A Summary of First-Time Deal Trends in 2022
Sam Peckett, 07 September 2023
First time deals and SEIS
In 2022 we saw a drop in first-time equity deals compared to the previous year, while there was a small increase in second-round and subsequent deals. This suggests a possible shift in investor behaviour, moving away from new investments to reaffirming existing holdings.
Despite market challenges since 2018 and a drop in number of first time deals and volume of investment, SEIS has had a huge impact on first time deals. Since its introduction in 2013, £1.33b has been invested across 15.5k deals.
Seed-stage top investors
The last few years have been challenging for UK companies, including that at seed-stage. Accepting 2021 as an anomaly, first-time equity deals have dropped steadily since 2018. In 2023 and beyond, changes brought in through SEIS 2.0 should play a pivotal role in the UK’s startup ecosystem through adjustments to fundraising caps, gross asset limits, and annual investment limits.
Take a look at our full report for more analysis and data.
Grow your business.
Get access to unrivalled data on all the companies you need to know about, so you can approach the right leads, at the right time.
Book a demo today to see all of the key features of our platforms, as well as the depth and breadth of data available.
An associate will work with you to build a sophisticated search, returning a dynamic list of organisations that match your ideal customer profile.