Seed VC, London

Episode 1 Ventures

Venture capital firm · London · Founded 2013

Quick read

Episode 1 Ventures is a seed-stage VC firm founded in 2013, headquartered in London. It backs B2B software startups at Pre-Seed and Seed with cheques of £250k–£3m, targeting companies with a clear path to Series A. Fund III closed at £76m; a Fund IV is in motion with a £35m British Business Bank commitment.

Key facts

Founded
2013
Employees
8
Sectors
generalist, saas, ai
Website
www.episode1.com

Investment thesis

Episode 1 backs B2B software startups at Pre-Seed and Seed with £250k–£3m cheques, taking 10–20% ownership and leading rounds. The firm focuses on deep tech, AI, and software infrastructure disrupting established industries, with an explicit goal of getting portfolio companies to a strong Series A.

Recent activity

  • Jun 2026investment
    Episode 1's latest investment was made on 10 June 2026 in Record OS, a company in the accounting, audit and tax services sector. pitchbook.com
  • Jul 2025fundraise
    Episode 1 opened Fund IV in July 2025, its fourth fund vehicle targeting pre-seed and seed B2B software startups. startupintros.com
  • 2025fundraise
    The British Business Bank committed up to £35mn to Episode 1 Fund IV, extending a relationship that spans its 2014, 2018 and 2022 vintages. The Bank cited Episode 1's track record in AI, software infrastructure, deep tech and tech bio as the rationale. minutehack.com
  • Feb 2024fundraise
    Episode 1 closed Fund III at £76m ($95m). LPs include the National Security Strategic Investment Fund (a British Business Bank and UK government joint initiative), British Patient Capital, and Molten Ventures. The firm flagged in-house data-driven deal sourcing tools as part of its strategy. techcrunch.com
  • Jan 2024fundraise
    Episode 1 Fund III finalised its capital commitments in January 2024. startupintros.com
  • Feb 2024press
    General Partner Hector Mason spoke to VCWire about Fund III's strategy, confirming focus on AI, TechBio, open-source, software infrastructure, healthtech and marketplaces. Media coverage for the close included TechCrunch, Sifted, City AM, Sky News and Bloomberg. vcwire.tech
  • 2025investment
    Episode 1 Ventures led a $4M round for an AI forecasting company (specific company name not disclosed in results). linkedin.com
  • 2025fundraise
    Episode 1 announced its £76m third fund — its largest to date — targeting B2B startups at Pre-Seed and Seed with ticket sizes of £250k to £3m, plus follow-on allocation. 21 of the LPs are Episode 1 portfolio founders. uk.linkedin.com
  • 2025leadership
    Megha joined Episode 1 as a new team member, bringing seven years at Goldman Sachs and seven years as a B2B founder, plus recent VC experience. uk.linkedin.com
  • Feb 2026investment
    Tracxn recorded Episode 1 as having made 5 new investments in the prior 12 months, with the most recent being a Seed round participation in Refute. tracxn.com
  • 2026press
    Episode 1 was cited as actively investing at pre-seed and seed in AI, cybersecurity, fintech, and commerce sectors in a roundup of 50 active early-stage investors. linkedin.com
  • 2024fundraise
    Episode 1 closed its £76m third fund, its largest to date. The fund targets B2B software startups at Pre-Seed and Seed, writing cheques of £250k–£3m with capital reserved for follow-ons. 21 of the fund's LPs are Episode 1 portfolio founders. linkedin.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Simon Murdoch · Partner
    LinkedIn
  • Hector Mason · General Partner
    LinkedIn
  • Adrian Lloyd · Partner
    LinkedIn
  • Paul McNabb · Partner
    LinkedIn
  • Megha Prakash · Partner
  • Millan Suri · Principal
    LinkedIn
  • Stephanie Orde · CFO
  • Damien Lane · Partner

Sources

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Frequently asked

What is Episode 1 Ventures?+

Episode 1 Ventures is a seed-stage VC firm founded in 2013, headquartered in London. It backs B2B software startups at Pre-Seed and Seed with cheques of £250k–£3m, targeting companies with a clear path to Series A.

Where is Episode 1 Ventures headquartered?+

Episode 1 Ventures is headquartered in London, United Kingdom.

When was Episode 1 Ventures founded?+

Episode 1 Ventures was founded in 2013.

What sectors does Episode 1 Ventures invest in?+

Episode 1 Ventures focuses on generalist, saas, ai. They primarily invest in these sectors.

How do I prepare for a meeting with Episode 1 Ventures?+

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Generated by briefthecall.com from public web sources. Last updated August 7, 2026. Each claim is linked to its source above.

Automatically generated by AI from public sources. May be inaccurate or out of date. Remove or correct this profile →