Elkstone

Elkstone is a prominent Irish investment house that serves a diverse clientele, including entrepreneurs, senior executives, institutional limited partners, the venture community, and the Irish diaspora. As a multi-family office with deep roots in early-stage venture investment, Elkstone aims to enhance the economic value and overall well-being of Ireland by fostering a robust network, facilitating deserving investments, and achieving strong investment performance. The firm is dedicated to supporting initiatives that contribute to the growth of the Irish economy and the prosperity of its communities.

Paddy Dillon

Investment Professional

Vlad Evseev

Venture Analyst

Tomás Jones

Investment Manager

Declan Magee

Head of Venture & Investment Research

Alan Merriman

Investor

Alan Merriman

Investor

Conor Sweeney

Venture Partner

42 past transactions

Protex AI

Series A in 2022
Protex AI using proactive 3rd Gen AI -powered ESHQ Technology empowers health and safety workplace.

Garentii

Seed Round in 2022
Garentii is an insurtech and proptech company that is transforming the traditional cash deposit system in rental transactions, which has been recognized as both costly and inefficient for renters and landlords. The company has developed a digital platform that facilitates deposit insurance, offering landlords full coverage while providing tenants with savings. This platform not only manages insurance policies and payment processing but also includes communication features, creating a more flexible and affordable renting experience. By streamlining operations and reducing management costs for real estate landlords, Garentii aims to make renting financially sustainable and enhance the overall rental experience for both parties involved.

Luminate Medical

Seed Round in 2022
Luminate Medical develops a medical device designed to prevent hair loss during chemotherapy. Luminate Medical recognises that hair is an essential element of personality and self-esteem, and is dedicated to using the latest advances in medical technology to protect this.

CroíValve

Series A in 2022
CroíValve is a developed a safe, effective, easy to use, percutaneous solution for treating all patients with severe Tricuspid Regurgitation

Laka

Series A in 2022
Laka Ltd, founded in 2017 and based in London, United Kingdom, specializes in insurance brokerage services for bicycles, ebikes, and related accessories. The company has developed a peer-to-peer insurance platform that allows users to insure their bicycles and cycling equipment against theft, damage, and vandalism. Laka's innovative approach leverages a community-driven model, where members collectively contribute to a shared pool, ensuring that users receive fair pricing for coverage. This model not only addresses theft and loss but also offers recovery advice and support, making it a cost-effective and equitable solution for cyclists seeking insurance.

HealthBeacon

Venture Round in 2021
Healthbeacon Limited develops a smart sharps system that helps patients who use self-injectable medications at home to manage and improve their medical adherence effectively. It offers HealthBeacon, a connected device that supports patients to achieve medication adherence at home by accessing digital and home based support to get them started on therapy and help them improve overall compliance levels. The company was founded in 2013 and is based in Dublin, Ireland with additional offices in Canada and the United States.

HealthBeacon

Venture Round in 2020
Healthbeacon Limited develops a smart sharps system that helps patients who use self-injectable medications at home to manage and improve their medical adherence effectively. It offers HealthBeacon, a connected device that supports patients to achieve medication adherence at home by accessing digital and home based support to get them started on therapy and help them improve overall compliance levels. The company was founded in 2013 and is based in Dublin, Ireland with additional offices in Canada and the United States.

Laka

Equity Crowdfunding in 2020
Laka Ltd, founded in 2017 and based in London, United Kingdom, specializes in insurance brokerage services for bicycles, ebikes, and related accessories. The company has developed a peer-to-peer insurance platform that allows users to insure their bicycles and cycling equipment against theft, damage, and vandalism. Laka's innovative approach leverages a community-driven model, where members collectively contribute to a shared pool, ensuring that users receive fair pricing for coverage. This model not only addresses theft and loss but also offers recovery advice and support, making it a cost-effective and equitable solution for cyclists seeking insurance.

Solvotrin Therapeutics

Venture Round in 2020
Solvotrin Therapeutics Ltd is a pharmaceutical company. The company produces ACTIVE IRON, an oral ferrous sulfate supplement. It also engages in the research, development, and production of vitamins, minerals, and therapies. Solvotrin Therapeutics Ltd was incorporated in 2009 and is based in Cork, Ireland.

