About Founders Factory
Founders Factory, an accelerator and incubator program founded in 2012, is based in London, United Kingdom. With a presence in 28 countries, it has supported around 297 startups in sectors like Enterprise Applications, High Tech. As of Oct 2026, Founders Factory has 1 unicorn under its belt and has witnessed 33 portfolio exits. Most notable companies in
its portfolio include FluidStack, Scan and Monolith. The program is backed by a team of 25 people who primarily support Seed startups based in United Kingdom. Its latest investment was a Undisclosed Seed round in Mama Insurance on Sep 14, 2026, which also saw participation from Fastweb and Vento.
Key Metrics
Founded Year
2012
Location
London, United Kingdom
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Series A & 1 more
Locations of Investment
Unicorn in Portfolio
Founders Factory's List of Top Investments
Founders Factory has a portfolio of 297 companies, one of which is a Unicorn. Their most notable investments are in Maths Doctor and Solivus.Their portfolio spans across United Kingdom, United States, Germany and 25 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 35 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Founders Factory:
1. FluidStack
Provider of managed high performance computing clusters for artificial intelligence. These infrastructure resources facilitate large scale model training and inference tasks. The hardware is isolated at the network and storage levels to ensure dedicated access for computational workloads. Engineering support maintains the systems to ensure operational availability for technical teams.
Key facts about FluidStack
- Founded Year: 2017
- Location: New York City (United States)
- Annual Revenue: £50M - £100M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $2.55B
- Employee Count: 536 as on Sep 30, 2026
- Investors: 7GC, Armyn Capital and 11 Others
- Latest Funding Round: Series B, Sep 05, 2026, $*****
- Highlight: Editors' Pick

2. Scan
Chains providing diagnostic medical imaging services for self pay patients. These facilities offer various scan types including magnetic resonance imaging and other diagnostic procedures. Individuals book appointments directly without requiring physician referrals or insurance coverage. Reports are delivered to patients following the completion of the imaging process.
Key facts about Scan
- Founded Year: 2017
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $108M
- Employee Count: 164 as on Sep 30, 2026
- Investors: Aviva, Redbus Group and 23 Others
- Latest Funding Round: Conventional Debt, Aug 31, 2026, $*****

3. Monolith
Developer of AI-driven software for engineering product development and testing. The company provides a core platform with modules for test data validation, test plan optimisation, and system calibration. It offers consulting, implementation, advanced research, and AI training services. The software is designed for use in the battery, automotive, aerospace, defense, industrial, and medical industries.
Key facts about Monolith
- Founded Year: 2016
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $14.6M
- Employee Count: 36 as on Aug 31, 2026
- Investors: Stanford, Founders Factory and 28 Others
- Latest Funding Round: Series A, Aug 23, 2021, $*****
- Highlight: Editors' Pick
Provider of AI-based platform for surgical simulation using VR and haptics. It claims that the proprietary haptics system allows sensing resistance, texture, substance, and pressure, enabling professionals to practice and refine their surgical skills. Its platform syncs with a stylus connected to a standard-issue mechanical arm. Its stylus features two buttons, one to inject the virtual drug and the other to withdraw the needle. It knows the ideal injection pattern for the drug and gives the surgeon a score based on how accurately they have administered it. It claims that the simulations are hardware agnostic and thereby compatible with multiple headsets such as HTC Vive, Oculus Rift, and Microsoft Hololens.
Key facts about Fundamental Surgery
- Founded Year: 2012
- Location: Boston (United States)
- Annual Revenue: £1M - £10M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $39.6M
- Employee Count: 77 as on Dec 31, 2024
- Investors: EQT, Nexus Venture Partners and 13 Others
- Latest Funding Round: Series B, Oct 23, 2024, $*****
- Highlight: Editors' Pick

