Backed VC
Backed is a €50m community-driven seed stage VC fund, based in London.
In the two years since launching we have backed 25 rapidly scaling companies, building products loved by the millennial generation or solving deeply technical problems faced by the next generation. Over ninety percent of the companies we backed more than 9 months ago have already secured follow-on funding at an average valuation markup of 3x, raising from the best investors in Europe such as Index Ventures, and in the US such as Founders Fund.
As a team, we're united by an obsession with how disruptive technology companies can change the world for the better. Everything we do focuses on nurturing the potential in exceptional founding teams, supporting them every step of the way through the gnarly challenges of transforming their visions into legacy-defining businesses.
Backed is an ambitious startup itself. We move extremely fast, pushing the venture capital model to new horizons by productising seed-focused support initiatives and leveraging the generosity of our community. We pay very close attention to the needs of the teams we back, enabling us to design a user-centred support system which genuinely increases their chances of success.
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68 past transactions
Afrocenchix
Seed Round in 2021
Afrocenchix is an award winning natural hair care company founded by Rachael Corson and Joycelyn Mate. The company blend top quality ingredients to make high performing products for afro and curly hair. The range is the first of its kind to be stocked in Whole Foods Market UK and the products are available in independent health stores across the UK and in Paris, New York and Melbourne.
Thought Machine Group Limited
Series B in 2020
Thought Machine Group Limited develops and provides Vault, a cloud native core banking platform which runs data in real time within the system automating data analytics and regulatory reporting. Its platform provides services, such as smart contracts, databases, data analytics, workflows, banking operations website, customer application programming interface (API), website ,and mobile application, customer data management, and integrations. The company was incorporated in 2017 and is based in London, United Kingdom.
Sky Mavis
Series B in 2021
Sky Mavis is a technology company that creates decentralized applications and services.
unrd
Venture Round in 2020
unrd is creating a new genre of entertainment by combining Hollywood quality plots with mobile storytelling techniques.
Hutch Games
Series A in 2017
Hutch Games Ltd. develops video games. The company was incorporated in 2011 and is based in London, United Kingdom. As of December 18, 2020, Hutch Games Ltd. operates as a subsidiary of Modern Times Group Mtg AB.
Banked
Seed Round in 2018
Banked develops a payment platform which can be used in various applications. The company connects people’s bank account data to third party applications, which is delivered via secure application program interface (API). Banked’s platform has features such as bank account connections, spending analysis, balance and income verification, and low-cost payments. The company was founded in 2018 and is based in London, United Kingdom.
Amenitiz Solution SL
Series A in 2022
We created Amenitiz because we believe technology is the key to making success and profitability accessible to every hotelier in the world - whether they are in the heart of Paris or in the Uyuni Salt Flats in Bolivia.
Our mission is to build an all-in-one platform to help owners grow and manage their vacation properties by making attracting guests,managing bookings and crafting exceptional experiences, simple and easy. We invite you to be part of our growing community and help us redefine the future of online hospitality together.
Verve
Series C in 2022
Verve Events is the global market leader in word-of-mouth sales in the live entertainment industry. We use networks of advocates to sell products and experiences to their friends in exchange for rewards such as free tickets and backstage passes.
Verve is trusted by over 500 events around the world in over 40 countries and integrates directly with partners such as Ticketmaster, Eventbrite, Paylogic and Front Gate Tickets.
Amenitiz Solution SL
Seed Round in 2021
We created Amenitiz because we believe technology is the key to making success and profitability accessible to every hotelier in the world - whether they are in the heart of Paris or in the Uyuni Salt Flats in Bolivia.
Our mission is to build an all-in-one platform to help owners grow and manage their vacation properties by making attracting guests,managing bookings and crafting exceptional experiences, simple and easy. We invite you to be part of our growing community and help us redefine the future of online hospitality together.
Crypto Unicorns
Initial Coin Offering in 2022
Phytoform Labs
Seed Round in 2021
Phytoform Labs is a biotechnology company which aims to help breeders to cut down plant breeding times from decades to years using new gene editing technologies. Predictably evolving plants will maximise yields for breeders and improve the economics of breeding for customers.
