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Cornerstone VC

Cornerstone VC

London, United Kingdom·Founded 2022··cornerstonevc.co

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, 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 GBP 1m cheques into up to 40 companies.

AUM
€23M
Funds
1
vintages 2022
Portfolio
15
Exits
1

Cornerstone VC is a London venture capital firm with €23M AUM, 15 active companies and 1 exit.

Sector breakdown

16 companies
HealthTech
4 · 25%
Fintech
3 · 19%
AI/ML
2 · 13%
LegalTech
1 · 6%
Construction
1 · 6%
Business Services
1 · 6%
HR Tech
1 · 6%
PropTech
1 · 6%

Geography breakdown

3 geographies
UK
14 · 88%
US
1 · 6%
Portugal
1 · 6%

Key facts

HQLondon, United Kingdom
Founded2022

Recent exits

Cornerstone VC sold Aster to Elation Health in 2026 after 2 years.

Partners

Rodney AppiahManaging Partner
Edwin AppiahGeneral Partner
Wilfred FiankoGeneral Partner

Coverage notes

1 fund tracked, 16 portfolio companies (15 active · 1 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Rodney Appiah
Managing Partner
Edwin Appiah
General Partner
Wilfred Fianko
General Partner

Funds & portfolio

Every fund Cornerstone VC has raised, with its portfolio companies. Hand-checked from public filings.

1 fund
Cornerstone VC Fund I
VC2022€23M15 assets1 exits

Unrealized

15 held
CompanyEntry
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
Leeroo
AI/ML · 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

Realized

1 exit
CompanyEntryExitTypeBuyerMOIC
Aster
HealthTech · US
20242026Trade SaleElation Health–

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.

Frequently asked questions

What investment strategy does Cornerstone VC focus on?
Cornerstone VC focuses on VC strategies in the private equity space.
How many portfolio companies does Cornerstone VC have?
Cornerstone VC has 15 active portfolio companies and 1 completed exit and 1 fund tracked on GP Intel.
Where is Cornerstone VC headquartered?
Cornerstone VC is headquartered in London, United Kingdom.
What is Cornerstone VC's assets under management?
Cornerstone VC manages approximately €23M in assets under management.
When was Cornerstone VC founded?
Cornerstone VC was founded in 2022.
What sectors does Cornerstone VC invest in?
Cornerstone VC invests across Software, Healthcare, Financials, Consumer.
What are Cornerstone VC's recent exits?
Recent realized exits by Cornerstone VC include: Aster (2026) to Elation Health.
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Last updated August 2026 · Sourced from public filings · Report an issue