LocalGlobe

LocalGlobe was co-founded by Robin and Saul Klein and has evolved into something closer to an urban operating system for London and European early-stage company formation than a standalone seed fund. As the pre-seed and seed vehicle inside the broader Phoenix Court family - alongside sister vehicles Latitude, Solar, and Basecamp - it benefits from unusually strong recycling of operator knowledge, angel networks, and neighborhood density rather than simply advertising founder support as a slogan. That ecosystem-design approach produced Wise, whose 2021 direct listing on the London Stock Exchange valued the fintech company at about $11 billion, one of the clearest proof points of London's fintech maturity.

No standalone AUM disclosed; Phoenix Court family reported $500M first close (2022) AUM 74/100 Power Score™ 2003 Founded London, UK
Fintech Consumer Marketplaces Enterprise Software Climate
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Signature Exit

Wise's 2021 direct listing on the London Stock Exchange, valuing the fintech company at about $11 billion

Key Partners & Leadership

Co-Founder & Managing Partner
Co-Founder
General Partner
General Partner

Firm Timeline

2003
Robin and Saul Klein co-found LocalGlobe in London.
2021
Wise completes a direct listing on the London Stock Exchange at an $11 billion valuation.
2022
Phoenix Court announces a $500 million first close across LocalGlobe, Latitude, Solar, and Basecamp.
2023
Saul Klein publicly discusses the family's ambition to help European companies scale to megacap status.

Notable Public Portfolio Companies