Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during Q1. 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 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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
8. 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
Month of funding: January
Industry: Artificial Intelligence
Founders: Karim Beguir, Zohra Slim
Founding year: 2015
Total equity funding raised: $107.0M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
8. Builder.ai $100.0M
Round: Series C
Description: Builder.ai develops an AI-powered platform designed to help build and operate software projects. Founded by Sachin Dev Duggal and Saurabh Dhoot in 2016, Builder.ai has now raised a total of $100.0M in total equity funding and is backed by Insight Partners, Jungle Ventures, WndrCo, Revo Capital, and IFC.
Investors in the round: IFC, Insight Partners, Jungle Ventures, Nikesh Arora, Revo Capital, WndrCo
Month of funding: March
Industry: Artificial Intelligence, Developer Tools, Software Engineering
Founders: Sachin Dev Duggal, Saurabh Dhoot
Founding year: 2016
Total equity funding raised: $195.0M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
8. Payhawk $100.0M
Round: Series B
Description: Payhawk is a financial system that combines credit cards, payments, expenses, and cash into one integrated experience. Founded by Boyko Karadzhov, Hristo Borisov, and Konstantin Dzhengozov in 2018, Payhawk has now raised a total of $100.0M in total equity funding and is backed by Earlybird Venture Capital, QED Investors, Lightspeed Venture Partners, Greenoaks Capital, and HubSpot Ventures.
Investors in the round: Earlybird Venture Capital, Endeavor Catalyst, Greenoaks Capital, HubSpot Ventures, Jigsaw VC, Lightspeed Venture Partners, QED Investors, Sprints Capital
Month of funding: March
Industry: Financial Services, FinTech, Payments, Software
Founders: Boyko Karadzhov, Hristo Borisov, Konstantin Dzhengozov
Founding year: 2018
Total equity funding raised: $239.1M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
7. Tripledot Studios $116.0M
Round: Series B
Description: Tripledot Studios is a mobile games studio that develops casual mobile games such as solitaire app and several puzzle games. Founded by Akin Babayigit, Eyal Chameides, and Lior Shiff in 2017, Tripledot Studios has now raised a total of $202.0M in total equity funding and is backed by Lightspeed Venture Partners, Access Industries, The Twenty Minute VC, Julien Codorniou, and Eldridge.
Investors in the round: Lightspeed Venture Partners, Access Industries, The Twenty Minute VC, Julien Codorniou, and Eldridge
Month of funding: February
Industry: Apps, Casual Games, Mobile, PC Games
Founders: Akin Babayigit, Eyal Chameides, Lior Shiff
Founding year: 2017
Total equity funding raised: $202.0M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
6. Omnipresent $120.0M
Round: Series B
Description: Omnipresent provides a human resource and onboarding platform designed to help companies hire remote-working local teams worldwide. Founded by Guenther Eisinger and Matthew Wilson in 2019, Omnipresent has now raised a total of $120.0M in total equity funding and is backed by Tencent, Entrepreneur First, Playfair Capital, Episode 1, and TrueSight Ventures.
Investors in the round: Episode 1, Kinnevik AB, Playfair Capital, Tencent, TrueSight Ventures, Uncorrelated Ventures
Month of funding: March
Industry: Employment, Human Resources, Management Information Systems, Recruiting, SaaS
Founders: Guenther Eisinger, Matthew Wilson
Founding year: 2019
Total equity funding raised: $137.8M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
5. GWI £133.0M
Round: Series B
Description: GWI is a supplier of target audience insight to the global marketing industry. Founded by Tom Smith in 2009, GWI has now raised a total of $219.9M in total equity funding and is backed by Stripes and Permira.
Investors in the round: Stripes and Permira
Month of funding: February
Industry: Advertising, Analytics, Information Technology, Market Research, Marketing
Founders: Tom Smith
Founding year: 2009
Total equity funding raised: $219.9M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
4. PrimaryBid $190.0M
Round: Series C
Description: PrimaryBid is a technology platform that allows everyday investors fair & equal access to investing in public companies raising capital. Founded by Anand Sambasivan, James Deal, and Kieran D’Silva in 2012, PrimaryBid has now raised a total of $252.0M in total equity funding and is backed by Molten Ventures, SoftBank Vision Fund, OMERS Ventures, Hambro Perks Ltd., and Outward VC.
Investors in the round: Molten Ventures, SoftBank Vision Fund, OMERS Ventures, Hambro Perks Ltd., and Outward VC
Month of funding: February
Industry: Finance, Financial Services, FinTech
Founders: Anand Sambasivan, James Deal, Kieran D’Silva
Founding year: 2012
Total equity funding raised: $252.0M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
3. Genesis Global $200.0M
Round: Series C
Description: Genesis Global is a low-code technology platform that helps financial institutions build new applications. Founded by James Harrison and Stephen Murphy in 2012, Genesis Global has now raised a total of $248.0M in total equity funding and is backed by Citi, Tiger Global Management, GV, Insight Partners, and Accel.
Investors in the round: Citi, Tiger Global Management, GV, Insight Partners, and Accel
Month of funding: February
Industry: Enterprise Software, Financial Services, FinTech, Information Technology, Software
Founders: James Harrison, Stephen Murphy
Founding year: 2012
Total equity funding raised: $248.0M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
3. 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
Month of funding: January
Industry: Artificial Intelligence, Autonomous Vehicles, Electric Vehicle, Machine Learning, Software
Founders: Alex Kendall, Amar Shah
Founding year: 2017
Total equity funding raised: $256.6M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
2. GoCardless $312.0M
Round: Series G
Description: GoCardless is a payment company that makes collecting payments by direct debit easy for everyone. Founded by Hiroki Takeuchi, Matt Robinson, and Tom Blomfield in 2011, GoCardless has now raised a total of $529.3M in total equity funding and is backed by Y Combinator, GV, Accel, Adams Street Partners, and Salesforce Ventures.
Investors in the round: Y Combinator, GV, Accel, Adams Street Partners, and Salesforce Ventures
Month of funding: February
Industry: Financial Services, FinTech, Payments
Founders: Hiroki Takeuchi, Matt Robinson, Tom Blomfield
Founding year: 2011
Total equity funding raised: $529.3M
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
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
Month of funding: January
Industry: E-Commerce, FinTech, Payments, Transaction Processing
Founders: Guillaume Pousaz
Founding year: 2012
Total equity funding raised: $1.8B
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 strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the London business community and beyond. Learn more about how a digital campaign will return your investment here.
