We are raising £150k-£250k pre-seed to fund Stratlio through to its first paying customers and seed-readiness. We are targeting £1.5M–2.5M at the seed round, which we expect to initiate at £225–250k NET ARR with 25-30 paying customers.
TWO INVESTMENT ROUTES
ROUTE 1:
Advance Subscription Agreement (ASA)
For UK-based angels seeking SEIS relief
How it works
You invest now. Shares are issued at the next priced round. SEIS income tax relief of 50% is claimed in the tax year you invest – before shares are formally issued.
The numbers
£50,000 invested
− £25,000 tax relief (50% SEIS)
= £25,000 net cost
In addition to 50% income tax relief, SEIS investors benefit from two CGT advantages: gains on the SEIS shares themselves are exempt from CGT after a three-year holding period (provided income tax relief was claimed and not withdrawn); and up to 50% of gains realised from other asset disposals in the same tax year can be sheltered from CGT by reinvesting into qualifying SEIS shares.
⚠️ Subject to HMRC advance assurance confirmation.
ROUTE 2:
Convertible Loan Note (CLN)
For non-UK investors or those outside SEIS
How it works
You advance a loan that converts to equity at the next qualifying round (£250k+ raise). You receive a 20% discount on the seed round price, protected by a £2M valuation cap.
Key terms
Valuation cap: £2,000,000
Conversion discount: 20%
Interest: 2% p.a. (converts to equity)
Maturity: 24 months
We're looking for 2–4 investors. B2B SaaS operators, enterprise software founders, or investors with public sector or professional services experience are particularly welcome.