About
Focus
Team
Portfolio
Exits
For Founders
What We Bring
Contact
Insights Hub
Growth Capital · Since 1997

Growth Capital for AI & Services Companies

We back the founders who have built without significant institutional support, and partner with them to reach their full potential.

Specialist investors in capital efficient companies.
25+Years Investing
100+Investments Made
50+Exits
€1Bn+Capital Deployed
VIFunds
Europe & USPresence
Our Philosophy

Investing to scale capital efficient companies.

Kennet has been investing in capital efficient Technology, AI & AI Services businesses for over 25 years.

01
Built, not funded.

We back businesses that have achieved real revenue without significant external capital. Proof that the model works and customers genuinely depend on the product.

02
AI as infrastructure.

We are investing in companies embedding AI into the workflows and outcomes that businesses depend on.

03
Partners, not passengers.

We take concentrated positions and commit to active partnership.

Investment Focus

What we look for.

We are sector-specialist investors in AI & AI Services Companies, with deep networks across Europe and US built over more than two decades.

For Founders
Sector
AI & AI Services Companies

AI & AI Services businesses embedding intelligence into critical workflows, from contract intelligence and compliance to field operations and financial automation. We understand the difference between genuine AI leverage and smoke and mirrors.

Capital Profile
Capital Efficient Builders

Bootstrapped or lightly funded, typically less than €15 million raised.

Stage
€3–20 million ARR or Revenue

We invest where there is meaningful proof of market fit. Growth of 30%+ year-on-year or strong Rule of 40 businesses with durable economics.

Geography
Europe & US

London-headquartered with Silicon Valley presence. Deep networks across Europe and the United States, built over more than two decades.

The Team

Investment Team

Investment Team

Hillel Zidel
Hillel Zidel
Managing Partner
London
Michael Elias
Michael Elias
Founder & Managing Partner
London
Alex Taylor-Harris
Alex Taylor-Harris
Director
London
Cillian Hilliard
Cillian Hilliard
Director
London
Capucine Viard
Capucine Viard
Associate
London
Eric Filipek
Eric Filipek
Managing Partner
San Francisco
Javier Rojas
Javier Rojas
Managing Partner
San Francisco
Regina Riojas
Regina Riojas
Associate
San Francisco

Finance & Operations Team

Katie Stirrup
Katie Stirrup
Head of Finance
London
Josh Seal
Josh Seal
Finance Associate
London
Edward Blayney
Edward Blayney
Financial Controller
London
Anila Repaj
Anila Repaj
Operations & Investor Relations Manager
London
Gillian Skendaj
Gillian Skendaj
Executive Assistant
London
Portfolio

Companies we back.

A selection of current and exited investments across Kennet III, IV, V, and VI. Europe and North America.

Current Portfolio
Summize
Contract Lifecycle Management

AI-native CLM platform using large language models to extract, analyse, and action contract data, embedded directly into Teams, Slack, and Salesforce workflows.

uSecure
Human Risk Management

AI-driven human risk management platform that automatically tailors security training, simulates phishing attacks, and scores employee risk in real time for SMBs globally.

Yonda
Tax Compliance

AI-powered platform automating sales tax and VAT compliance across jurisdictions, using machine learning to classify transactions and file returns for e-commerce and SaaS businesses.

Fulcrum
Mobile Data Collection

Low-code mobile data collection platform for field workers, used by 2,500+ customers in 90+ countries across engineering, utilities, telecoms and government.

Nudge
Financial Wellbeing

Financial wellbeing platform combining personalised financial education, behavioural nudges, and AI-powered money coaching to help employees make better financial decisions.

Provar
Test Automation

Test automation and QA platform purpose-built for Salesforce and enterprise application ecosystems.

Reality Mine
Consumer Intelligence

AI-powered passive metering platform delivering deep consumer digital behaviour analytics, media measurement, and audience intelligence.

Filecloud
Enterprise Content Management

Secure enterprise file sync and content management platform, enabling controlled collaboration and data governance across hybrid and on-premise environments.

