Participated · Equity · Dec 2025

Bourn has built the Flexible Trade Account (FTA), a modern working-capital product that combines payments, current-account functionality and instant, secured credit for small and medium-sized enterprises. Powered by real-time data feeds and an AI-driven risk engine, the FTA allows businesses to pay suppliers, manage cash flow and fund growth without taking on additional balance-sheet debt. The solution is delivered through integrations with banks such as NatWest and Investec as well as ERP systems, accounting platforms and B2B marketplaces, embedding finance directly into familiar software. Bourn plans to deepen its account functionality, broaden its network of financial-services and platform partners, and bring capital directly into the systems businesses already use. The newly raised capital will also support team expansion. By focusing on embedded finance and data-driven underwriting, the company aims to become a core infrastructure layer for SME working capital.

Participated · Seed · Feb 2025

Serene is a London-based provider of an AI-powered platform developing a consumer vulnerability engine. The platform combines AI with behavioural insights to detect distress early and deliver support to customers. Led by CEO and Founder Savannah Price, Serene provides this service to businesses. The company raised £930K in pre-seed funding to support growth. It intends to use the funds to expand operations and its development efforts.

Participated · Series C · Mar 2021

Pollinate is a global software business that partners with banks to extend relationships with their business customers via a cloud-based toolkit for SMEs. The platform, built with bank-grade privacy and security, ingests data feeds from banks and third-party systems to give merchants a single place to understand, manage and grow their business. It enables banks to offer an SME storefront with access to capital, payment acceptance, digital loyalty schemes, marketing tools and insights. Founded in 2017 and led by CEO Al Lukies CBE, Pollinate works with banks including NatWest Group (powering Tyl by NatWest) and National Australia Bank. The company closed a $50m Series C funding round led by Insight Partners with participation from NatWest, Mastercard, NAB, EFM Asset Management and Motive Partners. Pollinate plans to use the funds for further global expansion and to move into North America. Pollinate is a London-based provider of a cloud-based services platform powering merchant and consumer digital experiences including onboarding, portals and loyalty programs without migrations. The platform enables merchants to manage their businesses with digital tools and data integrations, connect with consumers and give back to local communities. It also helps banks understand and engage with their customers and build relationships with merchants and consumers. The first deployment occurred in Spring 2019 with the launch of the Tyl by NatWest merchant services business, and Pollinate is in advanced discussions with other retail banks worldwide. Available globally through Microsoft Azure, the platform uses Microsoft’s big data and distributed AI platforms, threat intelligence and authentication services. Pollinate has strategic partners and backers including Mastercard, Endava, Motive Partners and EFM, and has raised £60M in funding to date. The business was conceived in 2017 and is led by executives from the payments, technology and loyalty industries including Al Lukies CBE, Jonathan Hughes, Fiona Roach Canning, Tim Joslyn, David Beresford and Anna Moore.