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Saul Klein

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Saul Klein
Born
🎓 Alma materUniversity of Cambridge
💼 Occupation
Founding Partner at LocalGlobe
👪 RelativesRobin Klein (father), Jonathan Klein (uncle), co-founder and CEO of Getty Images;.[1], Martin Klein (uncle)

Saul Klein OBE (born 23 October 1970)[2] is a British entrepreneur and an active investor in the UK's tech scene.[3] [4]He has co-founded numerous ventures, including LOVEFiLM, Seedcamp, Kano Computing and Platoon.[5] A General Partner at Index Ventures from 2007 until 2015,[6] he left in 2015 to co-found venture capital fund LocalGlobe with his father Robin Klein (venture capitalist). He has served in several government advisory roles and in April 2023 he was appointed as Non-executive Director at the UK government's Department for Science, Innovation and technology.[7][8][9]

Career

Klein's early career included stints at Ogilvy & Mather, Firefly and Microsoft in the USA.[10]

Returning to the UK, in 2002 Saul Klein and his father helped co-found Video Island, where Saul was CEO until 2005. Video Island was one of a number of rival businesses that merged into what became LOVEFiLM International, ultimately being acquired by Amazon in 2011.[11]

After LOVEFiLM, Saul Klein went to Last.FM and then Skype, both businesses backed by Index Ventures, before joining Index as a partner in 2006. He co-founded Seedcamp a year later, in 2007.[12]

In April 2015, Saul and his father Robin founded LocalGlobe, a Venture Capital Firm focusing on early stage (Seed) investment in Technology enabled businesses. They raised LocalGlobe 7, a fund of £45m by October 2015 and LocalGlobe 8, a £70m fund in March 2017. As the firm has grown, in 2022 it took the PhoenixCourt umbrella, expanding to £500M.[13][14][15][16]

Government advisor

Klein's government advisory roles began in 2012 as the UK's Technology Business Ambassador to Israel, alongside Matthew Gould. He is a member of the UK's Council for Science and Technology (CST) as well as the UK Government's Digital Economy Council, and in April 2023 he was appointed as Non-executive Director at the UK government's Department for Science, Innovation and technology.[17] He has also been an advisor on digital and innovation in local government in London and Manchester.[18]

Honours

Klein was awarded an OBE for services to business by David Cameron's government in 2016.[19]

References

  1. "Getty Images bought by private equity firm Carlyle Group for £2.1bn". The Jewish Chronicle Online. 15 August 2012.
  2. "PHOENIX COURT GROUP LIMITED people - Find and update company information - GOV.UK".
  3. "The 100 most influential technology investors in Europe". 3 March 2011.
  4. "Forbes".
  5. "Apple Acquired Platoon, a London-Based Creative Services firm in 2016, and this week they filed for its Unique Figurative Trademark".
  6. "Index Ventures creates seed fund with Kleins at the helm". TechCrunch. 25 April 2010.
  7. Saul Klein OBE biography https://www.gov.uk/government/people/saul-klein
  8. "Saul Klein". Forbes.
  9. "Bloomberg". Bloomberg.
  10. "Skype names ex-Microsoft executive marketing chief". 8 September 2005.
  11. Amazon takes full control of LOVEFiLM https://www.theguardian.com/technology/2011/jan/20/amazon-buys-lovefilm
  12. Boland, Hannah (25 February 2019). "Lovefilm founder Saul Klein: 'Being an entrepreneur is more a state of mind'". The Telegraph.
  13. LocalGlobe becomes PhoenixCourt https://techcrunch.com/2022/06/20/localglobe-becomes-phoenix-court-group-hits-500m-first-close-for-new-funds-adds-an-impact-twist/
  14. "We talked to the father-and-son VC team who are launching a new fund to back European tech startups". Business Insider.
  15. James Cousins (2022-06-22). "LocalGlobe becomes the Phoenix Court Group, with $500M to create a values-based New Palo Alto". TFN.
  16. "Tech guru raises $500m to invest in Camden, the 'New Palo Alto'". Evening Standard. 2022-06-21.
  17. Saul Klein OBE biography https://www.gov.uk/government/people/saul-klein
  18. "Speaker: Saul Klein". London Tech Week 2026.
  19. 14 tech entrepreneurs recognised in the Queen's honours list https://www.cityam.com/sit-down-sir-rod-here-are-14-tech-entrepreneurs-recognised-in-the-queens-honours-list/

External links

  • LocalGlobe - Team - about Saul Klein [1]



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