Manna Drone Delivery

Venture Round in 2020
Manna provides drone delivery as a service stack to restaurant chains, dark kitchens, and online food delivery platforms. Using custom-developed aerospace-grade drones, they deliver directly from restaurants and centralized kitchens to consumer's homes. It flies at an altitude of 80 meters and a speed of over 80kph, delivering within a 2km radius in less than 3 minutes.​ The company was founded in 2018 and is headquartered in Dublin, Ireland.

Thriftify

Seed Round in 2020
Thriftify is an online double-sided marketplace that helps charities realize the true value of the unsold donated stock, including books, CDs, console games, and fashion. Thriftify has taken all of the complexities and challenges of selling online and combined them to create the charity retail platform. It is currently available to charity retailers and other ethical enterprises that want to sell online. The software makes it simple for volunteers working in charity shops to decide whether the item could get a better value on the Thriftify platform and to upload it.

Evercam

Seed Round in 2020
Evercam Limited is a Dublin-based company founded in 2013 that offers a software-as-a-service (SaaS) platform designed for managing cameras on construction sites. Its solution provides an application programming interface (API) that allows developers to create software compatible with any internet-connectable camera. The platform focuses on project management, dispute avoidance, and marketing, enabling users to effectively monitor construction activities and enhance communication among stakeholders. Through its innovative approach, Evercam aims to improve transparency and efficiency within the construction industry.

CloudNC

Venture Round in 2020
CloudNC Ltd. is a London-based company that specializes in developing software for designing tooling paths for numerically controlled (NC) machine tools. Founded in 2015, it provides a cloud computing service that automates the programming of computerized numerical control (CNC) milling machines, primarily serving the manufacturing industry. Recognizing the slow pace of modernization in manufacturing, CloudNC aims to enhance efficiency and sustainability through automation. The company envisions creating autonomous factories that significantly improve productivity and environmental impact, addressing the challenges faced by traditional manufacturing processes. By focusing on precision manufacturing, CloudNC seeks to revolutionize the industry, making it more efficient and positioning it at the forefront of technological innovation.

Soapbox Labs

Series A in 2020
SoapBox Labs has developed child-specific speech technology that creates highly accurate, age-appropriate and safe voice-enabled experiences for children. SoapBox Labs' technology is integrated across a range of application areas including toys, gaming, robotics, AR/VR as well as Education (reading and English Language Learning). Technology is fully COPPA and GDPR compliant - offering deep learning speech recognition based online and offline (embedded) solutions in multiple languages.

Output Sports

Seed Round in 2020
Output Sports operates as a sports tech start-up. We are revolutionizing the way athletic staff optimize sports performance. Using advanced signal processing and machine learning techniques we have developed an end-to-end solution that can test multiple components of athletic performance and track training programmes with a single wearable sensor.

Change Donations

Seed Round in 2020
Change Donations helps charities and non-profits fundraise in the digital age and connect with tomorrow's generation of donors. Their platform allows donors to link their credit or debit cards, round their purchases up to the next euro, and donate their digital spare change to the causes they care about most. They are building a community of everyday philanthropists and helping individuals inspire positive change through their everyday spending

AudioMob

Seed Round in 2019
AudioMob Limited owns and operates AudioMob Platform, an advertising technology that provides developers display audio advertising to end users who interact with developer property that use the AudioMob Services. AudioMob Limited was formerly known as JUKEBOX TECHNOLOGY LTD and changed its name to AudioMob Limited in July 2019. AudioMob Limited was incorporated in 2019 and is based in London, United Kingdom.

Manna Drone Delivery

Seed Round in 2019
Manna provides drone delivery as a service stack to restaurant chains, dark kitchens, and online food delivery platforms. Using custom-developed aerospace-grade drones, they deliver directly from restaurants and centralized kitchens to consumer's homes. It flies at an altitude of 80 meters and a speed of over 80kph, delivering within a 2km radius in less than 3 minutes.​ The company was founded in 2018 and is headquartered in Dublin, Ireland.

