Fair By Design is a London-based venture capital fund and advocacy programme dedicated to eliminating the 'poverty premium'—the extra costs low-income households pay for essential services like energy, credit, and insurance. The venture fund, managed by Ascension Ventures, invests in early-stage technology businesses tackling these issues across the UK.
53% of their portfolio is in Fintech. Their most common stage is seed (41% of deals). Average disclosed round size is $60.3M (across 6 rounds with reported amounts).
Portfolio
13
Fund Size
$12.8M
Top Stage
Seed
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
17 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Stream Holdings | Growth | — | May 2025 |
| SSuperFi | Pre-Seed | $1M | Jul 2023 |
 Superfi | Pre-Seed | — | Jan 2023 |
| Stream Holdings | Series C | $175M | Apr 2022 |
| Stream Holdings | Growth | — | Apr 2022 |
 Wagestream | Series C | $175M | Apr 2022 |
 SteadyPay | Series A | $5M | Mar 2022 |
 Debtstream | Seed | — | Jan 2022 |
 hundo | Seed | — | Nov 2021 |
| MMirthy | Pre-Seed | — | Aug 2021 |
| hundo | Unknown | $2M | Jan 2021 |
 Homeppl | Unknown | — | Nov 2020 |
 Organise | Seed | — | Jul 2020 |
| SteadyPay | Seed | $4M | Jan 2020 |
 Youtility | Seed | — | Jan 2019 |
 Switchee | Seed | — | Jun 2018 |
 incuto | Seed | — | — |
Top Co-Investors
Ascension Ventures9 shared
British Business Bank5 shared
Northzone4 shared
Balderton Capital4 shared
Silicon Valley Bank3 shared
Smash Capital3 shared
Barclays2 shared
Force Over Mass Capital2 shared
Future Fund2 shared
Salica Investments2 shared
Citi Ventures1 shared
QED Investors1 shared
Soma Capital1 shared
Octopus Ventures1 shared
AXA IM Alts1 shared
Contrarian Ventures1 shared
Mustard Seed1 shared
Antler1 shared
Northstar Group1 shared
Last updated: 7 October 2026