Dave Palmer is a Partner at Ten Eleven Ventures with over twenty years in cybersecurity, previously co-founding Darktrace and serving in UK intelligence. He holds a computer science degree from the University of Birmingham.

What Dave can write

Writes checks of$1M to $30M
Comes in atPre-seed, Seed, Series A, Series BCan lead the round
Ownership target7-10%At first check
Pitch pageSubmit on their siteThe firm asks founders to apply here.

Ten Eleven Ventures writes $1M to $30M checks, larger than 83% of firms in the atlas.

Bars: how many firms report each check band. Highlighted: Ten Eleven Ventures.

Career

  1. UK Intelligence Agencies
  2. Darktrace · Co-founder and Chief Product Officer
  3. Ten Eleven Ventures · Partner
    Now
  4. UK Intelligence Agencies

Companies founded

Darktrace

Focus

cybersecurityaidefence

Education

University of Birmingham, first-class honours degree in Computer Science and Software Engineering

Also at Ten Eleven Ventures

Partners like Dave

At firms with a similar stage, sector and check size.

Alert me when Ten Eleven Ventures is active

One email when Dave's firm raises a fund, adds a partner or shows new activity.

Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Questions

Who is Dave Palmer?

Dave Palmer is a Partner at Ten Eleven Ventures with over twenty years in cybersecurity, previously co-founding Darktrace and serving in UK intelligence. He holds a computer science degree from the University of Birmingham.

How much does Dave Palmer invest?

Dave Palmer invests through Ten Eleven Ventures, which writes checks of $1M to $30M at pre-seed, seed, series a, series b.

How do I pitch Dave Palmer?

A warm intro from a founder Ten Eleven Ventures backed works best. A short LinkedIn note with one line on traction is the next best route.

What did Dave Palmer do before Ten Eleven Ventures?

UK Intelligence Agencies; Co-founder and Chief Product Officer at Darktrace; UK Intelligence Agencies.

Last updated 2026-10-15. Is this you? Ask for a correction.