Flexciton
Seed Round in 2017
Flexciton Ltd. develops artificial intelligence based industrial planning and scheduling web application for manufacturing. The company enables users to determine schedule of machine operation and maintenance. It charts data from machine production and develops applications to optimize energy consumption. The company was incorporated in 2016 and is based in London, United Kingdom.
Foundries.io Limited
Series A in 2021
Foundries.io Limited develops software platforms for embedded product development. It offers linux microplatform for container-based Linux development and zephyr microplatform for real-time operating system (RTOS) based applications. The company was founded in 2017 and is based in Cambridge, United Kingdom.
Onramper
Seed Round in 2022
Unstoppable Finance
Seed Round in 2021
Unstoppable Finance is building an intuitive crypto wallet bringing Decentralized Finance to everyday investors globally.
Harbr Group Limited
Seed Round in 2018
Harbr’s enterprise data exchange platform empowers organizations to unlock more value from their data and to accelerate data-driven business models through its secure, custom-branded data sharing and collaboration platform (delivered as a service). It turns data and models into self-service digital products and provides granular control of sharing and collaborating on them with internal and external stakeholders.
It was founded in 2017 and headquartered in London, England.
FabricNano Limited
Series A in 2021
FabricNano Limited. manufactures supercharging biochemical cells to optimize chemical reaction speed, purity, and adaptability. The company was founded in 2018 and is based in London, United Kingdom.
Legl
Series B in 2022
Legl is a B2B SaaS platform enabling law firms to run their operations digitally – from streamlined onboarding, compliance, and payment tools to giving management critical business insights and their clients a service worthy of 2021.
Harbr Group Limited
Seed Round in 2019
Harbr’s enterprise data exchange platform empowers organizations to unlock more value from their data and to accelerate data-driven business models through its secure, custom-branded data sharing and collaboration platform (delivered as a service). It turns data and models into self-service digital products and provides granular control of sharing and collaborating on them with internal and external stakeholders.
It was founded in 2017 and headquartered in London, England.
Pillar
Pre Seed Round in 2022
Footium
Seed Round in 2022
Kalo Industries, Inc.
Seed Round in 2015
Kalo launched in 2015, letting companies easily onboard, manage, talk with, and pay their external workers. Since then, a customers from internet to fashion -- including Google, Asos, IDEO and AirBnB -- have been able to throw away their tangle of spreadsheets and invoice emails, and work together with their freelancer and vendor teams in a clean, beautiful experience.
Cala
Seed Round in 2021
They are building the first fully robotic pasta restaurant to transform cost structure and experience of fast-casual restaurants. That’s why they created Cala, to bring lunch into a new era and in your plate in less than a minute. It just need a 3m2 kitchen to serve very quickly 800 meals per hour cooked with fresh and organic ingredients.
THIS.CO
Series A in 2021
THIS is a plant-based meat brand that provides alternative meat products for meat lovers. The company's products are made of plant-based ingredients that are fortified with vitamin B12 and iron, enabling meat lovers to get the real feel of having meat-based products and satisfy their tastes without killing animals.
LabGenius Ltd
Seed Round in 2017
LabGenius Ltd engages in the discovery of new biological molecules with artificial intelligence, automation, and synthetic DNA. The company has developed EVA - a robot scientist capable of designing, conducting, and learning from its own experiments. The company was founded in 2012 and is headquartered in London, United Kingdom.
The Engineering Company
Seed Round in 2022
The Engineering Company aims to trigger the next industrial revolution by building technology that radically accelerates the invention process.
The platform allows enables the design industrial hardware on a profoundly deeper complex level in a tenth of the speed. The company intends their platform to power the next 100 years of hardware invention.
Hoxton Farms
Seed Round in 2020
Based in London, UK, Hoxton Farms is growing real animal fat – without animals. The company combines cell biology and mathematical modelling to produce cultivated fat as an ingredient for the meat alternatives industry.
FabricNano Limited
Seed Round in 2019
FabricNano Limited. manufactures supercharging biochemical cells to optimize chemical reaction speed, purity, and adaptability. The company was founded in 2018 and is based in London, United Kingdom.
Flexciton
Series A in 2021
Flexciton Ltd. develops artificial intelligence based industrial planning and scheduling web application for manufacturing. The company enables users to determine schedule of machine operation and maintenance. It charts data from machine production and develops applications to optimize energy consumption. The company was incorporated in 2016 and is based in London, United Kingdom.
