Last updated on Saturday, 28 February 2026.
Overview
To date, AxiaFunder raised £29,833,440
for a range of commercial and portfolio investments.Figure 1: Cumulative capital raised via AxiaFunder platform by offer type![]()


PORTFOLIO CLAIMS - HOUSING DISREPAIR
AxiaFunder has been funding UK Housing Disrepair (HDR) Litigation Claims since May 2022 – raising £24.41
million to date across 65
separate limited partnership Special Purpose Vehicles (SPVs), funding 9,300 claims. Investors got repaid on 2,975 claims so far.
Figure 2: Cumulative HDR Portfolio Funding by Law Firm

Law Firm 1
The first funded law firm went into administration in July 2024. This law firm was funded via 7 SPVs. Investors recovered their invested capital only.
Law Firm 2
To date, 1,901 claims were funded via 15 SPVs. The net investor returns and IRRs for the first 12 SPVs are shown in Figures 3-4 below. The dots show the investor net gains (Figure 3) and IRRs (Figure 4) by tranche and time of the tranche payment. For example, looking at the resolved SPV1 funded in April 2023, the first 10%-tranche had a net investor gain of 8.9% (IRR of 13.6%) in December 2023, 8 months after the Offer launch, followed by returns of 18.6% (IRR of 21.5%), 24.4% (IRR of 23.5%), 27.4% (IRR of 24.8%), 30.7% (IRR of 24.6%), 40.7% (IRR of 26.4%), 46.1% (IRR of 24.3%), 59.7% (IRR of 25.9%), 54.4% (IRR of 23.8%) and 62.3% (IRR of 26.9%) from the subsequent tranches paid to investors between March 2024-May 2025. The average net investor gain for the resolved SPV1 is 37.3% (IRR of 24.4%).
In total, 70 10%-tranches have been repaid to date, together comprising 882 resolved claims (out of 1,601 claims funded by these 12 SPVs). The average net gain and annualised IRR to investors across the settled claims is 35.1% and 22.6%, respectively.
Contractually, claims that settle after a longer period tend to generate a higher return, e.g. the 10th tranche of SPV1 has generated returns of 62.3% (IRR of 26.9%).
Figure 3: Law Firm 2 investor net return by tranche

Figure 4: Law Firm 2 investor IRR by tranche

Law Firm 3
To date, 2,852 claims were funded via 18 SPVs. The net investor returns and IRRs for the first 12 SPVs are shown in Figures 5-6 below. The dots show the investor net gains (Figure 5) and IRRs (Figure 6) by tranche and time of the tranche payment. For example, looking at the resolved SPV1 funded in August 2023, the first 10%-tranche had a net investor gain of 25.0% (IRR of 27.3%) in July 2024, 11 months after the Offer launch, followed by returns of 31.8% (IRR of 29.3%), 30.2% (IRR of 23.2%), 38.1% (IRR of 25.6%), 44.0% (IRR of 27.1%), 36.0% (IRR of 20.5%), 51.1% (IRR of 27.0%), 51.0% (IRR of 25.0%), 57.2% (IRR of 23.1%) and 70.0% (IRR of 26.5%) from the subsequent tranches paid to investors between September 2024-November 2025. The average net investor gain for the resolved SPV1 is 44.4% (IRR of 25.3%).
In total, 51 10%-tranches have been repaid to date, together comprising 772 resolved claims (out of 1,981 claims funded by these 12 SPVs). The average net gain and annualised IRR to investors across the settled claims is 30.1% and 19.8%, respectively.
Contractually, SPV1 is entitled to receive a share of the law firm’s revenue on each claim regardless of the claim resolution timing. The other SPVs funding this law firm accrue the return daily.
Figure 5: Law Firm 3 investor net return by tranche

Figure 6: Law Firm 3 investor IRR by tranche

Law Firm 4
To date, 1,834 claims were funded via 12 SPVs. The net investor returns and IRRs for the first 9 SPVs are shown in Figures 7-8 below. The dots show the investor net gains (Figure 7) and IRRs (Figure 8) by tranche and time of the tranche payment. For example, looking at SPV1 funded in December 2023, the first 10%-tranche had a net investor gain of 12.2% (IRR of 12.4%) in December 2024, 12 months after the Offer launch, followed by returns of 22.4% (IRR of 17.1%), 35.2% (IRR of 19.3%), 43.2% (IRR of 20.2%) and 53.7% (IRR of 20.4%) from the subsequent tranches paid to investors between March 2025-March 2026.
In total, 27 10%-tranches have been repaid to date, together comprising 415 resolved claims (out of 1,387 claims funded by these 9 SPVs). The average net gain and annualised IRR to investors across the settled claims is 22.4% and 15.6%, respectively.
Contractually, claims that settle after a longer period tend to generate a higher return, e.g. the 5th tranche of SPV1 has generated returns of 53.7% (IRR of 20.4%).
Figure 7: Law Firm 4 investor net return by tranche

Figure 8: Law Firm 4 investor IRR by tranche

Law Firm 5
To date, 2,109 claims were funded via 13 SPVs. The net investor returns and IRRs for the first 9 SPVs are shown in Figures 9-10 below. The dots show the investor net gains (Figure 9) and IRRs (Figure 10) by tranche and time of the tranche payment. For example, looking at SPV1 funded in January 2025, the first 10%-tranche had a net investor gain of 5.5% (IRR of 9.7%) in August 2025, 7 months after the Offer launch, followed by returns of 9.5% (IRR of 13.7%), 16.4% (IRR of 18.7%) and 22.0% (IRR of 19.0%) from the subsequent tranches paid to investors between September 2025-February 2026.
In total, 18 10%-tranches have been repaid to date, together comprising 302 resolved claims (out of 1,524 claims funded by these 9 SPVs). The average net gain and annualised IRR to investors across the settled claims is 10.3% and 13.3%, respectively.
Contractually, claims that settle after a longer period tend to generate a higher return, e.g. the 4th tranche of SPV1 has generated returns of 22.0% (IRR of 19.0%).
Figure 9: Law Firm 5 investor net return by tranche

Figure 10: Law Firm 5 investor IRR by tranche

PORTFOLIO CLAIMS - DIESEL EMISSION CLAIMS
Additionally, AxiaFunder raised £1,860,000 for diesel emission claims against different car manufacturers via 4 SPVs. There have been no repayments to investors yet. If all the diesel claims settled today, investors would have an average net gain in the range of approximately 160%-175%.