Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of December. 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.
1. Monzo $475.0M
Round: Series H
Description: Monzo is a digital-only bank platform and marketplace that allows customers to access a range of products and services. Founded by Gary Dolman, Jason Bates, Jonas Huckestein, Paul Rippon, and Tom Blomfield in 2015, Monzo has now raised a total of $1.1B in total equity funding and is backed by Stripe, Crowdcube, Orange, Goodwater Capital, and General Catalyst.
Investors in the round: Abu Dhabi Growth Fund, Accel, Alpha Wave Ventures, Coatue, Goodwater Capital
Industry: Banking, Financial Services, FinTech, Marketplace
Founders: Gary Dolman, Jason Bates, Jonas Huckestein, Paul Rippon, Tom Blomfield
Founding year: 2015
Total equity funding raised: $1.1B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
7. Signal AI $50.0M
Round: Series D
Description: Signal AI is an artificial intelligence company that transforms the world’s information into accessible, actionable business knowledge. Founded by David Benigson, Miguel Martinez, and Wesley Hall in 2013, Signal AI has now raised a total of $101.6M in total equity funding and is backed by LocalGlobe, MMC Ventures, Hearst Ventures, Kreos Capital, and Highland Europe.
Investors in the round: Aberdeen Standard Investments, GMG Ventures, Hearst Ventures, Highland Europe, MMC Ventures, Redline Capital
Industry: Artificial Intelligence, Business Intelligence, Enterprise Software, Machine Learning
Founders: David Benigson, Miguel Martinez, Wesley Hall
Founding year: 2013
Total equity funding raised: $101.6M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
7. Synthesia $50.0M
Round: Series B
Description: Synthesia is an AI video avatar platform that creates professional videos from a text in different languages. Founded by Lourdes Agapito, Matthias Niessner, Steffen Tjerrild, and Victor Riperbelli in 2017, Synthesia has now raised a total of $66.6M in total equity funding and is backed by Seedcamp, GV, Kleiner Perkins, MMC Ventures, and FirstMark.
Investors in the round: FirstMark, GV, Kleiner Perkins, LDV Capital, MMC Ventures, Seedcamp
Industry: Artificial Intelligence, Content Creators, Video, Video Editing
Founders: Lourdes Agapito, Matthias Niessner, Steffen Tjerrild, Victor Riperbelli
Founding year: 2017
Total equity funding raised: $66.6M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
6. Fresha $52.5M
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 $180.0M in total equity funding and is backed by General Atlantic, FJ Labs, Partech, BECO Capital, and Target Global.
Investors in the round: BECO Capital, FMZ Ventures, General Atlantic, Michael Lahyani, Partech, Target Global
Industry: Beauty, Health Care, Marketplace, SaaS, Scheduling
Founders: Nick Miller, William Zeqiri
Founding year: 2015
Total equity funding raised: $180.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
5. Taptap Send $65.0M
Round: Series B
Description: Taptap Send is an app that lets immigrants send money back home. Founded by Michael Faye in 2018, Taptap Send has now raised a total of $78.4M in total equity funding and is backed by Spark Capital, Breyer Capital, Canaan Partners, Flourish Ventures, and Wamda Capital.
Investors in the round: Alarko Ventures, Breyer Capital, Canaan Partners, Flourish Ventures, Reid Hoffman, Slow Ventures, Spark Capital, Unbound, Wamda Capital
Industry: Financial Services, FinTech, Mobile Apps, Mobile Payments, Payments
Founders: Michael Faye
Founding year: 2018
Total equity funding raised: $78.4M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
3. HungryPanda $130.0M
Round: Series D
Description: HungryPanda is a Chinese food and grocery delivery company with extensive market coverage. Founded by Kelu Liu in 2016, HungryPanda has now raised a total of $220.0M in total equity funding and is backed by Kinnevik AB, Felix Capital, VNV Global, Kreos Capital, and 83North.
Investors in the round: 83North, Burda Principal Investments, Felix Capital, Kinnevik AB, Kreos Capital, Perwyn, Piton Capital, Vintage Investment Partners
Industry: Delivery, E-Commerce, Food and Beverage, Food Delivery, Restaurants
Founders: Kelu Liu
Founding year: 2016
Total equity funding raised: $220.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
2. Octopus Energy $300.0M
Round: Venture
Description: Octopus Energy builds technology that reduces the cost of energy to improve customer experience. Founded by Greg Jackson, James Eddison, and Stuart Jackson in 2015, Octopus Energy has now raised a total of $1.5B in total equity funding and is backed by Generation Investment Management, Canada Pension Plan Investment Board, Origin Energy, and Tokyo Gas.
Investors in the round: Canada Pension Plan Investment Board
Industry: Energy, Energy Efficiency, GreenTech, Renewable Energy
Founders: Greg Jackson, James Eddison, Stuart Jackson
Founding year: 2015
Total equity funding raised: $1.5B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
1. Monzo $475.0M
Round: Series H
Description: Monzo is a digital-only bank platform and marketplace that allows customers to access a range of products and services. Founded by Gary Dolman, Jason Bates, Jonas Huckestein, Paul Rippon, and Tom Blomfield in 2015, Monzo has now raised a total of $1.1B in total equity funding and is backed by Stripe, Crowdcube, Orange, Goodwater Capital, and General Catalyst.
Investors in the round: Abu Dhabi Growth Fund, Accel, Alpha Wave Ventures, Coatue, Goodwater Capital
Industry: Banking, Financial Services, FinTech, Marketplace
Founders: Gary Dolman, Jason Bates, Jonas Huckestein, Paul Rippon, Tom Blomfield
Founding year: 2015
Total equity funding raised: $1.1B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