Sky Mavis
Series A in 2021
Sky Mavis is a technology company that creates decentralized applications and services.
Ochre Bio Ltd
Seed Round in 2021
Ochre Bio develops genomic medicines to rejuvenate donors' livers before transplant, so that everyone who needs a new liver gets one.
They use genomics to find and shut down over-active genes driving disease and then go directly to testing therapies in discarded donor livers that keep alive outside of the body.
Ochre Bio is within the heart of Oxford’s biotech innovation hub. Their scientific roots can be traced back to over 15 years leading liver genomics research and experience in bringing advanced therapies to market.
Unstoppable Finance
Seed Round in 2021
Unstoppable Finance is building an intuitive crypto wallet bringing Decentralized Finance to everyday investors globally.
The Family
Venture Round in 2016
The Family is building the largest and most sophisticated service infrastructure for startups in Europe. Their model is to take 5% equity for free in exchange of long-term support. Today, they have a portfolio of 200+ active companies in London, Paris and Berlin, including Captain Train (acquired by Trainline), Algolia and Payfit.
EnterpriseAlumni
Seed Round in 2017
EnterpriseAlumni is the market Alumni & Retiree Management Platform for the large enterprise enabling rapid acceleration of recruiting and sales programs. Powering the Alumni networks of the worlds largest companies, enabling them to create engaging and vibrant Alumni communities.
UNMADE
Seed Round in 2015
Unmade Limited designs and delivers knitwear, scarves, and jumpers for men and women. Its products are available through its store in London, as well as online in the United Kingdom and internationally. Unmade Limited was formerly known as Knyttan Limited and changed its name to Unmade Limited in September 2015. The company was founded in 2013 and is based in London, United Kingdom.
Legl
Series A in 2021
Legl is a B2B SaaS platform enabling law firms to run their operations digitally – from streamlined onboarding, compliance, and payment tools to giving management critical business insights and their clients a service worthy of 2021.
Medal
Series A in 2019
Medal is the easiest way to Create, Watch, Share, and Analyze gaming highlights.
Gumbug Ltd.
Seed Round in 2015
Gumbug Ltd. develops mobile games. The company was incorporated in 2013 and is based in London, United Kingdom. As of December 11, 2019, Gumbug Ltd. operates as a subsidiary of Voodoo SAS.
UNMADE
Venture Round in 2018
Unmade Limited designs and delivers knitwear, scarves, and jumpers for men and women. Its products are available through its store in London, as well as online in the United Kingdom and internationally. Unmade Limited was formerly known as Knyttan Limited and changed its name to Unmade Limited in September 2015. The company was founded in 2013 and is based in London, United Kingdom.
Verve
Series A in 2017
Verve Events is the global market leader in word-of-mouth sales in the live entertainment industry. We use networks of advocates to sell products and experiences to their friends in exchange for rewards such as free tickets and backstage passes.
Verve is trusted by over 500 events around the world in over 40 countries and integrates directly with partners such as Ticketmaster, Eventbrite, Paylogic and Front Gate Tickets.
Hoxton Farms
Seed Round in 2021
Based in London, UK, Hoxton Farms is growing real animal fat – without animals. The company combines cell biology and mathematical modelling to produce cultivated fat as an ingredient for the meat alternatives industry.
THIS.CO
Seed Round in 2020
THIS is a plant-based meat brand that provides alternative meat products for meat lovers. The company's products are made of plant-based ingredients that are fortified with vitamin B12 and iron, enabling meat lovers to get the real feel of having meat-based products and satisfy their tastes without killing animals.
Armada Interactive
Seed Round in 2016
Armada Interactive Oy develops mobile games. It develops born-mobile AAA, freemium, and real-time multiplayer games. The company was founded in 2015 and is headquartered in Helsinki, Finland.
Jukedeck
Venture Round in 2015
Jukedeck is developing an artificially intelligent music composer - a system that writes original music completely on its own. Jukedeck is based on state-of-the-art technology they are building that brings artificial intelligence to music composition and production. They are training deep neural networks to understand music composition at a granular level, so that they can build tools to aid creativity.
Verve
Seed Round in 2016
Verve Events is the global market leader in word-of-mouth sales in the live entertainment industry. We use networks of advocates to sell products and experiences to their friends in exchange for rewards such as free tickets and backstage passes.
