Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of 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 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.
11. Ziflow $20.0M
Round: Series A
Description: Ziflow is a SaaS company that builds smart tools for creative production teams. Founded by Anthony Welgemoed and Mat Atkinson in 2015, Ziflow has now raised a total of $28.3M in total equity funding and is backed by Companyon Ventures, Riverside Acceleration Capital, and Sidecar Angels.
Investors in the round: Companyon Ventures, Riverside Acceleration Capital
Industry: Marketing, Marketing Automation, SaaS, Software
Founders: Anthony Welgemoed, Mat Atkinson
Founding year: 2015
Total equity funding raised: $28.3M
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 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.
11. Cado Security $20.0M
Round: Venture
Description: Cado Security provides the cloud investigation platform that empowers security teams to respond to threats at cloud speed. Founded by Christopher Doman and James Campbell in 2020, Cado Security has now raised a total of $31.5M in total equity funding and is backed by Eurazeo, Ten Eleven Ventures, CyLon Ventures, and Blossom Capital.
Investors in the round: Eurazeo, Ten Eleven Ventures
Industry: Cyber Security, Enterprise Software, Network Security, Software
Founders: Christopher Doman, James Campbell
Founding year: 2020
Total equity funding raised: $31.5M
London TechWatch’s exclusive coverage of this round: Cado Security Raises Another $20M for its Cloud-Native Incident Response Platform That Delivers Critical Insight in Minutes
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.
11. HelloSelf $20.0M
Round: Series B
Description: HelloSelf is a health and wellness platform that provides its users with digital access to therapists. Founded by Charles Wells in 2018, HelloSelf has now raised a total of $31.3M in total equity funding and is backed by Google for Startups, Octopus Ventures, OMERS Ventures, Oxford Capital Partners, and Manta Ray Ventures.
Investors in the round: Manta Ray Ventures, Octopus Ventures, OMERS Ventures, Oxford Capital Partners
Industry: Health Care, Personal Health, Wellness
Founders: Charles Wells
Founding year: 2018
Total equity funding raised: $31.3M
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 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.
11. Seldon $20.0M
Round: Series B
Description: Seldon is a machine learning deployment platform. Founded by Alex Housley in 2014, Seldon has now raised a total of $33.7M in total equity funding and is backed by Techstars, Global Brain Corporation, Cambridge Innovation Capital, AlbionVC, and Amadeus Capital Partners.
Investors in the round: AlbionVC, Amadeus Capital Partners, Bright Pixel (former Sonae IM), Cambridge Innovation Capital
Industry: Artificial Intelligence, Machine Learning, Open Source
Founders: Alex Housley
Founding year: 2014
Total equity funding raised: $33.7M
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.
10. Metomic €18.9M
Round: Series A
Description: Metomic protects sensitive data in SaaS applications Founded by Benjamin van Enckevort and Richard Vibert in 2018, Metomic has now raised a total of $25.8M in total equity funding and is backed by Resonance, Entrepreneur First, LocalGlobe, Evolution Equity Partners, and Jeremy Yap.
Investors in the round: Connect Ventures, Evolution Equity Partners, Resonance
Industry: Developer APIs, Information Services, Information Technology, Privacy, Software
Founders: Benjamin van Enckevort, Richard Vibert
Founding year: 2018
Total equity funding raised: $25.7M
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.
9. Attio $23.5M
Round: Series A
Description: Attio is the CRM of the future: data-driven, completely customizable and intuitively collaborative. Founded by Alexander Christie and Nicolas Sharp in 2019, Attio has now raised a total of $31.2M in total equity funding and is backed by Headline, Balderton Capital, Redpoint, Passion Capital, and Point Nine.
Investors in the round: Balderton Capital, Point Nine, Redpoint
Industry: CRM, Information Technology, Software
Founders: Alexander Christie, Nicolas Sharp
Founding year: 2019
Total equity funding raised: $31.2M
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.
8. APEXX $25.0M
Round: Series B
Description: APEXX consolidates global payment providers into a single integration point, optimising the cost of complex payment ecosystems. Founded by Peter Keenan, Rodney Bain, and Toreson Lloyd in 2016, APEXX has now raised a total of $37.0M in total equity funding and is backed by MMC Ventures, Forward Partners, and Alliance.
Investors in the round: Alliance, Forward Partners, MMC Ventures
Industry: Finance, FinTech, Payments
Founders: Peter Keenan, Rodney Bain, Toreson Lloyd
Founding year: 2016
Total equity funding raised: $37.0M
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.
7. Recognise Bank £25.0M
Round: Venture
Description: Recognise Bank is digital SME bank providing commercial lending and savings accounts for business and personal savers. Founded by Jason Oakley in 2016, Recognise Bank has now raised a total of £47.7M in total equity funding and is backed by Parasol International, City of London Group (COLG), Max Barney, and Ruth Parasol.
