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Pelion Venture Partners led a $12m Series A round in Continuum.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Private Equity

United Kingdom

Management Consulting

financial advice

Venture Capital

Private

Minority

Friendly

Domestic

Single Bidder

Synopsis

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Pelion Venture Partners, a venture capital firm, led a $12m Series A round in Continuum, a financial advisory firm, with participation from by Uncork Capital, Oceans, and Day One Ventures. “I realized there was a gap in the market when I was Chief People Officer at Carta. I wanted access to consulting/advising/angel investing opportunities, but I didn’t have time to market myself to startups or network with VCs. I started wondering if other non-CEO execs were experiencing the same problem. It turns out that after talking to 1000+ execs, every exec we’ve talked to wants fractional deal flow. These execs are typically not hyper-active on social media, want their work to speak for itself, and need software to help them manage their back-office and operations,” Nolan Church, Continuum CEO.

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