Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of May. 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.
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
12. Panaseer $26.5M
Round: Series B
Description: Panaseer helps businesses make informed, risk-based security decisions. Founded by Charaka Goonatilake, Mike MacIntyre, Nik Whitfield, and Sophie Harrison in 2014, Panaseer has now raised a total of $42.0M in total equity funding and is backed by investors that include Notion Capital, Cisco, Evolution Equity Partners, AlbionVC, and National Grid Partners (NGP).
Investors in the round: AlbionVC, AllegisCyber, Cisco, Evolution Equity Partners, National Grid Partners (NGP), Notion Capital, Paladin Capital Group
Industry: Big Data, Cyber Security, Enterprise Software, Information Technology
Founders: Charaka Goonatilake, Mike MacIntyre, Nik Whitfield, Sophie Harrison
Founding year: 2014
Total equity funding raised: $42.0M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
11. Smol £24.0M
Round: Series B
Description: Smol is a homecare startup that delivers eco-friendly laundry capsules and dishwasher tablets to people’s homes. Founded by Nick Green and Paula Quazi in 2018, Smol has now raised a total of £32.0M in total equity funding and is backed by investors that include Balderton Capital, GV, Eight Roads Ventures, JamJar Investments, and Latitude.
Investors in the round: Balderton Capital, Eight Roads Ventures, GV, JamJar Investments, Latitude
Industry: Consumer Goods, Home Health Care, Laundry and Dry-cleaning
Founders: Nick Green, Paula Quazi
Founding year: 2018
Total equity funding raised: £32.0M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
10. Zencargo £30.0M
Round: Series B
Description: Zencargo is a logistics company that simplifies global trade by offering digital freight services to help businesses thrive. Founded by Alex Hersham, Jan Riethmayer, and Richard Fattal in 2017, Zencargo has now raised a total of $66.4M in total equity funding and is backed by investors that include LocalGlobe, Picus Capital, HV Capital, Force Over Mass Capital, and Digital+ Partners.
Investors in the round: Digital+ Partners, HV Capital
Industry: Freight Service, Logistics, SaaS, Shipping, Supply Chain Management
Founders: Alex Hersham, Jan Riethmayer, Richard Fattal
Founding year: 2017
Total equity funding raised: $66.4M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
9. Faculty Science £30.0M
Round: Series A
Description: Faculty provides data science and engineering training services. Founded by Angie Ma and Marc Warner in 2014, Faculty Science has now raised a total of £38.0M in total equity funding and is backed by investors that include Apax Digital, Cambridge Angels group, Upscale, and GMG Ventures.
Investors in the round: Apax Digital
Industry: Artificial Intelligence, Consumer Electronics, Electronics, Information Technology, Machine Learning
Founders: Angie Ma, Marc Warner
Founding year: 2014
Total equity funding raised: £38.0M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
8. Unmind $47.0M
Round: Series B
Description: Unmind is a B2B mental health platform providing clinically-backed tools and training. Founded by Nick Taylor, Nick Tong, Ry Morgan, and Steve Peralta in 2016, Unmind has now raised a total of $63.2M in total equity funding and is backed by investors that include EQT Ventures, Sapphire Ventures, Project A Ventures, True., and Felix Capital.
Investors in the round: EQT Ventures, Felix Capital, Project A Ventures, Sapphire Ventures, True.
Industry: B2B, Employee Benefits, Enterprise Software, Health Care, mHealth, Training
Founders: Nick Taylor, Nick Tong, Ry Morgan, Steve Peralta
Founding year: 2016
Total equity funding raised: $63.2M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
7. Copper $50.0M
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 $59.3M in total equity funding and is backed by investors that include LocalGlobe, Target Global, MMC Ventures, Dawn Capital, and Illuminate Financial.
Investors in the round: Dawn Capital, Illuminate Financial, LocalGlobe, MMC Ventures, Target Global
Industry: Finance, Financial Exchanges, Financial Services
Founders: Dmitry Tokarev
Founding year: 2018
Total equity funding raised: $59.3M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
6. Tessian $65.0M
Round: Series C
Description: Tessian creates a Human Layer Security that helps people work without security disruptions getting in the way. Founded by Edward Bishop, Thomas Adams, and Tim Sadler in 2013, Tessian has now raised a total of $123.7M in total equity funding and is backed by investors that include Accel, Sequoia Capital, Balderton Capital, LocalGlobe, and March Capital.
