ABOUT US

 

Draper Esprit was founded in 2006 with a mission to back Europe's most ambitious entrepreneurs.
We invest into visionary and growing companies and also have the ability to do direct secondary deals into late stage tech companies as well as buying entire venture capital portfolios. We raise funds from a variety sources and always are able to source capital for the best opportunities through our partnerships.

Our leading institutional LPs have committed more than $1 billion to our funds to date, and we are one of the largest and most active VC firms in Europe. If you are an LP seeking more information regarding our funds or co-investment opportunities contact Simon Cook.

In 2012, we launched our first angel EIS co-investment fund to enable founders, tech executives and HNW’s to invest alongside us to help build bigger networks for our portfolio companies. Through our angel EIS co-investment funds, we have successfully deployed capital on behalf of over a hundred personal investors into some of Europe’s fastest growing companies alongside our leading institutional investors. For more information contact Richard Marsh.

Draper Esprit has also been the most active secondary tech investor in Europe having acquired ten VC portfolios to date as well as direct stakes into later stage companies. Our total capital commitments for secondary transactions is over $400m and if you’d like to speak about a secondary opportunity please contact Olav Ostin.

DRAPER ESPRIT FACTS

 
 

Funds raised to date

$1 BN

Investing currently from fund

3

Size of current active funds (primary & secondary)

$300 M
 
 

No. of investments made since foundation

+

No. of countries with a Draper Esprit portfolio company

22

Exits since 2010

$3.5 BN

NEWS FEED
See all our newsworthy stories

 

Travelport Acquires Mobile Travel Technologies Ltd (MTT)

Posted by Paula Darlison, 07 Jul 2015

Latest investment made to spearhead Travelport’s mobile growth strategy

Langley, UK: July 7, 2015: Travelport Worldwide Limited (NYSE: TVPT), a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the global travel and tourism industry, has acquired Mobile Travel Technologies Ltd (MTT), a private company based in Dublin, Ireland.

MTT provides an industry-leading mobile travel platform and product set that allows airlines, hotels, corporate travel management companies and travel agencies to engage with their customers through sophisticated, tailored mobile services including apps, mobile web and intelligent mobile messaging. MTT’s mobile apps and services are then delivered, under the customer brand, to smartphones, tablets and wearable devices, including the Apple Watch.

Its clients include some of travel’s most progressive companies such as easyJet, Singapore Airlines, Saudia, BCD Travel, Capita Travel and Events and the LATAM Airlines Group.

MTT works with its clients to create mobile applications and intelligent mobile services that deliver a highly customer-centric experience. With its mobile travel platform and product set, it can enable travel companies to quickly launch high-end, engaging mobile services in a cost effective manner. Services include mobile search, booking and check-in as well as products such as MTT Engage, which provides real-time, personalized messages and offers to the traveler, and MTT Concierge Live, which delivers a “day of travel” experience via a traveler’s mobile device including live, contextual travel updates and airport guidance. As well as receiving many industry accolades, MTT was recently featured in Gartner’s “Cool Vendors in Travel and Hospitality, 2015”¹ report.

Numerous recent industry research studies into the mobile commerce sector, indicate that the sector is positioned for further rapid growth. In 2014, mobile commerce accounted for around one third of all e-commerce transactions globally (source: Criteo); air ticket transactions are predicted to grow from just under 200 million in 2014 to over 540 million by 2018, with transaction value increasing from US$52 billion to US$145 billion for the same period (source: Juniper). Similarly, in the US alone, the transaction value of hotel bookings made using mobile devices is expected to grow from US$2.7 billion in 2014 to US$5.4 billion in 2016, reflecting a growth rate of more than 100% in just two years (source: Juniper).

Gordon Wilson, Travelport’s President and CEO, commented:

“It is a natural extension of Travelport’s strategy of redefining travel commerce to have acquired, what we believe to be, the largest and most successful company focused on delivering sophisticated mobile services and apps to the travel industry. Adding MTT as an expanded capability to our existing travel commerce platform extends our reach further, and at the higher value add end of the service spectrum for our airline, hotel, travel management company and travel agency clients.

At the same time, MTT will benefit from the network effect of Travelport in terms of infrastructure, our relationships with additional prospective clients and access to our industry leading content.

We will run MTT as a wholly owned subsidiary of Travelport, retaining existing CEO, Gerry Samuels, along with his senior team, so that they can maintain their singular focus on the mobile sector and the deep seated customer relationships they build.”

