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Ben Ashworth reposted thisCongratulations to our portfolio company Ryft on its £20m Series B. A fantastic milestone for Sadra Hosseini, Alex Mackenzie and the whole team. We’re proud to be part of the journey and excited for what’s ahead as Ryft expands across Europe and the US.Ben Ashworth reposted thisI still remember a payments expert at an accelerator five years ago telling us Ryft couldn't be done. It was pretty crushing. Sadra , Richard and I were convinced we could build something different in payments, but the people who knew the industry far better than us told us we were wrong. We decided to take the risk. Our first partner went live in November 2021, It felt enormous at the time. Now we serve thousands of businesses across the UK and Europe. But the journey from that first customer to where we are today wasn’t straightforward. There were plenty of moments along the way where the easier option would have been to stop, slow down, or take the safer route. 𝗧𝗼𝗱𝗮𝘆, 𝗥𝘆𝗳𝘁 𝗵𝗮𝘀 𝗿𝗮𝗶𝘀𝗲𝗱 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗦𝗲𝗿𝗶𝗲𝘀 𝗕 𝗶𝗻 𝗨𝗞 𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝘁𝗵𝗶𝘀 𝘆𝗲𝗮𝗿: £𝟮𝟬𝗠, 𝗹𝗲𝗱 𝗯𝘆 Gresham House Ventures, 𝘄𝗶𝘁𝗵 Pembroke VCT 𝗮𝗻𝗱 𝗜𝗻𝗴𝗲𝗻𝗶𝗶 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗯𝗮𝗰𝗸𝗶𝗻𝗴 𝘂𝘀 𝗮𝗴𝗮𝗶𝗻. What excites me the most is what this £20M allows us to do next. Expansion across Europe and the US awaits! Press release in comments 👇
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Ben Ashworth reposted thisBen Ashworth reposted thisI still remember a payments expert at an accelerator five years ago telling us Ryft couldn't be done. It was pretty crushing. Sadra , Richard and I were convinced we could build something different in payments, but the people who knew the industry far better than us told us we were wrong. We decided to take the risk. Our first partner went live in November 2021, It felt enormous at the time. Now we serve thousands of businesses across the UK and Europe. But the journey from that first customer to where we are today wasn’t straightforward. There were plenty of moments along the way where the easier option would have been to stop, slow down, or take the safer route. 𝗧𝗼𝗱𝗮𝘆, 𝗥𝘆𝗳𝘁 𝗵𝗮𝘀 𝗿𝗮𝗶𝘀𝗲𝗱 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗦𝗲𝗿𝗶𝗲𝘀 𝗕 𝗶𝗻 𝗨𝗞 𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝘁𝗵𝗶𝘀 𝘆𝗲𝗮𝗿: £𝟮𝟬𝗠, 𝗹𝗲𝗱 𝗯𝘆 Gresham House Ventures, 𝘄𝗶𝘁𝗵 Pembroke VCT 𝗮𝗻𝗱 𝗜𝗻𝗴𝗲𝗻𝗶𝗶 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗯𝗮𝗰𝗸𝗶𝗻𝗴 𝘂𝘀 𝗮𝗴𝗮𝗶𝗻. What excites me the most is what this £20M allows us to do next. Expansion across Europe and the US awaits! Press release in comments 👇
