Errol Damelin
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
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.