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Errol Damelin

Europe, England, United Kingdom, London

Description

Errol Damelin is a highly influential and prolific entrepreneur-turned-investor based in London, United Kingdom. Best known as the co-founder of Wonga.com, a pioneering fintech company that raised over $100 million in funding and achieved a valuation exceeding £1 billion at its peak, Damelin has transitioned his deep operational expertise into a successful investment career. He operates as an active angel investor through his family office, Damelin Ventures, and also serves as a Venture Partner at Target Global, a prominent international venture capital firm.

Investor Profile

Errol Damelin has backed more than 34 startups, with 1 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, Brazil.
  • Strong thematic focus on FinTech, Financial Services, Software.
  • Typical check size: $100K – $1M.

Stage Focus

  • Seed (68%)
  • Series A (15%)
  • Pre Seed (12%)
  • Series Unknown (3%)
  • Angel (3%)

Country Focus

  • United Kingdom (71%)
  • United States (21%)
  • Brazil (6%)
  • Israel (3%)

Industry Focus

  • Fintech
  • Financial Services
  • Software
  • Finance
  • Marketplace
  • Health Care
  • E-commerce
  • Payments
  • Mobile Apps
  • Real Estate
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Errol Damelin frequently co-invest with?

Entrée Capital
Asia, Tel Aviv, Israel, Tel Aviv
Co-Investments: 2
Delin Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
SAATCHiNVEST
Europe, England, United Kingdom, London
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Kindred Capital
Europe, England, United Kingdom, London
Co-Investments: 2
Amadeus Capital Partners
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 2
Octopus Ventures
Europe, England, United Kingdom, London
Co-Investments: 3
Passion Capital
Europe, England, United Kingdom, London
Co-Investments: 3
LocalGlobe
Europe, England, United Kingdom, London
Co-Investments: 8
Connect Ventures
Europe, England, United Kingdom, London
Co-Investments: 2

Which angels does Errol Damelin often collaborate with?

WR
Europe, England, United Kingdom, London
Shared Deals: 2
PF
North America, Massachusetts, United States, Cambridge
Shared Deals: 2
JY
North America, California, United States, San Francisco
Shared Deals: 2
SF
Europe, England, United Kingdom, London
Shared Deals: 3
SK
Europe, Zurich, Switzerland, Zürich
Shared Deals: 2
Gigi Levy Weiss
Asia, Israel
Shared Deals: 2
IH
Europe, England, United Kingdom, London
Shared Deals: 7
JG
Europe, England, United Kingdom, London
Shared Deals: 3
AE
Europe, England, United Kingdom, London
Shared Deals: 4
NZ
Europe, England, United Kingdom, London
Shared Deals: 2

What are some of recent deals done by Errol Damelin?

Aurora

Miami, Florida, United States

The AI-Powered Premium Lifestyle Manager For Late-Stage & Post-Exit Founders

Artificial Intelligence (AI)LifestyleSoftware
Pre SeedApr 16, 2025
Amount Raised: $2,500,000
OurRitual

New Castle, Delaware, United States

OurRitual is a digital platform that transforms the way people strengthen and grow their relationships.

CommunitiesHealth CarePersonal DevelopmentPersonal HealthWellness
Pre SeedOct 24, 2022
Amount Raised: $2,000,000
Claimer

Croydon, Croydon, United Kingdom

Claimer makes it simple to submit credit claims for money used for R&D.

AccountingCreditFinanceFinancial ServicesFinTechSoftware
SeedSep 14, 2022
Amount Raised: $4,200,000
Nosso

London, England, United Kingdom

Nosso is a mobile-based financial planning platform for the future of children.

Financial ServicesFinTechMobile Apps
SeedFeb 28, 2022
Amount Raised: $2,818,637
Oto Health

London, England, United Kingdom

Oto builds digital therapy mobile applications for tinnitus support.

AppsHealth CareTherapeutics
Pre SeedJan 14, 2022
Amount Raised: $697,527
Mojo

London, England, United Kingdom

Mojo is a men's sexual well-being app specializing in psychological sexual issues.

Health CareSex Tech
SeedSep 22, 2021
Amount Raised: $4,425,297
Slick

London, England, United Kingdom

Slick is a SaaS and payments platform serving the SME hair and beauty sector.

BeautyService IndustrySoftware
SeedJun 8, 2021
Amount Raised: $1,700,000
Trilo

London, England, United Kingdom

Building the simplest way for people to pay people

ConsumerFinTechMobile PaymentsPayments
Pre SeedJun 1, 2021
Amount Raised: $1,415,598
Eastnine

London, England, United Kingdom

Eastnine are on a mission to banish the ‘not today’ from daily fitness.

Sports
SeedFeb 14, 2019
Amount Raised: $2,559,590
Cazoo

London, England, United Kingdom

Cazoo is an online used car marketplace designed to transform the way people buy, finance, or rent used cars.

E-CommerceMarketplace
SeedDec 2, 2018
Amount Raised: $38,253,011