Gerry Samuels, MTT’s CEO, added:

“Becoming part of the Travelport family will enable MTT to accelerate what we are already doing in the travel industry – bringing cutting edge mobile innovations to airlines and travel intermediaries so that they can better serve the end traveller with innovative and personalised mobile services that transform the travel experience.

MTT has experienced very significant growth as the market and demand for mobile travel has expanded and there is enormous potential to grow further. Now with the support of a global industry leader such as Travelport, we will be even better placed to capitalise and expand into the considerable opportunities we see ahead of us.”

Travelport’s acquisition of MTT follows other recent investments it has made as part of its ongoing strategy to redefine travel commerce, with a particular emphasis on the fast growing digital economy. These investments include Travel IT, a next generation German tour operator distribution system; Hotelzon, a hotel distribution company focused on enabling independent hotels to take part in the online corporate travel economy and Locomote, an Australian based corporate travel applications development company. Travelport has also invested in, and expanded, eNett, a pioneering B2B electronic payments company which now operates in 47 countries around the world and continues to grow rapidly.

Travelport has also invested organically to enable both low cost and network carriers to display and sell their full range of products and offers through its Travel Commerce Platform on a unique and fully integrated basis, and to offer an industry leading portfolio of individual hotel properties (650,000) that are fully bookable in real time.

The acquisition was funded from Travelport’s cash resources. Travelport expects the acquisition to be neutral for its financial performance in 2015 and accretive in future years.

In connection with the transaction, Travelport issued grants totalling €14,400,000 to 28 MTT executives, to be paid in the first quarter of 2018 in Travelport common shares based on MTT performance targets and other terms and conditions. Based on yesterday’s closing price of Travelport common shares and foreign exchange rate, assuming all of the awards are earned and paid, Travelport would deliver approximately 1,152,086 common shares to MTT executives in 2018. The ultimate number of Travelport common shares that are delivered to MTT executives will, however, be based upon the closing price and foreign exchange rate at the time of such conversion in 2018, as well as MTT performance and the other terms and conditions set forth in the awards.

~ENDS~

Notes to editors:

For media enquiries, please contact:

Kate Aldridge, VP Corporate Communications

Tel: +44 (0)1753 288720

Mob: +44 (0)7921 698757

Email: kate.aldridge@travelport.com

About Travelport (www.travelport.com)

Travelport is a Travel Commerce Platform providing distribution, technology, payment and other solutions for the $8 trillion global travel and tourism industry.  With a presence in over 170 countries, over 3,400 employees and 2014 net revenue of over $2.1 billion, Travelport is comprised of:

  • A Travel Commerce Platform through which it facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business to business (“B2B”) travel marketplace.  In addition, Travelport has leveraged its domain expertise in the travel industry to design a pioneering B2B payment solution that addresses the needs of travel intermediaries to efficiently and securely settle travel transactions.
  • Technology Services through which it provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions, enabling them to focus on their core business competencies and reduce costs.

Travelport is headquartered in Langley, UK.  The Company is listed on the New York Stock Exchange and trades under the symbol “TVPT”.

About Mobile Travel Technologies Ltd.                 (www.mttnow.com) Mobile Travel Technologies Ltd. (MTT) is the leading mobile travel platform and mobile technology provider for airlines and travel companies with an extensive customer base across the global travel industry. MTT’s Mobile Travel Platform and comprehensive mobile travel product set enables airlines and travel companies to deliver sophisticated mobile services to increasingly mobile centric customers who want to manage entire trips via mobile, from travel research and booking to planning and preparation, to in airport, in-flight and at destination services.

Voted Best Technology Provider at the 2014 Travolution Awards, MTT provides unrivalled travel industry experience, world-class mobile development, creative design and UX expertise. As a pioneer in mobile travel having first launched mobile bookings for airlines in 2006, MTT has remained a first mover in this space and its airline and other travel apps are now used by millions of travellers worldwide every day. MTT clients include Singapore Airlines, LATAM Airlines Group, easyJet, Saudia, BCD Travel, transavia.com of the Air France KLM Group and Flybe.

