Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during 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.
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11. Omnipresent $15.8M
Round: Series A
Description: Omnipresent provides a human resource and onboarding platform designed to help companies employ remote-working local teams worldwide. Founded by Guenther Eisinger and Matthew Wilson in 2019, Omnipresent has now raised a total of $17.8M in total equity funding and is backed by investors that include Entrepreneur First, Episode 1, Playfair Capital, TrueSight Ventures, and Charlie Songhurst.
Investors in the round: Chris Priebe, Episode 1, Playfair Capital, TrueSight Ventures
Industry: Employment, Human Resources, Management Information Systems, Recruiting
Founders: Guenther Eisinger, Matthew Wilson
Founding year: 2019
Total equity funding raised: $17.8M
London TechWatch’s exclusive coverage of this round: Omnipresent Raises £11M to Help Companies Manage Their Remote and International Workforces
10. Weezy $20.0M
Round: Series A
Description: Weezy is an online supermarket platform designed for on-demand grocery shopping. Founded by Alec Dent and Kristof Van Beveren in 2019, Weezy has now raised a total of $21.3M in total equity funding and is backed by investors that include DN Capital, Heartcore Capital, and Left Lane Capital.
Investors in the round: DN Capital, Heartcore Capital, Left Lane Capital
Industry: Apps, Food Delivery
Founders: Alec Dent, Kristof Van Beveren
Founding year: 2019
Total equity funding raised: $21.3M
10. Wintermute Trading $20.0M
Round: Series B
Description: Wintermute Trading is a crypto market maker focused on high-frequency algorithmic trading and market making services. Founded by Evgeny Gaevoy, Harro Mantel, and Yoann Turpin in 2017, Wintermute Trading has now raised a total of $23.8M in total equity funding and is backed by investors that include Lightspeed Venture Partners, Pantera Capital, Kenetic, Rockaway Blockchain Fund, and Hack VC.
Investors in the round: Avon Ventures, Blockchain.com Ventures, DeFi Alliance, Hack VC, Kenetic, Lightspeed Venture Partners, Pantera Capital, Rockaway Blockchain Fund, Sino Global Capital
Industry: Financial Services
Founders: Evgeny Gaevoy, Harro Mantel, Yoann Turpin
Founding year: 2017
Total equity funding raised: $23.8M
9. Too Good To Go $31.1M
Round: Venture
Description: Too Good To Go develops an app for fighting food waste and saving delicious food. Founded by Chris Wilson, Jamie Crummie, and Klaus B. Pedersen in 2015, Too Good To Go has now raised a total of $44.4M in total equity funding and is backed by investors that include blisce/, Mike Lee, Preben Damgaard, Jesper Lindhardt, and Javier A. Amigo Miranda.
Investors in the round: blisce/
Industry: Food and Beverage, Software, Waste Management
Founders: Chris Wilson, Jamie Crummie, Klaus B. Pedersen
Founding year: 2015
Total equity funding raised: $44.4M
8. Multiverse $44.0M
Round: Series B
Description: Multiverse is a tech startup that matches talent who have not graduated from college with apprenticeship opportunities. Founded by Euan Blair and Sophie Adelman in 2016, Multiverse has now raised a total of $64.0M in total equity funding and is backed by investors that include General Catalyst, Salesforce Ventures, GV, Village Global, and Index Ventures.
Investors in the round: Anne Wojcicki, Audacious Ventures, General Catalyst, GV, Index Ventures, Jeremy Darroch, John Thompson, Latitude, Lightspeed Venture Partners, SemperVirens Venture Capital
Industry: Career Planning, Communities, Corporate Training, EdTech, Higher Education, Training
Founders: Euan Blair, Sophie Adelman
Founding year: 2016
Total equity funding raised: $64.0M
7. Curve $95.0M
Round: Series C
Description: Curve is a banking platform that consolidates cards and accounts into one smart card and app. Founded by Anna Mostyn-Williams, Shachar Bialick, and Tom Foster-Carter in 2015, Curve has now raised a total of $169.3M in total equity funding and is backed by investors that include Seedcamp, Crowdcube, OneMain Financial, Vulcan Capital, and Speedinvest.