Fluid Topics
Content Delivery Platform

Technical documentation platform that unifies product content into a searchable knowledge hub for high-tech enterprises.

Codility
Technical Hiring

Technical assessment and interview platform enabling enterprises to evaluate developer skills at scale, with 1,200+ validated coding tasks across 80+ languages.

Scoro
Work Management

End-to-end work management platform for professional services firms, combining project management, resource planning, time tracking, invoicing, and financial reporting.

Redica Systems
Regulatory Intelligence

AI-powered regulatory and quality intelligence platform for life sciences.

Qount
Accounting Practice Management

Cloud-based practice management platform for accounting firms, unifying workflow, client collaboration, billing, and document management.

Softphone
CRM Integration

Genesys Cloud CRM integration platform enabling enterprises to connect their contact centre with leading CRM and business systems.

Screendragon
Workflow Management

Workflow and project management platform for marketing, creative, and professional services teams.

Grip
Event Engagement Platform

AI-powered event networking platform enabling conferences and enterprises to deliver personalised attendee experiences.

experience.com
Customer Experience Management

Customer experience platform helping enterprises capture feedback, manage online reputation, and improve engagement across digital channels.

Jiminny
Conversational Intelligence

AI-powered conversation intelligence platform for sales and customer success teams.

LoyaltyLion
Customer Loyalty

E-commerce loyalty platform enabling brands to drive repeat purchases and retention through personalised rewards.

Onfleet
Delivery Management

Last-mile delivery management platform helping retailers and logistics providers optimise routing, dispatching, and operations.

eStoreMedia
Digital Commerce Analytics

Digital shelf analytics platform helping consumer brands improve visibility and performance across online retail marketplaces.

ABA English
Language Learning

Digital English language learning platform delivering subscription-based education globally.

AcademixDirect
Education Technology

Student recruitment platform helping universities manage digital marketing and acquisition workflows.

Adikteev
Mobile Marketing

Mobile marketing and user retention platform helping app publishers optimise acquisition and re-engagement campaigns.

Spreadshirt
Custom Apparel E-Commerce

Global custom apparel and print-on-demand platform enabling creators and brands to design, produce, and distribute personalised merchandise.

Exited Investments
Prolexic
DDoS Protection

Cloud-based DDoS mitigation and network security platform protecting enterprises from large-scale distributed attacks.

Exited · Kennet III · Acquired by Akamai
Rimilia
Cash Allocation Automation

AI-powered cash application and receivables automation platform helping enterprises eliminate manual payment matching.

Exited · Kennet IV · Acquired by BlackLine
Nuxeo
Content Services Platform

Cloud-native content management and digital asset management platform for enterprises managing large-scale unstructured data.

Exited · Kennet IV · Acquired by Hyland Software
Dext
Accounting Automation

AI-powered bookkeeping automation platform that extracts and processes financial documents.

Exited · Kennet IV · Acquired by Hg Capital
CrossBorder Solutions
Tax Technology

Transfer pricing automation platform enabling multinational enterprises to automate intercompany pricing documentation.

Exited · Kennet IV · Acquired by SGI
Eloomi
Learning & Development

AI-enhanced learning management and employee development platform for mid-market businesses.

Exited · Kennet V · Acquired by Dayforce
Schoolwires
EdTech

Online communication and website management platform for K-12 school districts.

Exited · Kennet III · Acquired by Blackboard
Recommind
Legal Technology

Enterprise e-discovery and information analytics platform using AI-powered concept search.

Exited · Kennet III · Acquired by OpenText
GoViral
Digital Advertising

Branded video distribution network reaching 350 million internet users through 18,000+ publishers.

Exited · Kennet III · Acquired by AOL
MedeAnalytics
Healthcare Analytics

SaaS analytics platform for healthcare providers and insurers, serving over 700 healthcare organisations.