¹Gartner, Inc., Report: Cool Vendors in Travel and Hospitality, 2015, Venecia K Liu, May 28, 2015

Disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose

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DFJ Esprit announces rebrand to Draper Esprit

Posted by Paula Darlison, 01 Jul 2015

DFJ Esprit announces rebrand to Draper Esprit, with Tim Draper set to invest more in Europe after record start to 2015

  • Draper Esprit companies have raised over $250m in first half of 2015, including growth rounds in Lyst, Trustpilot, Movidius and new investments including Miura, Fluidic Analytics, and CurrencyFair.
  • Tim Draper to work closely with Draper Esprit to become more active in European investments through the Draper Venture Network

LONDON, UK 1st July 2015, 12:01am: One of Silicon Valley’s most famous investors, Tim Draper, is setting his sights on Europe as DFJ Esprit has today announced it is officially rebranding as Draper Esprit along with other members of the global Draper Venture Network, formerly the DFJ Network. This comes as Draper Esprit companies have raised over $250m in first half of 2015, in one of the firm’s most active periods in the 9 years since the venture capital firm was founded.

Draper, the VC who has invested in hundreds of start-ups including Tesla, Baidu and Europe’s own Skype among others, will work closely with the team of nine Esprit partners to find, back and scale the next wave of European unicorns, as the number of European companies reaching a $1bn valuation continues to rise.

“Simon and the Draper Esprit team are one of the most successful VC teams in the Draper Venture Network, outside of the Valley, and the quality and scale of the companies coming out of Europe right now means it’s a very exciting time to be an investor in Europe. I’m looking forward to working closely with the team to back the world’s best entrepreneurs from across Europe,” said Draper.

In recent months Draper Esprit portfolio companies Trustpilot, Lyst, Movidius, Sportpursuit and Horizon Discovery have raised a total of over $230m in new capital to further accelerate their growth and international expansion, supported by the team at Draper Esprit. Trustpilot of Copenhagen is well recognised as the world’s leading source of trusted reviews for internet based businesses. Backed by many leading investors, Lyst is a leading fashion marketplace. In hardware, Dublin based Movidius is one of the most exciting companies in the area of machine vision. In healthcare, Cambridge headquartered AIM listed Horizon Discovery is one of the world’s leaders in personalised medicine.

In addition, Draper Esprit has invested in recent months over $20m in new companies such as Miura, Fluidic Analytics, and CurrencyFair. Oxford based Miura is a leading next generation payment systems company. Fluidic Analytics is a Cambridge-based protein analytics company. Currencyfair, from Dublin, is one of the world’s fastest growing peer-to-peer currency exchange and money transfer businesses.

Draper Esprit founder and CEO Simon Cook said, “For 30 years Tim Draper has expanded the horizons of venture capital and entrepreneurship always focusing on the big ideas and teams that really can change the world.  We are excited to continue to lead that mission in Europe alongside Tim.”

Draper Esprit will continue to operate as the exclusive Draper Venture Network partner for high growth companies originating in Western Europe.

About Draper Esprit

Draper Esprit is one of Europe’s most experienced venture capital investors, helping entrepreneurs build ground-breaking technology companies. In recent years, Draper Esprit’s exits have generated more than $4 billion in combined enterprise value. Portfolio companies include Movidius, Conversocial, Datahug, EVE (sold to Synopsys), Graze, Greenpeak, Horizon Discovery (IPO on AIM), Icera (sold to Nvidia), LOVEFiLM (sold to Amazon), Lyst, Oxford Immunotec (IPO on NASDAQ), SportPursuit, The Cloud (sold to BSkyB), and Zeus (sold to Riverbed).

Draper Esprit is the exclusive Western European member of the Silicon Valley-based Draper Venture Network with historic investments including Baidu, Skype, Tesla, and other leading innovators.

Draper Esprit operates a multi-fund strategy with numerous funding sources for primary, angel and secondary deals, creating unique venture and growth capital options for the fastest growing companies in Europe.

About Draper Venture Network

The Draper family represents 4 generations of VCs in Silicon Valley. The Draper brand is premier in the world of venture capital. Tim Draper founded Draper Associates in 1985, which led to funds branded Draper Fisher Jurvetson (DFJ), and led the development of a network of US affiliate funds in the 90s, and the expansion globally in 2000 finding companies such as Baidu and Skype. A number of successful regional VCs have joined the network over the last 15 years. In 2013, Tim Draper expanded his venture capital reach with Draper Associates, and also started Draper University, a school for entrepreneurs, and focused on expanding and helping drive the global venture network.