Penfold

Seed Round in 2019
Penfold operates a digital pension platform that simplifies pension saving for individuals, including the self-employed, freelancers, and contractors. The platform is managed entirely through mobile devices, offering users complete transparency to track their pensions in real time. It demystifies pensions and retirement planning, making the information accessible and engaging. Additionally, Penfold provides an auto-enrolment solution for employers, designed to be faster, easier, and more cost-effective than traditional options. By integrating these features, Penfold helps users avoid accumulating multiple small pension pots as they change jobs, ultimately promoting a more streamlined approach to retirement savings.

Manna Drone Delivery

Seed Round in 2019
Manna provides drone delivery as a service stack to restaurant chains, dark kitchens, and online food delivery platforms. Using custom-developed aerospace-grade drones, they deliver directly from restaurants and centralized kitchens to consumer's homes. It flies at an altitude of 80 meters and a speed of over 80kph, delivering within a 2km radius in less than 3 minutes.​ The company was founded in 2018 and is headquartered in Dublin, Ireland.

CheckVentory

Seed Round in 2019
CheckVentory Innovation specializes in providing inventory control solutions through a cloud-based platform and mobile technology. The company enables efficient audit management and reconciliation, allowing customers to assign and oversee audits from a single interface. By leveraging innovative mobile technology, CheckVentory helps clients utilize existing resources at various locations, significantly reducing the costs and time associated with conducting audits. The services offered include API development, software as a service, database consolidation, report development, and change management, all aimed at enhancing operational efficiency. Additionally, CheckVentory provides banks with essential information to improve credit control and cash flow management concerning funded inventory. The company is headquartered in Dun Laoghaire, Ireland.

HANetf

Series A in 2019
HANetf is an independent full-service provider of UCITS exchange-traded funds (ETFs) based in London, United Kingdom. Founded in 2017, the company offers a white-label platform that simplifies the process for asset managers to bring ETFs to market. By providing a comprehensive suite of services, including product development, compliance, marketing, and distribution, HANetf lowers the barriers to entry for traditional asset managers and new issuers seeking to enter the European ETF market. This platform enables clients to launch and manage UCITS ETFs without the need for extensive in-house infrastructure or significant costs, streamlining their operations and enhancing their market accessibility.

Catapult

Venture Round in 2019
Catapult Ventures Limited is a London-based company that has developed a mobile application aimed at connecting temporary workers with job opportunities. Founded in 2015, the platform allows workers to create profiles, find jobs, and rate their employers, thereby enhancing the employment experience. For businesses, Catapult offers a solution to meet fluctuating staffing needs by providing access to a pool of vetted and trained candidates. Employers can search for local temporary staff based on location and experience, evaluate candidates through videos and ratings, and send job offers with instant confirmation. This innovative approach empowers workers to choose their work schedules while giving employers the flexibility to manage their workforce effectively.

HealthBeacon

Series A in 2019
Healthbeacon Limited develops a smart sharps system that helps patients who use self-injectable medications at home to manage and improve their medical adherence effectively. It offers HealthBeacon, a connected device that supports patients to achieve medication adherence at home by accessing digital and home based support to get them started on therapy and help them improve overall compliance levels. The company was founded in 2013 and is based in Dublin, Ireland with additional offices in Canada and the United States.

Flipdish

Series A in 2018
Flipdish will be the go-to brand for online ordering for on-demand food businesses. Flipdish make branded ordering apps and websites for quick service delivery and takeout restaurants. Flipdish will be the go-to brand for online ordering for on-demand food businesses. Take control by using the Flipdish online ordering platform and power your online ordering business with your own branded website and app.

Soapbox Labs

Venture Round in 2018
SoapBox Labs has developed child-specific speech technology that creates highly accurate, age-appropriate and safe voice-enabled experiences for children. SoapBox Labs' technology is integrated across a range of application areas including toys, gaming, robotics, AR/VR as well as Education (reading and English Language Learning). Technology is fully COPPA and GDPR compliant - offering deep learning speech recognition based online and offline (embedded) solutions in multiple languages.

