Jigsaw VC

Jigsaw VC was founded by Dan Jones, a former product and engineering leader at Qubit, the London-based e-commerce personalization platform. Jones was deeply embedded in Qubit's growth before its acquisition by Coveo in 2021. His operator background in building enterprise software directly shapes the firm's thesis and founder selection process.

Jigsaw backs early-stage enterprise software companies, with a pronounced emphasis on data infrastructure, developer tools, and AI/ML platforms. The firm is thesis-driven around the modernization of enterprise technical stacks — not horizontal SaaS. Investments like Rasa (conversational AI) and Incident.io (incident management) reflect this engineer-first enterprise mandate.

Yes, while the concentration is in the UK, Jigsaw has invested across Northern Europe. The firm looks at deals in Germany (particularly Berlin), the Netherlands (Amsterdam), and the Nordic countries when the enterprise-engineering thesis matches. It does not actively pursue Southern or Eastern European exposure.

Jigsaw VC is structured as a lean vehicle driven by Dan Jones, consistent with the solo-GP and micro-partnership models common in London's early-stage enterprise circuit. The firm has not publicly disclosed additional general partners or a large investment team, relying instead on a tight network of operator LPs and syndicate relationships for diligence and sourcing.

Jigsaw VC is not a corporate venture arm of Qubit and has no formal operational tie to the company. The relationship is biographical: founder Dan Jones's tenure at Qubit built the personal operator network and technical pattern-recognition that define Jigsaw's investment thesis. Qubit alumni and ex-Qubit founders are a recurring, though non-exclusive, source of deal flow.

Jigsaw sources deals predominantly through founder referrals and operator networks in London's enterprise-software community. Jones leverages relationships from his Qubit days and the broader UK startup ecosystem, rather than relying on inbound pitch decks or institutional intermediaries. This peer-referral model yields a concentrated, high-conviction portfolio.

No, Jigsaw VC does not publicly disclose assets under management or precise fund sizes. The firm keeps capital formation and deployment figures private, consistent with a segment of early-stage European venture firms that raise on a deal-by-deal or small-fund basis rather than marketing a large institutional vehicle.