About Entrepreneur First
Entrepreneur First, an accelerator and incubator program founded in 2011, is based in London, United Kingdom. With a presence in 19 countries, it has supported around 638 startups in sectors like Enterprise Applications, High Tech. As of Apr 2026, Entrepreneur First has 1 unicorn under its belt and has witnessed 56 portfolio exits. Most notable companies in
its portfolio include Deliveroo, Cleo AI and Aztec. The program is backed by a team of 78 people who primarily support Seed startups based in United Kingdom. Its latest investment was a Undisclosed Series A round in Hadean on Mar 11, 2026, which also saw participation from Booz Allen Hamilton and British Business Bank.
Key Metrics
Founded Year
2011
Location
London, United Kingdom
Sectors of Investment
Stages of Investment
Seed, Series A & 5 more
Locations of Investment
Unicorn in Portfolio
Entrepreneur First's List of Top Investments
Entrepreneur First has a portfolio of 638 companies, one of which is a Unicorn. Their most notable investments are in Hadean and AI Motion Sports.Their portfolio spans across United Kingdom, Singapore, United States and 16 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 35 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by Entrepreneur First:
1. Deliveroo
Platform offering food and grocery delivery services. It allows users to discover multiple restaurants and track the food orders. The platform also allows users to order groceries such as fruits, vegetables, meals, seafood, meat, eggs, and more. The mobile app is available for both Android and iOS users.
Key facts about Deliveroo
- Founded Year: 2013
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $2.95B
- Employee Count: 10,472 as on Mar 31, 2026
- Investors: Colt Ventures, Fidelity Investments and 130 Others
- Latest Funding Round: Post IPO, Jun 15, 2021, $*****
- Highlight: Acquired
2. Cleo AI
Provider of cloud and AI-based chatbots for personal finance. It helps users in expense management. It knows when user's bills need to be paid and how to optimize spending each day. It provides real insights into user's spending. It analyzes spending habits to make smart recommendations of how they can save money. It also provides salary advances to users. It provides an app-based platform that is available on iOS & Android devices.
Key facts about Cleo AI
- Founded Year: 2015
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $175M
- Employee Count: 608 as on Feb 28, 2026
- Investors: TriplePoint Capital, Balderton Capital and 53 Others
- Latest Funding Round: Series C, Apr 13, 2022, $*****
- Highlight: Editors' Pick

3. Aztec
Blockchain-based network for digital security token management. It provides users with to ultimate security shield for the internet of money, protecting the user & business data, and more. It offers identity privacy, balance privacy, code privacy, private assets management, and more.
Key facts about Aztec
- Founded Year: 2018
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $119M
- Employee Count: 118 as on Feb 28, 2026
- Investors: A.Capital Ventures, Andreessen Horowitz and 28 Others
- Latest Funding Round: Series B, Dec 13, 2022, $*****
- Highlight: Editors' Pick
Provider of software-defined robotics system for warehouse operations. It offers robotic systems that provide logistics services or solutions to sort and consolidate parcels. It also provides solutions that include automated robotic systems, operations management, and more. It helps in managing warehouse space utilization.
Key facts about Unbox Robotics
- Founded Year: 2019
- Location: Pune (India)
- Annual Revenue: ₹14.9Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $28.2M
- Employee Count: 105 as on Jul 31, 2025
- Investors: ICICI Venture, F-Prime Capital and 53 Others
- Latest Funding Round: Series B, Jan 05, 2026, $*****
- Highlight: Editors' Pick
5. Ai Palette
AI-powered platform for CPG innovation, trend discovery, and product development. It is a SaaS platform that helps consumer packaged goods brands discover emerging trends in real-time, create new product concepts, and virtually validate them. The platform offers solutions for marketing, R&D innovation, and consumer insights, catering to various industries like flavor and fragrance houses, and ingredient companies. It provides tools like Foresight Engine, Concept Genie, Screen Winner, FoodGPT, and Brand SAY to monitor brand equity and accelerate innovation. The platform uses artificial intelligence and machine learning to provide data-driven insights for faster, cost-effective brand discovery, launch, and growth. It helps in innovation, renovation, and optimizing product portfolios. The platform offers resources like blogs, reports, webinars, and case studies. It is a cloud based platform that offers subscription based services.