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Ben Ashworth shared thisApplications for Onstage (by Sifted) Demo Day W26 are open and close at 9am on 22 September. Apply free of charge to pitch live to over 200 top-tier VC funds. Even those who don’t make it to Demo Day get exposure to 350 VC fund partners, including The SidebySide Partnership. If you're building something, or know a founder who is, it's well worth applying: https://lnkd.in/gEFuu4r4
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Ben Ashworth reposted thisBen Ashworth reposted thisH1 2026 Portfolio Highlights The first half of 2026 was another strong period for the SidebySide EIS portfolio, with average portfolio company ARR reaching £10.6m, up 67% year-on-year, and total portfolio enterprise value increasing to £458m. While progress was made across the portfolio, a few notable milestones include: -Laundryheap: Launched an exclusive UK partnership with Just Eat Takeaway, giving Just Eat’s 14m UK customers direct access to Laundryheap through the app and in a dedicated laundry section. -Shot Scope Launched its new mass-market LM1 gold launch monitor to strong industry reviews, selling through its initial annual product allocation within a month and delivering record monthly revenue and profitability. -Honest Mobile: Passed a 100,000-customer milestone in June, up from 7.5k in summer 2024 when Honest first launched Smart SIM, and recently named among Sifted's 100 fastest-growing startups in the UK & Ireland. -Tonic Health: Expanded distribution across all of the UK’s major retailers, with products now available in 20,000+ stores, and ranked the third-fastest-growing food and drink brand in the UK by Alantra. Several portfolio companies also completed new institutional funding rounds, with portfolio companies raising more than £37m of external equity funding so far in 2026. A strong first half, with plenty more to come in H2 📈 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘢 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘱𝘳𝘰𝘮𝘰𝘵𝘪𝘰𝘯 𝘧𝘰𝘳 𝘛𝘩𝘦 𝘚𝘪𝘥𝘦𝘣𝘺𝘴𝘪𝘥𝘦 𝘗𝘢𝘳𝘵𝘯𝘦𝘳𝘴𝘩𝘪𝘱 𝘐𝘯𝘵𝘦𝘳𝘯𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘓𝘪𝘮𝘪𝘵𝘦𝘥 𝘢𝘯𝘥 𝘓𝘦𝘦𝘭𝘢 𝘊𝘢𝘱𝘪𝘵𝘢𝘭 𝘈𝘥𝘷𝘪𝘴𝘰𝘳𝘺 𝘓𝘓𝘗, 𝘢𝘯 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘴𝘦𝘥 𝘙𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘢𝘵𝘪𝘷𝘦 𝘰𝘧 𝘓𝘦𝘦𝘭𝘢 𝘊𝘢𝘱𝘪𝘵𝘢𝘭 𝘙𝘦𝘨𝘶𝘭𝘢𝘵𝘰𝘳𝘺 𝘚𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴 𝘓𝘪𝘮𝘪𝘵𝘦𝘥 (𝘍𝘙𝘕 845185). 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 𝘪𝘯𝘷𝘰𝘭𝘷𝘦𝘴 𝘩𝘪𝘨𝘩 𝘳𝘪𝘴𝘬𝘴, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘱𝘰𝘵𝘦𝘯𝘵𝘪𝘢𝘭 𝘭𝘰𝘴𝘴 𝘰𝘧 𝘢𝘭𝘭 𝘺𝘰𝘶𝘳 𝘮𝘰𝘯𝘦𝘺. 𝘍𝘰𝘳𝘦𝘤𝘢𝘴𝘵𝘴 𝘢𝘳𝘦 𝘯𝘰𝘵 𝘢 𝘳𝘦𝘭𝘪𝘢𝘣𝘭𝘦 𝘪𝘯𝘥𝘪𝘤𝘢𝘵𝘰𝘳 𝘰𝘧 𝘧𝘶𝘵𝘶𝘳𝘦 𝘱𝘦𝘳𝘧𝘰𝘳𝘮𝘢𝘯𝘤𝘦. 𝘚𝘦𝘦𝘬 𝘪𝘯𝘥𝘦𝘱𝘦𝘯𝘥𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘤𝘦 𝘸𝘩𝘦𝘳𝘦 𝘯𝘦𝘤𝘦𝘴𝘴𝘢𝘳𝘺.
