About Balderton Capital
Balderton Capital is a venture capital firm founded in 2000. It is primarily based out of London, United Kingdom. As of Jul 2026, Balderton Capital is an active investor, having invested in 275 companies, with 12 new investments in the last 12 months. It primarily invests in Series A round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series A round of Proxima Fusion Overall, Balderton Capital portfolio has seen 20 unicorns, 9 IPOs and 95 acquisitions including key companies like Truecaller, Airwallex and Luno. A lot of funds co-invest with Balderton Capital, with names like Point Nine sharing a substantial percentage of its portfolio. Balderton Capital has team of 40 people including 8 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 8 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Balderton Capital's List of Top Investments
Balderton Capital has a portfolio of 275 companies, including 20 unicorns. Their most notable investments are in Light and Exein.Their portfolio spans across United Kingdom, United States, Germany and 23 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 31 other sectors, across stages such as Series A, Series B and 8 more. Here is the list of top investments by Balderton Capital:1. Revolut
Provider of banking solutions for retail customers and businesses. It provides users with a platform that offers a comprehensive suite of features designed to simplify financial management and enhance user experience.
Key facts about Revolut
- Founded Year: 2015
- Location: London (United Kingdom)
- Annual Revenue: £1B+ as on Dec 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.99B
- Employee Count: 19,524 as on Jun 30, 2026
- Investors: TCV, Star Tech NG and 148 Others
- Latest Funding Round: Series E, Feb 18, 2025, $*****
- Highlight: Editors' Pick
2. Truecaller
App-based platform providing caller ID and spam call-blocking services. It helps users to identify, filter, and block unknown numbers, spam callers, and telemarketers. It helps to record calls, backup call history, contacts, and messages to drive, and auto-block SMS from specific countries, or those with similar digit sequences. Users can also track bills and transactional updates. It has community-based spam reporting service. The app is available across the web, Android, and iOS platforms.
Key facts about Truecaller
- Founded Year: 2009
- Location: Stockholm (Sweden)
- Annual Revenue: $100M - $500M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $96.8M
- Employee Count: 622 as on Jun 30, 2026
- Investors: Inbox Capital, Backstage and 18 Others
- Latest Funding Round: Series C, Oct 10, 2018, $*****
- Highlight: Public
3. Airwallex
Provider of financial infrastructure for processing payments and managing treasury. This platform enables businesses to accept payments, issue corporate cards, and manage expenses through integrated software. It facilitates currency conversion, international fund transfers, and automated billing processes. The system provides application programming interfaces for embedding financial services into other software products. It supports account management, payout distribution, and reconciliation workflows for commercial operations.
Key facts about Airwallex
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $1.9B
- Employee Count: 2,725 as on Jun 30, 2026
- Investors: T. Rowe Price, Baillie Gifford and 51 Others
- Latest Funding Round: Series H, Jun 25, 2026, $*****
- Highlight: Editors' Pick
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4. Luno
App-based platform for crypto wallet and investments. It allows users to send, receive, and store multiple digital assets. It supports digital currencies including Bitcoin, Ripple, Ethereum, Litecoin, and others. It also offers guidance on cryptocurrency transactions to new users. The application can be accessed on both iOS and Android devices.
Key facts about Luno
- Founded Year: 2013
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $13M
- Employee Count: 736 as on Jun 30, 2026
- Investors: Prosus, Balderton Capital and 13 Others
- Latest Funding Round: Series B, Sep 19, 2017, $*****
- Highlight: Acquired
5. GoCardless
Provider of automated bank payment collection and recurring billing services. This service enables businesses to pull payments directly from customer bank accounts. It supports one-off invoice payments and recurring billing cycles for subscriptions or installments. The system integrates with accounting software to facilitate automatic reconciliation of financial records. It includes functionality for managing failed payment retries and processing international transactions through bank networks.