Verve is trusted by over 500 events around the world in over 40 countries and integrates directly with partners such as Ticketmaster, Eventbrite, Paylogic and Front Gate Tickets.
THIS.CO
Equity Crowdfunding in 2020
THIS is a plant-based meat brand that provides alternative meat products for meat lovers. The company's products are made of plant-based ingredients that are fortified with vitamin B12 and iron, enabling meat lovers to get the real feel of having meat-based products and satisfy their tastes without killing animals.
Foundries.io Limited
Seed Round in 2019
Foundries.io Limited develops software platforms for embedded product development. It offers linux microplatform for container-based Linux development and zephyr microplatform for real-time operating system (RTOS) based applications. The company was founded in 2017 and is based in Cambridge, United Kingdom.
Optimal.ag
Seed Round in 2017
We are a collection of engineers from Palantir, DeepMind, Oxford University and Cambridge University, on a mission to grow safer, healthier food by deploying fully autonomous greenhouses outside every city on earth.
High-tech greenhouses are key to our agricultural future - for improving human nutrition and for securing our food system against climate change and population growth. We are doing everything we can to accelerate the deployment of new farms around the world.
Meatable B.V.
Seed Round in 2019
Meatable is a food production company that produces real and guilt-free meat. With one cell, they are revolutionizing the meat industry's impact on climate change and animal welfare. At the same time they increase food security, without compromising the culinary experience of eating tasty, real meat. They aim to satisfy the world's appetite for meat without harming people, animals, and the planet.
It was founded in 2018 and is headquartered in Delft, South Holland, The Netherlands.
Harbr Group Limited
Funding Round in 2020
Harbr’s enterprise data exchange platform empowers organizations to unlock more value from their data and to accelerate data-driven business models through its secure, custom-branded data sharing and collaboration platform (delivered as a service). It turns data and models into self-service digital products and provides granular control of sharing and collaborating on them with internal and external stakeholders.
It was founded in 2017 and headquartered in London, England.
Armada Interactive
Seed Round in 2017
Armada Interactive Oy develops mobile games. It develops born-mobile AAA, freemium, and real-time multiplayer games. The company was founded in 2015 and is headquartered in Helsinki, Finland.
Verve
Series B in 2019
Verve Events is the global market leader in word-of-mouth sales in the live entertainment industry. We use networks of advocates to sell products and experiences to their friends in exchange for rewards such as free tickets and backstage passes.
Verve is trusted by over 500 events around the world in over 40 countries and integrates directly with partners such as Ticketmaster, Eventbrite, Paylogic and Front Gate Tickets.
Banked
Seed Round in 2020
Banked develops a payment platform which can be used in various applications. The company connects people’s bank account data to third party applications, which is delivered via secure application program interface (API). Banked’s platform has features such as bank account connections, spending analysis, balance and income verification, and low-cost payments. The company was founded in 2018 and is based in London, United Kingdom.
Flexciton
Seed Round in 2019
Flexciton Ltd. develops artificial intelligence based industrial planning and scheduling web application for manufacturing. The company enables users to determine schedule of machine operation and maintenance. It charts data from machine production and develops applications to optimize energy consumption. The company was incorporated in 2016 and is based in London, United Kingdom.
Dataseat Ltd
Seed Round in 2020
The biggest cause of App download and attribution fraud is the CPI buying metric. By taking control of your programmatic media buying you stop your campaigns being re-brokered and bad actors are no-longer incentivised to spoof and steal downloads.The era of black box performance networks is over. Brands need complete control and transparency of who their user data is shared with and where their campaigns are running.
Harbr Group Limited
Series A in 2020
Harbr’s enterprise data exchange platform empowers organizations to unlock more value from their data and to accelerate data-driven business models through its secure, custom-branded data sharing and collaboration platform (delivered as a service). It turns data and models into self-service digital products and provides granular control of sharing and collaborating on them with internal and external stakeholders.
It was founded in 2017 and headquartered in London, England.
Thought Machine Group Limited
Series B in 2020
Thought Machine Group Limited develops and provides Vault, a cloud native core banking platform which runs data in real time within the system automating data analytics and regulatory reporting. Its platform provides services, such as smart contracts, databases, data analytics, workflows, banking operations website, customer application programming interface (API), website ,and mobile application, customer data management, and integrations. The company was incorporated in 2017 and is based in London, United Kingdom.