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Ben Ashworth reposted thisBen Ashworth reposted thisWe’re thrilled to share that we’re launching an exclusive partnership with Laundryheap!🎉 In the UK, Just Eat has been helping millions of customers get dinner delivered to their door for 20 years, and now we’re moving convenience beyond food and retail, and taking the laundry off your to-do list too! Customers can book Laundryheap’s Wash & Fold and Dry-Cleaning services directly through our platform, with clothes collected, cleaned and returned within 24 hours. A convenient laundry solution that helps protect the environment. Laundryheap uses low-emission vehicles and efficient water processes to reduce environmental impact. 🍃 We’re starting in London but keep your eyes peeled because the service is going to be coming to even more customers soon! #JustEat #Laundryheap #Laundry Full press release here ⬇️ https://lnkd.in/egiWdD9E
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Ben Ashworth reposted thisBen Ashworth reposted thisFounders - we’d love to hear from you. At The SidebySide Partnership we back fast-growing UK technology-enabled businesses as they move from scale-up to commercial success. We typically invest in companies with: 📈 £1m–£10m in revenue 💻 Consumer technology or B2B software focus ⚡ Capital-light business models ⭐ Great product, UX and customer support 🏆 Exceptional and customer-obsessed founders 📊 Clear path to profitability 🚀 Ambition to grow into a +£100m revenue business Examples of companies we have backed include Ryft, Laundryheap, Honest Mobile and Tonic Health. Our model is deliberately focused. We only back a limited number of companies at any one time, typically 1–3 new investments a year. This is to ensure we have the bandwidth to support our management teams with real operating experience, follow-on capital and strategic and co-investor introductions. If you are a UK technology business looking for funding, or preparing to raise in the near future, please submit your details here: https://lnkd.in/dxrP9apE #VentureCapital #Startups #Scaleups #SeedFunding #SeriesA #B2BSaaS #ConsumerTech #UKTech #EntrepreneursSidebySide Partnership | SidebySide EIS Venture FundSidebySide Partnership | SidebySide EIS Venture Fund
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Ben Ashworth reposted thisAnother impressive milestone for Laundryheap, expanding access to convenient laundry and dry cleaning through a partnership with one of the UK’s most recognised loyalty programmes.Ben Ashworth reposted thisWe're excited to announce we have partnered with Tesco and its iconic Clubcard. You can now collect Tesco Clubcard points with every Laundryheap order. So, while we’re busy freeing you from the 'wash, dry, repeat' cycle, you’re busy racking up points for your weekly shop, the next tank of petrol, or even your next getaway. Partnering with one of the UK’s most recognisable brands is another big milestone for us. We want to redefine how people handle one of life's most boring chores on a global scale, and what better way to drive that than with one of the globe's biggest companies. To other brands out there - we’re always looking for world-class partners to join us in our mission to liberate the world from laundry. Get in touch if there are ways we can work together! #TescoClubcard #Partnership #PartnersInTheSpotlight #Laundryheap
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Ben Ashworth shared thisThere’s only a few days left to apply to Onstage (prev. Focal) W25 Demo Day 🚨 If you’re an early-stage European founder, it’s a straightforward way to get in front of a lot of relevant investors, including The SidebySide Partnership. The live pitch event is in Soho, London, with 200+ investors in the room, and every applicant’s startup is shared with 350+ VC partners. 20 founders will be selected to pitch live, but applicants who aren’t selected can still get VC introductions. Last cohort saw 1,500+ intro requests, with some startups getting 30+ inbound investor requests. Applications take around 10 minutes, and founders hear back within 3 weeks. Deadline is 12th May. Apply here: https://lnkd.in/edDdqEZN
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Ben Ashworth reposted thisBen Ashworth reposted thisWe’re pleased to share that The SidebySide Partnership has invested in native as part of its Series B growth round. We invested because Native has built a strong and defensible platform connecting universities, students, and brands. The business already reaches 1.8m+ students across 86% of the UK university market, with 100% university retention, and is now showing early signs of repeatable expansion in the US. Looking forward to supporting Nick Musto and the team in this next phase of growth 📈 #venturecapital #seriesb #growth
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Ben Ashworth liked thisBen Ashworth liked thisVestaboard UK Thanks for the exceptional crowdfunding totaliser. Why do we need one of those? Oh, coz our crowdfund just went live. Like an hour ago. We're about to sail through £800k and I'd love you to be part of it. The link is under my name - that little link that says "Visit my website" will take you right there. Since last year we've grown 7x, hit almost $10m ARR and are about to launch the product everyone has been asking us to make for two years. It's finally ready. Help us get it out to the millions in the UK fed up of bad signal. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment.
