Database/Sable Fintech Ventures
VCF007 · Vintage 2021Open

Sable Fintech Ventures

Sable Capital

Embedded finance, payments infrastructure, and B2B fintech across UK, EU, and select US markets.

Venture CapitalSeries A/B — FintechUKEuropeUSArticle 8
Performance · since vintage

Net TVPI multiple

1.49x
+1.4pp vs benchmark
QuarterNet IRRNet TVPINet DPI
2023 Q16.8%1.39x0.03x
2023 Q28.9%1.33x0.04x
2023 Q311.6%1.32x0.04x
2023 Q416.7%1.30x0.05x
2024 Q122.2%1.38x0.06x
2024 Q213.2%1.39x0.06x
2024 Q312.3%1.39x0.07x
2024 Q419.6%1.49x0.08x

Terms

Target fund size£500m
Current AUM£410m
Min ticket£10m
Max ticket£60m
Target net IRR22–26%
Lock-up10 years
Management fee2.00%
Carry / performance20%
BenchmarkCambridge Associates Fintech VC
ESG / SFDRArticle 8
Liquidity

Closed-ended.

Investment highlights

  • 3 portfolio companies licensed under FCA EMI regime

Top 5 holdings

Largest positions · % of fund · simulated
  • Praxis Logistics10.4%
  • Helix Bio9.0%
  • Parallax Fintech8.8%
  • Lumen AI8.1%
  • Stratos Cloud4.2%