When was Nutmeg founded?

Nutmeg was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is Nutmeg located?

Nutmeg is headquartered in London, United Kingdom. It is registered at 5 New Street Square, London, EC4A 3TW.

Which legal entities is Nutmeg associated with?

Nutmeg is associated with NUTMEG SAVING AND INVESTMENT LIMITED.

How many employees does Nutmeg have?

As of Mar 01, 2026, the latest employee count at Nutmeg is 50 - 199.

Is Nutmeg a funded company?

Nutmeg is a funded company, having raised a total of $180M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 14, 2011.

How much is Nutmeg worth?

The last known valuation of Nutmeg was $***** as of Apr 17, 2019.

When was the latest funding round of Nutmeg?

Nutmeg's latest funding was a $***** Series E round on Jan 22, 2019, with participation from 2 investors.

What is the annual revenue of Nutmeg?

Annual revenue of Nutmeg is less than ₹10 Cr as on Dec 31, 2022

Where does Nutmeg rank among its competitors?

Nutmeg ranks 1st amongst 33 active competitors, of which 6 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Theia Insights, which secured $8M in Feb, 2026.

Who are the top competitors of Nutmeg?

Nutmeg's top competitors include Theia Insights, Martley Capital and Coremont. Among them, Theia Insights secured the most recent funding round in February, 2026.

Nutmeg - 2026 Company Profile, Team, Funding, Competitors & Financials

Nutmeg is an acquired company based in London (United Kingdom), founded in 2011 by Nicholas Walter Hungerford and William Todd. It operates as a Digital wealth management and investing platform. Nutmeg has raised $180M in funding from investors like Pentech, Balderton Capital and Goldman Sachs, with last known valuation of $*****. The company has 33 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Theia Insights, Martley Capital and Coremont.

Company Details

Digital wealth management and investment platform. It enables individuals to invest through managed portfolios across ISAs, pensions, and general investment accounts. Users select investment goals and risk preferences, while professional investment teams manage portfolio allocation, monitoring, and rebalancing. The platform provides tools for tracking performance, planning financial goals, and accessing investment insights, combining automated portfolio management with optional financial guidance services. It is designed to simplify long-term investing and wealth planning through a mobile-first experience supported by institutional investment expertise.

Website: nutmeg.com
Registered Address: 5 New Street Square, London, EC4A 3TW

Key Metrics

Founded Year

2011

Location

London, United Kingdom

Stage

Acquired

Total Funding

$180M in 10 rounds

Latest Funding Round

Series E, Jan 22, 2019, $*****

Last Known Valuation

$***** as on Apr 17, 2019

Investors

Pentech & 21 more

Ranked

1^st among 33 active competitors

Annual Revenue

0 - ₹10 Cr as on Dec 31, 2022

Employee Count

50 - 199 as on Mar 01, 2026

Investment & Acquisitions

mmi Analytics

Similar Companies

Titan & 519 more

Exit Details

Acquired by JPMorgan Chase (Jun 17, 2021)

View Nutmeg's full profile

Nutmeg is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NUTMEG SAVING AND INVESTMENT LIMITED CIN: 07503666 , United Kingdom, Active	Jan 23, 2011	0 - ₹10 Cr (As on Dec 31, 2022)	360 (As on Dec 31, 2024)

Nutmeg got acquired by JPMorgan Chase on Jun 17, 2021.

Click here to take a look at Nutmeg's acquisition in detail

Nutmeg has raised a total funding of $180M over 10 rounds. Its first funding round was on Apr 14, 2011. Its latest funding round was a Series E round on Jan 22, 2019 for $*****. 2 investors participated in its latest round. Nutmeg has 17 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Nutmeg:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 22, 2019	6786020	Series E	8081867	4104773	9824275	6518935
Jan 02, 2018	8208643	Series D	8326563	1105601	6442377	1684405
Dec 22, 2016	3478254	Series D	9227411	1992879	Fubon Financial Holdings	4161438

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View details of Nutmeg's funding rounds and investors

The founders of Nutmeg are Nicholas Walter Hungerford and William Todd.

Here are the details of Nutmeg's key team members:

Nicholas Walter Hungerford: Former Co-Founder of Nutmeg and founder of 2 other companies, Nutmeg and Nutmeg. They are also an angel investor in 4 startups and serve on the board of 1 company.
Contact Info: 1 email address
William Todd: Former Co-Founder of Nutmeg and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address

Nutmeg's Board of Directors

Nutmeg's board has 7 active members. Richard Crozier, Clive Peter Adamson, Christophe Aba, Alice Wang and James Alexander McManus are part of team and Keith Charles William Morgan and Matthew Paul Melling are independent board members.

Here is the list of Nutmeg's board of directors:

Name	Type	Representing	Status	Duration
rmedwer	Team	-	Current	2y 1m
gtktvxw	Team	-	Current	3y 7m
xwfbz{i	Team	-	Current	2y 9m
tsfcral	Team	-	Current	2y 8m
mjazjvx	Team	-	Current	7y 6m
Keith Charles William Morgan	Independent board member	-	Current	0y 1m
tgkptlj	Independent board member	-	Current	2y 2m

View details of Nutmeg's Founder profiles and Board Members

Nutmeg's employee count trend

Nutmeg has 50 - 199 employees as of Mar 26. Here is Nutmeg's employee count trend over the years:

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Top competitors of Nutmeg include Theia Insights, Martley Capital and Coremont. Here is the list of Top 10 competitors of Nutmeg, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nutmeg 2011, London (United Kingdom), Acquired	Digital wealth management and investing platform	$180M	Draper, Schroders & 20 others	71/100
2nd	Theia Insights 2022, Cambridge (United Kingdom), Series A	Factual AI solution to streamline portfolio analysis	$14.5M	MiddleGame Ventures, Unusual Ventures & 3 others	54/100
3rd	Martley Capital 2023, London (United Kingdom), Funding Raised	Real estate investment management platform for individuals	-	-	45/100
4th	Coremont 2018, London (United Kingdom), Series C	Provider of investment management services	$40M	Blue Owl	43/100
5th	Visual Bank 2001, Polegate (United Kingdom), Unfunded	Visual asset management tool for individuals	-	-	37/100
6th	MPGI 2015, London (United Kingdom), Funding Raised	Provider of venture capital investments and portfolio management for technology companies	-	-	36/100
7th	planD 2021, London (United Kingdom), Seed	Financial services for private investment markets	$1.84M	-	28/100
8th	Propelle 2022, London (United Kingdom), Seed	Online investment platform to connect, learn, invest and track wealth for women	$597K	-	28/100
9th	LVL1 Group 2018, London (United Kingdom), Unfunded	Online platform for investment management solutions	-	-	28/100
10th	Dayoss 2022, Sutton Coldfield (United Kingdom), Unfunded	Online fund screener, analyzer and portfolio builder	-	-	27/100