When was Entrepreneurs First founded?

Entrepreneurs First was founded in 2011.

Where is Entrepreneurs First's headquarters located?

Entrepreneurs First's headquarters is located in San Francisco (United States).

How big is Entrepreneurs First's investment team?

Entrepreneurs First has a team of 84, including 9 partners.

How many companies has Entrepreneurs First invested in?

Entrepreneurs First has invested in 763 companies, including Cleo & Aztec.

Which companies has Entrepreneurs First invested in lately?

ByteAsk & Jack & Jill AI are the latest investments by Entrepreneurs First.

How many exits has Entrepreneurs First been involved in?

Entrepreneurs First's portfolio has seen 64 acquisitions.

How many unicorns are there in Entrepreneurs First's portfolio?

There are 3 unicorns in Entrepreneurs First's portfolio.

Entrepreneurs First - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. Cleo

AI-powered personal finance app that helps users track spending, build savings habits, and improve money management. It connects to users’ bank accounts via secure APIs like Plaid to analyze spending, track transactions, and provide personalized financial insights. It uses behavioral insights and machine learning to help users budget, set savings goals, and develop better financial habits.

Key facts about Cleo

Location: Wilmington (United States)
Annual Revenue: £100M - £500M as on Dec 31, 2024
Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $175M
Employee Count: 725 as on Aug 31, 2026
Investors: TriplePoint Capital, EQT and 55 Others
Latest Funding Round: Series C, Apr 13, 2022, $*****
Highlight: Acquired

2. 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: 82 as on Aug 31, 2026
Investors: Fenbushi Capital, Paradigm and 28 Others
Latest Funding Round: Series B, Dec 13, 2022, $*****
Highlight: Editors' Pick

3. 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: SGD 1M - 10M as on Dec 31, 2024
Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $12.7M
Employee Count: 67 as on Aug 31, 2026
Investors: Innoven Capital, Exfinity Venture Partners and 10 Others
Latest Funding Round: Series A, Jun 24, 2024, $*****
Highlight: Acquired

4. Permutive

Provider of ad data management platform. It offers its solutions to advertisers and publishers that help in controlling the data related to advertisements and audiences. It has functionalities including bug fixer and crisis mode which predicts the data breaches and malfunctions.

Key facts about Permutive

Founded Year: 2013
Location: London (United Kingdom)
Annual Revenue: £10M - £50M as on Jan 31, 2024
Stage: Series C
Total Funding till date: $116M
Employee Count: 108 as on Aug 31, 2026
Investors: Kreos Capital, EQT and 13 Others
Latest Funding Round: Series C, Oct 25, 2021, $*****
Highlight: Editors' Pick

5. Poly

Developer of conversational voice artificial intelligence agents for customer service. These software tools automate interactions by processing spoken language to handle inquiries, manage appointments, and resolve service requests. The technology integrates with existing enterprise systems to facilitate automated communication across voice, chat, and messaging channels. Engineering teams utilize provided development kits to build, deploy, and manage these automated agents within their own technical environments. The system tracks interaction metrics and provides analytical insights to monitor performance and manage automated workflows.

Key facts about Poly

Founded Year: 2017
Location: London (United Kingdom)
Annual Revenue: £10M - £50M as on Jan 31, 2026
Valuation: $*****
Stage: Series D
Total Funding till date: $206M
Employee Count: 369 as on Aug 31, 2026
Investors: Georgian, Sands Capital and 17 Others
Latest Funding Round: Seed, Jun 12, 2026, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Entrepreneurs First has invested in 763 companies over the last 13 years, with an average of 27 new investments annually in the last 10 years. In 2025, it made 22 investments, while as of Sep 2026, it has made 24 investments in this year. Its most recent first time investment was in ByteAsk and most recent follow-on round was in Jack & Jill AI.

Here are Entrepreneurs First's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	17	7	24
2025	17	5	22
2024	10	5	15
2023	18	9	27
2022	34	15	49
2021	43	11	54
2020	34	8	42
2019	48	8	56
2018	20	3	23
2017	21	5	26

View all investments by Entrepreneurs First

Entrepreneurs First has made 258 investments in Seed stage with an average round size of $1.77M, 24 investments in Series A stage with an average round size of $22.6M and 3 investments in Series B stage with an average round size of $20.9M.

Here are Entrepreneurs First's investments by stage:

Stage of entry	No. of Investments
Seed	258
Series A	24
Series B	3
Conventional Debt	1
Series C	1
Others	1

Note: We have considered here, only first round of investments

View all investments by Entrepreneurs First

Entrepreneurs First has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Vertical SaaS and Consumer. Notably, it has invested in 681 Tech companies, 604 Enterprise (B2B) companies, 489 Software companies and at least 278 companies focusing on Saas.