As part of this evolution the now global network is branding as the “Draper Venture Network.” The Draper Venture Network now represents funds in China, Singapore, Japan, Korea and Western Europe as well as several partner funds across the US. Several new VC members will be announced in the coming months.

Draper Associates is based in Silicon Valley and represents the hub of the network. Draper Associates manages family money as well as various funds that are managed under the Draper Associates brand. Tim Draper has ongoing management committee responsibilities with DFJ, but his primary investment vehicle is now Draper Associates. The Draper Network team are based with Draper Associates at Hero City in San Mateo.

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We support creative European founders in turning their products into global companies

STAGES OF FUNDING
Our strategy is to invest in companies that create new markets or disrupt old ones

We invest in every stage of building disruptive technology companies. This includes getting in early with seed and Series A deals, all the way up to growth opportunities. We also have the capabilities to invest into secondary transactions in later stage companies as well as buying entire funds from other tech investors. Check out our current portfolio to see the stage and sectors that we are most active in.

 
 

Consumer & Commerce

Achica

Consumer & Commerce Sector
Private buying club for luxury lifestyle products
Connect to company:
www.achica.com

Systems & Semiconductors

Aveillant

Systems & Semiconductors Sector
3D holographic radar and radater data services
Lead Partner: Alan Duncan
Connect to company:
aveillant.com

Mobile

Bitbar

Mobile Sector
Automated mobile software build and testing solutions
Connect to company:
testdroid.com

Enterprise & Data

Bright Computing

Enterprise & Data Sector
The leading provider of cluster management software
Connect to company:
www.brightcomputing.com

Enterprise & Data

Campanja

Enterprise & Data Sector
Real-time and high-frequency bid management software
Connect to company:
campanja.com

Enterprise & Data

Conversocial

Enterprise & Data Sector
Cloud-based enterprise social customer service
Connect to company:
conversocial.com

Enterprise & Data

Crate

Enterprise & Data Sector
Open source data store
Connect to company:
crate.io

Enterprise & Data

Datahug

Enterprise & Data Sector
Relationshiop intelligence software
Lead Partner: Brian Caulfield
Connect to company:
datahug.com

Systems & Semiconductors

Displaydata

Systems & Semiconductors Sector
FKA as ZBD. Designs and manufactures low power LCD displays
Lead Partner: Richard Marsh
Connect to company:
www.displaydata.com

Consumer & Commerce

Graze

Consumer & Commerce Sector
Nutritionally balanaced snack subscription service
Lead Partner: Simon Cook
Connect to company:
graze.com

Consumer & Commerce

Lyst

Consumer & Commerce Sector
Personalized fashion marketplace
Connect to company:
www.lyst.com/

Systems & Semiconductors

Movidius

Systems & Semiconductors Sector
Vision processor technology for mobile and portable devices
Lead Partner: Brian Caulfield
Connect to company:
www.movidius.com

Mobile

MTT – Mobile Travel Technologies

Mobile Sector
Mobile commerce platform for the global travel industry
Lead Partner: Brian Caulfield
Connect to company:
mttnow.com

Systems & Semiconductors

Netronome

Systems & Semiconductors Sector
Highly programmable semiconductor products for intelligent flow processing in network and comms devices.
Connect to company:
www.netronome.com

Health & Wellbeing

Oxford Immunotec

Health & Wellbeing Sector
IPO on NASDAQ in 2013
Connect to company:
oxfordimmunotec.com

Systems & Semiconductors

Phyworks

Systems & Semiconductors Sector
Acquired by Maxim Integrated Products
Connect to company:
www.maximintegrated.com

Enterprise & Data

RadiumOne

Enterprise & Data Sector
Online ad network
Connect to company:
radiumone.com

Enterprise & Data

RhodeCode

Enterprise & Data Sector
RhodeCode has created RhodeCode Enterprise which is an enterprise-grade source code management and collaboration solution that supports Git and Mercurial repository systems. It helps bridge the gap between the requirements enterprises have and the flexibility and ease of use that developers increasingly expect.
Connect to company:
rhodecode.com

Consumer & Commerce

SportsPursuit

Consumer & Commerce Sector
Ecommerce sports website
Connect to company:
www.sportpursuit.com

Consumer & Commerce

Tails.com

Consumer & Commerce Sector
Dog food tailor-made for your pet
Lead Partner: Simon Cook
Connect to company:
tails.com

