eToro is a social trading investment network that facilitates financial trading by allowing users to observe and replicate the trading activities of others. Established in 2007 and headquartered in London, the platform aims to democratize access to global markets by providing tools for both manual and automated trading across various asset classes, including traditional investments and cryptocurrencies. Its key features include the OpenBook and WebTrader platforms, which enable users to share live trading insights and learn from one another. eToro's model fosters a collaborative environment where investors can leverage the expertise of their peers while making informed trading decisions. The company also maintains registered offices in Cyprus and Israel, operating as a subsidiary of eToro Group Limited.
Entrepreneur First Operations Limited, founded in 2011 and headquartered in London, is an accelerator focused on seed funding for technology startups. The firm emphasizes investing in individuals who are "pre-team, pre-idea," selecting participants based solely on technical talent rather than existing business concepts. It operates a six-month program in various global locations, including London, Singapore, Berlin, Paris, and Bangalore, providing stipends to participants to support their initial development. Entrepreneur First targets early-stage technology ventures, typically taking a 10 percent equity stake in startups. The firm has successfully launched over 100 startups, collectively valued at over $1 billion, and is backed by notable investors such as Y Combinator and Index Ventures.
Kitopi Catering Services LLC is a managed cloud kitchen platform that collaborates with restaurants to enhance their delivery capabilities. Founded in 2018 and headquartered in New York, the company offers the necessary infrastructure and software for restaurants to establish delivery-only locations without significant capital investment or time constraints. Kitopi's in-house suite of applications streamlines kitchen operations in real-time, supporting ghost kitchens across various cities, including Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. By providing management services, delivery management, and access to trained staff, Kitopi enables restaurateurs to efficiently operate and manage their delivery-only establishments. The platform aims to make food more affordable and accessible to consumers.
MSquared
Venture Round in 2022
MSquared (M²) develops a network that allows metaverses to be used together. It uses blockchain and cryptocurrency to connect digital assets to various organizations. MSquared is based in London, United Kingdom.
A corporate language learning platform that uniquely offers active practice alongside algorithmically matched native language coaches who share their students' professional backgrounds and interests. On the app, engineers are learning Arabic from engineers and aid workers are learning French from medical doctors and achieving industry topping course completion rates. Chatterbox language coaches are professionals who have become forcibly displaced and are currently undervalued in the labour market. Co-founded by a former refugee and Y Combinator alum, Chatterbox is backed by BGV, All Turtles and WeWork.
Gousto is a meal kit delivery service that supplies customers with fresh, organic, and seasonal ingredients in precise portions to prepare home-cooked meals. Founded in 2011 by Timo and James, the company addresses the challenges of busy lifestyles by offering a convenient way to access diverse recipes, which are developed by both professional chefs and passionate home cooks. Customers can select from a regularly updated menu of recipes online, with deliveries made weekly to their doorsteps. The service allows users to pause their subscriptions when needed, making it flexible for those with varying schedules. Initially introduced through market stalls, Gousto has since expanded to a comprehensive service that prioritizes quality and variety, moving away from the limitations of traditional supermarket ready-meals.
PrimaryBid Limited operates an online investment platform aimed at providing private investors with equitable access to placings, fundraisings, and IPOs of AIM-listed companies. Founded in 2012 and based in London, the platform allows individual investors to bid for new shares on their own terms, ensuring they transact simultaneously and at the same price as institutional investors. Through a long-term agreement with the London Stock Exchange, PrimaryBid has established the infrastructure necessary to connect retail investors directly with public companies during critical fundraising opportunities. The company also partners with firms like Shore Capital Group, finnCap, and Arden to enhance its offerings. By automating the aggregation of retail demand, PrimaryBid facilitates participation from a large pool of investors, enabling businesses across the Eurozone to access their discounted share issuances more effectively.
