Editorial Perspective
BGF (formerly Business Growth Fund) is the UK's most active growth capital investor—£4B+ deployed across 600+ companies from 15 regional offices. They invest £1M–£15M in Series A to growth rounds, taking minority equity stakes. PropTech and construction tech fall within their broad UK-focused mandate. They are not a specialist PropTech fund—they back any ambitious UK SME. Best fit for PropTech/ConTech founders who have moved past seed stage, have £1M+ ARR, and need growth capital without giving up control. BGF's minority model and board-seat approach suit founders who want patient capital from a well-networked UK investor. The 15-office regional network is useful for construction tech companies selling to regional developers and contractors.
Investment Profile.
Check Size
£1.0M–£15.0M
Active Fund Vintage
2024
Investment Stages
Series A
Headquarters
London, UK
Investment Strategy.
The complete funding journey. This firm focuses on stages highlighted below.
Pre-Seed
$10K–$1M
Stage Focus
Proof of concept / Prototype
Growth Elements
- →Hiring
- →Product development
- →Early validation
Seed
$500K–$3M
Stage Focus
Product-market fit
Growth Elements
- →Hiring
- →Product iteration
- →Initial traction
Series A
$5M–$15M
Stage Focus
Revenue growth & scale
Growth Elements
- →Hiring
- →Development
- →Operations
- →Branding & Marketing
Series B
$15M–$50M
Stage Focus
Growth & expansion
Growth Elements
- →Hiring
- →Market expansion
- →M&A exploration
Series C
$50M–$200M+
Stage Focus
Large-scale expansion
Growth Elements
- →International markets
- →Acquisitions
- →Scale operations
Check Size for This Fund
£1.0M–£15.0M
Typical check size across all stages. Size may vary by stage and fund vintage.
Notable Portfolio.
600+ companies backed
£4B+ deployed
Recent Activity.
£489M deployed in 2024
47 new portfolio companies in 2024
£3B commitment over next 5 years
Tomas M. Krogh
Fractional Chief Commercial Officer
I specialize in taking founder-led commercial engines apart until only the parts that work are left standing. Before advising, I operated-scaling a business from zero to the FT1000 list three years running and facilitating 10 billion DKK in property transactions. I don't write polite advisory decks; I give you the exact commercial reality check you need before an investment committee does it for you.
Commercial intelligence last verified on 22 April 2026. Public deal activity sourced via Crunchbase/Dealroom.