Michael Spencer Overview
- Investor Type
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Angel
- Investments
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15
- Portfolio
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9
- Exits
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5

Michael Spencer General Information
Description
Mr. Michael Spencer serves as Chairman at Nutshell Asset Management. He serves as Chairman at IPGL and Glasswall Solutions. He is an Angel Investor. He is the founder of ICAP. He serves as an Advisor at Apiary Life. He is one of the UK's most successful entrepreneurs. He was educated at Oxford University and began his City career in 1976 at Simon and Coates. He later founded Intercapital (ICAP), which entered the FTSE 100 in 2006. Following the 2016 sale of ICAP's global hybrid voice broking business to Tullett Prebon, the remaining ICAP businesses became NEX Group, a technology-driven financial services company where he served as CEO. NEX was acquired by CME Group in 2018, with his joining its board in 2020. He now chairs IPGL, investing in early-stage companies, and holds roles at the Bordeaux Index and the Centre for Policy Studies. He was nominated for a life peerage in the 2020 Political Honours list and was created Baron Spencer of Alresford in 2020.
Business Details
Year Founded
Primary Investor Type
Corporate Office
- London
- England, United Kingdom
Michael Spencer Investments (15)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
---|---|---|---|---|---|---|
Sunsave | 25-May-2023 | Seed Round | Energy Storage | Generating Revenue | ||
Tema | 08-May-2023 | Financial Software | Generating Revenue | |||
Netwealth | 29-Mar-2021 | Asset Management | Generating Revenue | |||
GiveStar | 25-Jan-2021 | Other Financial Services | Generating Revenue | |||
Nexplay | 25-Nov-2020 | Business/Productivity Software | Generating Revenue | |||
Agora Digital Capital Markets | 21-Sep-2020 | Financial Software | Generating Revenue | |||
Apiary Life | 31-Mar-2020 | Human Capital Services | Generating Revenue | |||
Youtility | 24-Feb-2020 | Financial Software | Generating Revenue | |||
Netwealth | 22-Jun-2019 | Later Stage VC | Asset Management | Generating Revenue | ||
Veridium (Network Management Software) | 02-Nov-2018 | Later Stage VC | Network Management Software | Generating Revenue |
Michael Spencer Exits (5)
Company Name | Exit Date | Exit Type | Exit Size |
---|---|---|---|
Elvie | 28-Mar-2025 | Merger/Acquisition | |
Temple Grange Partners | 31-Oct-2024 | ||
Youtility | 26-Oct-2023 | ||
Laundrapp | 14-Feb-2020 | Bankruptcy: Admin/Reorg | |
Tamara Mellon | 03-Dec-2015 | Bankruptcy: Admin/Reorg |
Michael Spencer Investments by Industry, Year, and Region
Michael Spencer Co-Investors (20)
Name | With | Exits | Lead Partner | Series | Industry |
---|---|---|---|---|---|
Stuart Rose | 2 |
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Accel |
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IPGL |
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Index Ventures |
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Plug and Play Tech Center |
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Michael Spencer FAQs
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Who is Michael Spencer?
Michael Spencer is an angel Investor who has made 15 investments.
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What kind of investor is Michael Spencer?
Michael Spencer is an angel investor.
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What does Michael Spencer do?
As an angel investor, Michael Spencer invests personal money into promising companies, typically in exchange for equity.
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What has Michael Spencer invested in?
Michael Spencer has made numerous investments in companies like Sunsave, Tema, and Netwealth within the Energy Storage, Financial Software, and Asset Management industries.
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What has Michael Spencer invested in recently?
Michael Spencer's latest investment was on 25-May-2023 in Sunsave, a company within the Energy Storage industry.
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