SPWOne is the investment company established by Sir Peter Wood, founder of Direct Line and esure, to invest in and support innovative businesses across their lifecycle. It is led by chief executive Nick Edwards and invests its principal’s capital rather than third-party funds. Its cornerstone position is a £25M investment in Castelnau Group, the permanent-capital vehicle managed by Phoenix Asset Management Partners, to which SPWOne acts as strategic adviser. Its venture investments include open-finance platform Moneyhub, estate agency Strike, B2B software company Reachdesk, payments business CellPoint Digital, The Electric Car Scheme, Power Roll and Trevor.io. The team’s stated experience is in regulated, digital and customer-focused businesses.
Investment thesis
SPWOne is a London investment company that backs innovative businesses and supports them across their lifecycle, from early stages through to maturity. It describes its reach as global and does not confine itself to a single sector or entry point, taking positions in companies it can help build rather than acting as a purely passive shareholder.