Number of Portfolio Companies 31
Number of Exits 
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  • Investor Type  Individual/Angel
  • Investor Stage  Early Stage Venture, Secondary Market, Seed
  • Number of Exits 

Errol Damelin is the Founder, CEO, chairman, or original investor and backer of over 75 digital and tech companies around the world, including in the US, the UK, most of Europe, Israel, Indonesia, Brazil, Turkey, South Africa, and Nigeria. He concentrates his efforts on SaaS, fintech, crypto, marketplaces and data analytics as well as on health and

wellness. He is also a technologist and has three granted patents to his name with another four pending.

Among the companies co-founded by Damelin are groundbreaking fintech company Wonga, and SME banking startup Tide. His early investments include Wise, Cazoo, Purplebricks, K Health, YuLife, Sure, Demyst, Zoe, Farewill, CityMapper, Modifi, UnBabel, Thimble, HiBob, Modifi, Elliptic, Lendingkart, and VivaReal. Using his own personal equity, Damelin continues to invest early on in the next generation of entrepreneurs so that he can help them succeed. He is not an institutional VC fund and does not maximize the assets under his management. He best describes his approach as Riding Shotgun.

Damelin's success as a founder has been recognized by The Guardian, which named him Digital Entrepreneur of the Year in 2011; by Ernst and Young, which named him the UK's Entrepreneur of the Year in 2011 as well; and by TechCrunch, which named him Founder of the Year in 2010.

Number of Investments 33
Errol Damelin has made 33 investments. Their latest investment was Pre Seed Round - Ritual on Oct 24, 2022, when Ritual raised
$2M
.
Announced Date  
Organization Name  
Lead Investor  
Funding Round  
Money Raised  
Oct 24, 2022
Ritual
Pre Seed Round - Ritual
$2M
Sep 14, 2022
Claimer
Seed Round - Claimer
$4.2M
Feb 28, 2022
Nosso
Seed Round - Nosso
£2.1M
Jan 14, 2022
Oto Health
Pre Seed Round - Oto Health
£510K
Sep 22, 2021
Mojo
Seed Round - Mojo
£3.3M
Jun 8, 2021
Slick
Seed Round - Slick
$1.7M
Jun 1, 2021
Trilo
Pre Seed Round - Trilo
£1M
Feb 14, 2019
Eastnine
Seed Round - Eastnine
£2M
Dec 2, 2018
Cazoo
Seed Round - Cazoo
£30M
Nov 20, 2018
Feedr
Seed Round - Feedr
£1.5M
Number of Exits 
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Errol Damelin has exits. Their most notable exits are WiseVivaReal, and Thread.
  • Wise Wise is an software devoloping company that provides money transfer services.
  • VivaReal VivaReal is an online real estate marketplace that connects buyers, sellers, and renters with properties in Brazil.
  • Thread Thread operates as an online personal styling platform designed to help men find clothes.
  • Thimble Thimble is an insurance company that covers commercial property, cyber, and general liability insurance services.
  • PurpleBricks PurpleBricks is an online real estate agent that helps its clients to sell, buy, and let their properties.
  • Feedr Feedr is the leading cloud canteen in Europe as well as B2B catering booking platform
  • Dragonplay Dragonplay is a developer and a publisher of social games for smartphones and social networks.
  • Citymapper Citymapper is a transportation app created to address urban mobility challenges.
  • Cazoo Cazoo is an online used car marketplace designed to transform the way people buy, finance, or rent used cars.
Number of Past Jobs 3
Errol Damelin has had 3 past jobs including Chairman at Wonga.
Organization Name  
Title At Company  
Start Date  
End Date  
Wonga
ChairmanNov 1, 2013Mar 1, 2014
Wonga
Founder & CEODec 2006Sep 1, 2013
Supply Chain Connect
Founder & CEOMay 2000Nov 2005
Number of Past Board & Advisor Roles 1
Organization Name  
Title At Company  
Start Date  
End Date  
Thread
Chairman20132019
Number of Events 1
Errol Damelin has participated in 1 event, TechCrunch Disrupt Europe 2013: Berlin on Oct 26, 2013.
Number of News Articles 92
Funding RoundOct 24, 2022
Ritual raised $2,000,000 / Pre Seed from 97212 Ventures and 9 other investors
Funding RoundSep 14, 2022
Claimer raised $4,200,000 / Seed from Ben Holmes and 8 other investors
Funding RoundFeb 28, 2022
Nosso raised £2,100,000 / Seed from Anthemis and 6 other investors
Funding RoundJan 14, 2022
NewsNov 24, 2021
Financial Times — Be a global citizen.
Funding RoundSep 22, 2021
Mojo raised £3,250,000 / Seed from Alex Rose and 8 other investors