Evertrue closes $17 million debut fund for early-stage investments

Evertrue Capital closed its first fund with $17 million in commitments on November 3, 2026. The fundraise was oversubscribed.

The U.K.-based pre-seed and seed investor had backed seven companies and planned to make at least 20 investments over three years. Its focus included early-stage businesses in the United Kingdom and Europe, with artificial intelligence and financial technology among its main areas of interest.

Evertrue expected to invest about £350,000 on average. The firm says its typical rounds range from $150,000 to $500,000 and that it invests as early as the idea, pre-product, pre-revenue and minimum viable product stages.

Five institutional investors backed the fund, including British Business Bank and Basecamp. British Business Bank committed up to £90 million across 10 new microfunds and listed Evertrue Capital among them.

Investor Pathways Capital is a £400 million British Business Bank program designed to support first-time venture capital managers creating early-stage funds. Its microfund component is for vehicles ranging from £5 million to £20 million.

Yvonne Bajela leads Evertrue Capital and founded the fund in 2026. Her previous roles included Goldman Sachs, Mitsui, LocalGlobe and Impact X Capital Partners. Her investment history includes Wise, Moove and Marshmallow.

Companies House records list Bajela as an active director of Evertrue Capital Limited. She joined the company’s board on July 1, 2025; the company is registered under number 16551958.

Evertrue is based in the United Kingdom but says it can invest globally. The firm can lead, co-lead or participate in investment rounds.