About Firedrop
Firedrop, established in 2023, is an angel investment group based in London, United Kingdom. It primarily focuses on Seed investments in companies in United Kingdom. Its portfolio includes 25 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like Even, SeedLegals and Omnea. As of Aug 2026, Firedrop has 1 unicorn under its belt and has witnessed 3 portfolio exits. Its latest investment was a $5M Seed round in Hey Grand on Mar 26, 2026, which also saw participation from 20VC Fund and NAP.
To date, 30 investors have co-invested in Firedrop's portfolio companies, including prominent names like OPRTRS CLUB.
Key Metrics
Founded Year
2023
Location
London, United Kingdom
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
Unicorn in Portfolio
Firedrop's List of Top Investments
Firedrop has a portfolio of 25 companies, one of which is a Unicorn. Their most notable investments include Even and SeedLegals.Their portfolio spans across United Kingdom, United States, France and 4 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 10 other sectors, across stages such as Seed stage. Here is the list of top investments by Firedrop:
1. Even
Provider of health insurance plans with outpatient and hospitalization coverage. It facilitates health insurance policy comparison and selection. It offers coverage for hospitalization, outpatient expenses, and family floater plans. It also provides support throughout the enrolment and claims processes.
Key facts about Even
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $72.5M
- Employee Count: 551 as on Aug 31, 2025
- Investors: Lightrock India, Trifecta Capital and 54 Others
- Latest Funding Round: Series A, Mar 31, 2025, $*****
- Highlight: Editors' Pick

2. SeedLegals
Provider of deal management software. The platform allows users to build shareholder agreements, and articles and collaborate with teams in real time. It enables users to connect with teams, and build NDAs and agreements to manage contracts between two parties. It helps investment companies to manage investments and document automation process. It is available on a subscription-based pricing model.
Key facts about SeedLegals
- Founded Year: 2017
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $6.11M
- Employee Count: 142 as on Jun 30, 2026
- Investors: Seedcamp, Sylvain Zimmer and 33 Others
- Latest Funding Round: Series A, Apr 09, 2019, $*****
- Highlight: Editors' Pick

3. Omnea
Provider of web-enabled procurement orchestration solutions for the supply chain. The company offers solutions for managing B2B purchasing, sales, and procurement operations. It helps employees to manage and buy things in one place.
Key facts about Omnea
- Founded Year: 2021
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $138M
- Employee Count: 196 as on Jun 30, 2026
- Investors: Prosus, Insight Partners and 16 Others
- Latest Funding Round: Series B, Jul 07, 2025, $*****
- Highlight: Editors' Pick
4. Duplo
Provider of B2B payments solutions. It offers an API-based solution that enables financial institutions and banks to provide digital banking services to the end customers. Its features include digital wallets with income and expense management, receivables automation, NFC-enabled closed-loop cards for payments, and more.
Key facts about Duplo
- Founded Year: 2021
- Location: Lagos (Nigeria)
- Stage: Seed
- Total Funding till date: $5.6M
- Employee Count: 79 as on Jun 30, 2026
- Investors: Globivest, Y Combinator and 16 Others
- Latest Funding Round: Seed, Aug 31, 2022, $*****
- Highlight: Editors' Pick

5. incident.io
Cloud based security and information management systems provider. It offers web based software solutions to monitor and manage incidents. Its features include incident management dashboards, alerts, update sharing, task management, summaries of incidents, data searching and analysis, actionable insights, and detection of trends and anomalies.
Key facts about incident.io
- Founded Year: 2021
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $96.2M
- Employee Count: 203 as on Jun 30, 2026
- Investors: Seedcamp, Insight Partners and 51 Others
- Latest Funding Round: Series B, Apr 10, 2025, $*****
- Highlight: Editors' Pick
Firedrop's Year-on-Year Investment Trends
Firedrop has invested in 25 companies over the last 3 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 2 investments, while as of Mar 2026, it has made 3 investments in this year. Its most recent first time investment was in Hey Grand.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 2 | 0 | 2 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
Firedrop's Investments by Stage
Firedrop has made 6 investments in Seed stage with an average round size of $6.21M.Firedrop's Investments by Sector
Firedrop has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Consumer, Food and Agriculture Tech and HealthTech. Notably, it has invested in 22 Tech companies, 20 Enterprise (B2B) companies, 18 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Vertical SaaS | 2 |
Consumer | 1 |
Food and Agriculture Tech | 1 |
HealthTech | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Firedrop's Investments by Geography
Firedrop has made most investments in United Kingdom (3), followed by Germany where it has made 1 investment.Country | No. of Investments |
|---|---|
United Kingdom | 3 |
Germany | 1 |
India | 1 |
Ireland | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Firedrop's recent investments
Firedrop has made 3 investments in 2026 so far. Hey Grand and Getalpa are the latest among them.Here are the most recent investments by Firedrop:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 26, 2026 | Ireland | Seed | 7718 | [+1] | |
Feb 26, 2026 | United Kingdom | Seed | 4704 | [+7] | |
Jan 16, 2026 | United States | Seed | 3547 | [+7] | |
Oct 16, 2025 | United Kingdom | Seed | 7655 | [+7] | |
Sep 11, 2025 | Germany | Seed | 8971 | [+3] |
Unicorns in Firedrop's Portfolio
Firedrop has 1 unicorn in its portfolio - Poolside. The most recent unicorn in their portfolio is Poolside which became a unicorn in 2024, 1 years before Firedrop first invested in it.Here is a list of unicorns in Firedrop's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Developer of artificial intelligence models and systems for software engineering | 2023 | San Francisco | Series B | c{lyjqt |
Acquired companies in Firedrop's Portfolio
3 companies from Firedrop's portfolio have been acquired. The most recent acquisition was Evermile in Aug 2025 by Click Labs for $*****.Here are Firedrop's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 12, 2025 | - | - | 8459 | |
Jul 18, 2024 | - | - | 3465 | |
Mar 23, 2023 | - | - | 7407 |
Co-investors of Firedrop
Over the past 3 years, 35 investors have co-invested in Firedrop's portfolio companies. This includes funds and angels.
- Top Co-investors of Firedrop: 30 investors entered a company along with Firedrop. These include investors like OPRTRS CLUB (2 companies).
- Invested after Firedrop: A total of 5 investors have invested in Firedrop's portfolio after their investments. Top Investors include Notion (1 company) and RTP Global (1 company).
Recent News related to Firedrop
•
Dublin’s Grand Raises $5M Pre-Seed for ‘Real-World’ Payment NetworkSilicon Republic•Mar 26, 2026•20VC Fund, Firedrop, Grand-App, Hey Grand
•
London-Based Alpa Raises $3.5M In Pre-Seed Funding Led by DaphniStartup Rise EU•Feb 26, 2026•, Firedrop, Daphni, Capital and 5 others
•
The Prompting Company Secures $6.5M Seed to Optimize Product Discovery via AITechCrunch+•Oct 30, 2025•Firedrop, Peak XV Partners, The Prompting, QIC and 1 other
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UK HRtech Jack & Jill Secures $20M To Enter US MarketStartup Rise EU•Oct 16, 2025•Ada Ventures, Creandum, Jack & Jill AI, Mercor and 8 others