RLC Ventures

RLC Ventures


RLC Ventures is an award-winning venture capital firm investing in high-growth potential companies changing the worlds of Work, Play and Finance. 

Social Impact Venture Pledge:

We are the only venture capital firm that pledges to commit a portion of exit profits to important social causes of the founder’s choice. This aligns our investment with the socially responsible values held by our young founders to make a positive impact on society. 

Our mission:

To back founders building global software and technology companies, from idea to exit.


- Nominated as Finalist for 'Best SEIS Investment Manager 2020'

- Best SEIS Investment Manager 2019 - 'One to Watch' At the Growth Investor Awards

- Winners of the 2018 UKBAA Best Entrant to Angel Investments - One To Watch. 

- Members of the BVCA (British Private Equity & Venture Capital Association) and UKBAA (UK Business Angels Association).

"Following a hugely successful 2020, we are building on our strong market position and continuing delivering market-leading returns to our existing and new investors. "

Reece Chowdhry, CEO, RLC Ventures

Investment focus

We invest across 3 core areas, the worlds of Work, Play and Finance

We look for UK headquartered, SEIS eligible companies, with Global Ambitions.

Key team members

Reece Chowdhry - CEO & Founder

Reece is the Founder and CEO of RLC Ventures and an award-winning venture capitalist. Having previously been an EY Management Consultant, he launched RLC Ventures back in 2016 and has continued to grow the fund substantially. In 2019 Reece was named in the top '100 Bame leaders influencing the tech sector' by The Financial Times, recognising his impact on the UK technology ecosystem. 

Jeff Chowdhry - Chariman

Jeff is the Non Executive Chairman of RLC Ventures and is a seasoned investor with over 30 years of experience. He was previously in charge of over $5bn of AUM at BMO Global Asset Management and is a regular commentator on CNBC and Bloomberg TV.

Michael Tobin - Board Advisor

As the former CEO of Telecity, Michael built the business from £6M market cap to a £2.6bn business. Michael has managed many successful exit strategies for organisations including; Pacnet, Itconic, Datapipe, and Basefarm.

Investment opportunities

Min. Investment
Closing date
Technology (Software)
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Exited investments

38x return
January 2020
Bettingmetrics (now Betting.com)

Bettingmetrics is a sports betting company that operates under a Software as a Service (SaaS) model. The software allows users to combine all their betting activities in one place; enabling them to better manage their bankroll and consequently improve their performance. Users are able to compare odds, buy and sell tips, place and track bets as well as analyse past behaviour. 

Example portfolio companies

Greendeck is a B2B AI pricing business for online retailers. (Invested in 2019

Scribeless is a SaaS platform that enables individuals and organizations to create handwritten letters using Artificial Intelligence to deliver more effective and engaging communication experience at scale and on-demand. Customers can type and send letters in their own handwriting. (Invested 2019)

Labworks is a Webby award-winning voice games studio based in London and Lithuania, developing games for Alexa and other voice devices. (Invested 2020)

Workscope connects spreadsheets, data & end-user behaviour – transforming this information into relevant reporting and analytics that surface insights, alert to enterprise risks, inform business decisions, and unlock new opportunities. (Invested 2019)


Best SEIS Investment Manager - Finalist 2020
Best SEIS Investment Manager - 'One to Watch' 2019
Seed Fund of the Year - Shortlisted 2018

Investments offered

  • EIS
  • SEIS


Assets under management


Fund raising track record

£ million