Errol Damelin

Errol Damelin is the founder and managing partner of Dust Road Ventures. See portfolio, sector focus and contact routes.

About Errol Damelin

Errol Damelin is the founder and managing partner of Dust Road Ventures, a seed-stage investment firm deploying permanent private capital, and he previously served as CEO of the fintech company Wonga from 2007 to 2013[3][5]. His investment thesis targets early-stage opportunities in fintech, AI, health-tech, enterprise software, proptech, and SaaS, with a primary geographic focus on London and Europe[3][6]. Damelin typically writes first or second cheques, having made over 75 seed-stage investments since 2011 almost exclusively as an early backer rather than a follow-on investor[3]. Notable portfolio companies include Wise (formerly TransferWise), Purplebricks, Cazoo, and HiBob, with exits from Wise and Cazoo generating him a combined £11.6m return[2][3][11]. He is widely described as “the messiah of London’s fintech scene” and emphasizes investing only in innovations that are genuinely new or presented in a novel form[2][10]. Damelin also advocates for identifying market negatives as investment opportunities and stresses scalability through delegating to trusted teams[10].

Errol Damelin at a glance

Location
London, England, United Kingdom
Investor type
Individual/Angel
Focus areas
General
Portfolio companies listed
34
Investments recorded
36

Frequently asked about Errol Damelin

What does Errol Damelin invest in?
Errol Damelin (London, England, United Kingdom) — sector focus: General.
How do I contact Errol Damelin?
Errol Damelin's published profile links (website, LinkedIn or X where available) are listed on the StartupFundraising.com investor profile.
Where is Errol Damelin based?
Errol Damelin is based in London, England, United Kingdom.

Details on this investor come from filing and round data held in the StartupFundraising directory, refreshed on ingest. Founders use profiles like this one to qualify fit and to shortlist investors in London.

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