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Scottish Equity Partners

Venture capital

London · Series A–Late Stage · 20 people tracked

Also known as 17B2 Llp · SCOTTISH EQUITY PARTNERS, LLP

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Investment thesis

SEP invests in the future of enterprise technology, backing companies that address complex challenges for the world's largest organisations. With 25 years of experience, the firm believes the next generation of enterprise leaders will emerge at the intersection of data, AI, and human ingenuity. It partners with founders to help enterprise technology companies scale, drawing on decades of experience navigating the distinct challenges of complex buying groups, procurement processes, and operational maturity within demanding enterprise environments.

Source: firm website, verified Aug 25, 2026.

Stage
Series A–Late Stage
Check
$2.5M – $31.8M
HQ
London, GB
Leads rounds
Leads
Instruments
Equity
Founded
2000
Last 12 months
1 investment
AUM
$1.2B
VC funds
3
Tracked investments
19

Team · 20 people

from the firm's website & curated & public directories
Fraser McLatchie· Directorin
Andrew Buchan· General Counselin

What they invest in

from 11 of 19 portfolio companies

SaaS ×9AI & Machine Learning ×7Enterprise Software ×5Advanced Manufacturing ×2Cloud Computing ×2Fintech ×2Consumer ×1Cybersecurity ×1

HQs:United Kingdom×2

Investments · 19 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12023 · 13 dated

AutoRekautorek.comin

AutoRek provides a financial controls platform that automates reconciliation, matching, exception management, data oversight, and regulatory reporting using explainable AI (AutoRek ARIA).

AI & Machine LearningFintechSaaS

Babbelbabbel.comin𝕏

Babbel is a subscription-based language learning app offering courses in 14 languages across beginner to advanced levels, using interactive lessons, speech recognition, AI conversation practice, and podcasts.

AI & Machine LearningConsumerEdTech

Julie HanseninArne Schepkerin

Co-investorsREV Venture PartnersWonder VenturesSEP

Basis
Braincubebraincube.comin

Braincube provides continuous process optimization software for manufacturing plants, helping operators keep key performance indicators at optimal levels as production conditions change.

Advanced ManufacturingAI & Machine LearningSaaS

Co-investorsIris Capital

Content Gurucontentguru.comin𝕏

Content Guru provides cloud contact centre (CCaaS) software used by large enterprises and public sector organisations, and is a full-stack CCaaS vendor certified at FedRAMP High for US government departments.

Cloud ComputingEnterprise SoftwareSaaS

Cora Systemscorasystems.comin𝕏Jun 2023

Cora Systems provides project portfolio management (PPM) software that gives large enterprise engineering, manufacturing, and aerospace & defense organizations governance, cost control, and insight across programs from quote to cash.

Advanced ManufacturingEnterprise SoftwareSaaS

Co-investorsWestern Development CommissionSEP

Cresset
Dohopdohop.comin

Dohop provides connectivity technology that lets airlines link flights and offer virtual interline journeys through a single integration, including baggage transfers and passenger disruption protection.

Logistics & Supply ChainSaaSTravel & Hospitality

Co-investorsSEP

Dotmatics
Enateenate.ioin𝕏

Enate provides a no-code workflow orchestration and AI platform that structures, automates, and gives visibility into service delivery operations.

AI & Machine LearningEnterprise SoftwareSaaS

FundAppsfundapps.coin𝕏

FundApps provides automated compliance monitoring and regulatory reporting software, including shareholding disclosure services, for compliance teams at asset managers, hedge funds, pension plans, and other financial institutions.

CybersecurityFintechSaaS

Co-investorsFTV CapitalSEP

Immedis
mea Platformmeaplatform.comin𝕏Feb 2026 · $50M

mea offers a cloud-native platform that automates (re)insurance workflows from submission to settlement, using its proprietary domain-specific language model to ingest data, run regulatory and sanctions checks, apply risk rules, and produce underwriter-ready packages.

AI & Machine LearningInsurTechSaaS

Co-investorsSEP

Pelion
Peppermint
Restratarestrata.cominFeb 2025

Restrata offers resilienceOS, a platform that combines workforce visibility, risk intelligence, communications, and emergency response into a single operational environment.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsSEP

Springtime
Tyktyk.ioin𝕏

Tyk is an API management and gateway platform, offered as open source and enterprise editions, that lets developers and businesses build, connect, secure, and manage APIs across cloud, on-premises, and multi-cloud environments.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareLondon, GB

Martin Buhr(Founder)in

Co-investorsMMC Ventures

Zuto

Company exited by SEP following a period of significant growth and market expansion.

Portfolio news

latest coverage across their companies

Principals & officers · per Companies House

what is this? ⓘ
Andrew Peter Davison

LLP designated member · since 2008

Calum Macdonald Paterson

LLP designated member · since 2008

Angus Mark Conroy

LLP member · since 2025

SEP Ventures Limited

Corporate LLP member · since 2008

Ownership & control

Andrew Peter Davison25–50% of voting rights, right to share surplus assets 25 to 50 percent limited liability partnership

Calum Macdonald Paterson25–50% of voting rights, right to share surplus assets 25 to 50 percent limited liability partnership

Frequently asked questions

How many investments has Scottish Equity Partners made?
Scottish Equity Partners has 18 tracked investments, including 2 dated in the last 24 months.
What stage does Scottish Equity Partners invest at?
Scottish Equity Partners invests at the Series A, Series B, Series C, Growth, Late Stage stages.
What is Scottish Equity Partners's typical check size?
Scottish Equity Partners typically writes checks of $2.5M – $31.8M.
What sectors does Scottish Equity Partners focus on?
Scottish Equity Partners focuses on AI & Machine Learning, Data & Infrastructure, Enterprise Software, Fintech, SaaS.
Where is Scottish Equity Partners located?
Scottish Equity Partners is headquartered in London, GB.
Does Scottish Equity Partners lead rounds?
Yes, Scottish Equity Partners leads investment rounds.
Who does Scottish Equity Partners co-invest with?
Scottish Equity Partners most often shares deals with FTV Capital, Iris Capital, MMC Ventures, among 3 tracked co-investors.

Images

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