Key facts about Ai Palette
- Founded Year: 2018
- Location: Singapore (Singapore)
- Annual Revenue: 3.98M SGD as on Dec 31, 2024
- Stage: Acquired
- Total Funding till date: $12.7M
- Employee Count: 69 as on Jul 01, 2024
- Investors: Anthill Ventures, C9 Capital and 10 Others
- Latest Funding Round: Series A, Jun 24, 2024, $*****
- Highlight: Acquired
Entrepreneur First's Year-on-Year Investment Trends
Entrepreneur First has invested in 638 companies over the last 13 years, with an average of 26 new investments annually in the last 10 years. In 2025, it made 19 investments, while as of Mar 2026, it has made 8 investments in this year. Its most recent first time investment was in Mutable Tactics and most recent follow-on round was in Hadean.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 3 | 8 |
2025 | 15 | 4 | 19 |
2024 | 10 | 5 | 15 |
2023 | 18 | 9 | 27 |
2022 | 33 | 15 | 48 |
2021 | 44 | 11 | 55 |
2020 | 34 | 8 | 42 |
2019 | 48 | 8 | 56 |
2018 | 20 | 3 | 23 |
2017 | 21 | 5 | 26 |
Entrepreneur First's Investments by Stage
Entrepreneur First has made 245 investments in Seed stage with an average round size of $1.93M, 21 investments in Series A stage with an average round size of $23.7M and 3 investments in Series B stage with an average round size of $31.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 245 |
Series A | 21 |
Series B | 3 |
Conventional Debt | 1 |
Post IPO | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Entrepreneur First's Investments by Sector
Entrepreneur First has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Vertical SaaS and Consumer. Notably, it has invested in 571 Tech companies, 504 Enterprise (B2B) companies, 410 Software companies and at least 208 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 164 |
High Tech | 98 |
FinTech | 48 |
Vertical SaaS | 44 |
Consumer | 36 |
Others | 362 |
Note: We have considered here, only first round of investments
Entrepreneur First's Investments by Geography
Entrepreneur First has made most investments in United Kingdom (104), followed by Singapore where it has made 62 investments.Country | No. of Investments |
|---|---|
United Kingdom | 104 |
Singapore | 62 |
India | 39 |
France | 21 |
United States | 20 |
Others | 33 |
Note: We have considered here, only first round of investments
Entrepreneur First's recent investments
Entrepreneur First has made 8 investments in 2026 so far. Hadean and Mutable Tactics are the latest among them.Here are the most recent investments by Entrepreneur First:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 11, 2026 | United Kingdom | Series A | 8136 | [+2] | |
Mar 04, 2026 | - | Seed | 1065 | [+3] | |
Feb 12, 2026 | United States | Series A | 8686 | [+3] | |
Feb 11, 2026 | United Kingdom | Seed | 2020 | [+4] | |
Feb 10, 2026 | United Kingdom | Seed | 3629 | [+4] |
Unicorns in Entrepreneur First's Portfolio
Entrepreneur First has 1 unicorn in its portfolio - Tractable. The most recent unicorn in their portfolio is Tractable which became a unicorn in 2021, 5 years after Entrepreneur First first invested in it.Here is a list of unicorns in Entrepreneur First's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Developer of AI solutions for damage assessment and part identification | 2014 | London | Series E | fkqh{vk |
Acquired companies in Entrepreneur First's Portfolio
56 companies from Entrepreneur First's portfolio have been acquired. The most recent acquisition were Rightbot in Jan 2026 by Amazon.Here are Entrepreneur First's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 07, 2026 | Jul 23, 2020 | Seed | 4399 | |
Jan 06, 2026 | - | - | 4553 | |
Dec 11, 2025 | - | - | 4257 | |
Oct 07, 2025 | - | - | 7145 | |
Jun 09, 2025 | Aug 20, 2020 | Series A | 9434 |
Team profile of Entrepreneur First
Entrepreneur First has a team of 78 members including 19 Partners, 13 Venture Partners and 21 Principals located in United Kingdom, India and 7 more locations. Entrepreneur First's team sits on the board of 3 companies.Here is a list of top team members in Entrepreneur First:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | |||
Partner | United Kingdom | - | - | |
Partner | United States | - | - | |
Partner | - | |||
Partner | France | - | ||
Partner | United Kingdom | - | - | |
Partner | United Kingdom | - | ||
Partner | Canada | - | - | |
Partner | Singapore | - | ||
Partner | United Kingdom | - | - | |
Partner | United Kingdom | - |
Co-investors of Entrepreneur First
Over the past 13 years, 1450 investors have co-invested in Entrepreneur First's portfolio companies. This includes funds and angels.
- Invested before Entrepreneur First: HAX, SGInnovate and 84 others have invested in rounds before Entrepreneur First. There are 6 companies where HAX has invested before Entrepreneur First and 4 companies where SGInnovate has invested before Entrepreneur First.
- Top Co-investors of Entrepreneur First: 535 investors entered a company along with Entrepreneur First. These include investors like SGInnovate (12 companies).
- Invested after Entrepreneur First: A total of 829 investors have invested in Entrepreneur First's portfolio after their investments. Top Investors include LetsVenture (9 companies) and SEEDS Capital (7 companies).
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