Scaleup programmes
Back to programmesProgramme
Wealth Club
Finance and Risk Capital
Impact for scaleups
70
UK companies backed
60%
follow on investments
51%
outside London
51
growth stage investments
Key sectors
Launched in 2016 by former Hargreaves Lansdown executives, Wealth Club is an angel network designed to support high-net-worth individuals in making strategic investments. With a focus on early-stage ventures, the programme facilitates access to both single company and portfolio-based investments, including Growth Capital, Management Buyouts, and debt financing. Members benefit from a diverse range of pre-vetted deals, typically around 25 to 30 annually, and have the opportunity to co-invest alongside venture capital firms and corporate finance entities.
In the period between 2018 to June 2025, Wealth Club participated in 176 fundraising rounds in 70 UK companies. The average turnover of those companies was £15.8m and their average number of employees was 45.
In 2025 investments in companies by Wealth Club include Altered Carbon a firm that develops scent technology wherein £79.4k was invested along with Real Status a data software firm wherein £74.3k was invested.
The Wealth Club also has a long history of investing in scaleups. This year, they invested in Beauhurst, a UK business data intelligence scaleup. Last year, they also invested in TravelNest, a firm that operates a website that displays travel accommodation options.
Beyond financial investment, Wealth Club provides invaluable resources to its portfolio companies. This includes access to a wealth of free materials—such as guides, articles, and videos—alongside the opportunity for board-level support and connections to experienced non-executive directors.. Such resources are instrumental in fostering sustainable growth and navigating the complexities of scaling businesses.
Wealth Club spent 2025 heavily focused on promoting tax-efficient investment strategies—specifically Venture Capital Trusts (VCTs), Enterprise Investment Schemes (EIS), and Seed Enterprise Investment Schemes (SEIS)—in anticipation of potential tax rises following the Autumn Budget. The platform actively marketed numerous VCT and EIS funds throughout the year, with popular VCT offers from managers like Albion, Northern, and British Smaller Companies VCTs frequently opening for investment. Notably, the British Smaller Companies VCTs, popular with Wealth Club investors, achieved a profitable exit of portfolio company Elucidat, which delivered returns of 1.3x. In terms of direct investments, Wealth Club successfully raised £1.4 million for the luxury retailer Rise & Fall as part of a £4 million EIS funding round in June 2025. The firm also reported that a significant portion of its high-net-worth clients were drawing tax-free pension cash or selling profitable assets to shield wealth from expected tax changes.
