Haatch Announces Fourth Profitable Exit of 2025

By
Jonathan Keeling
By
Haatch

We are pleased to share that Haatch has successfully exited our position in Tangible Markets, marking our fourth profitable exit of 2025. This follows previous exits this year from Re-Flow (6.55x), Native (7.4x) and CareLineLive.

This transaction was completed via a secondary sale, as part of a wider strategic investment agreement with a new backer. The exit delivered a 42.59% IRR for our investors. 

A Milestone Moment

This marks an important milestone for Haatch. It is our second SEIS exit this year and our first exit for the British Business Bank (BBB). The BBB has been co-investing with us since 2021, supporting every deal we do. We are proud to already be delivering realised returns for such a highly valued partner and look forward to building further on this relationship.

The Bigger Picture

2025 has already been a remarkable year for Haatch with four profitable exits across our SEIS, EIS, and BBB strategies. We are not aware of another fund in our category delivering this level of performance.

With multiple funds now showing realised returns and a growing number of portfolio companies scaling at pace, we are excited by what the rest of 2025 will bring, and beyond!

By
Jonathan Keeling
Partner
News & Updates

The latest
from Haatch

See More

If you no longer need your pension, April 2027 changes what it is

By
Tom Healy
By
Haatch
August 12, 2026
Read more
From the 6th of April, 2027, most unused defined contribution pension funds count inside your estate for inheritance tax. Here is what that costs, what the alternatives are, and where EIS and SEIS genuinely help.

‘Capital Growth’ Has Many Meanings. So does ‘Performance’!

By
Roger Linley
By
Haatch
July 28, 2026
Read more

Why do we invest? The glib answer is ‘to make money’. For most investors however, I suspect the reasons are much more nuanced.

When I first committed funds to a Haatch portfolio company, the reasons for doing so were multiple. Of course, I was looking forward to value amplification and the tax basis was also highly attractive. However, I also had a strong sense of wanting to ‘plug in’ to a modern, cutting-edge area of technology.

Headcount Is Dead as a Growth Metric. Here's What Our Portfolio Data Says Replaced It.

By
Tom Healy
By
Haatch
July 21, 2026
Read more

For two decades, venture capital used a crude proxy for progress: how many people have you hired? Team size signalled ambition, traction, momentum. If a seed-stage company doubled headcount, it was "scaling."Our portfolio data now tells us that era is over.Across roughly 200 early-stage B2B software companies we track, median revenue growth over the past two years ran at around 50% annualized. Median headcount growth over the same period? Zero.

Backing Prolo: AI-Powered Procurement for the Construction Industry

By
Jessica Fox
By
Haatch
July 14, 2026
Read more
We're delighted to announce that Prolo has successfully raised £4.2 million in Seed funding, in an oversubscribed round led by Triple Point Ventures, alongside a strong syndicate of investors including Haatch, a16z, Concrete VC, Foundation Ventures, Love Ventures, Portfolio Ventures, Anamcara Capital and Koro Capital.