 14 Seed rounds and 3 A Round investments as initial funding.
Who are the co-founders of LocalGlobe?
LocalGlobe was co-founded by Robin Klein and Saul Klein, both serving as General Partners.
Can you name some of LocalGlobe's active portfolio companies?
LocalGlobe's active portfolio includes companies like HiBob, a cloud-based HR platform, and Empathy, a digital companion for navigating bereavement.
What was a significant public market exit for LocalGlobe?
A significant public market exit for LocalGlobe was Riskified, which went public on NYSE in July 2021 with a valuation of $3.3 billion, raising $363 million.
When was LocalGlobe founded and where is it headquartered?
LocalGlobe was founded in 1999 and is headquartered in London, United Kingdom.
What was LocalGlobe's most recent fund close?
LocalGlobe closed a fund in June 2019, raising $115 million.
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