Join a community of investors backing ambitious early-stage companies shaping how the world works.
Discover curated opportunities, build your portfolio systematically and back the individual companies that excite you.
Be part of Halo. Back what excites you. Build your portfolio.
Halo Select
Explore curated investment opportunities and choose where and how much you want to invest.
Meet founders, share insights and make investment decisions on your terms.
You can invest in new opportunities or increase your investment in companies you already own.
Halo Portfolio Builder
Set an annual allocation that invests systematically alongside NoBa and the Halo club, across the companies selected through our investment process.
Build broader exposure without having to make every individual investment decision.
You can still join discussions, contribute to the investment process and invest more in companies that particularly excite you.
Halo Portfolio Builder is optional and complements your individual investments. Use both together, or simply select your own opportunities.
Why invest with NoBa Halo
Investing through Halo means more than accessing individual opportunities. Every investment benefits from NoBa's experience, investment process and wider network, with support that continues long after capital is deployed.
Access early-stage companies selected through NoBa's investment process, combining our Future of Work perspective with informed diligence and investor insight.
We bring operating and investment experience to the companies we back, helping founders navigate challenges, unlock opportunities and accelerate progress.
Our investor community brings complementary expertise, constructive challenge and connections that can strengthen both investment decisions and the businesses we support.
From transaction coordination and documentation to ongoing portfolio reporting and tax paperwork support, we help make the investment journey simpler.
Investment plan builder
Start with how much you want to invest each year. Back the opportunities you believe in, and add a systematic Portfolio Builder allocation if you want broader exposure.
Step 1
Your intended annual investment amount, excluding fees. Any amount from £5,000 works, and you can review your plan as your circumstances change.
Step 2
We suggest combining both: a Halo Portfolio Builder allocation gives you systematic exposure to every company NoBa and the club back, while Halo Select leaves room for your personal convictions.
Step 3
Your membership is linked to your planned level of investment. Engage is designed for those beginning their angel investing journey, while Influence is our most popular tier for regular investors. Impact offers further benefits for investors seeking to deploy at scale.
We suggest a membership based on your plan, but you can choose any eligible tier. Upgrading later costs the difference between joining fees. When investment capacity is limited, higher tiers receive priority allocation, subject to the membership terms.
We believe that diversity among investors helps drive diversity among the founders and ideas we back. That's why we actively encourage more women to become angel investors through Halo, offering complimentary EmpowerHER membership to every woman investor. EmpowerHER is a community built on genuine connection, shared opportunities and women supporting one another to grow, thrive and shape their own futures.
Example plans
Based on your plan
Halo Influence: £25k a year for 3 years, £75k invested in total. This shows portfolio construction only, separate from any returns. Updates automatically as you change your plan above.
Halo Select · Optionality
£30k
About 6 individual investments of around £5k, chosen by you (typical Influence ticket £5k)
Halo Portfolio Builder · Discipline
£45k
36 positions of about £1.3k: 2 cohorts a year × 6 companies × 3 years
Indicative allocations. Select investments can top up existing holdings, so positions do not necessarily mean different companies. Cohort sizes vary in practice.
Illustrative outcomes
Early-stage investing is a long-term activity. Explore what different outcomes could mean for your plan, including potential EIS tax relief and estimated NoBa fees.
Halo Influence: £25k a year (£10k Select, £15k Portfolio Builder) for 3 years, each investment held for 5 years.
Tax relief shown is 30% EIS income tax relief, not loss relief. Fees based on the NoBa engagement letter.
A separate example
Early-stage investing can produce extraordinary outcomes. A small number of exceptional companies can contribute disproportionately to the performance of an investment portfolio.
Minimum Halo Select ticket for Halo Influence: £2.5k. A single investment of that size held for 5 years. This is not a prediction, and not an additional return on top of the illustration above.
Fees based on the NoBa engagement letter.
Express interest
Join Halo and take a considered approach to investing in the companies shaping tomorrow's world of work.
Build your portfolio. Back what excites you. Be part of Halo.
Expressing interest is non-binding and does not create a capital commitment.
Important information. Illustrations are hypothetical and are not forecasts of investment performance. Early-stage investments are high risk, illiquid and may result in a total loss of invested capital. Targets and illustrative scenarios do not guarantee future results.
How the illustration works. Three annual investments are made at years 0, 1 and 2, each held for five years and realised at years 5, 6 and 7. Each multiple is a simplified, uniform blended return across the whole plan and makes no assumption about which individual holdings succeed or fail. Success fees are estimated per investment (20% above the tier hurdle, compounded over the holding period), not on the blended result, and remain provisional until the contractual calculation is verified. NoBa fees combine arrangement fees and advisory fees including VAT; advisory is prepaid according to the tier, with the remainder paid annually through the holding period. Arrangement fee VAT treatment is to be confirmed. Joining and platform fees are membership costs and are not included. Indicative IRR is calculated from these year-by-year cash flows.
Tax assumptions. 30% EIS income tax relief requires sufficient UK income tax liability and qualifying investments, and is treated as received in each investment year. 40% loss relief assumes a higher-rate taxpayer and is calculated on the loss after deducting EIS income tax relief. It is shown only for explicitly illustrated losses, which here means the 0× scenario. That case assumes the required claim and a disposal or negligible-value event, with relief timing simplified to the exit year. In practice, loss relief may be available on eligible individual losing holdings even when a portfolio is profitable overall; the positive scenarios do not model this. Actual timing of tax refunds can differ. Gains on qualifying EIS shares are assumed free of CGT, subject to conditions. Relief may be withdrawn if conditions stop being met. This page does not consider SEIS or capital gains deferral, and tax relief is not investment performance.
This page is a planning tool. It is not an offer, advice or an instruction to transfer capital. Halo Portfolio Builder is a proposed approach and its terms are subject to the relevant membership agreement.
