We have a very open idea of areas we like to fund, but many of our successes have been in areas that have surprised us. Our founders also invest in areas outwith this thesis personally.
We have some core areas of interest that we always think it is worth outlining to allow startup founders to see if Move Fresh is a good fit for them. This isn’t exhaustive so please send us an email rather than just passing on what could be a great growth relationship.
Health & Wellness
A core area we understand is health and wellbeing, having founded Diet Chef over 10 years ago we have a unique understanding of direct to consumer propositions within this arena.
We have expanded our view from purely dietary intervention into lifestyle modification areas (Gluten Free, Vegan, Protein for example) due to the changing focus of consumers about investing in their long-term health.
Our investment horizon in these areas is very long, we expect that changes in population age and increasing wealth in the western world will lead to more of these “niche” areas becoming mainstream especially in Europe.
Example Investment: Diet Chef (www.dietchef.co.uk)
In 2014 the average age in the UK exceeded 40 for the first time. The intersection of social care, the NHS and the private sector would be areas that we actively invest in. Taking the strain away from the NHS by offering services and products that make living an active life in your senior years easier.
This is an area often overlooked by founders of businesses due to their own demographic profile, we would welcome applications from older founders who intimately understand the consumer need.
Example Investment: Parsley Box (www.parsleybox.com)
You are an important part of my family
Through traditional life stages, we invest heavily in our family (whether children or pets!) at different intervals to ensure that they live optimum lives.
Investing in nutrition within this area is particularly interesting to us – but using unique and novel systems and techniques. This could be delivery methods, alternative proteins, alternative dietary regimes.
Example Investment: None 🙂