Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of June. I have included some additional information as well such as industry, founding year, brief funding description, founders, total funding raised, to further the analysis for the state of venture capital in London. For the purposes of this analysis, only equity funding rounds were considered.
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
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- Keys to high-impact outreach that gets attention.
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17. Lick $23.0M
Round: Series A
Description: Lick Home is a home decor brand. Founded by Lucas London and Sam Bradley in 2019, Lick has now raised a total of $28.0M in total equity funding and is backed by investors that include OMERS Ventures, Ascension, Felix Capital, JamJar Investments, and Talis Capital.
Investors in the round: Alexander Edward Chesterman, Felix Capital, Kathaka, Magnus Rausing, OMERS Ventures
Industry: Consumer Goods, E-Commerce
Founders: Lucas London, Sam Bradley
Founding year: 2019
Total equity funding raised: $28.0M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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16. Antidote.me $23.2M
Round: Venture
Description: Antidote is a digital health company that accelerates and improves medical research by combining technologies, data, and business models. Founded by Eithan Ephrati, Jessica Mann, and Pablo Graiver in 2010, Antidote.me has now raised a total of $52.1M in total equity funding and is backed by investors that include Octopus Ventures, Amadeus Capital Partners, Merck Global Health Innovation Fund, Smedvig Capital, and LBO France.
Investors in the round: LBO France, Merck Global Health Innovation Fund, Octopus Ventures, Smedvig Capital
Industry: Biotechnology, Health Care, Health Diagnostics, Medical, Pharmaceutical
Founders: Eithan Ephrati, Jessica Mann, Pablo Graiver
Founding year: 2010
Total equity funding raised: $52.1M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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15. Volt.io $23.5M
Round: Series A
Description: Volt is a digital payments gateway enabling PSD2 bank direct payment services in Europe; a solution that displaces incumbent payment participants, reducing the cost and complexity of point-of-sale transactions. Founded by Tom Greenwood and Jordan Lawrence in 2019, Volt.io has now raised a total of $24.8M in total equity funding and is backed by investors that include EQT Ventures, Augmentum Fintech, Fuel Ventures, Robert Kraal, and Gabriel De Montessus.
Investors in the round: Augmentum Fintech, EQT Ventures, Fuel Ventures, Gabriel De Montessus, Robert Kraal
Industry: Financial Services, FinTech
Founders: Tom Greenwood, Jordan Lawrence
Founding year: 2019
Total equity funding raised: $24.8M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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14. Copper $25.0M
Round: Series B
Description: Copper is a cryptocurrency custody firm that provides a secure infrastructure for the institutional digital asset investment community. Founded by Dmitry Tokarev in 2018, Copper has now raised a total of $85.0M in total equity funding and is backed by investors that include Target Global, LocalGlobe, MMC Ventures, Dawn Capital, and Illuminate Financial.
Investors in the round: Alan Howard
Industry: Finance, Financial Exchanges, Financial Services
Founders: Dmitry Tokarev
Founding year: 2018
Total equity funding raised: $85.0M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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13. XYZ Reality £20.0M
Round: Series A
Description: XYZ Reality is disrupting the Construction Industry with a unique Augmented Reality solution able to reduce project costs by up to 20%. Founded by David Mitchell, Murray Hendriksen, and Umar Ahmed in 2017, XYZ Reality has now raised a total of $36.0M in total equity funding and is backed by investors that include Octopus Ventures, Amadeus Capital Partners, Adara Ventures, Hoxton Ventures, and Tishman Speyer.
Investors in the round: Activum, Adara Ventures, Amadeus Capital Partners, Hoxton Ventures, Octopus Ventures, Optimas Capital Partners Fund, Tishman Speyer
Industry: Augmented Reality, Computer, Construction, Hardware
Founders: David Mitchell, Murray Hendriksen, Umar Ahmed
Founding year: 2017
Total equity funding raised: $36.0M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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12. eStoreMedia.com £21.1M
Round: Series A
Description: eStoreMedia provides an e-commerce automation suite that helps Fortune 500 Brands accelerate online sales. Founded by Bartosz Kielbinski in 2009, eStoreMedia.com is backed by investors that include Digital+ Partners and Kennet Partners.