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Ben Ashworth liked thisBen Ashworth liked thisThis is it: our crowdfund is live. And a few big slices of the pie have already gone 🥧 Now you can own a piece of the mobile network shaking up one of the UK's ancient industries. We started Honest with a simple idea: a mobile network that actually cares about people and the planet. Today 120,000 customers have joined us, and we're one of the UK's top 100 fastest growing startups. But this is truly just the beginning. We’ve got huge plans for what comes next. We won’t rest until rubbish signal and expensive roaming are a thing of the past. Your investment helps us get there faster, and you'll pick up some rewards along the way. (The socks are a team favourite.) The full details and our pitch video are in the comments 👇 Thank you. It means a lot. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment.
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Ben Ashworth liked thisBen Ashworth liked thisIt’s official: Honest Mobile's crowdfunding campaign is now live! 🚀 Andy Aitken and I have been on an incredible journey since ranting about the big mobile networks over a pint in 2019. And we’ve just had our biggest 12 months yet! 📈 120,000+ live customers, growing 7x YoY since Jan ’25 🏆 Named one of UK and Ireland’s top 100 fastest-growing startups by @ sifted 🐉 Two offers on Dragons’ Den 📺 Featured on BBC News, Channel 4, Which?, Forbes, The Guardian and more 🌳 Planted 240,000 trees as the UK’s first B Corp mobile network But it feels like we’re just getting started. We’ve built an incredible team and I’m genuinely so excited about what we’re going to do in the next 12 months. So if you fancy joining our mission to set a bold new standard in mobile, then grab a piece of the Honest pie while you can. Check out all the details and watch our pitch video by clicking the link the comments 👇 Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment.
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Ben Ashworth liked thisBen Ashworth liked thisCongratulations to #Manchester based SEIS and EIS investee company Ryft for raising £20m Series B funding. Ryft, which builds payment solutions for marketplaces, platforms and multi-location businesses, was founded in 2021 by Richard Kirby, Sadra Hosseini and Alex Mackenzie. Investors included EIS Association members SFC Capital and The SidebySide Partnership. Read more here: https://lnkd.in/dc-irsiy #EIS #SEIS #SeriesBPayments company Ryft lands £20m funding for expansion pushPayments company Ryft lands £20m funding for expansion push
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Ben Ashworth liked thisBen Ashworth liked thisGreat to visit Ryft - an incredible Manchester fintech success story - following their £20 million series B to discuss how their latest raise will support them to further scale & expand globally 🌍
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Ben Ashworth liked thisBen Ashworth liked thisManchester's where we built it. Europe and the US are where we grow it. Our founders have been best friends for over 20 years. Back in 2019 they built an ordering app together that grew to a million users, then ran straight into payment providers who couldn't keep up. So they built Ryft. Last week, Gresham House Ventures led our £20M Series B round, with Pembroke VCT and Ingenii Capital backing us again. Thousands of businesses are now running payments through Ryft and we're only just getting started. Sky News exclusive in the comments 🚀 #fintech #europeanexpansion #founderled
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Ben Ashworth liked thisBen Ashworth liked thisAnother big win for UK fintech 🇬🇧 Huge congratulations to U.K. payments company Ryft on its £20m Series B With backing from SFC Capital, Gresham House Ventures, Pembroke VCT and Ingenii Capital, the round is a major vote of confidence in Ryft’s payments technology and its global ambition. The numbers tell the story: 3x processing growth in a year and 6,500+ businesses now using Ryft. Now the next chapter: Europe 🇪🇺 and the US 🇺🇸 Brilliant to see this Manchester-HQ’d fintech building global payments technology. Congratulations to Sadra Hosseini, Alex Mackenzie and Richard Kirby and everyone involved 👏🚀 Jason Druker, MBA, Stephen Page, Anthony Aslan , Fred Ursell , Andy Hall , Sheeraz Salar , Nick Maslechko, CPA , Felix Danczak , Amelia Clovis , Lucy Rigby KC MP