Soul Machines Limited specializes in creating emotionally responsive avatars that enhance user interactions with artificial intelligence platforms. Founded in 2016 and headquartered in Auckland, New Zealand, the company also operates offices in major cities including San Francisco, New York, London, Tokyo, and Melbourne. Its flagship product, Digital DNA Studio, empowers users to design custom digital personas for various applications, including customer care, marketing, education, and training. By leveraging advanced technology, Soul Machines aims to redefine customer engagement and promote deeper interactivity, ultimately transforming how individuals interact with machines and brands. The company's innovative approach focuses on creating empathetic AI assistants that facilitate meaningful human-machine collaboration, enhancing overall user experiences across multiple sectors, from retail to healthcare.
Big Health is a London-based company that develops and markets digital healthcare solutions focused on improving mental health and sleep disorders. Its flagship product, Sleepio, is a digital sleep improvement program that utilizes Cognitive Behavioral Therapy techniques to address individual sleep challenges. The platform offers fully-automated, personalized therapeutic sessions, allowing users to engage with their specific issues and track their progress. In addition to Sleepio, Big Health provides a broader digital healthcare portal that delivers customized behavioral programs aimed at various mental health concerns, all designed in consultation with medical professionals to ensure efficacy and relevance.
Gousto is a meal kit delivery service that supplies customers with fresh, organic, and seasonal ingredients in precise portions to prepare home-cooked meals. Founded in 2011 by Timo and James, the company addresses the challenges of busy lifestyles by offering a convenient way to access diverse recipes, which are developed by both professional chefs and passionate home cooks. Customers can select from a regularly updated menu of recipes online, with deliveries made weekly to their doorsteps. The service allows users to pause their subscriptions when needed, making it flexible for those with varying schedules. Initially introduced through market stalls, Gousto has since expanded to a comprehensive service that prioritizes quality and variety, moving away from the limitations of traditional supermarket ready-meals.
Developer of educational software designed to boost learner outcomes. The company's platform features a personalized learning journey, adaptive learning, adaptive mock tests, detailed performance analytics, automated marking, and homework planning, enabling teachers to keep students on their optimal learning paths.
Robin AI is a legal technology startup focused on automating legal processes through artificial intelligence. Its software enhances the contract mark-up process by providing essential features while ensuring enterprise-grade encryption and security, which helps safeguard sensitive data. The platform empowers legal teams to delegate low-complexity tasks, thereby simplifying and streamlining legal workflows. By automating routine aspects of legal work, Robin AI enables professionals to concentrate on more complex and high-value tasks, ultimately improving productivity and efficiency within legal practices.
Clarity AI, Inc. offers a technology platform designed to measure and optimize the social impact of investment portfolios. Founded in 2017 and headquartered in Albany, New York, with additional offices in Madrid and London, the company utilizes big data and machine learning to analyze the societal effects of investments and organizations. Its SaaS-based solution provides extensive coverage of social and environmental impact data, enabling asset managers to make informed decisions and allocate capital more efficiently. Clarity AI's platform aggregates multiple data sources to enhance the reliability of insights, supporting end-to-end sustainability analysis for various stakeholders, including investors and corporate entities. By equipping decision-makers with the necessary tools to understand and optimize their social and environmental impacts, Clarity AI aims to promote socially efficient capital allocation across the market.
Permutive, Inc. is a publisher-focused data management platform that specializes in developing an ad-server for sponsored content. Founded in 2015 and headquartered in London, with an additional office in New York, the company offers a software-as-a-service (SaaS) solution that enables publishers to enhance their targetable advertising capabilities and improve return on investment. Permutive also creates custom ad formats tailored to the needs of its clients, positioning itself as a key player in the advertising technology sector.
Private Equity Round in 2021
360Learning is a Paris-based company founded in 2010 that provides a collaborative online learning platform for businesses. The platform allows organizations to create and manage e-training courses, focusing on employee onboarding, training customer-facing teams, and developing professional skills. By combining collaborative tools with a Learning Management System (LMS), it facilitates a culture of learning driven by collective expertise rather than traditional top-down approaches. With a user-friendly design, the platform supports businesses in delivering effective training without requiring specific technical skills. 360Learning serves over 1,200 organizations, including notable companies like Toyota, Criteo, and Airbus. The company has successfully raised $41 million and employs around 180 people across locations in New York, Paris, and London.
