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Errol Damelin
Errol Damelin Overview
Errol Damelin is the Founder, CEO, chairman, or original investor and backer of over 75 digital and tech companies around the world, including in Israel, the US, the UK, most of Europe, South Africa, Turkey, Brazil, Indonesia, and Nigeria. He focuses on fintech, crypto, SaaS, health and wellness, marketplaces, and data analytics. He is the inventor of three granted patents and has another four pending.
After founding the groundbreaking fintech company, Wonga, which he grew to over $100 million in annual net profit, he co-founded SME banking startup Tide.
As a Founder, he has been recognized as 2011 Digital Entrepreneur of the Year by The Guardian, the UK's 2011 Entrepreneur of the Year by Ernst and Young, and 2010 Founder of the Year by TechCrunch.
Being a Founder himself several times over, with all the scars to show for it, Damelin puts real skin in the game when he continues to invest early on in the next generation of entrepreneurs to help them succeed. He would describe his approach as Riding Shotgun.
Damelin's early investments include Wise, Cazoo, Purplebricks, K Health, YuLife, Sure, Demyst, Zoe, Farewill, CityMapper, Modifi, UnBabel, Thimble, HiBob, Modifi, Elliptic, Lendingkart, and VivaReal.
In Israel Since
Founded
Representing
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Education
M.S., Management Boston University, 1995
Additional activities
Investment Rounds by Type
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Mar 24, 2022
www.businesslive.co.za
Q&A: Angel investor Errol Damelin picks problems for which he wants to find solutions
#Investment
Sep 15, 2021
sifted.eu
Wonga's Errol Damelin scores 9900% return on angel investment in Cazoo & Wise