Where is NDRC's headquarters located?

NDRC's headquarters is located in Dublin (Ireland).

How big is NDRC's investment team?

NDRC has a team of 15, including 3 partners.

How many companies has NDRC invested in?

NDRC has invested in 241 companies, including Nory & Nuritas.

Which companies has NDRC invested in lately?

EstateMin & DevA11y Limited are the latest investments by NDRC.

How many exits has NDRC been involved in?

NDRC's portfolio has seen 3 IPOs and 24 acquisitions.

NDRC - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. Nory

Provider of an agentic AI restaurant operating system that predicts demand, builds schedules, manages ordering and payroll, and keeps profit and loss on track across every location. This platform integrates forecasting, scheduling, inventory, payroll, and business intelligence into one system to help operators manage margins and streamline supply chain management. The technology uses artificial intelligence to analyze operational data, automate administrative tasks, and provide actionable insights for restaurant teams. By connecting various operational functions, the system enables businesses to maintain consistent standards and performance across multiple sites.

Key facts about Nory

Founded Year: 2020
Location: London (United Kingdom)
Stage: Series B
Total Funding till date: $63M
Employee Count: 130 as on Sep 30, 2026
Investors: Kinnevik, Samaipata and 9 Others
Latest Funding Round: Series B, Sep 16, 2025, $*****
Highlight: Editors' Pick

2. Nuritas

Developer of natural active ingredients with scientifically proven health benefits. It offers functional ingredients in the food that have various therapeutic qualities, including the management of chronic metabolic syndromes using its proprietary discovery platform based on artificial intelligence and genomics. The company offers ingredients by using AI-based technology and peptidomics for discovering bioactive peptides with health benefits.

Key facts about Nuritas

Founded Year: 2014
Location: Dublin (Ireland)
Valuation: $*****
Stage: Series C
Total Funding till date: $113M
Employee Count: 71 as on Sep 30, 2026
Investors: Vertex Holdings, Advisors.Fund and 46 Others
Latest Funding Round: Series C, Dec 20, 2024, $*****
Highlight: Editors' Pick

3. LearnUpon

Provider of a learning management system with AI-assisted features. The system enables course creation, training delivery, user management, and reporting. It offers tools for learner engagement, learning journey design, and integration with other systems. The platform supports employee, customer, member, and partner training.

Key facts about LearnUpon

Founded Year: 2010
Location: Dublin (Ireland)
Stage: Series A
Total Funding till date: $56.6M
Employee Count: 327 as on Sep 30, 2026
Investors: Summit Partners, Furthr and 3 Others
Latest Funding Round: Conventional Debt, Oct 13, 2026, $*****
Highlight: Editors' Pick

4. iCabbi

iCabbi provides cloud based taxi dispatch systems, booking engines and mobile booking applications. Works with over 500+ taxi companies. ICabbi provides tools to reduce operational costs and increase efficiency through automation.

Key facts about iCabbi

Founded Year: 2010
Location: Dublin (Ireland)
Stage: Acquired
Total Funding till date: $1.12M
Employee Count: 146 as on Sep 30, 2026
Investors: Halo Business Angel Network, BMS Finance and 4 Others
Latest Funding Round: Conventional Debt, May 14, 2017, $*****
Highlight: Acquired

5. Exergyn

Waste Heat to energy converter. It offers a form of waste heat exchanger which helps in converting low-grade waste heat LGWH into a usable form. The technology is particularly suited to industrial applications like combined heat power, biogas, cargo shipping, and more.

Key facts about Exergyn

Founded Year: 2012
Location: Dublin (Ireland)
Stage: Series A
Total Funding till date: $35.1M
Employee Count: 36 as on Sep 30, 2026
Investors: EIC Fund, European Innovation Council and 6 Others
Latest Funding Round: Series A, Jan 21, 2022, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

NDRC has invested in 241 companies over the last 16 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Oct 2026, it has made 1 investment in this year. Its most recent first time investment was in EstateMin and most recent follow-on round was in Frankli.

Here are NDRC's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	1	0	1
2025	2	0	2
2024	0	0	0
2023	0	0	0
2022	0	0	0
2021	3	1	4
2020	1	0	1
2019	8	0	8
2018	19	0	19
2017	4	0	4

View all investments by NDRC

NDRC has made 90 investments in Seed stage with an average round size of $273K, 6 investments in Grant (prize money) stage with an average round size of $50.2K and 1 investment in Series A stage with an average round size of $8.1M.

