Private-credit & direct-lending funds

Stride Ventures

An Indian venture debt manager with a UK fund and a London team since 2024, lending growth credit to venture-backed technology companies across Britain and Europe.

What they do

Stride Ventures established a UK limited partnership in September 2024 and a London team to originate European venture debt, extending a franchise built lending to venture-backed companies in India. Sectors run across artificial intelligence, deep technology, financial technology, insurance technology, digital health, electric vehicles, mobility and energy. Facilities are underwritten on growth and runway rather than earnings, with deals screened locally and approved by a fund-level investment committee.

Where they fit in a lower-mid-market raise

For a venture-backed company with operations or ambitions spanning the UK and India, a lender that knows both markets is unusual and useful. The mandate covers the sectors where UK venture debt demand is heaviest, and the UK vehicle is new enough that the team is actively building a book, which tends to make a lender responsive.

Where they are not the fit

The UK operation is recent and UK deal evidence is thin, so a borrower should establish what has closed here before relying on it. Venture backing is expected, and there is no proposition for a profitable owner-managed business. Pricing is not disclosed; the comparable market convention is a low double-digit all-in cost plus arrangement fees and warrants.

Published terms

Pricing
Not publicly disclosed for UK; India comparable market 13-15% p.a. interest; UK venture debt market benchmarks 10-15% all-in plus 1-2% arrangement fee plus warrants 0.1-2% equity on fully diluted basis
Speed to terms
Not published
Sponsored or sponsorless
Explicitly requires institutional VC backing; sponsor-backed (VC-backed) only; not suitable for non-VC-backed corporate borrowers
Where they lend
UK-wide and Europe; London office at 20 North Audley Street, W1K 6WE; also registered at 9-11 New Broadway, Ealing W5 5AW
How they decide
UK team screens; Investment Committee approval at fund level; process not publicly disclosed

As published by the lender and last reviewed August 2026. Terms quoted on a deal are set by the credit, not by a published band.

What rules a deal out

Stated limits, taken from Stride Ventures’s own published criteria. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.

  • Requires institutional VC backing raised within prior 12 months or imminent raise; non-VC-backed corporates ineligible
  • Series A minimum stage
  • No EBITDA/cashflow lending basis; runway and VC-milestone based only
  • No closed UK deals publicly confirmed as at September 2025 launch; UK deployment is pipeline-stage

How they sit against the category

  • 15 of the 46 publish an indicative price at all; it is one of them.

Counted across the 46 private-credit & direct-lending funds in this directory, on what each one publishes. What a lender discloses and what it will do are different things.

Questions this page answers

Does Stride Ventures lend to companies without a private-equity sponsor?

Not on the published evidence. Stride Ventures lends alongside institutional equity or sponsor backing rather than to unbacked borrowers.

Where does Stride Ventures lend?

UK-wide and Europe; London office at 20 North Audley Street, W1K 6WE; also registered at 9-11 New Broadway, Ealing W5 5AW.

What does Stride Ventures lend?

The published product set is venture debt / growth credit. Published sector focus is ai, deeptech, digital health, energy, ev.

On the record

  • December 2024: Fund IV launched at $300m target; $1bn total commitments milestone crossed globally.

  • September 2025: Formal UK and Europe launch; £100m+ active UK pipeline announced.

  • May 2025: Global Venture Debt Report 2025 launched in London with Kearney at event of 100+ industry leaders.

Sources: strideventures.in

This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.