Evantic

Matt Miller, a former 13-year veteran of Sequoia Capital, founded Evantic and leads its investment decisions. The firm's website presents Miller as the central investment authority, operating with a concentrated team from London. No additional investment committee members are publicly named.

The Legends are a network of over 150 operators, technologists, and investors who are LPs in Evantic's fund. They can earn up to 50% of the carried interest on investments where they contribute operational support. The firm uses them to provide portfolio companies with executive mentorship, go-to-market strategy, engineering scaling advice, and strategic introductions.

Evantic invests at both stages. It writes checks up to $1 million for early-stage teams — what the firm calls 'early shots' — and up to $60 million for growth-stage companies it identifies as emerging market leaders. Both investment types concentrate exclusively on artificial intelligence companies.

No. Evantic invests across Western markets. Its operating base is in London, which the firm positions as a bridge between Silicon Valley and European talent pools, but its investment mandate covers companies across the broader Western technology ecosystem.

In a typical venture fund, carry flows to the general partners. At Evantic, up to 50% of the carried interest in each investment is allocated to the Legends — a curated community of operators who actively support portfolio companies. This creates a direct economic incentive for experienced builders to deliver tangible operational value alongside the GP.