Investors in the round: Parasol International
Industry: Banking, Finance, Financial Services
Founders: Jason Oakley
Founding year: 2016
Total equity funding raised: £47.7M
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. Flock €35.9M
Round: Series B
Description: Flock building the world’s first fully digital insurance company for connected and autonomous commercial vehicles. Founded by Antton Pena and Ed Leon Klinger in 2015, Flock has now raised a total of $59.1M in total equity funding and is backed by Foresight Ventures, Plug and Play, Innovate UK, Anthemis Group, and Social Capital.
Investors in the round: Anthemis Group, CommerzVentures, Dig Ventures, Foresight Ventures, Octopus Ventures, Social Capital
Industry: Artificial Intelligence, Automotive, Autonomous Vehicles, Big Data, FinTech, Fleet Management, Insurance, InsurTech, Software
Founders: Antton Pena, Ed Leon Klinger
Founding year: 2015
Total equity funding raised: $59.3M
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 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. DRONAMICS $40.0M
Round: Seed
Description: DRONAMICS develops unmanned aerial systems for shipping commercial and special cargo applications. Founded by Konstantin Rangelov and Svilen Rangelov in 2014, DRONAMICS has now raised a total of $57.0M in total equity funding and is backed by SeedBlink, Speedinvest, Founders Factory, European Commission, and Eleven Ventures.
Investors in the round: Eleven Ventures, Founders Factory, SeedBlink, Speedinvest, Strategic Development Fund
Industry: Aerospace, Drones, Logistics, Shipping
Founders: Konstantin Rangelov, Svilen Rangelov
Founding year: 2014
Total equity funding raised: $57.0M
London TechWatch’s exclusive coverage of this round: Dronamics Raises $40M for its Autonomous Drone Delivery Airline That Makes Same-Day Shipments a Reality Across All of Europe
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.
4. Peppy $45.0M
Round: Series B
Description: Peppy is leading digital platform that helps employers give their people expert support for under-served areas of healthcare. Founded by Evan Harris, Max Landry, and Mridula Pore in 2018, Peppy has now raised a total of $56.7M in total equity funding and is backed by Seedcamp, AlbionVC, Outward VC, Sony Innovation Fund, and MTech Capital.
Investors in the round: AlbionVC, Felix Capital, Hambro Perks Ltd., Kathaka, MTech Capital, Outward VC, Seedcamp, Simplyhealth, Sony Innovation Fund
Industry: Employee Benefits, Health Care, Wellness
Founders: Evan Harris, Max Landry, Mridula Pore
Founding year: 2018
Total equity funding raised: $56.7M
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. GSS £37.0M
Round: Venture
Description: GSS is a financial platform that enhances and exchanges information and offers sanctions transaction screening services. Founded by Tom Scampion in 2021, GSS has now raised a total of £37.0M in total equity funding and is backed by MUFG Bank, Alix Partners, and The Cynosure Group.
Investors in the round: Alix Partners, MUFG Bank, The Cynosure Group
Industry: Compliance, FinTech, Security
Founders: Tom Scampion
Founding year: 2021
Total equity funding raised: £37.0M
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. Quantum Motion £42.0M
Round: Series B
Description: Quantum Motion is building a universal quantum computer in Silicon, using CMOS compatible processes. Founded by John Morton and Simon Benjamin in 2017, Quantum Motion has now raised a total of £50.0M in total equity funding and is backed by IP Group, Oxford Science Enterprises, British Business Bank, Octopus Ventures, and Inkef.
Investors in the round: British Patient Capital, Inkef, IP Group, National Security Strategic Investment Fund, Octopus Ventures, Oxford Science Enterprises, Parkwalk Advisors, Porsche Automobil Holding, Robert Bosch Venture Capital
Industry: Electronics, Hardware, Quantum Computing
Founders: John Morton, Simon Benjamin
Founding year: 2017
Total equity funding raised: £50.0M
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.
1. Superscript £45.0M
Round: Series B
Description: Superscript provides business insurance designed specifically to meet the fast-changing needs of small businesses. Founded by Annabel Mekelenkamp, Ben Rose, and Cameron Shearer in 2015, Superscript has now raised a total of $79.1M in total equity funding and is backed by Seedcamp, Beazley, Systema, Concentric, and The Hartford.
Investors in the round: Beazley, BHL Holdings, Concentric, Seedcamp, The Hartford
Industry: Commercial Insurance, Cyber Security, Insurance, InsurTech
Founders: Annabel Mekelenkamp, Ben Rose, Cameron Shearer
Founding year: 2015
Total equity funding raised: $79.2M
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.