Investors in the round: Fuel Venture Capital, IDC Ventures, Novum Capital, OneMain Financial, Vulcan Capital
Industry: Apps, Banking, Financial Services, FinTech, Payments
Founders: Anna Mostyn-Williams, Shachar Bialick, Tom Foster-Carter
Founding year: 2015
Total equity funding raised: $169.3M
6. Bloom & Wild £75.0M
Round: Series D
Description: Bloom & Wild is an online flower delivery platform developing a modern approach for sending flowers to loved ones. Founded by Aron Gelbard and Ben Stanway in 2013, Bloom & Wild has now raised a total of £96.3M in total equity funding and is backed by investors that include General Catalyst, Index Ventures, MMC Ventures, Burda Principal Investments, and Latitude.
Investors in the round: Burda Principal Investments, D4 Ventures, General Catalyst, Index Ventures, Latitude, Novator
Industry: Analytics, Delivery, E-Commerce, Gift
Founders: Aron Gelbard, Ben Stanway
Founding year: 2013
Total equity funding raised: £96.3M
5. Deliveroo $180.0M
Round: Series H
Description: Deliveroo owns and operates an online food delivery platform in the United Kingdom. Founded by Greg Orlowski and William Shu in 2012, Deliveroo has now raised a total of $1.7B in total equity funding and is backed by investors that include General Catalyst, T. Rowe Price, DST Global, Greenoaks Capital, and Fidelity Management and Research Company.
Investors in the round: Durable Capital Partners, Fidelity Management and Research Company
Industry: Delivery, Food and Beverage, Food Delivery, Restaurants, Same Day Delivery
Founders: Greg Orlowski, William Shu
Founding year: 2012
Total equity funding raised: $1.7B
4. PPRO $188.0M
Round: Venture
Description: PPRO is a provider of local payment infrastructure for online commerce. Founded by Philipp Nieland and Tobias Schreyer in 2006, PPRO has now raised a total of $280.0M in total equity funding and is backed by investors that include Wellington Management, Citi Ventures, Claret Capital Partners, Eurazeo, and PayPal Ventures.
Investors in the round: Eurazeo, Sprints Capital, Wellington Management
Industry: Financial Services, FinTech, Payments
Founders: Philipp Nieland, Tobias Schreyer
Founding year: 2006
Total equity funding raised: $280.0M
London TechWatch’s exclusive coverage of this round: Local Payments Platform PPRO Raises $188M to Become London’s Newest Unicorns
3. Rapyd $300.0M
Round: Series D
Description: Rapyd is a payments platform that inserts fintech services into any app and simplifies the complex offering of local payment methods. Founded by Arik Shtilman, Arkady Karpman, and Omer Priel in 2016, Rapyd has now raised a total of $470.0M in total equity funding and is backed by investors that include General Catalyst, FJ Labs, Spark Capital, Stripe, and Tiger Global Management.
Investors in the round: Avid Ventures, Coatue, Durable Capital Partners, Entree Capital, FJ Labs, General Catalyst, Latitude, LVL1 Group, Oak HC/FT, Spark Capital, Tal Capital, Target Global, Tiger Global Management
Industry: Finance, Financial Services, FinTech, Mobile Payments, Payments
Founders: Arik Shtilman, Arkady Karpman, Omer Priel
Founding year: 2016
Total equity funding raised: $470.0M
2. OneWeb $400.0M
Round: Venture
Description: OneWeb is building a space-based global communications network that delivers high-speed, low latency internet access. Founded by Greg Wyler in 2012, OneWeb has now raised a total of $3.4B in total equity funding and is backed by investors that include SoftBank, Qualcomm, Qualcomm Ventures, Airbus, and SoftBank Capital.
Investors in the round: Hughes Network Systems, SoftBank Capital
Industry: Aerospace, Database, Internet, Satellite Communication, Telecommunications
Founders: Greg Wyler
Founding year: 2012
Total equity funding raised: $3.4B
1. Checkout.com $450.0M
Round: Series C
Description: Checkout.com is an API-based platform providing online payment solutions that improve the user’s checkout experience. Founded by Guillaume Pousaz in 2012, Checkout.com has now raised a total of $830.0M in total equity funding and is backed by investors that include DST Global, GIC, Tiger Global Management, Greenoaks Capital, and Insight Partners.
Investors in the round: Blossom Capital, Coatue, DST Global, Endeavor Catalyst, GIC, Greenoaks Capital, Insight Partners, Tiger Global Management
Industry: E-Commerce, FinTech, Payments, Transaction Processing
Founders: Guillaume Pousaz
Founding year: 2012
Total equity funding raised: $830.0M
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