Founded in 1999 by Robin Klein and Saul Klein, LocalGlobe has been supporting ambitious UK founders and seeding impactful companies. With a focus on software and artificial intelligence industries, LocalGlobe invests in startups that are 2-3 years old and have a value ranging from $10-50 million. The firm has a preference for rounds with 4-5 participants and has been involved in 13-24 deals per year. Notable portfolio startups include Robinhood, Improbable, and TransferWise. While LocalGlobe has a lower average lead investment amount compared to other organizations, it has had a higher number of exits in 2016. The firm is often joined by other sponsors such as Seedcamp, Upscale, and Global Founders Capital in financing startups.