About Entrepreneurs First
Entrepreneurs First, an accelerator and incubator program founded in 2011, is based in San Francisco, United States. With a presence in 23 countries, it has supported around 764 startups in sectors like Enterprise Applications, High Tech. As of Nov 2026, Entrepreneurs First has 3 unicorns under its belt and has witnessed 65 portfolio exits. Most notable companies in
its portfolio include Cleo, Unbox Robotics and Poly. The program is backed by a team of 94 people who primarily support Seed startups based in United Kingdom. Its latest investment was a $7.5M Series A round in Opply on Oct 21, 2026, which also saw participation from Chalfen Ventures and Index Ventures.
Key Metrics
Founded Year
2011
Location
San Francisco, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Series A & 4 more
Locations of Investment
Unicorn in Portfolio
Entrepreneurs First's List of Top Investments
Entrepreneurs First has a portfolio of 764 companies, including 3 unicorns. Their most notable investments are in Hadean and IVF.Their portfolio spans across United Kingdom, Singapore, United States and 20 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 36 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Entrepreneurs First:
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: 726 as on Sep 30, 2026
- Investors: TriplePoint Capital, EQT and 55 Others
- Latest Funding Round: Series C, Apr 13, 2022, $*****
- Highlight: Acquired
Developer of intelligent vertical robotic sortation systems for warehouse automation. The technology utilizes autonomous mobile robots and software to sort parcels within fulfillment centers and distribution hubs. These modular systems are designed to operate in three-dimensional space, providing scalable capacity for order consolidation and parcel routing. By integrating high-speed robotics, the platform optimizes floor space usage and improves throughput in logistics operations. The systems support various parcel sizes and weights, enabling automated workflows in diverse distribution environments.
Key facts about Unbox Robotics
- Founded Year: 2019
- Location: Pimpri Chinchwad (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2026
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $28.2M
- Employee Count: 105 as on Jul 31, 2025
- Investors: Sixth Sense Ventures, F-Prime Capital and 54 Others
- Latest Funding Round: Series B, Jan 05, 2026, $*****
- Highlight: Editors' Pick

3. 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: 364 as on Sep 30, 2026
- Investors: Georgian, Sands Capital and 17 Others
- Latest Funding Round: Series D, Oct 31, 2025, $*****
- Highlight: Editors' Pick
4. Syntetica
Developer of chemical depolymerization process for nylon textile recycling. This process allows for the recycling of nylon 6 and nylon 6,6 textile waste, addressing the low recycling rates in the textile industry. The technology enables the recovery of raw materials from blended textile waste, closing the loop on nylon production and reducing landfill waste. The company partners with various entities to facilitate the adoption of this sustainable solution.
Key facts about Syntetica
- Founded Year: 2023
- Location: Reims (France)
- Stage: Series A
- Total Funding till date: $34.8M
- Employee Count: 26 as on Sep 30, 2026
- Investors: EQT, Volta Circle and 19 Others
- Latest Funding Round: Series A, Jul 16, 2026, $*****
- Highlight: Editors' Pick

5. Kirana Club
A community and commerce platform that connects kirana stores. It connects kirana retailers with each other to share business information, schemes, and pricing; it positions itself as a trusted community for retail knowledge exchange
Key facts about Kirana Club
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2026
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $2M
- Employee Count: 24 as on May 31, 2026
- Investors: peercheque, Powerhouse Ventures and 3 Others
- Latest Funding Round: Seed, 2023, $*****
- Highlight: Acquired
Entrepreneurs First's Year-on-Year Investment Trends
Entrepreneurs First has invested in 764 companies over the last 13 years, with an average of 27 new investments annually in the last 10 years. In 2025, it made 23 investments, while as of Oct 2026, it has made 28 investments in this year. Its most recent first time investment was in Opply and most recent follow-on round was in Jack & Jill AI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 20 | 8 | 28 |
2025 | 18 | 5 | 23 |
2024 | 10 | 6 | 16 |
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 |