Zopa Limited operates an online marketplace lending platform in the United Kingdom, facilitating peer-to-peer lending by connecting individual borrowers with lenders, including both individuals and institutions. Founded in 2004 and based in London, Zopa offers a variety of loan products, such as car loans, debt consolidation loans, home improvement loans, and wedding loans. The platform categorizes borrowers based on credit ratings and allows lenders to make offers tailored to these grades. Zopa manages the loan process by handling legal paperwork, conducting identity and credit checks, and ensuring repayment through direct debit agreements. The company generates revenue by charging borrowers a fixed fee and lenders a 1% annual fee. Zopa has received multiple awards for its innovation and customer service and is recognized as one of the founding members of the UK's Peer-to-Peer Finance Association.
Elliptic Enterprises Limited, based in London, operates a platform focused on enhancing the transparency and accountability of cryptocurrency transactions. Established in 2013, the company offers blockchain analytics and compliance solutions that help financial institutions, cryptocurrency companies, and government agencies manage financial crime risk and fulfill regulatory requirements. Elliptic provides actionable intelligence to identify and combat illicit activities within the cryptocurrency space, thereby contributing to the integrity of digital currencies. The company also offers Elliptic Vault, a secure storage service for bitcoins, and is involved in lobbying, education, and advocacy related to digital currencies. By addressing the critical challenge of identity verification in cryptocurrencies, Elliptic aims to prevent criminals from undermining the positive potential of this technology.
ContractPodAi is a rapidly growing provider of AI-based contract management solutions, designed to serve global corporations. Its software features an innovative tool called E:V, which is recognized as the world's first end-to-end artificial intelligence contract analyst. E:V is equipped with an intuitive interface that allows it to read, interpret, analyze, and report on crucial contract information. Additionally, the platform manages the entire contract workflow, including approvals, and automatically sets alerts and reminders for important dates. By streamlining contract management processes, ContractPodAi enables businesses to effectively navigate digital transformation and improve operational efficiency.
Vestiaire Collective is a social commerce platform that specializes in the resale of luxury and designer fashion items. Founded in 2009 and headquartered in Paris, the company connects a global community of over 7.5 million members across 50 countries, facilitating the buying and selling of pre-owned fashion products. Each week, more than 30,000 new items are added by sellers, providing buyers with access to thousands of curated luxury pieces daily. The platform features a diverse range of verified vintage and designer clothing, jewelry, accessories, and footwear, ensuring a trusted and sustainable shopping experience. In addition to its Paris headquarters, Vestiaire Collective operates offices in major cities such as London, New York, Milan, Berlin, and Hong Kong.
Envelop Risk Analytics Limited, founded in 2016 and headquartered in London with additional offices in Boston, Washington, and Bermuda, specializes in providing cyber insurance analytics and underwriting services for insurers and reinsurers. The company employs an augmented intelligence approach that integrates human expertise in cybersecurity and underwriting with advanced artificial intelligence-driven modeling and simulation. This innovative methodology enables the accurate pricing of policies and portfolios by offering insights into potential attacker targets and assessing existing defenses. Through its specialized services, Envelop Risk aims to enhance the understanding of cyber risk in the insurance industry.
Gelato operates as a leading on-demand printing platform that specializes in customized print products. It provides a comprehensive solution for entrepreneurs, creators, and global brands, allowing them to sell and produce products locally in 30 countries. This approach enables businesses to reach a vast potential consumer base of up to 5 billion people quickly. Gelato's platform eliminates the challenges of inventory management and cross-border shipping, streamlining the process for users. The company serves a diverse range of clients, from small startups to large enterprises, and has established a global presence with offices in major cities including Boston, London, Moscow, and Tokyo, while maintaining its headquarters in Oslo, Norway.
Revolut Limited, established in 2013 and based in London, United Kingdom, is a financial services company that offers a mobile application for users to manage their finances. The platform enables users to exchange currencies at interbank rates, send money through social networks, and utilize a multi-currency card for spending. It provides services such as currency exchange, peer-to-peer payments, and direct bank transfers, while also allowing users to track and optimize their monthly expenses. Additionally, Revolut offers insurance products, including phone, medical, and travel insurance, and facilitates the buying and selling of cryptocurrencies. The company's mission is to create a fair and seamless platform for managing money globally.