Here are NDRC's investments by stage:

Stage of entry	No. of Investments
Seed	90
Grant (prize money)	6
Series A	1

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

View all investments by NDRC

NDRC has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Vertical SaaS, FinTech and High Tech. Notably, it has invested in 195 Tech companies, 151 Enterprise (B2B) companies, 131 Software companies and at least 83 companies focusing on Consumer (B2C).

Here are NDRC's investments by sector:

Sector	No. of Investments
Enterprise Applications	53
Consumer	26
Vertical SaaS	17
FinTech	13
High Tech	12
Others	97

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

View all investments by NDRC

NDRC has made most investments in Ireland (86), followed by United Kingdom where it has made 6 investments.

Here are NDRC's investments by geography:

Country	No. of Investments
Ireland	86
United Kingdom	6
United States	4
Norway	1

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

View all investments by NDRC

NDRC has made 1 investments in 2026 so far - EstateMin.

Here are the most recent investments by NDRC:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Oct 21, 2026	EstateMin	United States	Seed	3033	First Port Angel Syndicate ... [+4]
Jul 17, 2025	DevA11y Limited	Ireland	Seed	6218	Miles Ahead [+1]
Jul 15, 2025	Jarvio	Ireland	Seed	7246	Baseline Ventures [+1]
Sep 28, 2021	Dataships	United States	Seed	8437	Urban Innovation Fund [+3]
Jun 30, 2021	Hiiker	Ireland	Seed	1355	-

See more recent investments made by NDRC

3 of NDRC's portfolio companies have become public.

Here are NDRC's portfolio companies that went public:

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Company	IPO Date	First Invested on	First Round of Investment	Round Size
ChildDiary	-	2015	Seed	4053
Gamex.io	-	-	-	4157
b-sm@rk	-	May 04, 2011	Grant (prize money)	5434

View more details about public companies in NDRC's portfolio

24 companies from NDRC's portfolio have been acquired. The most recent acquisition was NewsWhip in Jul 2025 by Sprout Social for $*****.

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

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
NewsWhip	Jul 31, 2025	Dec 08, 2011	Seed	5190
Brightflag	May 29, 2025	-	-	4233
Audiense	Mar 18, 2025	-	-	8036
NovoGrid	Nov 28, 2024	Mar 2015	Seed	1168
Tandemhr Solutions	Aug 30, 2022	-	-	2618

View all acquired companies in NDRC's portfolio

NDRC has a team of 15 members including 3 Partners, 1 Venture Partner and 7 Principals located in Ireland and United Kingdom. NDRC's team does not sit on the board of any company as of now.

Here is a list of top team members in NDRC:

Name	Designation	Location	Board Memberships	Contact Details
Jon Bradford	Partner	Cambridge	-	3 Emails
Gary Leyden	Partner	Ireland	-	-
Maurice O'Gorman	Partner	Ireland	-	1 Email
Wendy Slattery	Venture Partner	Kildare	-	-
Lorraine E Curham	Principal	Ireland	-	1 Email
Reta Octania	Principal	Dublin	-	1 Email
Joe Gorman	Principal	Dublin	-	1 Email
Menno Axt	Principal	Ireland	-	1 Email
Gleb Sapunenko	Principal	Ireland	-	1 Email
Gina O'Reilly	Principal	London	-	-
Sophie Madden	Principal	Ireland	-	-

View team details of NDRC

Over the past 16 years, 165 investors have co-invested in NDRC's portfolio companies. This includes funds and angels.

Invested before NDRC: Enterprise Ireland, AIB Seed Capital Fund and 8 others have invested in rounds before NDRC. There are 4 companies where Enterprise Ireland has invested before NDRC and 1 company where AIB Seed Capital Fund has invested before NDRC.
Top Co-investors of NDRC: 35 investors entered a company along with NDRC. These include investors like Enterprise Ireland (7 companies).
Invested after NDRC: A total of 120 investors have invested in NDRC's portfolio after their investments. Top Investors include Enterprise Ireland (16 companies) and Europa (10 companies).