# Spire Ventures

Spire Ventures is a Venture Capital based in London, United Kingdom.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** 60 Grosvenor St, London, W1K 3HZ, United Kingdom
- **Founded:** 2010
- **Assets under management:** Undisclosed
- **Website:** www.spireventures.co.uk
- **LinkedIn:** https://www.linkedin.com/company/spire-ventures

## Regulatory record

- **Reports private funds:** No

## About

Spire Ventures is a private equity firm based in London, UK. It focuses on a Venture Capital strategy. The firm has a team of three, including two investment professionals.

## Sectors

- Real Estate
- PropTech
- Mobility & Transportation
- Recruitment & Professional Services
- FinTech

## People

- Faisal Butt — Founder
- Veer Mehta — Investment Director
- Deepak Jalan — Venture Partner
- Victoria Hill — Venture Partner
- James Caan — Venture Partner
- David Newnes — Venture Partner

## Questions

### Who runs investment decisions at Spire Ventures?

Investment decisions are led by Founder Faisal Butt and Investment Director Veer Mehta, who manages the full deal lifecycle from origination through due diligence to portfolio oversight. Mehta also represents Spire on several portfolio-company boards. The pair is supported by a team of venture partners with deep real-sector operating experience, including James Caan CBE and David Newnes.

### How is Spire Ventures related to Pi Labs?

Faisal Butt founded Pi Labs in 2015 as Europe's first property technology venture platform, and Spire Ventures is a separate but aligned investment firm with a broader mandate across real estate platforms and services. Pi Labs operates as an early-stage PropTech venture capital firm with over 80 investments across 15 countries, while Spire Ventures participates in a wider range of property-related ventures, including portfolio companies like 90 North and POD Management.

### Does Spire Ventures participate in fund commitments or only direct deals?

Spire's disclosed portfolio consists primarily of direct investments into operating companies and advisory platforms across real estate services, investment management, and PropTech. Holdings such as 90 North, POD Management, and Westfort Advisors suggest a direct-investment orientation. The firm has not publicly disclosed a fund-of-funds allocation or third-party fund commitment program.

### What investment stages does Spire Ventures typically target?

According to its own strategy labels, Spire covers buyout, early stage (seed and start-up), expansion/late stage, growth, and general venture. In practice, the portfolio spans from early-stage ventures such as Hertford Birch and Re-Defined to more mature platforms like POD Management and 90 North, which manages over $2 billion in assets.

### Which sectors does Spire Ventures explicitly avoid?

Spire does not publish an explicit exclusion list, but the firm's entire disclosed portfolio — from Pi Labs' PropTech focus to 90 North's real estate investment management and POD's residential leasehold management — maps to property services, real estate platforms, and the built environment. The firm does not indicate any activity in healthcare, life sciences, deep tech, or consumer internet.

### How does Spire Ventures source proprietary deal flow?

Spire's venture-partner model gives it a sourcing channel unusual for a firm of its size. Partners like David Newnes (35 years at LSL Property Services) and James Caan (founder of Hamilton Bradshaw) bring decades of real-estate and entrepreneurial networks, while Butt's founding of Pi Labs provides a direct line to early-stage PropTech founders across Europe.

## Related profiles

- [SpirePoint Private Client](https://altss.com/profile/spirepoint-private-client)
- [Spirit Airlines, Inc. Pilot's Retirement Savings Plan](https://altss.com/profile/spirit-airlines-inc-pilot-s-retirement-savings-plan)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/spire-ventures

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology