TMT Investments

What TMT Investments does

TMT Investments PLC is an AIM-listed venture capital firm (LON:TMT) domiciled in Jersey, founded in 2010 to provide public-market investors with liquid exposure to a diversified portfolio of earlier-stage technology companies. The firm invests globally in companies with competent management, high growth potential, and viable exit pathways, with stated focus areas spanning Big Data/Cloud, E-commerce, SaaS, Online Marketplaces, fintech, AI applications, edtech, healthtech, and logistics/mobility. The current portfolio is broad and includes Leasy, Spendbase, Scale AI, Global Work AI, Zencoder, Rhino, Enty, Jome, Praktika, Rain, Forta, Phoenix, Medvidi, LaundryHeap, SOAX, 1Fit, Mobilo, Whizz, Flylane, EdVibe, OneNotary, SonicJobs, Prodly, EstateGuru, and VertoFX, alongside historical holdings in Bolt, Pipedrive, PandaDoc, Wrike, Scentbird, Workiz, Backblaze, and Depositphotos.

The firm operates as a self-managed investment vehicle rather than a fund manager; it does not charge management fees and has no externally managed AUM, generating returns through capital gains on exits, dividend distributions from portfolio companies, and revaluation gains on retained stakes. Notable realized exits include Pipedrive (US$41M to Vista Equity Partners, November 2020), Wrike (US$22.6M to Vista Equity Partners, December 2018), and Depositphotos (US$14.3M to Vista Print, September 2021), alongside earlier acquisitions of Todoroo by Yahoo! (May 2013), Kanvas Labs by AOL (September 2015), Vital Fields by The Climate Corporation (November 2016), and FriendlyData by ServiceNow (October 2018). Capital is deployed through direct equity investments, often at pre-seed and seed stages, and recycled to shareholders via buyback programmes (a programme completed December 2025 and a new one launched May 2026).

The leadership team is founder-led and operationally experienced, with co-founders German Kaplun (Head of Strategy), Artyom Iniutin (Head of Investments), and Alexander Morgulchik (Head of Business Development) controlling approximately 24.56% of issued share capital through Mango Telecommunication Limited, alongside Executive Director Alexander Selegenev and Chairman Yuri Mostovoy. TMT's distribution and capital-raising model is the AIM listing itself, with shares trading under TMT.L since 2010 and capital raised periodically via placings (notably US$18.5M in September 2021). The combination of an insider-controlled shareholder base, a long-dated venture book, and public-market liquidity for shareholders differentiates the structure from typical limited-partner venture funds.

Name

TMT Investments

Legal name

TMT Investments PLC

Website

https://tmtinvestments.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

TMT Investments PLC is an AIM-listed venture capital firm (LON:TMT) that provides public-market investors with liquid exposure to a diversified portfolio of earlier-stage technology companies across AI, SaaS, fintech, and digital commerce, globally.

Ownership category

akta.pro rank

Product category

Venture Capital Services

NAICS

Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Equity Long/Short — TMT Focus (FSAHAAAJ)

Keywords

• Venture capital investing
• Early-stage technology
• Startup equity investment
• AIM-listed fund
• Technology portfolio investments

Headquarters

HQ city

St. Helier

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment Returns and Capital Gains: As a venture capital firm, TMT Investments generates returns through capital gains on portfolio company exits, dividend distributions from portfolio companies, and revaluation gains on retained stakes. Key exits include Pipedrive ($41M), Wrike ($22.6M), and Depositphotos ($14.3M).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

TMT Investments is an AIM-listed venture capital firm that provides capital investment to earlier-stage technology companies globally, offering financial resources alongside advisory support, partnership development, distribution channels, promotion, and monetization assistance. The firm focuses on Big Data/Cloud, E-commerce, SaaS, Marketplaces, AI, fintech, edtech, healthtech, and logistics sectors, seeking companies with competent management, high growth potential, and viable exit opportunities.

Product overview

TMT Investments is an AIM-listed venture capital firm (LON:TMT) that invests globally in leading-edge, earlier-stage technology companies. The firm does not offer a single unified product but rather provides investment capital and support to portfolio companies across various technology sectors including AI, software, fintech, e-commerce, SaaS, data platforms, edtech, healthtech, logistics, and marketplaces. TMT's investment focus includes Big Data/Cloud solutions, E-commerce, SaaS, and Marketplaces. The company's investment process involves identifying companies with competent management, high growth potential, and viable exit opportunities, with focus on scalability, growth potential, and synergies with existing investments.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Capital Investment Services Provision of equity capital investment to earlier-stage technology companies globally, alongside advisory, partnership development, distribution channels, promotion, and monetization support for portfolio companies.

Quantifiable outcome

• 246x return on Bolt investment (US$320K to US$79M)
• +2 more outcomes

Named customers9 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators9 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• IP Group: UK-listed intellectual property commercialization and deep-tech investor. Comparable as a public-market-listed early-stage technology investor with similar smaller-cap, AIM-listed profile to TMT.
• Molten Ventures: UK-listed (AIM) early-stage technology venture capital firm investing across Europe. Closest direct peer to TMT in structure (publicly traded VC), stage focus (seed/Series A), and sector mix (SaaS, fintech, marketplaces).
• Augmentum Fintech: UK-listed (AIM) venture capital firm focused on fintech and financial services startups. Comparable as a publicly traded VC with concentrated sector exposure, similar to TMT's fintech-heavy holdings (Leasy, Spendbase, Verto).
• Guinness Ventures: UK-listed (formerly on AIM) early-stage technology fund. Comparable as a publicly traded vehicle focused on small, high-growth technology companies, mirroring TMT's structure and seed-stage approach.
• Chrysalis Investments: Jersey-incorporated, London-listed investment company focused on growth-stage internet and software companies. Comparable in domicile, listing venue, and tech-growth focus, though Chrysalis generally writes larger cheques than TMT.
• Vostok New Ventures: Swedish-listed venture capital firm investing in internet/digital consumer businesses, historically with strong CIS/Russia exposure. Highly comparable to TMT given the shared geographic focus on CIS-region founders and tech focus.

Broad incumbents

• Kinnevik AB: Swedish-listed investment company with a long-standing focus on consumer internet and technology. Comparable as a publicly listed vehicle providing exposure to growth-stage tech, though Kinnevik operates at significantly larger scale.
• HarbourVest Global Private Equity: London-listed fund of funds providing diversified private equity exposure. Broader incumbent offering PE access via public markets, comparable to TMT in giving public investors private-market exposure, though at fund-of-funds scale.
• Scottish Mortgage Investment Trust: Large UK-listed investment trust focused on growth and technology equities. Broader incumbent giving public investors growth-tech exposure, comparable theme to TMT but at much larger scale and via public equities.

Emerging players

• Seraphim Space: UK-listed (formerly NEX) venture capital fund focused on space technology. Comparable as a small, publicly listed UK VC, though Seraphim specializes in the space-tech vertical rather than TMT's broader TMT focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/TMT_PLC
• LinkedInlinkedin.com/company/tmt-investments-plc

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments108 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TMT Investments