The angel syndicate finding & supporting the best UK startups.

Kash Aslam Matthew Stafford Founders of mtrx syndicate

What mtrx syndicate does.

mtrx syndicate (pronounced ‘matrix’) is a UK angel investment syndicate established in 2016 with over 80 syndicate investors mostly based in the UK, with some in the US, Europe, Asia and the Middle East.

Our mission is to source the best UK startups, apply commercial diligence rigour from our corporate world experience and only present investment opportunities to our syndicate investors that we are personally investing into.

Each investment opportunity qualifies for HMRC’s attractive SEIS or EIS tax benefits.

After investment, we stay close to the startups through participation in board meetings and regular discussions to help them with their growth and challenges, keeping our syndicate investors appraised of key developments.

We aim to follow on in subsequent rounds in future years and have done so several times for most of our portfolio.

Our syndicate investors join mtrx syndicate because they want a curated handful of diligenced startup investment opportunities each year, but they are looking for more than simply a potential financial return. They want to be part of the growth journey, contributing and learning themselves along the way. After all, that’s the fun of startup investing.

So if you are keen on a curated flow of diligenced tax efficient UK startup investments, and want to be part of an investment committee keen on having some exposure to the rollercoaster of startup life, mtrx syndicate is for you.

We don’t advise, we simply invest ourselves and share the analysis in arriving at our decision with our syndicate investors. Our own money goes into every deal, and if our syndicate investors want to invest alongside us, they can choose to do so (or choose to pass). We aim to make 3 - 4 investments each year, so we won’t be clogging up your inbox, but it’s enough to keep things interesting. For each investment presented of course, there were several startups we analysed that didn’t make our cut.

We gather and review a lot of information before making investments, and share this all with our investors. Most importantly, syndicate investors receive our detailed but easy to digest 10 page investment memo (modelled on the investment memos Kash used to write at Blackstone), and have an opportunity to meet and quiz the startup founders. 

To join the syndicate, investors pay £1,000 for lifetime membership. In return, they get access to our deals, our comprehensive analysis and the startup founders. There are no fees charged to syndicate investors at time of investment and no ongoing management or membership fees. If a startup successfully exits, investors must get their original investment back first before we charge 10% (plus VAT if applicable) of any marginal gains.

How mtrx syndicate works.

10 reasons to join mtrx syndicate.

  1. We meet hundreds of entrepreneurs each year so you don’t have to, providing access to investment opportunities that are typically not available to individual angel investors.

  2. We share our analysis in a comprehensive investment memo to help you make an informed decision - we’re rigorous in examining the strengths, weaknesses, opportunities, threats and critically the key factors you need to believe for the startup to succeed - our approach is truly unique in the angel investing world, and our investors find our work thorough, balanced and insightful.

  3. We invite you to meet the startups pre-investment (and regularly post-investment) in a collaborative atmosphere - they’re always keen to leverage our investor network to help their growth.

  4. We aim to share 3 - 4 opportunities a year, so it’s easy to keep up and take each seriously, and we encourage your feedback / perspectives in our evaluation.

  5. All opportunities qualify for HMRC’s EIS / SEIS tax incentives - meaning significant downside protection.

  6. We invest in those who we think are great, and invite you to join us, with no obligation to invest if it’s not your cup of tea, with a minimum investment of £10k if you are interested.

  7. We encourage you to get involved in supporting our startups on their journey - time is precious so we only suggest this when it’s worthwhile - for instance it would be great for our syndicate investors to represent us on the boards of our portfolio companies as our portfolio grows.

  8. We don’t charge syndicate investors any fees at investment or ongoing management fees. We charge 10% (plus VAT if applicable) of any marginal gains if a startup successfully exits.

  9. We’ll connect you with other interesting people in the syndicate - we’re all curious people with a mindset of ‘why not’ and have had successful careers in business and corporate life with an interest in disrupton.

  10. Being a mtrx syndicate investor is a great thing to add on your LinkedIn to demonstrate your breadth and ambition giving you new perspectives and stories to share with your network.