Cornerstone VC
Cornerstone VC is a London-based early-stage venture fund founded in 2022, investing at pre-seed and seed stage in UK technology businesses led by diverse founding teams across SaaS, fintech, healthtech and marketplaces. It is the trading name of Cornerstone Venture Partners LLP (Companies House number OC440668), an Appointed Representative of The Fund Incubator Limited, which is authorised and regulated by the UK Financial Conduct Authority under firm reference number 208716. The firm reached first close of its maiden fund at GBP 20 million in August 2022, anchored by BGF and The Hg Foundation, writing GBP 250k to 1m cheques into up to 40 companies.
Key facts
Recent exits
Coverage notes
1 fund tracked, 15 portfolio companies (14 active · 1 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Cornerstone VC has raised, with its portfolio companies. Hand-checked from public filings.
Cornerstone VC Fund IVC2022 · 4yr€23M14 active · 1 realized
Unrealized
14 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Capsa AI | Fintech | UK | 2024 |
| ComplyStream | Fintech | UK | 2025 |
| Definely | LegalTech | UK | 2023 |
| Evaro | HealthTech | UK | 2024 |
| Exactly AI | AI/ML | UK | 2024 |
| Gladys | HealthTech | UK | 2025 |
| Healthtech-1 | HealthTech | UK | 2024 |
| Jarvis | Fintech | UK | 2024 |
| Litehaus | Construction | Portugal | 2025 |
| Monq | Business Services | UK | 2025 |
| Passionfruit | HR Tech | UK | 2024 |
| Smart Bricks | PropTech | UK | 2026 |
| Sticky | SaaS | UK | 2023 |
| Storia | Consumer | UK | 2023 |
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About Cornerstone VC
Cornerstone VC is one of the UK's few Black-led institutional venture capital funds with approximately £20 million of assets under management as of December 2024 (debut fund with £20 million first close announced August 2022, BGF as lead and cornerstone investor alongside Hg Foundation and others), headquartered in London at 10 Orange Street, Haymarket. The firm was founded in 2021-2022 as a spin-out of Cornerstone Partners, a Black-led angel investor group, with founder Rodney Appiah having left his prior role in December 2020 to build the fund full-time. Cornerstone VC operates as an independent partner-owned LLP, FCA-regulated.
Investment thesis
Cornerstone VC deploys capital through its debut fund, targeting pre-seed to pre-Series A venture capital in UK tech-enabled startups with initial cheques of £250k-£1 million plus follow-on reserves, targeting approximately 40 companies and deliberately backing diverse founding teams. Sector focus spans health tech, climate and carbon tech, supply chain and logistics, proptech and infrastructure, enterprise software, AI and ML, fintech, edtech and marketplaces and networks. Geographic deployment is UK-focused with a deliberate proportion of investments outside London. The diversity-led investment thesis uses team diversity as a core driver of expected outperformance.
Recent activity
Realised exits have not been disclosed as the fund is early in its lifecycle. Recent investments include enterprise and AI Series A (2026), proptech seed (2026) plus seed rounds across health and consumer tech (2025-2026). The platform continues active deployment across the UK diversity-led early-stage mandate. Detailed buyer names and multiple data available on Pro at €29/month.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
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