5. Acre
Blockchain-based solution for mortgage and insurance application process. The company utilizes blockchain technology to bring together multiple components of the mortgage and insurance advice process into one unchangeable record of the transaction, that helps brokers to retain the control of their business and streamline the application process. The company is partnered with Sesame Bankhall group, Aviva ventures, Founders Factory, among others.
Key facts about Acre
- Founded Year: 2018
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $14.5M
- Employee Count: 59 as on Aug 31, 2026
- Investors: Aviva, Founders Factory and 10 Others
- Latest Funding Round: Series B, Apr 04, 2023, $*****
- Highlight: Acquired
Founders Factory's Year-on-Year Investment Trends
Founders Factory has invested in 297 companies over the last 14 years, with an average of 16 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of Sep 2026, it has made 5 investments in this year. Its most recent first time investment was in Mama Insurance and most recent follow-on round was in Solivus.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 0 | 5 |
2025 | 6 | 0 | 6 |
2024 | 2 | 0 | 2 |
2023 | 17 | 1 | 18 |
2022 | 6 | 0 | 6 |
2021 | 25 | 0 | 25 |
2020 | 24 | 2 | 26 |
2019 | 24 | 1 | 25 |
2018 | 24 | 0 | 24 |
2017 | 25 | 1 | 26 |
Founders Factory's Investments by Stage
Founders Factory has made 164 investments in Seed stage with an average round size of $2.39M, 4 investments in Series A stage with an average round size of $7.25M and 1 investment in Series B stage with an average round size of $8.03M.Stage of entry | No. of Investments |
|---|---|
Seed | 164 |
Series A | 4 |
Series B | 1 |
Note: We have considered here, only first round of investments
Founders Factory's Investments by Sector
Founders Factory has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Retail and FinTech. Notably, it has invested in 255 Tech companies, 162 Enterprise (B2B) companies, 148 Software companies and at least 123 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 87 |
Consumer | 45 |
High Tech | 28 |
Retail | 26 |
FinTech | 22 |
Others | 204 |
Note: We have considered here, only first round of investments
Founders Factory's Investments by Geography
Founders Factory has made most investments in United Kingdom (100), followed by United States where it has made 20 investments.Country | No. of Investments |
|---|---|
United Kingdom | 100 |
United States | 20 |
Canada | 6 |
Germany | 6 |
Israel | 4 |
Others | 32 |
Note: We have considered here, only first round of investments
Founders Factory's recent investments
Founders Factory has made 5 investments in 2026 so far. Mama Insurance and Fast Metals are the latest among them.Here are the most recent investments by Founders Factory:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 14, 2026 | Italy | Seed | 3601 | [+1] | |
Jul 29, 2026 | - | Seed | 7951 | [+3] | |
Apr 07, 2026 | - | Seed | 8639 | ||
Mar 16, 2026 | Italy | Seed | 3352 | [+4] | |
Jan 30, 2026 | United Kingdom | Seed | 4195 |
Unicorns in Founders Factory's Portfolio
Founders Factory has 1 unicorn in its portfolio - FluidStack. The most recent unicorn in their portfolio is FluidStack which became a unicorn in 2026, 6 years after Founders Factory first invested in it.Here is a list of unicorns in Founders Factory's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Provider of high performance computing infrastructure for artificial intelligence workloads | 2017 | New York City | Series B | ogshrvg |
IPOs and Publicly Listed companies in Founders Factory's Portfolio
2 of Founders Factory's portfolio companies have become public. MyHealthChecked got listed on the London Stock Exchange (LSE), in Jul 2013 at marketcap of $1.75T.Here are Founders Factory's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 05, 2013 | - | - | 8854 | |
- | Apr 19, 2016 | Seed | 2161 |
Acquired companies in Founders Factory's Portfolio
31 companies from Founders Factory's portfolio have been acquired. The most recent acquisition was TroopTravel in Aug 2026 by Spotnana for $*****.Here are Founders Factory's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 26, 2026 | Sep 30, 2021 | Series A | 8156 | |
Mar 31, 2026 | May 01, 2019 | Seed | 5372 | |
Jan 23, 2026 | Apr 04, 2023 | Series B | 8329 | |
Nov 27, 2025 | May 04, 2020 | Seed | 5342 | |
Sep 18, 2025 | - | - | 1451 |
Team profile of Founders Factory
Founders Factory has a team of 25 members including 8 Partners, 2 Venture Partners and 4 Principals located in United Kingdom, India and 3 more locations. Founders Factory's team does not sit on the board of any company as of now.Here is a list of top team members in Founders Factory:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | - | - | - | |
Partner | London | - | ||
Partner | New York City | - | ||
Partner | Madurai | - | - | |
Partner | Miraj | - | - | |
Partner | - | - | ||
Partner | Berlin | - | - | |
Venture Partner | Berlin | - | - | |
Venture Partner | London | - |
Co-investors of Founders Factory
Over the past 14 years, 589 investors have co-invested in Founders Factory's portfolio companies. This includes funds and angels.
- Invested before Founders Factory: Gov, Rothenberg Ventures and 56 others have invested in rounds before Founders Factory. There are 3 companies where Gov has invested before Founders Factory and 2 companies where Rothenberg Ventures has invested before Founders Factory.
- Top Co-investors of Founders Factory: 206 investors entered a company along with Founders Factory. These include investors like L'Oreal (6 companies).
- Invested after Founders Factory: A total of 325 investors have invested in Founders Factory's portfolio after their investments. Top Investors include Ascension (4 companies) and Fuel Ventures (4 companies).
Recent News related to Founders Factory
•
Aviva Extends Founders Factory Partnership for Three Years to Build Next Generation of Fintech and Health StartupsEuropaWire•Sep 29, 2026•Founders Factory, Aviva
•
Fastweb + Vodafone Invests in Telgea's Cross-Border MVNO PlatformTelecompaper•Jun 29, 2026•Fastweb, Telgea, Founders Factory
•
•
Qura Raises €1.5M in Pre-Seed FundingFinSMEs•Mar 03, 2026•Vento, United Ventures, Italian Angels for Growth, Qura and 7 others
•
Northwestern Medicine & Founders Factory to Scale European AI VenturesGlobeNewswire•Feb 12, 2026•Northwestern Medicine, Founders Factory
•
WealthAi raises $1m to expand UK AI wealth platformIT Brief UK•Jan 30, 2026•WealthAi, Founders Factory, Fuel Ventures
•
Conveyd raises £2.5M to cut UK home-buying times from months to weeksTech Funding News•Dec 12, 2025•Conveyed, Eka Ventures, Founders Factory, Portfolio Ventures
•
Tech accelerator Founders Factory is backing WA startups helping people living with diseases like MS, MND and Parkinson’sStartup Daily•Nov 21, 2025•Founders Factory
•
Startup founders with these six traits attract venture capitalSmartCompany•Sep 03, 2025•Founders Factory
•
Munich-based Hades Mining Secures €5.5 Million Funding In Pre-seed RoundStartup Rise EU•Aug 20, 2025•Com.au, Founders Factory, Visionaries Tomorrow, Hades and 7 others