HMRC Key Statistics, May 2022

HMRC released the annual statistics relating to EIS and SEIS on 5th May 2022. You can find the full report here.

Key Findings from HMRC data

In 2020 to 2021, 3,755 companies raised a total of £1,658 million of funds under the EIS scheme. Funding has decreased by 12% from 2019 to 2020, when 4,165 companies raised £1,890 million.
As the Covid-19 pandemic impacted the UK economy, EIS investment across the first 3 quarters of 2020 to 2021 remained below the level seen across the same quarters of 2019 to 2020. However, in the last quarter of 2020 to 2021 EIS investment rebounded above the last quarter of 2019 to 2020.
Around £358 million of investment was raised by 1,370 new EIS companies in 2020 to 2021.
In 2020 to 2021, companies from the Information and Communication sector accounted for £571 million of investment (34% of all EIS investment).
Companies registered in London and the South East accounted for the largest proportion of investment, raising £1,078 million (65% of all EIS investment) in 2020 to 2021.

In 2020 to 2021, 2,065 companies raised a total of £175 million of funds under the SEIS scheme. Funding has slightly increased by 4% from 2019 to 2020 when 2,070 companies raised £169 million.
Around 1,660 of the companies were raising funds under the SEIS scheme for the first time in 2020 to 2021, representing £154 million of investment.
In 2020 to 2021, companies from the Information and Communication sector accounted for £72 million (41% of all SEIS investment).
Companies registered in London and the South East accounted for the largest proportion of investment, raising £120 million (68% of SEIS investment) in 2020 to 2021.

We have insights on each year of HMRC data since 2020. You can also explore a snapshot of the market and other key data.

Check that all out here.