The firm is seeking investment opportunities in the media, financial services and consumer sectors.

Exponent Investment Management has raised PS1 billion of commitments for its latest fund. The funds will invest in UK-headquartered businesses operating across a variety of sectors and markets. Go here ex-ponent.com

The new fund will follow on from the firm’s second fund, which closed in November 2021 with £70 million of commitments. The first fund focused on early-stage companies in the technology, media and communications sectors with an emphasis on digital business models and international growth potential.

The firm has made several investments recently, including Kingsbridge Healthcare Group, a company in the Hospitals/Inpatient Services industry. It also invested in Marden & Co Accountants, which is part of the Accounting, Audit and Tax Services (B2B) industry.

Understanding Risk Management with Exponent Investment Management

Co-founders Charley Ma and Mahdi Raza founded the venture firm in 2021. The team previously worked together at Plaid, where Ma led fintech growth and Raza oversaw growth and payments. They now invest in early-stage software and technology companies focusing on vertical SaaS, infrastructure, applied AI and more.

Among the firm’s notable clients is Bliss Integrated Communications and the founder of networking group Exponent Women, Exponent Investment Management Fund Closes With PS1 Billion CommitmentStapleton. M&A Daily spoke with Stapleton about her goals for the group, the importance of “the ask” and why inclusivity matters in the M&A space.