Passion Capital is a venture capital firm based in London, specialising in digital media, software, and e-commerce. Since 2011, it has aimed to support ambitious entrepreneurs, particularly those in early-stage technology ventures with a global outlook. With 75% of its investments occurring in the UK, the firm is committed to fostering an ecosystem of technology and executional excellence across Europe.

Founded by Eileen Burbidge and Robert Dighero, with early involvement from Stefan Glaenzer, Passion Capital has been instrumental in the growth of major UK scaleups, including GoCardless, Adzuna, and Monzo. Their hands-on approach combines financial backing with mentoring, guiding businesses from seed stage through rapid growth.Their portfolio boasts 18 exits, including notable scaleups such as Pusher, Zesty, and Limejump.

Scaling businesses among its portfolio include Monzo, the UK-based digital bank, which in 2024 expanded its customer base to 11 million and is now valued at over $5 billion; and PolyAI, which specialising in AI-powered voice assistants for customer service, is expanding rapidly across the U.S. and Europe.

In the period between January 2017 to June 2024, the average turnover of companies in its portfolio was £113m and the estimated average number of employees was 176.

Beyond financial investment, Passion Capital plays an active role in mentoring scaleups, helping them navigate challenges, build strong operational foundations, and prepare for further growth. Their involvement extends to guiding scaleups through acquisitions and preparing them for exits, such as mergers or IPOs.

“The Passion Capital team has a track record of early-stage investment in UK technology companies. They have a valuable mix of financial and operational skills and a genuine enthusiasm for building strong companies, and we are very pleased to be able to back their second fund. This is a great example of how the British Business Bank can work through its partner organisations to fill gaps in the funding market and provide real help to the UK’s smaller businesses.”​ – Ken Cooper, Managing Director of Venture Capital Solutions at British Business Bank

Passion Capital website