Mobile

Taptu/Mediafed

Mobile Sector
Mobile social and media tech company
Connect to company:
www.taptu.com

Enterprise & Data

Trustpilot

Enterprise & Data Sector
World's largest consumer reviews platform
Connect to company:
trustpilot.com

Systems & Semiconductors

XMOS

Systems & Semiconductors Sector
Programmable chips bringing together the capabilities of processors, DSPs, ASICs and FPGAs
Lead Partner: Alan Duncan
Connect to company:
www.xmos.com

Draper Venture Network

 

The Draper Venture Network is a self-governed organization of 16 independent venture funds operating on four continents that cooperate on market intelligence, corporate relationships, investment diligence and co-investments. The Draper Venture Network started in 1990. All members raise their own capital and manage their investment decisions independently.
Read more here...

 

OUR TEAM | Investing Partners

 
 
Simon Cook

Simon Cook

Partner

Simon is the CEO of Draper Esprit and has been involved with the European VC industry since 1995. He co-founded Draper Esprit in 2005 and has been involved with a number of Europe’s most successful startups including Lovefilm (Amazon), Cambridge Silicon Radio (IPO), Virata (IPO), nCipher (IPO) and KVS (Symantec). Previously Simon was a partner with Elderstreet Investements and a Director at 3i. He was a computer games developer early in his career and is a graduate of the University of Manchester Institute of Science and Technology (UMIST).

Portfolio Companies

Current: Graze

Stuart Chapman

Stuart Chapman

Partner

Prior to co-founding Draper Esprit in 2005 Stuart was a partner of 3i Ventures where he was also a founding partner of their Menlo Park office.  Over his 13 years at 3i he was responsible for investments in Neutec Pharma (LSE), Network Technology (LSE), The Cloud, Searchspace and Magic 4.  Stuart served as a member of the BVCA Council and Chairman of the Venture Committee and before 3i he was involved in software and systems implementations in the Banking sector.

He is a graduate of Loughborough University and serves as a Board Member of the Loughborough School of Business and Economics.

Portfolio Companies Current: StrikeAd, Kiadis, Pulmagen, M-files, Metalysis, and Doutissima.

Portfolio Companies

Current: ClearSwift, RoadAngel, StrikeAd, Kiadis, M-files, Doutissima

Brian Caulfield

Brian Caulfield

Partner

Brian is a serial entrepreneur turned VC. He previously founded software companies Exceptis Technologies which was acquired by Trintech Group and Similarity Systems that was acquired by Informatica. Prior to joining Draper Esprit, Brian was a partner at Trinity Venture Capital where he sat on the boards of or led investments in AePONA (Intel), ChangingWorlds (Amdocs), CR2, SteelTrace (Compuware) and APT (CSR). Brian currently sits on the boards of Clavis Technology and the Irish Times in addition to his Draper Esprit portfolio companies. Brian is a Computer Engineering graduate of Trinity College Dublin.

Portfolio Companies

Current: Datahug, Mobile Travel Technologies, Getbulb, Movidius

David Cummings

David Cummings

Partner

David is a venture partner responsible for the EIS co-investment funds at Draper Esprit. He is also an active angel investor in technology companies and a member of Cambridge Angels.  His current portfolio consists of over 20 companies including Truphone, Grapeshot, LoopMe, Ionscope, Centrix, Wazoku, Unbound and Arachnys. Prior to Draper Esprit, David worked at Lazard where he was the Managing Director running the TMT group in London. He was also at KPMG and IMI. David is a graduate of Trinity Hall, Cambridge and LBS.

Portfolio Companies

Current: Unbound

Vishal Gulati

Vishal Gulati

Partner

Dr. Vishal Gulati is one of the Europe’s leading digital healthcare investors. Vishal is a qualified physician and chairman of the Digital Health Forum. Over the last decade he has championed deals across areas including diagnostics, devices & biotech. He is currently on the boards of Horizon Discovery PLC  and EcoEos. His investments include Napo Pharmaceuticals, Glenmark, Renovo, Phagenesis. He has also held board positions at Psynova Neurotech, Bioscale and Enigma Diagnostics. Previously, Vishal worked at Atlas Venture, The Wellcome Trust and Radiant Capital.

