Fund profile / United Kingdom

AshGrove Capital Fund II.

Geography: United Kingdom
Stage: Series A
Fund size: €650M
Focus: SaaS
Signals: Published

N°01 / About

About AshGrove Capital Fund II.

AshGrove Capital Fund II. is a venture capital firm based in United Kingdom, focusing on Series A stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionUnited Kingdom

Funding StageSeries A

Industry Focus

SaaS

Investor Signals Profile

active

Sweet Spot

B2B SaaS/services founder needing non-dilutive senior debt

B2B Software & Services

Senior Secured Debt

Non-Dilutive Capital

Sponsor-Backed

Founder-Led

Bullish Signals

~EUR 1bn AUM, two fundsexternal

26-person team, London+Copenhagenexternal

EUR 10-50m tickets, scalableexternal

FCA-regulated, institutional credibilityexternal

Dual market presence: UK + Nordicsexternal

Bespoke solutions, flexible termswebsite

Support growth & strategic ambitionswebsite

Resilient business models preferredwebsite

Contrarian Signals

Debt-only — no equity upsideexternal

Narrow sector focus onlyexternal

Founder Do's

Be founder-led or sponsor-backed

Operate in B2B software/services

Seek non-dilutive growth capital

Need EUR 10-50m ticket size

Have resilient business model

Founder Don'ts

Don't seek equity investment

Avoid if outside B2B software/services

Don't expect sub-EUR 10m tickets

18 signals on AshGrove Capital Fund II.

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Facts

Fund Overview

Fund Size€650M

Saves0

Website

People

Key People

Jonathon Ferguson, Lkka Rantanen, Hilip Fretwell

N°04 / See also

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