Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of January. 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.
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
7. Cushon £35.0M
Round: Venture
Description: Cushon is a fintech company that provides investment, pension, financial wellbeing and workplace savings. Founded by Ben Pollard and Phil Hollingdale in 2014, Cushon has now raised a total of £52.2M in total equity funding and is backed by Augmentum Fintech, AshGrove Capital, and Major Oak.
Investors in the round: AshGrove Capital, Augmentum Fintech
Industry: Banking, Financial Services, FinTech, Venture Capital
Founders: Ben Pollard, Phil Hollingdale
Founding year: 2014
Total equity funding raised: £52.2M
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
6. Moneyfarm £44.1M
Round: Series D
Description: Moneyfarm is a digital wealth manager that offers online financial advisory and investment services. Founded by Giovanni Dapra and Paolo Galvani in 2011, Moneyfarm has now raised a total of $186.8M in total equity funding and is backed by Allianz, M&G Investments, Allianz X, Endeavor Catalyst, and United Ventures.
Investors in the round: M&G Investments, Poste Italiane S.p.A.
Industry: Advice, Financial Services, FinTech, Wealth Management
Founders: Giovanni Dapra, Paolo Galvani
Founding year: 2011
Total equity funding raised: $186.8M
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
6. BCB Group £44.0M
Round: Series A
Description: BCB Group is Europe’s leading crypto-dedicated payment services provider, offering payment services in 20+ currencies, FX, cryptocurrency liquidity, and digital asset custody. Founded by Oliver Tonkin and Oliver von Landsberg-Sadie in 2017, BCB Group has now raised a total of $63.8M in total equity funding and is backed by Profluent Ventures, Digital Currency Group, Nexo, Circle, and Foundation Capital.
Investors in the round: BACKED VC, Blockchain.com, Circle, Cowa Ventures, Digital Currency Group, Foundation Capital, L1 Digital, LAUNCHub Ventures, Menai Financial Group, Nexo, North Island Ventures, Pantera Capital, PayU, Profluent Ventures, Rockaway Blockchain Fund, tokentus investment AG, Wintermute Trading
Industry: Cryptocurrency, Financial Services
Founders: Oliver Tonkin, Oliver von Landsberg-Sadie
Founding year: 2017
Total equity funding raised: $63.8M
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
5. Cognism £64.0M
Round: Series C
Description: Cognism is a B2B sales acceleration software company that provides a marketing and sales acceleration solution. Founded by James Isilay and Stjepan Buljat in 2015, Cognism has now raised a total of $126.7M in total equity funding and is backed by Verve Ventures, SFC Capital, Viking Global Investors, Blue Cloud Ventures, and AXA Venture Partners.
Investors in the round: AXA Venture Partners, Blue Cloud Ventures, Swisscom Ventures, Viking Global Investors, Volution Capital Management LLC
Industry: Analytics, Artificial Intelligence, Lead Generation, Lead Management, Machine Learning, Marketing Automation, SaaS, Sales Automation, Software
Founders: James Isilay, Stjepan Buljat
Founding year: 2015
Total equity funding raised: $126.7M
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
4. InstaDeep $100.0M
Round: Series B
Description: InstaDeep delivers AI-powered decision-making systems for the Enterprise, to solve some of the world’s most complex industrial problems. Founded by Karim Beguir and Zohra Slim in 2015, InstaDeep has now raised a total of $107.0M in total equity funding and is backed by Google, Group 42, BioNTech, Plug and Play Tech Center, and Chimera Investment.
Investors in the round: Alpha Intelligence Capital, BioNTech, CDIB Capital, Chimera Investment, Deutsche Bahn Digital Ventures, Google, Group 42
Industry: Artificial Intelligence
Founders: Karim Beguir, Zohra Slim
Founding year: 2015
Total equity funding raised: $107.0M
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
3. Gousto £74.0M
Round: Venture
Description: Gousto is an online meal-kit manufacturer and retailer, using AI and automation to provide extensive choice and personalisation. Founded by James Carter and Timo Boldt in 2012, Gousto has now raised a total of $311.4M in total equity funding and is backed by SoftBank Vision Fund, HSBC, Barclays, Business Growth Fund, and MMC Ventures.
Investors in the round: SoftBank Vision Fund
Industry: E-Commerce, Food and Beverage, Food Delivery, Food Processing, Subscription Service
Founders: James Carter, Timo Boldt
Founding year: 2012
Total equity funding raised: $311.4M
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
2. Wayve $200.0M
Round: Series B
Description: Wayve uses end-to-end deep learning to develop artificial intelligence capable of complex driving. Founded by Alex Kendall and Amar Shah in 2017, Wayve has now raised a total of $256.6M in total equity funding and is backed by Microsoft, Ocado Group, Baillie Gifford, D1 Capital Partners, and Compound.
Investors in the round: Baillie Gifford, Balderton, Compound, D1 Capital Partners, David Richter, Eclipse Ventures, Linda Levinson, Linse Capital, Microsoft, Moore Strategic Ventures, Ocado Group, Pieter Abbeel, Richard Branson, Rosemary Leith, Virgin Group, Yann LeCun
Industry: Artificial Intelligence, Autonomous Vehicles, Electric Vehicle, Machine Learning, Software
Founders: Alex Kendall, Amar Shah
Founding year: 2017
Total equity funding raised: $256.6M
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
1. Checkout.com $1.0B
Round: Series D
Description: Checkout.com is a global payments solution provider on a mission to enable businesses and their communities to thrive in the digital economy Founded by Guillaume Pousaz in 2012, Checkout.com has now raised a total of $1.8B in total equity funding and is backed by Google, Ribbit Capital, Tiger Global Management, Insight Partners, and Coatue.
Investors in the round: Altimeter, Blossom Capital, Coatue, Dragoneer Investment Group, DST Global, Endeavor Catalyst, Franklin Templeton Investments, GIC, Google, Insight Partners, Qatar Investment Authority, Ribbit Capital, Tiger Global Management
Industry: E-Commerce, FinTech, Payments, Transaction Processing
Founders: Guillaume Pousaz
Founding year: 2012
Total equity funding raised: $1.8B
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
