# Doug Richard

> Doug Richard is a seed investor at School for Startups Romania backing Internet and Social Media. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [School for Startups Romania](https://shizune.co/investors/profile/school-for-startups)
- Total investments: 1
- Last investment: Dec 2010
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/douglasrichardsprofile
- X (Twitter): http://twitter.com/DougRichard

Doug Richard is a successful entrepreneur with 20 years’ experience in the development and leadership of technology and software ventures. Doug featured in the first two TV series’ of Dragon’s Den. He is the co-founder of the Cambridge Angels and Chairman of the Conservative Party Small Business Task Force.Between 1996 and 2000 Doug wasPresident and CEO of Micrografx, a publicly quoted US software company. Prior to that he also founded and subsequently sold two other companies: Visual Software and ITAL Computers.Doug holds a BA in Psychology from University of California at Berkeley and is a Juris Doctor at the school of Law, University of California at Los Angeles. In 2009 he received an honorary doctorate from the University of Essex for his contribution to the teaching of Entrepreneurship; and was also the Guest Lecturer on Entrepreneurship at Cambridge University for the Nanotech Masters and PhD programmes. Working with Brightpearl, Doug provides a strong link to the SME community as well as bringing a broad range of international industry experience to the board.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Internet | 1 | 100% |
| Social Media | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Floxx | Floxx is a location based anonymous microblogging social network. The original concept was invented by Floxx's predecessor, the FitFinder. The essence of the platform centres around anonymously posting both a location and description of an attractive person whom one has spotted; this post is then immediately placed on that location feed, whereit can be viewed by anyone who is on viewing that space either on a computer or remotely using a mobile app.The concept of the the original site, FitFinder, was conceived by Rich Martell, a 21-year-old computer science undergraduate studying at University College London (UCL). The website first launched in April 2010. Martell and friends would text each other when they spotted an attractive girl. This concept of informing the world about someone or something in a location planted the idea in his mind to create a website to allow people to do this more easily. In one evening the first version of the site was built. It immediately spread and became instantly viral. In the first few hours the site had over 2,000 users and had to be taken down due to overcapacity. Once the site was back online again, its popularity grew to nearly 20,000 visitors in the first weekend and growing to over 250,000 in four weeks. The initial success was met with huge demand for the expansion of FitFinder to more universities across the UK. | $300K | Seed | Dec 01, 2010 |  |

1 of 1 investments shown.

## About School for Startups Romania

VC Fund



1 contacts available at School for Startups Romania.

| Name | Title | Profile |
| --- | --- | --- |
| Doug Richard | Founder and Chair | https://shizune.co/investors/profile/doug-richard |

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## FAQ

### What does Doug Richard invest in?

Doug Richard invests primarily in Internet and Social Media startups, most often at Seed stage. Most of the 1 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Doug Richard last invest?

The most recent investment recorded for Doug Richard closed in Dec 2010. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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