Exited · Kennet II · Acquired by Thoma Bravo
ThinkHR
Human Capital Management

Cloud-based HR knowledge and compliance platform helping organisations manage employee engagement.

Exited · Kennet IV · Acquired by Guidepost
Impartner
Partner Relationship Management

Partner relationship management platform enabling enterprises to manage channel sales globally.

Exited · Kennet IV · Acquired by SGI
NTRglobal
Remote Support Software

Remote access and IT support platform enabling enterprises and service providers to deliver secure remote assistance.

Exited · Kennet III · Acquired by N-able
BuyVIP
Flash E-Commerce

Members-only fashion and lifestyle e-commerce platform offering time-limited branded retail campaigns across Europe.

Exited · Kennet III · Acquired by Amazon
Next Performance
Digital Advertising

Performance marketing and digital advertising platform helping brands manage online customer acquisition.

Exited · Kennet III · Acquired by Yahoo!
Rivo Software
GRC Software

Governance, risk, and compliance software platform helping enterprises manage health, safety, environmental, and operational risk workflows.

Exited · Kennet III · Acquired by Sphera
TeleMedicine Clinic
Teleradiology

Teleradiology services provider delivering remote radiology reporting and diagnostic services for healthcare organisations.

Exited · Kennet III · Acquired by Unilabs
Sermo
Healthcare Community Platform

Online physician community and healthcare insights platform enabling verified doctors to exchange clinical knowledge.

Exited · Kennet III · Acquired by ABRY
KEMP Technologies
Application Delivery Controllers

Application delivery and load balancing platform helping enterprises optimise application performance.

Exited · Kennet III · Acquired by Progress Software
Revolution Prep
EdTech

Online tutoring and test preparation platform delivering academic support for students across the US.

Exited · Kennet III · Acquired by Apax Digital
Conversica
Conversational AI

AI-powered conversational engagement platform automating customer and sales interactions.

Exited · Kennet III · Acquired by SGI
For Founders

If you've built something real, we should talk.

We invest in founders who have done the hard work, built a product customers depend on, grown revenue without significant institutional support, and are now ready to accelerate. We bring capital, experienced operators, go-to-market expertise and a network built across 25 years of Technology, AI & AI Services investing.

Start a conversation
Stage€3–20 million ARR or Revenue
Deal TypeGrowth Capital, both minority and majority transactions as well as acquisition finance
SectorAI, Software & AI Services Companies
Capital raisedBootstrapped or lightly funded (max ~€15 million)
Growth30%+ YoY or strong Rule of 40
GeographyEurope and US
Check size€8–50 million
What We Bring

Capital is the start. Not the point.

Twenty-five years of operational infrastructure, market knowledge and founder networks, helping you win after the term sheet is signed.

01
Team & board building

Great companies are built on great teams. We work with founders on board composition, introduce top tier independent directors with real sector depth, and source senior hires across the c-suite.

02
Europe into the US

We leverage an active San Francisco team, introduce first US hires, and connect founders with warm enterprise prospects through the Kennet network.

03
Go-to-market that scales

Turning early traction and founder led sales into scalable and lasting growth. We help founders build repeatable go-to-market strategies and sales engines that scale.

04
Strategic value creation

Long-term value is built through strategic choices. We partner with founders on bolt-on acquisitions, competitive positioning, strategic partnerships, and building a growth story that stands out.

05
Partner engagement

Every portfolio company works directly with our partners, who take board seats with the intent to contribute, support, and challenge, not just observe.

06
Exit preparation

Over 50 exits delivered. We know the right buyers and how to tell the story that commands a premium, drawing on 25 years of investing experience.

Get In Touch

We'd like to hear from ambitious founders.

If you're building a capital-efficient AI, Software & AI Services business in Europe or the US and are considering your first institutional partner, we welcome a conversation.

info@kennet.com
London
Kennet Partners Ltd.9–11 Kingly StreetLondon, W1B 5PH
+44 20 3004 3250
Silicon Valley
400 Concar DriveSan Mateo, CA 94402