Cybereason Inc. develops a comprehensive cybersecurity platform focused on endpoint protection, including endpoint detection and response, anti-ransomware, anti-malware, and antivirus solutions. Founded in 2012 by a team of elite intelligence professionals, the company offers a suite of products designed to detect, analyze, and respond to cyber threats. Key offerings include Deep Detect & Respond, which analyzes behavioral data to identify suspicious activities; Deep Prevent, aimed at blocking advanced attacks; Deep Investigate, which collects enterprise data for threat analysis; and Deep Respond, a threat detection and response interface. Additionally, Cybereason provides RansomFree, an anti-ransomware solution, alongside various services such as monitoring, investigation, and training. The company is headquartered in Boston and maintains offices in London, Tel Aviv, and Tokyo, leveraging a custom-built in-memory graph to enhance its threat detection capabilities.
Kitopi Catering Services LLC is a managed cloud kitchen platform that collaborates with restaurants to enhance their delivery capabilities. Founded in 2018 and headquartered in New York, the company offers the necessary infrastructure and software for restaurants to establish delivery-only locations without significant capital investment or time constraints. Kitopi's in-house suite of applications streamlines kitchen operations in real-time, supporting ghost kitchens across various cities, including Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. By providing management services, delivery management, and access to trained staff, Kitopi enables restaurateurs to efficiently operate and manage their delivery-only establishments. The platform aims to make food more affordable and accessible to consumers.
Splyt Technologies Ltd. is a B2B mobility marketplace that facilitates a seamless connection between drivers and passengers for ground-based transportation. Founded in 2014 and based in London, the company offers a single API that allows demand-side partners to access mobility inventory without the need for additional downloads or registrations. This integration enables businesses to embed transportation services directly into their applications, allowing customers to book rides, make payments, and track their journeys while earning rewards. By providing tools such as the Splyt widget and API, Splyt aims to enhance customer experiences, foster loyalty, and drive revenue growth for its partners.
Behavox Ltd. specializes in compliance surveillance software, catering primarily to the capital markets sector. Founded in 2014 and based in London, with additional offices in St Petersburg and Tokyo, Behavox offers solutions such as Behavox Compliance, which monitors employee activities and assesses risk, and Behavox Voice, which analyzes voice recordings with features like multi-lingual support. The company's enterprise platform consolidates various data types into a single data lake, enabling users to apply machine learning for detecting misconduct and insider threats. Behavox's technology leverages advanced algorithms and machine learning to continuously enhance detection capabilities. The company aims to address complex challenges in financial services through sophisticated engineering and innovative applications of academic research.
Greensill Capital, founded in 2011 and headquartered in London, offers a range of financial services including supply chain finance, structured trade finance, and working capital optimization. The company aims to provide alternative financing solutions for businesses worldwide, unlocking capital to facilitate operations and growth. With a global presence including offices in major cities such as New York, Sydney, Frankfurt, and Miami, Greensill serves millions of customers and suppliers across over 175 countries. By transforming cash advances into bond-like securities, Greensill enables clients to access higher interest returns compared to traditional bank deposits, providing flexible capital solutions tailored to their needs.
Cybereason Inc. develops a comprehensive cybersecurity platform focused on endpoint protection, including endpoint detection and response, anti-ransomware, anti-malware, and antivirus solutions. Founded in 2012 by a team of elite intelligence professionals, the company offers a suite of products designed to detect, analyze, and respond to cyber threats. Key offerings include Deep Detect & Respond, which analyzes behavioral data to identify suspicious activities; Deep Prevent, aimed at blocking advanced attacks; Deep Investigate, which collects enterprise data for threat analysis; and Deep Respond, a threat detection and response interface. Additionally, Cybereason provides RansomFree, an anti-ransomware solution, alongside various services such as monitoring, investigation, and training. The company is headquartered in Boston and maintains offices in London, Tel Aviv, and Tokyo, leveraging a custom-built in-memory graph to enhance its threat detection capabilities.
