noun  ·  British English

a permission from a college, boarding school, or other institution for temporary absence.

early 18th century: from Latin, ‘let him or her go out’, third-person singular present subjunctive of exire.

Selected Transactions:

Company:	Year:	Status:	Asset Class:	Exposure:	Instrument:	Stage:	HQ:	Category:	Sector:	Latest Lead:
Undisclosed	2025	Live	Venture Capital	Direct	Equity	Pre-Seed	UK	Consumer	Marketplaces	–
Steward AI	2025	Live	Venture Capital	Direct	Equity	Seed	US, UK	Fintech	AI	Motive Partners1
Undisclosed	2025	Live	Venture Capital	Direct	Equity	–	UK	Consumer	–	General Catalyst
Undisclosed	2025	Live	Venture Capital	Direct	Equity	Seed	UK	Consumer	AI	Undisclosed
Undisclosed	2025	Live	Venture Capital	Direct	Equity	–	UK	Fintech	Payments	–
Undisclosed	2024	Live	Venture Capital	Direct	Equity	Seed	UK	B2B	AI	–
Undisclosed	2023	Live	Venture Capital	Direct	Equity	–	UK	Fintech	Payments	–
Curve	2019	Exit2	Venture Capital	Crowdfunding3	Equity	Series B	UK	Fintech	Payments	Gauss Ventures4
Freetrade	2018	Exit5	Venture Capital	Crowdfunding6	Equity	–	UK	Fintech	Brokerage	Molten Ventures7
Revolut	2017	Live	Venture Capital	Crowdfunding8	Equity	Series B	UK	Fintech	Banking	Tiger Global9
Seedrs	2017	Exit10	Venture Capital	Crowdfunding11	Equity	Crowd	UK	Fintech	Crowdfunding	–

¹ Hugo Bongers, ‘Reimagining AML Compliance for Investment Services: Why We Invested in Steward’ (Motive Partners, 16 March 2026) <https://www.motivepartners.com/insights/reimagining-aml-compliance-for-investment-services-why-we-invested-in-steward>.
² Curve, ‘Curve is Joining Lloyds Banking Group’ (Curve, 18 November 2025) <https://www.curve.com/blog/curve-is-joining-lloyds-banking-group/>.
³ TechCrunch, ‘Funding Curve’ (TechCrunch, 11 July 2017) <https://techcrunch.com/2017/07/11/funding-curve/>.
⁴ Gauss Ventures, ‘Gauss Ventures Leads USD $55 Million Round in Curve’ (Gauss Ventures, 16 July 2019) <https://medium.com/gaussventures/gauss-ventures-leads-usd-55-million-round-in-curve-3f42e4760623>.
⁵ IG Group, ‘Acquisition of Freetrade’ (IG Group, 1 April 2025) <https://www.iggroup.com/investor-relations/press-releases/2025/acquisition-of-freetrade-april-1>.
⁶ Freetrade, ‘A Quick End of Year Update’ (Freetrade, 15 December 2017) <https://freetrade.io/blog/a-quick-end-of-year-update>.
⁷ Freetrade, ‘Announcing Our Latest Funding Round’ (Freetrade, 20 May 2022) <https://freetrade.io/blog/announcing-our-latest-funding-round>.
⁸ Index Ventures, ‘Global Banking Alternative Revolut Raises $55M to Expand Globally’ (Index Ventures, 12 July 2017) <https://www.indexventures.com/perspectives/global-banking-alternative-revolut-raises-55m-to-expand-globally/>.
⁹ Revolut, ‘Revolut Raises $800M Series E Funding from SoftBank Vision Fund 2 and Tiger Global’ (Revolut, 15 July 2021) <https://www.revolut.com/en-US/news/revolut_raises_800m_series_e_funding_from_softbank_vision_fund_2_and_tiger_global/>.
¹⁰ Republic, ‘Republic to Acquire Seedrs’ (Republic, 1 December 2021) <https://europe.republic.com/insights/our-news/republic-to-acquire-seedrs>.
¹¹ Private Equity Wire, ‘Seedrs Closes GBP10m Investment Round’ (Private Equity Wire, 3 October 2017) <https://www.privateequitywire.co.uk/seedrs-closes-gbp10m-investment-round/>.