Investors in the round: Accel, Balderton Capital, Latitude, March Capital, Schroder Adveq, Sequoia Capital
Industry: Artificial Intelligence, Cyber Security, Email, Machine Learning, Professional Services
Founders: Edward Bishop, Thomas Adams, Tim Sadler
Founding year: 2013
Total equity funding raised: $123.7M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
5. Uncapped $80.0M
Round: Venture
Description: Uncapped is a provider of revenue-based financing that enables founders to raise growth capital without interest or equity. Founded by Asher Ismail and Piotr Pisarz in 2019, Uncapped has now raised a total of $118.9M in total equity funding and is backed by investors that include Seedcamp, White Star Capital, Lakestar, Global Founders Capital, and Mouro Capital.
Investors in the round: All Iron Ventures, David Rosskamp, Global Founders Capital, Lakestar, Mouro Capital, Seedcamp, White Star Capital
Industry: Finance, Financial Services, FinTech, Payments
Founders: Asher Ismail, Piotr Pisarz
Founding year: 2019
Total equity funding raised: $118.9M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
4. Lyst $85.0M
Round: Venture
Description: Lyst is a global fashion search platform that allows users to browse through thousands of online fashion stores. Founded by Chris Morton, Devin Hunt, and Sebastjan Trepca in 2010, Lyst has now raised a total of $144.0M in total equity funding and is backed by investors that include Accel, Draper Esprit, Balderton Capital, Future Fifty, and Susa Ventures.
Investors in the round: 14W, Accel, Balderton Capital, C4 Ventures, Carmen Busquets, Draper Esprit, Fidelity International, Giano Ventures, LVMH, Novator, Venrex
Industry: E-Commerce, Fashion, Search Engine, Shopping
Founders: Chris Morton, Devin Hunt, Sebastjan Trepca
Founding year: 2010
Total equity funding raised: $144.0M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
3. Pulmocide $92.0M
Round: Series C
Description: Pulmocide is focused on the development of inhaled medicines for the treatment of viral and fungal infections of the respiratory tract. Founded by Garth Rapeport and Pete Strong in 2013, Pulmocide has now raised a total of $150.0M in total equity funding and is backed by investors that include IP Group Plc, SV Health Investors, F-Prime Capital, Longwood Fund, and Johnson & Johnson Innovation – JJDC.
Investors in the round: Adjuvant Capital, Asahi Kasei Pharma, F-Prime Capital, IP Group Plc, Jeito Capital, Johnson & Johnson Innovation – JJDC, Longwood Fund, SR One, SV Health Investors
Industry: Biotechnology, Health Care, Health Diagnostics, Medical, Medical Device
Founders: Garth Rapeport, Pete Strong
Founding year: 2013
Total equity funding raised: $150.0M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
2. Paysend £88.0M
Round: Series B
Description: Paysend is a financial technology platform that enables any bank card (Visa or MasterCard) to send and receive money worldwide. Founded by Abdul Abdulkerimov and Ronald Millar in 2017, Paysend has now raised a total of $157.6M in total equity funding and is backed by investors that include Plug and Play Tech Center, One Peak Partners, InfraVia Capital Partners, Hermes GPE, and GVA Capital.
Investors in the round: Hermes GPE, InfraVia Capital Partners, One Peak Partners, Plug and Play Tech Center
Industry: Financial Services, FinTech, Mobile Payments, Payments
Founders: Abdul Abdulkerimov, Ronald Millar
Founding year: 2017
Total equity funding raised: $157.6M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
1. Huma $130.0M
Round: Series C
Description: Huma provides a digital health platform used for predictive care and research. Founded by Dan Vahdat and Rich Khatib in 2011, Huma has now raised a total of $184.0M in total equity funding and is backed by investors that include Bayer, Sony Innovation Fund, Unilever Ventures, Healthbox, and Samsung NEXT.
Investors in the round: HAT Technology & Innovation Fund, Hitachi Ventures, Leaps by Bayer, Michael Diekmann, Nikesh Arora, Samsung NEXT, Sony Innovation Fund, Unilever Ventures
Industry: Health Care, Information Technology, Management Information Systems, mHealth
Founders: Dan Vahdat, Rich Khatib
Founding year: 2011
Total equity funding raised: $184.0M
The Australian Trade and Investment Commission, in partnership with NUMA New York, invites you to Demo Day to meet the 10 most innovative US-bound Australian startups in FinTech, RegTech, InsurTech, and Big Data! Sign up before 6/17 for an exclusive invitation to Demo Day here.
