VC fund profile · evidence-aware directory data
Evertrue Capital Fund I check size, stages and portfolio
Evertrue Capital's inaugural pre-seed fund announced its $17M oversubscribed final close on November 3, 2026, above an approximate $13M target. LPs include British Business Bank, Phoenix Court/Basecamp, Better Society Capital, Bootstrap 4F and Allocator One. At least 65% of investments are intended for UK companies; seven portfolio investments already disclosed. Fund fees and legal close date remain undisclosed.
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Reported initial check
$150K–$500K
The firm has published this range.
Manager FAQ USD range. Another official page shows differing check-size guidance; confirm directly.
Investment stages
Leads: Pre-Seed
Participates: Pre-Seed, Seed
Sector focus
Not recorded
Geography
London, United Kingdom
Founded Not recorded
Fund size / AUM
Not recorded
A separate fund-size evidence record is not yet available.
Portfolio in our directory
None yet
Linked startup profiles
Recent tracked investment
Not recorded
No dated round explicitly links this fund.
VCT investor research
Inside Evertrue Capital Fund I's investment strategy
Independent, source-backed analysis of who the firm backs, deal evidence and whether it fits your stage.
Fund I final close, history and LPs
Yvonne Bajela announced the debut fund's $17M final close on Nov 3, 2026, after previously targeting about $13M. These are a target and the completed total, not two funding events. The exact legal completion date was not disclosed. Named institutional backers include British Business Bank, Phoenix Court's Basecamp programme, Better Society Capital and Bootstrap 4F; independent reporting also names Allocator One.
LP commitment discrepancy: the British Business Bank's Nov 4 announcement states conflicting figures in its headline/body and notes-to-editors. VCT leaves its individual commitment amount undisclosed until the source is corrected; this does not change the independently reported $17M final fund total.
Founder fit and first-contact workflow
- Check alignment: earliest-stage founders, including pre-product and pre-revenue, with a well-understood customer problem and an unusual insight.
- Prepare a concise deck that explains buyer, solution, founder expertise and why now.
- Send a short note via Evertrue's official contact details; avoid sending NDA-sensitive material because a pre-review NDA is normally not signed.
- If interested, Evertrue can request further information, arrange calls and undertake diligence, leading or joining the round.
- Confirm ticket size and follow-on terms directly. The manager FAQ says $150K–$500K, but its home page has differing guidance.
Economics: a transparent illustration
Seven companies were reportedly backed by close, and at least 20 investments are planned over three years, not contracted. The founder's approximate average initial cheque converts at ECB's Nov 3 2026 fixing to about €420K. Illustratively, 20 such initial cheques would total about €8.4M, before any reserves, fees or varying actual investment sizes. This calculation does not reveal the fund's actual portfolio allocation, expected returns, or committed cash still available.
The fund's complete LP allocations, management fees, carried interest, ownership targets, follow-on budget, audited returns and exact legal close date remain undisclosed.
Sources: Founder firsthand interview, official Evertrue site, fund FAQ, Bank institutional announcement, independent investor report, ECB rate.
Sources and verification
Dated company disclosures take priority over third-party databases. These sources support the analysis above.
Rounds they lead
Rounds they invest
Last verified: 2026-11-06. Check-size evidence is labeled by basis so planning estimates are not presented as firm disclosures.
Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.