Flipdish

Venture Round in 2018
Flipdish will be the go-to brand for online ordering for on-demand food businesses. Flipdish make branded ordering apps and websites for quick service delivery and takeout restaurants. Flipdish will be the go-to brand for online ordering for on-demand food businesses. Take control by using the Flipdish online ordering platform and power your online ordering business with your own branded website and app.

Coras

Seed Round in 2018
Coras enables customers to purchase tickets they want from the sites they already use.

SalesOptimize

Venture Round in 2018
SalesOptimize helps sales and marketing teams resolve two of the biggest problems lead generation and lead scoring. It is a B2B online sales lead generation platform. Our patent technology scans the internet, analyzing online shops globally and ranks them in terms of merchant size - Enterprise ($20m) versus Sole Proprietor ($10k). These shops drive over $ 400 Billion Dollars in sales each year. Our algorithm can also uncover specific operating details such as which payment platform or shipping service an eCommerce site employs. A customer can download leads directly into their CRM system. We have cracked the problem of lead generation of online shops. Benefits to a business - Increase the overvalue of a sales pipeline 10 x - Double/triple sales within 2 years - Buy leads based on a company's perfect customer profile - De duplicate and not buy the same leads twice with our new B2B search engine - Keep lead converted costs below $10 - Clean up existing pipelines and remove the bad leads - Score and enrich leads coming from different data sources - Score and identify which Pay Per Click or inbound leads are hot leads - Reduce lead qualification time by up to 90%

LetsGetChecked

Series A in 2018
LetsGetChecked is an at-home health testing platform that connects customers to regulated laboratory testing to better manage and control one's individual health. LetsGetChecked is making healthcare and diagnostics open and patient-led, empowering people to use technology in a simple yet powerful way. This offers consumers greater control over their individual health. LetsGetChecked is headquartered in New York, NY, with tests covering general wellness, sexual health, women's health and men's health, and is available nationwide, as well as in Canada and Europe.

HANetf

Seed Round in 2017
HANetf is an independent full-service provider of UCITS exchange-traded funds (ETFs) based in London, United Kingdom. Founded in 2017, the company offers a white-label platform that simplifies the process for asset managers to bring ETFs to market. By providing a comprehensive suite of services, including product development, compliance, marketing, and distribution, HANetf lowers the barriers to entry for traditional asset managers and new issuers seeking to enter the European ETF market. This platform enables clients to launch and manage UCITS ETFs without the need for extensive in-house infrastructure or significant costs, streamlining their operations and enhancing their market accessibility.

Coras

Seed Round in 2017
Coras enables customers to purchase tickets they want from the sites they already use.

Factory

Venture Round in 2017
Factory develops and operates offices for fast growing startups and technology companies. Their model focuses on clustering successful startups, international tech giants and young entrepreneurs in sizable office complexes to facilitate exchange, shared knowledge and provide the framework for serendipity to take place. The Factory concept originated in Berlin in early 2012 as a response to the dire need for flexible contracts for office space from technology startups, doubling in size sometimes inside 12 months. Understanding the specific growth trends and needs for tech-focused firms, their spaces and rental contracts are designed to support the individual phases of their development. Beyond well designed, flexible office space, Factory’s cluster model creates proximity and allows like-minded companies to network, host events together and ultimately build meaningful partnerships and relationships with one another. The environment they strive for on their campuses is open and collaborative – where all parties are supporting each other along their growth trajectory. They have defined six elements at the core of the Factory model: Community, Technology, Events, Partnerships, Communication and Space. While it is intrinsic for the startup community to be open and share with one another, often other actors within society have difficulty in finding an inroad. Factory offers access by the established industry, academia and politicians through a physical manifestation of a city’s technology community.

