Vennre welcomes investment from "investment professionals," "self-certified high net worth individuals," or "self-certified sophisticated investors.”
A High Net Worth Individual is someone who has earned an annual income over £100,000 in the preceding 12 months, or has net assets to the value of £250,000 (excluding their primary residence, pension or rights from a qualifying contract of insurance).
A Sophisticated Investor is someone with recent personal investment experience who understands the risks associated. They should meet one of the following terms:
- are member of a network or syndicate of business angels and have been so for at least the last six months prior to the current date;
- have made more than one investment in an unlisted company in the two years prior to the current date;
- are working, or have worked in the two years prior to the current date in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
- are currently, or have been in the two years prior to the the current date, a director of a company with an annual turnover of at least £1 million.