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Ben Ashworth liked thisBen Ashworth liked thisTonic Health's Kids' Strawberry Multivitamin has become a significant market disrupter in the last 3 years. Growing from a base of almost nothing to adding over £1.1m in retail value sales to the market in the last year. 🍓 🍓 Whilst the line has grown in distribution during that time, by far the most exciting element is that the growth has been achieved through consistent increases in sales per store. A firm sign of a product with growing consumer demand, rather than one that simply appears in more places. Brands driving demand > Product Sales Increase > Retailers Benefit from Ranging #scalingbrands #salesgrowth #healthandwellness
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Ben Ashworth liked thisBen Ashworth liked this1 in 3. That's roughly how many Series A companies ever make it to Series B. We just became one of them. Ryft has raised £20M in the largest Series B for a UK payments company in 2026. The round was led by Gresham House Ventures, with continued backing from existing investors Pembroke VCT and Ingenii Capital. It follows a year in which we’ve tripled in size, with more than 6,000 businesses now processing payments with Ryft. Proud of the team behind this, and grateful for the continued backing. The next generation of payments. 🚀 #payments #fintech
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FinTop Consulting
💼 ZILO™ secures £20M to modernise global asset management software London-based fintech ZILO has raised £20M (Series A extension) led by Portage, with participation from State Street and existing investors. Founded in 2023, ZILO develops global transfer agency software used by top custodians and asset managers to streamline transactions and investor record management. The new funding will drive the launch of AI-powered tools for the asset and wealth management industry and support further client onboarding in 2025–26. #Fintech #WealthManagement #AI #Funding #AssetManagement #UKStartups https://lnkd.in/eGyTzVxs
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Find Me Sales
The UK startup market just showed how steady this cycle really is. 🟢 15,978 new companies - formation levels holding firm week after week. 📉 14,036 closures - continuing to sit comfortably below new starts. 📦 Retail and property remain dominant - with consultancy and software close behind. This is what sustained momentum looks like. A stable flow of new companies entering the market every single week. And that consistency is where the best outbound opportunities are built. Leadsearch surfaces these companies the moment they appear. 👉 Start free: https://lnkd.in/enhqGrE5 Are you building pipeline from newly formed companies, or relying on existing accounts? #UKBusiness #CompanyFormation #SalesStrategy #LeadGeneration #CRM
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Jesse Heasman
740 UK startups announced funding rounds in 2025. Where are they based? 🔎 It comes as no surprise that London dominates UK tech 📌 but it's great to see that over a third of firms were based outside the M25 last year. Which VC funds and angels are backing startups outside the capital? We keep seeing... Mercia Ventures The FSE Group Maven Capital Partners PXN Group BGF Foresight Group SFC Capital Scottish Enterprise Northern Gritstone Fuel Ventures 🚀 Parkwalk ACF Investors Haatch ...who have I missed? Soapbox insights brought to you with K&L Gates | Venture Comet LTD | Sage
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Dominic McGregor
Big news for Manchester’s tech ecosystem. Manchester-based Versori has been acquired by US tech giant Avalara, another proof point that world-class technology companies are being built outside London. I’ve known Sean Brown for a long time, first as a colleague after I told him his business idea was terrible and he should come work for Social Chain instead, but more importantly as a friend, and watching his journey has been incredible. Sean’s story has never followed the easy path. What it has always had is resilience, ambition, and an obsession with building things that matter. That’s exactly what Versori represents. From a startup founded in 2022 to a company trusted by global businesses like Macy’s and now acquired by a major US tech leader, this is what happens when talent, grit and opportunity collide in the North. I was proud to invest in Versori, not just because of the technology, but because of the people behind it. Too often we still hear the narrative that ambitious tech founders have to leave Manchester to win. Deals like this prove the opposite. Manchester is producing globally competitive companies. Manchester is attracting international buyers. Manchester is exporting innovation to the world. And founders like Sean are helping lead that charge. Huge congratulations to Sean Brown , Daniel Jones, Will Jackson and the entire Versori team. This is a big win for you, and another big win for Manchester. 🚀 Here’s a picture of Sean & I at my wedding, discussing integration and b2b sales.
