Fund profile / United Kingdom

Onstage Fund I

Stage
Pre-Seed
Fund size
€12M
Focus
Enterprise Software
Signals
Published
Share
N°01 / About

About Onstage Fund I

London-based demo-day platform launched its first venture fund to back ~80 early-stage European startups over three years, leveraging 2,000+ startups and 330+ VC firms network.

N°02 / Thesis

Investment Focus

Location / RegionUnited Kingdom
Funding StagePre-Seed
Industry Focus
Enterprise Software

Investor Signals Profile

active

Sweet Spot

AI/SaaS founders pre-seed to Series A, pan-European, software-first

AI/ML
SaaS
pre-seed to Series A
European tech
software-first
pan-European ecosystem
defencetech

Bullish Signals

Top 100 Demo Day — high-quality pipelineexternal
61% of top picks are AI/MLexternal
Strong European tech ecosystem focusexternal
Using AI agents (Boardy) for screeningexternal
No equity/fees for Demo Day accessexternal
226 unicorns, $1.7T enterprise value in regiontwitter
98% of Top 100 are pure software builderstwitter
S25 applications quality blow-away hightwitter
43% SaaS (vs 25% all applicants)twitter
Europe 2nd strongest tech ecosystem globallytwitter
$150B invested in 3 years pan-EUtwitter
S25 Demo Day instant investor intros livetwitter
2-minute pitches, instant intro requests via websitetwitter
UK, Paris, Brussels, Amsterdam = New Palo Altotwitter

Contrarian Signals

Backs defencetech in active war zonesexternal
Celebrates 18yo founders vs. experienced teamsexternal
Pan-European thesis vs. country-first VCsexternal
18yo founder built company in 3 weekstwitter
AI agent (Boardy) screening stronger than humanstwitter
Good fundraise ≠ business successtwitter
Market conditions drive fundraise success, not qualitytwitter

Founder Do's

Apply pre-seed → Series A (no equity, no fees)
Build in AI/ML or SaaS
Show software-first approach
Do DD on your investors
Apply even from war zones / non-obvious markets
Leverage Demo Day for instant investor intros
7-minute application process
Focus on market fit over fundraise story

Founder Don'ts

Don't pitch if not software
Don't assume fundraise = business health
Don't limit yourself by geography

33 signals on Onstage Fund I

14 bullish · 7 contrarian · 8 pitch do's · 3 don'ts · 1 GP profile, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€12M
Saves0
People

Key People

Onstage

Seid (IC Partner)IC Partner
N°04 / See also

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