Investors in the round: Digital+ Partners, Kennet Partners
Industry: Brand Marketing, Digital Media, E-Commerce, E-Commerce Platforms, Software
Founders: Bartosz Kielbinski
Founding year: 2009
Total equity funding raised: £21.1M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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11. Divido $30.0M
Round: Series B
Description: Divido is a global white label consumer lending platform for financial institutions and multinational retailers. Founded by Anders Hallsten, Christer Holloman, and Fredrik Borgquist in 2014, Divido has now raised a total of $48.7M in total equity funding and is backed by investors that include Mastercard, Innovate UK, DN Capital, HSBC, and IQ Capital.
Investors in the round: American Express Ventures, Dawn Capital, DG Daiwa Ventures, DN Capital, GlobalBrain, HSBC, ING Group, ING Ventures, IQ Capital, OCS Group, SBI Investment, Sony Innovation Fund
Industry: Consumer Lending, E-Commerce, Financial Services, FinTech, Payments
Founders: Anders Hallsten, Christer Holloman, Fredrik Borgquist
Founding year: 2014
Total equity funding raised: $48.7M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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10. Generation Home $30.4M
Round: Series A
Description: Generation Home is a new mortgage lender dedicated to making homeownership work better for everyone. Founded by Sophia Guy-White and William Rice in 2019, Generation Home has now raised a total of $38.9M in total equity funding and is backed by investors that include Entree Capital, La Famiglia, Firstminute Capital, Third Kind Venture Capital, and JamJar Investments.
Investors in the round: Entree Capital, Firstminute Capital, JamJar Investments, Joe Cross, Julia Hartz, Kevin Hartz, La Famiglia, Mithril Capital Management, Third Kind Venture Capital, Tom Blomfield
Industry: Finance, Financial Services
Founders: Sophia Guy-White, William Rice
Founding year: 2019
Total equity funding raised: $38.9M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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9. Tractable $60.0M
Round: Series D
Description: Tractable is a software company that develops artificial intelligence for accident and disaster recovery. Founded by Adrien Cohen, Alexandre Dalyac, and Razvan Ranca in 2014, Tractable has now raised a total of $119.9M in total equity funding and is backed by investors that include Entrepreneur First, Insight Partners, Acequia Capital (AceCap), Charlie Songhurst, and Plug and Play Tech Center.
Investors in the round: Georgian, Insight Partners
Industry: Artificial Intelligence, Computer Vision, Insurance, Machine Learning, Software
Founders: Adrien Cohen, Alexandre Dalyac, Razvan Ranca
Founding year: 2014
Total equity funding raised: $119.9M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
REGISTER NOW
8. Motorway £48.0M
Round: Series B
Description: Motorway is the next-generation used car marketplace. Founded by Alex Buttle, Harry Jones, and Tom Leathes in 2017, Motorway has now raised a total of £62.3M in total equity funding and is backed by investors that include Index Ventures, LocalGlobe, Founder Collective, BMW i Ventures, and Unbound.
Investors in the round: BMW i Ventures, Founder Collective, Index Ventures, Latitude Investment Management, Marchmont Ventures, Unbound
Industry: Automotive, Consumer Reviews, E-Commerce, Electric Vehicle, Marketplace
Founders: Alex Buttle, Harry Jones, Tom Leathes
Founding year: 2017
Total equity funding raised: £62.3M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
REGISTER NOW
7. Ably Realtime $70.0M
Round: Series B
Description: Ably is the platform to power synchronized digital experiences in realtime. Founded by Matthew O’Riordan and Paddy Byers in 2016, Ably Realtime has now raised a total of $78.3M in total equity funding and is backed by investors that include Insight Partners, Dawn Capital, MMC Ventures, Forward Partners, and Triple Point Ventures.
Investors in the round: Dawn Capital, Insight Partners
Industry: Cloud Computing, Cloud Data Services, Cloud Infrastructure, Internet of Things, Messaging, Mobile, Real Time
Founders: Matthew O’Riordan, Paddy Byers
Founding year: 2016
Total equity funding raised: $78.3M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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6. Fresha $100.0M
Round: Series C
Description: Fresha provides an online platform for booking beauty and wellness appointments with local businesses. Founded by Nick Miller and William Zeqiri in 2015, Fresha has now raised a total of $127.5M in total equity funding and is backed by investors that include General Atlantic, FJ Labs, Target Global, Partech, and Lugard Road Capital.
