# Michael Pennington

> Michael Pennington is a seed investor in London backing Software, SaaS and Financial Services. See 37 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Location: London, United Kingdom
- Total investments: 37
- Last investment: Sep 2023
- Lead investor: 3%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/michael-pennington-35b2a71
- X (Twitter): https://twitter.com/PenningtonM
- Website: https://x.com/PenningtonM

Michael Pennington is a seed investor in London focused on Software and SaaS. One of the UK's leading tech angel investors. Active seed and pre-seed stage angel investor in UK based disruptive tech. Prefers businesses venturing into pastures new and keen investing at the pre product stage whether BtoC or B2B. Twice exited UK based tech entrepreneur with experience operating tech businesses in 20 countries in multiplelanguages. Co-founded Gumtree with Simon Crookall which was acquired by Ebay and Slando acquired by Naspers.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $750k–$3.1M |
| Pre-Seed | $701k–$2.1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 9 | 24% |
| SaaS | 7 | 19% |
| Financial Services | 7 | 19% |
| Information Technology | 7 | 19% |
| FinTech | 6 | 16% |

63 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 15 | 41% |
| Pre-Seed | 15 | 41% |
| Venture - Series Unknown | 2 | 5% |
| Series A | 1 | 3% |
| Funding Round | 1 | 3% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 21 | 57% |
| United States | 3 | 8% |
| Spain | 1 | 3% |
| France | 1 | 3% |
| Denmark | 1 | 3% |

9 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Hubflo | Hubflo is building an all-in-one work OS to help small businesses manage their business. Instead of having 10 complicated and expensive pieces of software, Hubflo offers SMB everything they need to run their business (CRM, projects, invoicing, expenses...) in a single comprehensive, simple and affordable platform. | $2.2M | Seed | Sep 08, 2023 |  |
| Sidekick | Sidekick is a wealth management firm that offers access to alternative investments as well as the ability to borrow against these portfolios. Sidekick provides an innovative suite of products, including stocks and cryptocurrency, as well as a funding line for customers to borrow against their portfolios when necessary. Customers will have access tothe Sidekick investment team, which will provide regular updates on portfolio performance as well as share editorial content to help customers build their investment knowledge as they progress. | $3.9M | Pre-Seed | Oct 27, 2022 |  |
| FUEL | FUEL platform enable creators to launch, manage, and grow their NFT collection using a broad range of tools. |  | Venture - Series Unknown | May 12, 2022 |  |
| Lizza | Finnu is a financial services technology company based out of Barcelona, Spain, giving its users access to affordable asset-backed consumer loans via its mobile app.Finnu leverages machine learning and alternative phone usage data points, as well as mobile device management (MDM) technology to deliver credit to those, who are usually overlookedby other lenders. With Finnu, users can not only fully digitally apply and receive loans via their phones, but use their phones as collaterals to significantly reduce interest rates. Finnu is backed and supported by top-tier venture capital funds from Europe and Latin America. |  | Pre-Seed | Apr 01, 2022 |  |
| FUEL | FUEL platform enable creators to launch, manage, and grow their NFT collection using a broad range of tools. | $1.7M | Pre-Seed | Mar 29, 2022 |  |
| Konfir | Konfir is a B2B SaaS platform that provides instant employment and income verifications for UK-based workers. | $2.1M | Pre-Seed | Mar 15, 2022 |  |
| Klump | Klump offers flexible payment plans that give users the opportunity to purchase a desired product or service. | $780K | Pre-Seed | Mar 09, 2022 |  |
| Kolleno | The Kolleno platform helps small, medium and enterprise level businesses in various industries to accelerate and track payments, whilst driving a better customer experience.Kolleno is a unified AR Management Platform that streamlines your credit control, getting you paid faster and more consistently. Kolleno connects with your business softwarein a single click and simplifies all your cash-collection processes. Our AI-based technology allows you to prioritise your workflow, automate manual chasing, sequence personalised payment reminders through multiple communication channels, and reconcile payments with ease. We rethink the process and prioritise customer satisfaction to ensure cash conversions. | $5.2M | Seed | Mar 08, 2022 |  |
| Klasha | Klasha is a global technology company, building a platform and APIs to move money to and from emerging markets frictionlessly. With Klasha, businesses can collect, send money and hold exotic and hard currencies through our extensive API stack. Enterprise businesses use our rails and infrastructure to power their cross-border payments. Founded in2021 by Jess Anuna, Klasha collects and sends over 120 currencies, saving merchants time and money. | $2.4M | Seed | Oct 06, 2021 |  |
| Hometree | Hometree is a home energy services company, is dedicated to expediting the journey towards achieving net zero emissions. Through the provision of installation, repair, and financing solutions for home energy hardware, we empower homeowners to make the transition to low-carbon living at their own pace.Hometree offers comprehensive home emergencyinsurance and maintenance cover, plus energy-efficient heating installations along with affordable financing plans. Hometree helps homeowners across the full lifecycle of sustainable home improvements - from the point of hardware installation, to how the projects get financed, to in-life repair and maintenance. | $15.7M |  | Jul 01, 2021 |  |

10 of 37 investments shown.

## Co-investors
- [Seedcamp](https://shizune.co/investors/profile/seedcamp) — VC Fund, 13 deals together
- [LocalGlobe](https://shizune.co/investors/profile/localglobe) — VC Fund, 4 deals together
- [Anthemis](https://shizune.co/investors/profile/anthemis-group) — VC Fund, 3 deals together
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund, 3 deals together
- [FinTech Collective](https://shizune.co/investors/profile/fintech-collective) — VC Fund, 2 deals together
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund, 2 deals together

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## FAQ

### What does Michael Pennington invest in?

Michael Pennington invests primarily in Software, SaaS and Financial Services startups, most often at Seed and Pre-Seed stage. Most of the 37 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Michael Pennington's check size?

Michael Pennington typically joins rounds of $750k–$3.1M at Seed and $701k–$2.1M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Michael Pennington participates in.

### When did Michael Pennington last invest?

The most recent investment recorded for Michael Pennington closed in Sep 2023. Shizune tracks 37 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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