Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of 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.
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) 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. Vertice £19.7M
Round: Series B
Description: Vertice provides a SaaS purchasing solution that helps businesses save on their annual software expenditure. Founded by Eldar Tuvey and Roy Tuvey in 2021, Vertice has now raised a total of $50.9M in total equity funding and is backed by https://www.londontechwatch.com/wp-content/uploads/2024/02/vertice.jpg.
Investors in the round: 83North, Bessemer Venture Partners
Industry: Financial Services, SaaS, Software
Founders: Eldar Tuvey, Roy Tuvey
Founding year: 2021
Total equity funding raised: $50.9M
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) 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. Robin AI £21.0M
Round: Series B
Description: Robin AI serves as an AI-driven legal assistant designed to automate and expedite the drafting and negotiation of contracts. Founded by James Clough and Richard Robinson in 2019, Robin AI has now raised a total of $43.6M in total equity funding and is backed by https://www.londontechwatch.com/wp-content/uploads/2024/02/robin-ai.jpg.
Investors in the round: AFG Partners, Plural Platform, Quantum Light, Temasek Holdings
Industry: Artificial Intelligence (AI), Contact Management, Legal, Legal Tech, Machine Learning, Software
Founders: James Clough, Richard Robinson
Founding year: 2019
Total equity funding raised: $43.6M
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) 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. ZILO £25.0M
Round: Series A
Description: ZILO is focused on transforming the global asset management sector to create sustainable value for firms and the customers they serve. Founded by Philip Goffin, Santosh Reyes (Mahagaonkar), and Venkatesh Pulla in 2020, ZILO has now raised a total of $48.6M in total equity funding and is backed by https://www.londontechwatch.com/wp-content/uploads/2024/02/zilo.jpg.
Investors in the round: Citi, Fidelity International Strategic Ventures, Portage Ventures, State Street Corporation
Industry: Asset Management, Financial Services, FinTech, Software, Wealth Management
Founders: Philip Goffin, Santosh Reyes (Mahagaonkar), Venkatesh Pulla
Founding year: 2020
Total equity funding raised: $48.6M
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) 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. Vortexa $34.0M
Round: Series C
Description: Vortexa provides a real-time data and analytics platform for energy and freight industries. Founded by Etienne Amic and Fabio Kuhn in 2016, Vortexa has now raised a total of $58.0M in total equity funding and is backed by https://www.londontechwatch.com/wp-content/uploads/2024/01/vortexa_analytics-platform-for-energy-freight-markets-oil-and-gas_funding.001.jpeg.
Investors in the round: Communitas Capital Partners, FJ Labs, Metaplanet, Monashees, Morgan Stanley Expansion Capital, Notion Capital
Industry: Analytics, Energy, Industrial, Trading Platform
Founders: Etienne Amic, Fabio Kuhn
Founding year: 2016
Total equity funding raised: $58.0M
London TechWatch’s exclusive coverage of this round: Vortexa Raises Another $34M for its Analytics Platform for Oil and Gas Freight Shipments
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) 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. 10X Banking £35.0M
Round: Venture
Description: 10X Banking is a financial technology company. Founded by Antony Jenkins and Brad Goodall in 2016, 10X Banking has now raised a total of $297.1M in total equity funding and is backed by https://www.londontechwatch.com/wp-content/uploads/2024/02/10x-banking.jpg.
Investors in the round: BlackRock, JPMorgan Chase & Co.
Industry: Banking, Financial Services, FinTech, SaaS, Software
Founders: Antony Jenkins, Brad Goodall
Founding year: 2016
Total equity funding raised: $297.1M
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) 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. Bumper £40.0M
Round: Series B
Description: Bumper is a payment platform for car dealerships. Founded by Jack Allman and James Jackson in 2013, Bumper has now raised a total of $97.8M in total equity funding and is backed by https://www.londontechwatch.com/wp-content/uploads/2024/02/bumper.jpg.
Investors in the round: Autotech Ventures, InMotion Ventures, Porsche Ventures, Revo Capital, Shell Ventures
Industry: Finance, Internet
Founders: Jack Allman, James Jackson
Founding year: 2013
Total equity funding raised: $97.8M
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) 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. Hyperexponential $73.0M
Round: Series B
Description: Hyperexponential is a provider of pricing decision intelligence (PDI) software for the commercial insurance sector. Founded by Amrit Santhirasenan and Michael Johnson in 2017, Hyperexponential has now raised a total of $91.0M in total equity funding and is backed by https://www.londontechwatch.com/wp-content/uploads/2024/02/hyperexponential.jpg.
Investors in the round: Andreessen Horowitz, Battery Ventures, Highland Europe
Industry: Insurance, InsurTech, Machine Learning, Software
Founders: Amrit Santhirasenan, Michael Johnson
Founding year: 2017
Total equity funding raised: $91.0M
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) 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. Build A Rocket Boy $110.0M
Round: Series D
Description: Build A Rocket Boy is an independent game development company. Founded by Leslie Benzies in 2016, Build A Rocket Boy has now raised a total of $110.0M in total equity funding and is backed by https://www.londontechwatch.com/wp-content/uploads/2024/02/build-a-rocket-boy.jpg.
Investors in the round: Alignment Growth, Endeavor, Galaxy Interactive, GTAM Partners, NetEase, RedBird Capital Partners, Woodline Partners
Industry: Information Technology, PC Games
Founders: Leslie Benzies
Founding year: 2016
Total equity funding raised: $110.0M
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) 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. Maji £150.0M
Round: Venture
Description: Maji is the complete financial wellbeing and money management platform on a mission is to build a financially secure future for everyone. Founded by Megan Worthing-Davies and Sahil Sethi in 2019, Maji has now raised a total of £150.7M in total equity funding and is backed by https://www.londontechwatch.com/wp-content/uploads/2024/02/maji.jpg.
Investors in the round: Veridian Ventures
Industry: Financial Services, FinTech, Personal Finance, Retirement
Founders: Megan Worthing-Davies, Sahil Sethi
Founding year: 2019
Total equity funding raised: £150.7M
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) 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.