Investors in the round: FJ Labs, FMZ Ventures, General Atlantic, Huda Kattan, Lugard Road Capital, Partech, Target Global
Industry: Beauty, Marketplace, SaaS, Scheduling
Founders: Nick Miller, William Zeqiri
Founding year: 2015
Total equity funding raised: $127.5M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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5. Beamery $138.0M
Round: Series C
Description: Beamery is a talent acquisition, engagement, and retention platform that manages sourcing, hiring, and retaining of people. Founded by Abakar Saidov, Michael Paterson, and Sultan Murad Saidov in 2014, Beamery has now raised a total of $173.0M in total equity funding and is backed by investors that include EQT Ventures, Index Ventures, LocalGlobe, Ontario Teachers’ Pension Plan, and Accenture Ventures.
Investors in the round: Accenture Ventures, Edenred Capital Partners, EQT Ventures, Index Ventures, M12, Ontario Teachers’ Pension Plan, Workday Ventures
Industry: Enterprise Software, Human Resources, Marketing Automation, Recruiting, SaaS
Founders: Abakar Saidov, Michael Paterson, Sultan Murad Saidov
Founding year: 2014
Total equity funding raised: $173.0M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
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4. DNA Payments £100.0M
Round: Venture
Description: DNA Payments is committed to build a transparent business model, so that customers can easily track their money at each stage. Founded by Arif Babayev and Nurlan Zhagiparov in 2018, DNA Payments is backed by investors that include Alchemy Partners.
Investors in the round: Alchemy Partners
Industry: Payments
Founders: Arif Babayev, Nurlan Zhagiparov
Founding year: 2018
Total equity funding raised: £100.0M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
REGISTER NOW
3. Smart Pension £110.0M
Round: Series D
Description: Smart Pension is a workplace pension tailored specifically for UK businesses. Founded by Andrew Evans and Will Wynne in 2014, Smart Pension has now raised a total of $177.0M in total equity funding and is backed by investors that include Chris Adelsbach, Graze, Chrysalis Investments, LOVEFiLM, and Link Group.
Investors in the round: Chrysalis Investments
Industry: Financial Services, FinTech, Information Technology
Founders: Andrew Evans, Will Wynne
Founding year: 2014
Total equity funding raised: $177.0M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
REGISTER NOW
2. 10xbanking $187.0M
Round: Series C
Description: 10xbanking offers a digital banking platform that will transform the way financial services providers operate. Founded by Antony Jenkins and Brad Goodall in 2016, 10xbanking has now raised a total of $252.5M in total equity funding and is backed by investors that include BlackRock, Nationwide Building Society, Canada Pension Plan Investment Board, JPMorgan Chase & Co., and Westpac.
Investors in the round: BlackRock, Canada Pension Plan Investment Board, JPMorgan Chase & Co., Nationwide Building Society, Ping An Global Voyager, Westpac
Industry: Banking, Financial Services, FinTech, Software
Founders: Antony Jenkins, Brad Goodall
Founding year: 2016
Total equity funding raised: $252.5M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
REGISTER NOW
1. Bought By Many $350.0M
Round: Series D
Description: Bought By Many is a pet InsurTech company that provides insurance products and a streamlined customer experience. Founded by Guy Farley and Steven Mendel in 2012, Bought By Many has now raised a total of $483.0M in total equity funding and is backed by investors that include EQT, Octopus Ventures, FTV Capital, Future Fifty, and CommerzVentures.
Investors in the round: CommerzVentures, EQT, FTV Capital, Munich Re Ventures, Octopus Ventures, Willoughby Capital
Industry: Finance, FinTech, Insurance, InsurTech, Pet
Founders: Guy Farley, Steven Mendel
Founding year: 2012
Total equity funding raised: $483.0M
You can’t always count on inbound deal flow. The best deal-making firms have a systematic process for building a pre-deal pipeline that is bursting with potential. Register for SourceScrub‘s webinar to learn:
- What it takes to systematically build a deal pipeline full of potential
- How to measure and optimize outbound performance
- Keys to high-impact outreach that gets attention.