Entrepreneurs First's Investments by Stage
Entrepreneurs First has made 261 investments in Seed stage with an average round size of $1.8M, 24 investments in Series A stage with an average round size of $22.1M and 4 investments in Series B stage with an average round size of $28.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 261 |
Series A | 24 |
Series B | 4 |
Conventional Debt | 1 |
Series C | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Entrepreneurs First's Investments by Sector
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 689 Tech companies, 607 Enterprise (B2B) companies, 489 Software companies and at least 278 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 173 |
High Tech | 100 |
FinTech | 47 |
Vertical SaaS | 47 |
Consumer | 37 |
Others | 380 |
Note: We have considered here, only first round of investments
Entrepreneurs First's Investments by Geography
Entrepreneurs First has made most investments in United Kingdom (112), followed by Singapore where it has made 61 investments.Country | No. of Investments |
|---|---|
United Kingdom | 112 |
Singapore | 61 |
India | 42 |
United States | 26 |
France | 22 |
Others | 34 |
Note: We have considered here, only first round of investments
Entrepreneurs First's recent investments
Entrepreneurs First has made 28 investments in 2026 so far. Opply and Scarlet are the latest among them.Here are the most recent investments by Entrepreneurs First:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 21, 2026 | United Kingdom | Series A | 4807 | [+3] | |
Oct 12, 2026 | United Kingdom | Series B | 4389 | [+4] | |
Oct 09, 2026 | United States | Seed | 6315 | [+2] | |
Sep 24, 2026 | United States | Seed | 7200 | ||
Sep 15, 2026 | United Kingdom | Series A | 8663 | [+5] |
Unicorns in Entrepreneurs First's Portfolio
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:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Operator of space missions providing satellite data and earth observation | 2015 | Harwell | Series C | ddgtidv | ||
52 | Developer of specialized hardware infrastructure for high performance artificial intelligence | 2024 | London | Series B | ivicssq | ||
54 | Developer of artificial intelligence software for automated vehicle damage assessment | 2014 | London | Series E | thoomuu |
Acquired companies in Entrepreneurs First's Portfolio
65 companies from Entrepreneurs First's portfolio have been acquired. The most recent acquisition was Optimal in Oct 2026 by Source for $*****.Here are Entrepreneurs First's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 09, 2026 | - | - | 5058 | |
Sep 14, 2026 | Dec 10, 2020 | Series B | 2394 | |
Sep 04, 2026 | - | - | 6353 | |
Aug 26, 2026 | - | - | 1626 | |
Aug 08, 2026 | - | - | 3652 |
Team profile of Entrepreneurs First
Entrepreneurs First has a team of 94 members including 7 Partners, 12 Venture Partners and 13 Principals located in United Kingdom, United States and 4 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 |
|---|---|---|---|---|
Partner | United States | |||
Partner | United Kingdom | - | - | |
Partner | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | London | - | - | |
Partner | London | - | ||
Partner | London | - | ||
Partner | London | - | - | |
Partner | Chennai | - | ||
Partner | United Kingdom | - |
Co-investors of Entrepreneurs First
Over the past 13 years, 1498 investors have co-invested in Entrepreneurs First's portfolio companies. This includes funds and angels.
- Invested before Entrepreneurs First: HAX, SGInnovate and 74 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: 565 investors entered a company along with Entrepreneurs First. These include investors like Transpose Platform (13 companies).
- Invested after Entrepreneurs First: A total of 857 investors have invested in Entrepreneurs First's portfolio after their investments. Top Investors include LVX (9 companies) and SEEDS Capital (7 companies).
Recent News related to Entrepreneurs First
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ByteAsk Secures $1 Million in Pre-Seed Funding Led by Y CombinatorEntrackr•Sep 24, 2026•ByteAsk, Y Combinator, Entrepreneurs First
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Jack & Jill Raises $40 Million In Series A Funding RoundSuperbCrew•Sep 15, 2026•Jack & Jill AI, Air Street Capital, Madrona, Antler and 4 others
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Scope Raises $20M in FundingFinSMEs•May 19, 2026•Scope, Entrepreneurs First, Index Ventures, Susa Ventures