DICE FM Limited is a mobile ticketing platform based in London, United Kingdom, that enables users to discover and book tickets for music gigs, club nights, and festivals. Founded in 2014, the platform focuses on connecting fans with live events and enhancing the visibility of performing artists. DICE simplifies the ticket purchasing process, allowing users to quickly find and secure tickets for events in their area. By prioritizing user experience, DICE aims to facilitate attendance at live performances, contributing to the vibrant music scene.
Greensill Capital, founded in 2011 and headquartered in London, offers a range of financial services including supply chain finance, structured trade finance, and working capital optimization. The company aims to provide alternative financing solutions for businesses worldwide, unlocking capital to facilitate operations and growth. With a global presence including offices in major cities such as New York, Sydney, Frankfurt, and Miami, Greensill serves millions of customers and suppliers across over 175 countries. By transforming cash advances into bond-like securities, Greensill enables clients to access higher interest returns compared to traditional bank deposits, providing flexible capital solutions tailored to their needs.
OneWeb is focused on developing a global communications network using a constellation of low Earth orbit satellites to provide high-speed, low-latency internet access worldwide. Founded in 2012 and initially known as WorldVu Satellites Ltd., the company aims to create a comprehensive coverage footprint that delivers connectivity solutions for broadband services, government applications, and cellular backhaul. Its network is designed to support various industries requiring reliable global connectivity, including aviation, maritime, automotive, and rail transport. OneWeb began launching its satellite constellation in February 2019, and by March 2020, it had successfully deployed 74 of the planned 648 satellites. Based in McLean, Virginia, with operations linked to London, OneWeb continues to work towards expanding its satellite network to enhance internet accessibility for users around the globe.
OakNorth Bank is a digital-only commercial bank based in London, established in 2015. It specializes in providing a variety of financial products and services tailored for small and medium-sized enterprises in the United Kingdom. The bank offers debt financing, property funding, restructuring, and recapitalization solutions, as well as personal and business savings accounts, fixed-term deposits, and ISAs. OakNorth utilizes a next-generation credit platform that leverages machine learning and extensive data analysis to deliver customized loans, facilitating quicker approvals and better credit outcomes for growing businesses often overlooked by traditional banks. Since its inception, OakNorth has raised over $1 billion from prominent investors and manages over $17 billion in assets. The founders, Rishi Khosla and Joel Perlman, aimed to address the challenges they encountered in securing financing for their previous venture and have since positioned OakNorth as a key player in supporting the "Missing Middle" of the economy.
Cybereason Inc. develops a comprehensive cybersecurity platform focused on endpoint protection, including endpoint detection and response, anti-ransomware, anti-malware, and antivirus solutions. Founded in 2012 by a team of elite intelligence professionals, the company offers a suite of products designed to detect, analyze, and respond to cyber threats. Key offerings include Deep Detect & Respond, which analyzes behavioral data to identify suspicious activities; Deep Prevent, aimed at blocking advanced attacks; Deep Investigate, which collects enterprise data for threat analysis; and Deep Respond, a threat detection and response interface. Additionally, Cybereason provides RansomFree, an anti-ransomware solution, alongside various services such as monitoring, investigation, and training. The company is headquartered in Boston and maintains offices in London, Tel Aviv, and Tokyo, leveraging a custom-built in-memory graph to enhance its threat detection capabilities.
Improbable Worlds Ltd., founded in 2012 and based in London, focuses on developing an operating system that enables the creation of simulated worlds. The company is known for its platform, SpatialOS, which allows developers to build large-scale, persistent virtual environments that transcend the limitations of traditional computing. Improbable's technology finds applications across various sectors, including gaming, urban planning, defense, and disease prevention, aiming to solve complex problems and facilitate innovative solutions. By providing tools for simulation, Improbable seeks to enhance gameplay experiences and contribute to better functioning systems in real-world scenarios. The company is committed to fostering a diverse workforce and a culture of innovation through experimentation and iteration.