Portfolio Companies

Current: Horizon Discovery

Richard Marsh

Richard Marsh

Partner

Richard is an experienced software entrepreneur turned venture capitalist. He founded and built Datanomic, a Cambridge-based software company which was a pioneer of Data Quality software and was acquired by Oracle. Richard is responsible for Draper Esprit’s investments in Connectivity (KCOM), Garlik (Experian), GreenPeak Technologies, Polatis, Psytechnics (NetScout) and ZBD Solutions. Richard is an Engineering graduate of Cambridge University where he also received his PhD. Richard holds an MBA from IMD, Lausanne, where he was a Sainsbury Management Fellow.

Portfolio Companies

Current: Connectivity, GreenPeak, Polatis, Psytechnics, DisplayData, Conversocial

Olav-Ostin

Olav Ostin

Partner

Olav is a Managing Partner of the Draper Esprit secondary practice and has been involved with the venture capital industry for the past 15 years.  In 2006, Olav co-founded Tempo Capital which joined the Draper Venture Network in 2012 to form Draper Esprit Secondaries.  Between 2000 and 2004, Olav was a Managing Director of the venture capital firm ETF Group and previously spent 6 years in investment banking at Enskilda Securities

Portfolio Companies

Current: Airweb, Awox, Boku, Miura Systems, OneAccess, Rockmobile

Jonathan Sibilia

Jonathan Sibilia

Partner

Jonathan joined Draper Esprit in 2009. Prior to joining Draper Esprit he was a senior associate in the technology group at Jefferies International advising on high-profile cross-border M&A, debt & equity offerings. Previously he worked at Rothschild & CIE in Paris. He also worked at Apax Partners Corporate Finance in France. Jonathan holds a MA in Management from EM-Lyon and the University of St Gallen in Switzerland and a MA in Advanced Corporate Finance from the University of Paris IX Dauphine.

Portfolio Companies

Current: Mobile Commerce, Qosmos

David Tate

David Tate

Partner

David is a Managing Partner in the secondary practice, which acquires portfolios of venture assets and single line investments. He has been involved in the secondary market since 2003, when he co-founded Tempo Capital, which merged with Draper Esprit in 2012, and in primary investing since 1998, and prior to this was in investment banking. He is a Chartered Accountant and was educated at Jesus College, Oxford, University College in London, and has completed the AMP at Insead.

Portfolio Companies

Current: CAST, Cerillion, MPLSystems, Trace One

OUR TEAM | Venture Partners and Advisers

 
 
Tim Draper Headshot 720x396

Tim Draper

Venture Partner

Tim Draper founded Draper Associates in July, 1985, which when joined by John Fisher and Steve Jurvetson became the venture capital firm Draper Fisher Jurvetson (now DFJ). Investments include Skype, Hotmail, Tesla, Baidu, Theranos, and Overture, among many others. With Draper Associates, investments include Twitch.TV, YeePay, Indiegogo, Docusign, Parametric Technology and AngelList. He is the creator of viral marketing, a marketing method for spreading a software application from customer to customer, instrumental to the successes of Hotmail and Skype among hundreds of others including Gmail and Yahoo!mail. He founded the DFJ/Draper Network, a global network of venture funds who work together to improve service to entrepreneurs, covering 30 cities around the world. He has been listed as #46 of the most outstanding Harvard alumni, #7 on the Forbes Midas List, #1 Most Networked Venture Capitalist by Always On, and #98 on the 2014 Worth Magazine 100 Most Powerful People in Finance. He has won numerous awards and honors and is regularly featured in the press as a leading supporter of entrepreneurship.

Education and Spreading Entrepreneurship:

Tim Draper received a Bachelor of Science from Stanford University with a major in electrical engineering and a Master of Business Administration from the Harvard Business School.

He served on the California State Board of Education in 1998-1999, and led a movement for Local Choice in schools culminating in becoming proponent for a statewide initiative for School Vouchers in November, 2000. He currently leads an initiative to create six new states in California (SixCalifornias) to encourage competition and choice in government.

In 1994, he created a non-profit for young children to learn about business and entrepreneurship called BizWorld, a 501c3. In 2011, he created Draper University of Heroes, a residential and online school based in San Mateo, Ca to help extraordinary people accomplish their life missions.

Alan Duncan

Alan Duncan

Venture Partner

Alan has been in the venture capital industry for more than twenty years, initially through establishing a corporate venturing fund for Ferranti and then with Foreign & Colonial Ventures, Newmarket Venture Capital and Prelude Ventures. He joined Draper Esprit when it was formed in 2006.