MysteryVibe

Seed Round in 2017
MysteryVibe creates award-winning Sexual Health Products. Deeply researched, anatomically designed, doctor-endorsed products to make intimacy easy. Our vision is to create a world where everyone has the space, freedom, knowledge & power to elevate their sexual health & wellbeing. WE RESEARCH, WE INVENT We invent category defining products that combine the best of humanity & technology to create the ultimate personalised pleasure experience. Our tech is patented and proven. Our products are the most certified, award winning and loved out there. WE CHALLENGE THE STATUS QUO We want to make sexual health as commonplace as ... health. So anyone from post-natal to post-menopause; adventurer to ED solver; singles to long-term couples, can use our tools, talks & techniques to bring that mystery back into their bedrooms. WE MAKE THINGS PERSONAL We believe that understanding our pleasure is the key to unlocking our progress. As individuals, within relationships and as a society. By encouraging self discovery, self exploration, self awareness, self confidence and self love, we can improve the world's health and wellbeing.

Solvotrin Therapeutics

Venture Round in 2017
Solvotrin Therapeutics Ltd is a pharmaceutical company. The company produces ACTIVE IRON, an oral ferrous sulfate supplement. It also engages in the research, development, and production of vitamins, minerals, and therapies. Solvotrin Therapeutics Ltd was incorporated in 2009 and is based in Cork, Ireland.

Soapbox Labs

Seed Round in 2017
SoapBox Labs has developed child-specific speech technology that creates highly accurate, age-appropriate and safe voice-enabled experiences for children. SoapBox Labs' technology is integrated across a range of application areas including toys, gaming, robotics, AR/VR as well as Education (reading and English Language Learning). Technology is fully COPPA and GDPR compliant - offering deep learning speech recognition based online and offline (embedded) solutions in multiple languages.

CheckVentory

Seed Round in 2016
CheckVentory Innovation specializes in providing inventory control solutions through a cloud-based platform and mobile technology. The company enables efficient audit management and reconciliation, allowing customers to assign and oversee audits from a single interface. By leveraging innovative mobile technology, CheckVentory helps clients utilize existing resources at various locations, significantly reducing the costs and time associated with conducting audits. The services offered include API development, software as a service, database consolidation, report development, and change management, all aimed at enhancing operational efficiency. Additionally, CheckVentory provides banks with essential information to improve credit control and cash flow management concerning funded inventory. The company is headquartered in Dun Laoghaire, Ireland.

MysteryVibe

Seed Round in 2016
MysteryVibe creates award-winning Sexual Health Products. Deeply researched, anatomically designed, doctor-endorsed products to make intimacy easy. Our vision is to create a world where everyone has the space, freedom, knowledge & power to elevate their sexual health & wellbeing. WE RESEARCH, WE INVENT We invent category defining products that combine the best of humanity & technology to create the ultimate personalised pleasure experience. Our tech is patented and proven. Our products are the most certified, award winning and loved out there. WE CHALLENGE THE STATUS QUO We want to make sexual health as commonplace as ... health. So anyone from post-natal to post-menopause; adventurer to ED solver; singles to long-term couples, can use our tools, talks & techniques to bring that mystery back into their bedrooms. WE MAKE THINGS PERSONAL We believe that understanding our pleasure is the key to unlocking our progress. As individuals, within relationships and as a society. By encouraging self discovery, self exploration, self awareness, self confidence and self love, we can improve the world's health and wellbeing.

MysteryVibe

Seed Round in 2015
MysteryVibe creates award-winning Sexual Health Products. Deeply researched, anatomically designed, doctor-endorsed products to make intimacy easy. Our vision is to create a world where everyone has the space, freedom, knowledge & power to elevate their sexual health & wellbeing. WE RESEARCH, WE INVENT We invent category defining products that combine the best of humanity & technology to create the ultimate personalised pleasure experience. Our tech is patented and proven. Our products are the most certified, award winning and loved out there. WE CHALLENGE THE STATUS QUO We want to make sexual health as commonplace as ... health. So anyone from post-natal to post-menopause; adventurer to ED solver; singles to long-term couples, can use our tools, talks & techniques to bring that mystery back into their bedrooms. WE MAKE THINGS PERSONAL We believe that understanding our pleasure is the key to unlocking our progress. As individuals, within relationships and as a society. By encouraging self discovery, self exploration, self awareness, self confidence and self love, we can improve the world's health and wellbeing.