OneWeb is focused on developing a global communications network using a constellation of low Earth orbit satellites to provide high-speed, low-latency internet access worldwide. Founded in 2012 and initially known as WorldVu Satellites Ltd., the company aims to create a comprehensive coverage footprint that delivers connectivity solutions for broadband services, government applications, and cellular backhaul. Its network is designed to support various industries requiring reliable global connectivity, including aviation, maritime, automotive, and rail transport. OneWeb began launching its satellite constellation in February 2019, and by March 2020, it had successfully deployed 74 of the planned 648 satellites. Based in McLean, Virginia, with operations linked to London, OneWeb continues to work towards expanding its satellite network to enhance internet accessibility for users around the globe.
Private Equity Round in 2016
William Morris Endeavor (also known as WME) is one of the world's largest talent agencies, with offices in Beverly Hills, New York, Nashville, London, and Miami. The company was formed in 2009, following the merger of Endeavor and the William Morris Agency. WME also advises some of the world's most recognized consumer brands to create entertainment-based marketing solutions and invests in companies across the digital media landscape. WME is headquartered in Beverly Hills with offices in New York, London, Nashville and Miami. WME represents elite artists across every entertainment sector, specifically film, television, music, theatre, advertising, literature and digital media. It also advises top consumer brands and provides clients with unique marketing solutions across social media, mobile and gaming platforms.
Cybereason Inc. develops a comprehensive cybersecurity platform focused on endpoint protection, including endpoint detection and response, anti-ransomware, anti-malware, and antivirus solutions. Founded in 2012 by a team of elite intelligence professionals, the company offers a suite of products designed to detect, analyze, and respond to cyber threats. Key offerings include Deep Detect & Respond, which analyzes behavioral data to identify suspicious activities; Deep Prevent, aimed at blocking advanced attacks; Deep Investigate, which collects enterprise data for threat analysis; and Deep Respond, a threat detection and response interface. Additionally, Cybereason provides RansomFree, an anti-ransomware solution, alongside various services such as monitoring, investigation, and training. The company is headquartered in Boston and maintains offices in London, Tel Aviv, and Tokyo, leveraging a custom-built in-memory graph to enhance its threat detection capabilities.
Sulake Oy is a social entertainment company based in Helsinki, Finland, known for developing and providing online social games and communities. Founded in 2000, the company is best recognized for its flagship product, Habbo Hotel, which allows users to create personalized avatars, interact with others, play games, and engage in a vibrant social environment. Over the years, Habbo has evolved into one of the largest social hangouts globally, attracting millions of users each month. In 2018, Sulake expanded its portfolio by launching Hotel Hideaway, a new 3D virtual world designed for mobile devices. Sulake focuses on creating safe and enjoyable online spaces where users can express themselves, meet new people, and share user-generated content. The company also has operational centers in Madrid and London, enhancing its engagement and design capabilities.
Founded in 1996, iLumin is headquartered in Reston, Virginia with offices in New York, San Francisco, Los Angeles, and London. iLumin provides enterprise message management tools that deliver a comprehensive solution to address the ever-growing challenges of today's corporate message systems. iLumin's flagship product, Assentor Enterprise, delivers archiving, regulatory compliance, corporate supervision, mailbox management, discovery and litigation support solutions for commercial industry and government organizations. iLumin is a leading provider of intelligent content solutions that maximize the business value of corporate messaging systems, provide an immediate ROI by lowering total cost of ownership and effectively manage the risks inherent with these systems. iLumin also has a stable of secure messaging, storage, and electronic signatures products, that can be used in concert with Assentor Enterprise or separately. iLumin is directed by an experienced management team and backed by some of the industry's most solid and respected investment and financial services firms, which include DB Capital Venture Partners, MidOcean Partners, Rock Creek Capital, Softbank and Wachovia Strategic Ventures.
PocketThis was founded in 1999 and has more than 35 employees. They're based in the Silicon Valley in northern California and have European offices in London, Paris and Sweden. PocketThis delivers packaged software that allows mobile operators to rapidly partner with content and service providers, create new and useful services, and generate increased mobile data services revenue.
PocketThis was founded in 1999 and has more than 35 employees. They're based in the Silicon Valley in northern California and have European offices in London, Paris and Sweden. PocketThis delivers packaged software that allows mobile operators to rapidly partner with content and service providers, create new and useful services, and generate increased mobile data services revenue.