Alan is responsible for a portfolio of Draper Esprit’s electronics investments including Phyworks, Lime Microsystems, SiConnect, XMOS and DisplayLink. His previous investments have included Alphamosaic (sold to Broadcom) and nCipher (IPO on LSE).

Alan has an electronic engineering background and gained his industrial experience in computer systems with Ferranti plc.

Alan is a past member of the European Venture Capital Association High Tech Committee and lecturer on the EVCA’s venture capital professional training courses.

Portfolio Companies

Current: Aveillant, Displaylink, Lime Microsystems, XMOS

team_mikko

Mikko Suonenlahti

Venture Partner

Mikko currently resides in Helsinki and is a venture partner with Draper Esprit. Mikko has over 30 years of experience in building businesses of which 20 of those years were as a venture capitalist in the US and Europe and 10 years of operations. He has personally led investments into Carbonite (CARB), Iobox (TEF), Pedestal Software (ATRS / SYMC), Sample Rate Systems (FLEX) SiGe Semiconductor (SWKS) and Tedasys (TLSYN) amongst others.

Portfolio Companies

Current: M-Files

team_sven

Sven Lung

Venture Partner

Sven is a venture partner at Draper Esprit based in Paris. Sven founded the leading European ecommerce site BrandAlley.com in 2005 where he led as CEO until 2012 where he built the company up to a €150m in revenues. In 2014, Sven launched Doutissima, an online health and beautfy platform with offices in France and Brazil with backing from Draper Esprit and Telefonica.

OUR TEAM | Operations

 
 
Paula-Darlison

Paula Darlison

Group Administration Manager

Paula is the Group Administration Manager and has been with Draper Esprit since its inception, having worked alongside the founding team since 2000.  Prior to Draper Esprit she has worked as an executive assistant at Cazenove, JP Morgan, Merrill Lynch and Morgan Stanley throughout more than 25 years within the City of London.

Stephanie Teubler

Stephanie Edwards

Team PA

Steph is based in the London office of Draper Esprit and supports the investment team as an assistant where she administers deal-flow. Steph has experience working at other investment firms in London as a team PA and was most recently at Amadeus. Steph has an MA in Translation from London Metropolitan University & a BA in English from Oxford Brookes.

Graham Redman

Graham Redman

CFO

Graham joined the Esprit team in 2006 and is responsible for the financial and IT systems of the firm.  He qualified as a Chartered Accountant with PricewaterhouseCoopers working in London, Norwich and Raleigh, primarily with SMEs before moving into industry.  After leaving PwC Graham became the Senior Accounting Manager for INC Research, a US Research Triangle based CRO before taking a Controllership position at Unitive Electronics, a venture-backed semi-conductor packaging company based in the US. Graham holds an MA in Natural Sciences from Cambridge University where he studied at Sidney Sussex College.

Annabelle

Annabelle de Saint-Quentin

CFO of Secondaries

Annabelle has been the Chief Financial Officer of Draper Esprit Secondaries, formerly known as Tempo Capital Partners since its creation in 2006. Previously she was the finance directo of London-based venture capital firm Zouk for six years. Prior to Zouk, Annabelle worked for PricewaterhouseCoopers for five years in New York, Miami and in Paris where she trained as a Chartered Accountant. Annabelle graduated from ESCP-Europe.

Daniel Pearce

Daniel Pearce

Accountant

Daniel has been the Accountant of Draper Esprit since joining the firm in 2007 working directly with the CFO on the firm’s financial reporting and back office duties. Previously he spent time working as a management accountant in both the petroleum and manufacturing industries with a couple of years working in practice. Daniel is a qualified accounting technician with 11 year’s experience behind him. In his spare time Daniel coaches football to children as a FA qualified coach.

CONTACT US

London Dublin Cambridge

 
 
 
 

London | HQ
14 Buckingham Gate,
London, SW1E 6LB
Tel: +44 20 7931 8800
Fax: +44 20 7931 8866

Dublin
5th Floor
O'Connell Bridge House (OCBH)
D'Olier Street
Dublin 2
Ireland
Tel: +353 1 645 2324

Cambridge | HQ
Draper Esprit LLP,
Building 1010,
Cambourne Business Park,
Cambourne,
Cambridge, CB23 6DP
Tel: +44 1223 307 770
Fax: +44 1223 307 771

 
 
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