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VenturePath
The inaugural UK ScaleUp Investment Report 2026 is now live. The UK has a world-class startup ecosystem. But too few companies successfully make the leap from startup to scaleup. In 2025: → Over £17bn was invested into innovative UK companies → Yet less than 600 raised Series A or B funding (£3.5bn) → Just 7% of seed-funded startups progressed to institutional scaleup capital This demonstrates there are still missing rungs on the funding ladder. On Tuesday we were proud to publish The UK ScaleUp Investment Report 2026 - a data-led assessment of the UK’s scaleup investment landscape, combining: → 2025 venture data analysis → Founder and investor sentiment insights → Founders’ view of policy changes across government and public finance initiatives → Alternative funding options → Ecosystem ambitions for the year ahead The conclusion is clear: capital exists. Ambition exists. But access, coordination and investment readiness remain structural challenges. If we are serious about creating more UK venture-backed scaleup successes, we must move beyond fragmented support and lean into what we call ‘venture collaboration’ - public and private sector working together with shared objectives to help more companies scale with investment. The UK ScaleUp Investment Report was launched at VenturePath’s inaugural UK ScaleUp Investment Summit, joined by Minister McDougall, Minister for Small Business & Economic Transformation. Read the full report in the comments below. Collectively, we can create more venture-backed UK scaleup successes.
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Migasuto
The mandate for the 2026 UK venture ecosystem has shifted. Growth at all costs has been replaced by a far more rigorous requirement: Institutional-Grade Resilience. For the British founder, the barrier to a successful Series A is rarely just more sales. It is the Commercial Architecture that sustains them. At Migasuto, we have evolved beyond the traditional Fractional CFO model. We deploy a full-stack finance division. Every founder acquires their own dedicated Tripartite Team comprising a Strategic CFO, a Business Operations Manager, and a Financial Analyst working in unison to bridge the execution gap for exactly 30 companies this year. Our 2026 Mandate: A £7M Portfolio Economic Impact. • £5M in Diverse Capital Unlocked: Securing the debt, equity, and grants required to empower high-growth and underrepresented founders. • £2M in New Sales Generated: Leveraging our infrastructure to help founders institutionalise their sales process and close enterprise-level contracts. Whether you are navigating the Ascension Portfolio (stabilising cash flow for ventures under £500k) or the Pinnacle Portfolio (engineering Series A readiness for scale-ups over £500k), our objective is the same: Data-driven profitability. We are not just managing finance; we are building the national infrastructure for the next generation of British scale-ups. The ecosystem is evolving. Ensure your financial foundation is built for the weight of your ambition. (See the comment below to join the 2026 Portfolio Waitlist) #ukscaleups #migasuto #venturecapital #economicleadership #fractionalcfo #seriesa
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Pembroke VCT
Welcome to the portfolio, Bolt Insight! Pembroke VCT has led a £7m funding round into Bolt Insight, investing £3.5m alongside 212, Active Partners, Velocity Capital and TIBAS Ventures. Bolt Insight has been on an incredible journey since launching in 2019 with a 50 person team working across the world. The AI-powered market research company has already spoken to over 5 million consumers in 90 markets and is trusted by 11 of the world’s top 15 CPG brands, including Unilever, Danone, and Reckitt. This new investment will help them scale BoltChatAI globally and accelerate work on their Assistant AI Chief Insights Officer, a tool designed to give companies instant answers and direct access to real consumers when they need it most. A huge well done to our team, Fred Ursell, Elizabeth Lazell, Hugo Adams, Andy Hall, Sheeraz Salar, and Emma Ward for their hard work and getting this deal across the line. We’re proud to be supporting Hakan Yurdakul, Kerem Turgay, Baybars Umur, Melek Özsoy, and Ester Marchetti and the whole Bolt team as they continue to bring real consumer voices into business decision making. Read the PR here: https://lnkd.in/ewMPNYjC
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