Here are Entrepreneurs First's investments by sector:

Sector	No. of Investments
Enterprise Applications	171
High Tech	100
FinTech	47
Vertical SaaS	47
Consumer	37
Others	378

Note: We have considered here, only first round of investments

View all investments by Entrepreneurs First

Entrepreneurs First has made most investments in United Kingdom (110), followed by Singapore where it has made 61 investments.

Here are Entrepreneurs First's investments by geography:

Country	No. of Investments
United Kingdom	110
Singapore	61
India	42
United States	25
France	21
Others	33

Note: We have considered here, only first round of investments

View all investments by Entrepreneurs First

Entrepreneurs First has made 24 investments in 2026 so far. ByteAsk and Jack & Jill AI are the latest among them.

Here are the most recent investments by Entrepreneurs First:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Sep 24, 2026	ByteAsk	United States	Seed	4205	Y Combinator
Sep 15, 2026	Jack & Jill AI	United Kingdom	Series A	9093	Air Street Capital [+5]
Sep 14, 2026	Open Cosmos	United Kingdom	Series C	9694	ETF Partners [+9]
Sep 09, 2026	Helm Guard	United States	Seed	2964	Infinity Ventures [+3]
Sep 08, 2026	CloudNC	United Kingdom	Series B	8877	Nimble Ventures [+1]

See more recent investments made by Entrepreneurs First

Entrepreneurs First has 3 unicorns in its portfolio - Open Cosmos, Olix and Tractable. The most recent unicorn in their portfolio is Open Cosmos. It became a unicorn in 2026, 8 years after Entrepreneurs First first invested in it.

Here is a list of unicorns in Entrepreneurs First's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
65	Open Cosmos	Operator of space missions providing satellite data and earth observation	2015	Aerospace, Maritime and Defense Tech [+2]	Harwell	Series C	qzssore
52	Olix	Developer of specialized hardware infrastructure for high performance artificial intelligence	2024	High Tech	London	Series B	tdsdfcz
58	Tractable	Developer of artificial intelligence software for automated vehicle damage assessment	2014	Auto Tech [+3]	London	Series E	tuzofrm

View more details about unicorns in Entrepreneurs First's portfolio

64 companies from Entrepreneurs First's portfolio have been acquired. The most recent acquisition was Cleo in Sep 2026 by Wellthy for $*****.

Here are Entrepreneurs First's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Cleo	Sep 14, 2026	Dec 10, 2020	Series B	3896
Samp AI	Sep 04, 2026	-	-	4519
Goodwill	Aug 26, 2026	-	-	5057
ZeroEntropy	Aug 08, 2026	-	-	4705
Wexler	Jul 29, 2026	Dec 03, 2024	Seed	7321

View all acquired companies in Entrepreneurs First's portfolio

Entrepreneurs First has a team of 84 members including 9 Partners, 22 Venture Partners and 14 Principals located in United States, United Kingdom and 5 more locations. Entrepreneurs First's team sits on the board of 1 company.

Here is a list of top team members in Entrepreneurs First:

Name	Designation	Location	Board Memberships	Contact Details
Reid Hoffman	Partner	United States	Zynga	5 Emails
Matt Clifford	Partner	United Kingdom	-	-
Isabel Bescos	Partner	San Francisco	-	-
Joseph Ros	Partner	San Francisco	-	1 Email
Mike Phillips	Partner	London	-	-
Will Neale	Partner	London	-	1 Email
Ben Opene	Partner	London	-	1 Email
Elspeth Lawson	Partner	London	-	-
Shankara K	Partner	Chennai	-	1 Email
Lukasz Bartoszcze	Partner	United Kingdom	-	1 Email

View team details of Entrepreneurs First

Over the past 13 years, 1489 investors have co-invested in Entrepreneurs First's portfolio companies. This includes funds and angels.

Invested before Entrepreneurs First: HAX, SGInnovate and 70 others have invested in rounds before Entrepreneurs First. There are 6 companies where HAX has invested before Entrepreneurs First and 4 companies where SGInnovate has invested before Entrepreneurs First.
Top Co-investors of Entrepreneurs First: 566 investors entered a company along with Entrepreneurs First. These include investors like SGInnovate (12 companies).
Invested after Entrepreneurs First: A total of 851 investors have invested in Entrepreneurs First's portfolio after their investments. Top Investors include LetsVenture (9 companies) and SEEDS Capital (7 companies).