CloudNC
Series A in 2018
CloudNC Ltd. develops software to design tooling paths for numerically controlled (NC) machine tools. It offers software and a cloud computing service that helps to automate the programming of computerized numerical control (CNC) milling machines. It caters to the manufacturing industry. The company was incorporated in 2015 and is based in London, United Kingdom.
Thought Machine Group Limited
Seed Round in 2016
Thought Machine Group Limited develops and provides Vault, a cloud native core banking platform which runs data in real time within the system automating data analytics and regulatory reporting. Its platform provides services, such as smart contracts, databases, data analytics, workflows, banking operations website, customer application programming interface (API), website ,and mobile application, customer data management, and integrations. The company was incorporated in 2017 and is based in London, United Kingdom.
Nstack
Angel Round in 2015
NStack is a platform which connects data sources, predictive models, and internal tools together so users can rapidly create actions which increase the value of customers. It helps data scientists run more experiments by enabling them to deploy Python models and build analytics workflows in minutes.
NStack is headquartered in London, England.
Dispatchr, Inc.
Seed Round in 2015
Dispatchr, Inc. provides a grid-resilience software platform that offers a suite of adaptive cloud and mobile services deployed across an entire enterprise through which threats to physical infrastructure can be identified and managed in real-time before catastrophic events occur. It offers solutions in the areas of vegetation management, fire management, asset management, maintenance and construction, and emergency management. The company was founded in 2014 and is based in San Francisco, California.
Bidvine Limited
Seed Round in 2015
Bidvine Limited provides an online platform that connects customers with local service professionals to help accomplish event, health, home, learning, wellness, and other projects in the United Kingdom. The company was incorporated in 2014 and is based in London, United Kingdom.
Boiler Room (UK) Limited
Venture Round in 2016
Boiler Room (UK) Limited operates a community of underground music fans. The company was incorporated in 2008 and is based in London, United Kingdom.
Technology Will Save Us
Seed Round in 2015
Technology Will Save Us Ltd. develops DIY gadget kits and hardware, activities, and online resources for families, educators, and young people to make, play, code, and invent using technology. Its kits include a handheld games console, an electronic synthesizer, conductive dough, a DIY speaker kit, moisture sensors, and an open-source electronics platform based on hardware and software. The company serves classrooms, after school clubs, or home schools. It offers its products through its kiosks in the United Kingdom and internationally. The company also offers its products online. Technology Will Save Us Ltd. was incorporated in 2011 and is based in London, United Kingdom.
Andium
Convertible Note in 2016
Andium Inc. develops and manufactures cloud based computing devices for real time data management. The company offers Andium Industrial Edge v2.0, a computing device for data monitoring and sensor management in oil and gas applications; Andium Flow Computer v1.2, a gas volumetric flow computation device; and Andium Truck Wi-Fi, a fleet-connectivity solution for in-vehicle digital communications. The company was formerly known as Mobile Iris, Inc. and changed its name to Andium Inc. in June 2016. The company was incorporated in 2014 and is headquartered in New York, New York.
Technology Will Save Us
Series A in 2018
Technology Will Save Us Ltd. develops DIY gadget kits and hardware, activities, and online resources for families, educators, and young people to make, play, code, and invent using technology. Its kits include a handheld games console, an electronic synthesizer, conductive dough, a DIY speaker kit, moisture sensors, and an open-source electronics platform based on hardware and software. The company serves classrooms, after school clubs, or home schools. It offers its products through its kiosks in the United Kingdom and internationally. The company also offers its products online. Technology Will Save Us Ltd. was incorporated in 2011 and is based in London, United Kingdom.
Invisible Technologies Inc.
Seed Round in 2018
Invisible Technologies Inc. develops and operates a platform that automates business operations. It provides an agent that offers services, such as scheduling a meeting, lead sourcing, lead generation, booking a reservation, managing reservations, onboarding a team member, inventory upkeep, record management, web scrapping, verifying a lead, lead qualification, and record management. Invisible Technologies Inc. was formerly known as Socrates X Inc. The company was incorporated in 2015 and is based in San Francisco, California.