Key facts about GoCardless
- Founded Year: 2011
- Location: London (United Kingdom)
- Annual Revenue: £100M - £500M as on Jun 30, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $540M
- Employee Count: 853 as on Jun 30, 2026
- Investors: Adams Street Partners, Kreos Capital and 26 Others
- Latest Funding Round: Series G, Feb 08, 2022, $*****
- Highlight: Acquired
Balderton Capital's Year-on-Year Investment Trends
Balderton Capital has invested in 275 companies over the last 25 years, with an average of 13 new investments annually in the last 10 years. In 2025, it made 22 investments, while as of Jul 2026, it has made 21 investments in this year. Its most recent first time investment was in 01Health and most recent follow-on round was in Proxima Fusion.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 13 | 21 |
2025 | 13 | 9 | 22 |
2024 | 12 | 10 | 22 |
2023 | 16 | 4 | 20 |
2022 | 14 | 14 | 28 |
2021 | 16 | 22 | 38 |
2020 | 14 | 12 | 26 |
2019 | 11 | 18 | 29 |
2018 | 13 | 13 | 26 |
2017 | 12 | 12 | 24 |
Balderton Capital's Investments by Stage
Balderton Capital has made 112 investments in Series A stage with an average round size of $18M, 49 investments in Series B stage with an average round size of $32.1M and 46 investments in Seed stage with an average round size of $6.92M.Stage of entry | No. of Investments |
|---|---|
Series A | 112 |
Series B | 49 |
Seed | 46 |
Series C | 15 |
Series D | 8 |
Others | 10 |
Note: We have considered here, only first round of investments
Balderton Capital's Investments by Sector
Balderton Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, High Tech and Retail. Notably, it has invested in 244 Tech companies, 161 Enterprise (B2B) companies, 145 Software companies and at least 127 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 98 |
Consumer | 59 |
FinTech | 42 |
High Tech | 36 |
Retail | 28 |
Others | 256 |
Note: We have considered here, only first round of investments
Balderton Capital's Investments by Geography
Balderton Capital has made most investments in United Kingdom (81), followed by United States where it has made 60 investments.Country | No. of Investments |
|---|---|
United Kingdom | 81 |
United States | 60 |
Germany | 30 |
France | 16 |
Sweden | 11 |
Others | 49 |
Note: We have considered here, only first round of investments
Balderton Capital's recent investments
Balderton Capital has made 21 investments in 2026 so far. Proxima Fusion and Quantum Systems are the latest among them.Here are the most recent investments by Balderton Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 07, 2026 | Germany | Series A | 7968 | [+19] | |
Jul 02, 2026 | Germany | Series D | 3359 | [+9] | |
Jun 24, 2026 | Germany | Series C | 2838 | [+4] | |
Jun 10, 2026 | United Kingdom | Series A | 5159 | ||
Jun 04, 2026 | United Kingdom | Series B | 7677 | [+2] |
Unicorns in Balderton Capital's Portfolio
Balderton Capital has 20 unicorns in its portfolio - Dash0, Quantum Systems, WRITER and others. The most recent unicorn in their portfolio is Dash0. It became a unicorn in 2026.Here is a list of unicorns in Balderton Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Cloud based application monitoring software | 2023 | New York City | Series B | yh{yeuy | ||
74 | AI-powered aerial intelligence and reconnaissance systems | 2015 | Gilching | Series D | vprmqej | ||
70 | Developer of an enterprise AI platform for agentic work | 2012 | San Francisco | Series C | uex{dwm | ||
66 | Platform offering AI-enabled software for autonomous driving | 2017 | London | Series D | ijuavzd | ||
77 | App-based platform offering electric kick-scooter rental services | 2018 | Stockholm | Series D | gkuhpjx |
IPOs and Publicly Listed companies in Balderton Capital's Portfolio
9 of Balderton Capital's portfolio companies have become public. Odyssey got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2026 at marketcap of $849M and Truecaller got listed on the Nordic and Baltic regions (NASDAQ OMX) at marketcap of $2.22B.Here are Balderton Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 08, 2026 | - | - | 4486 | |
Oct 08, 2021 | - | - | 5136 | |
Jul 23, 2021 | Sep 13, 2017 | Series D | 9199 | |
Sep 16, 2020 | Apr 15, 2010 | Series A | 3529 | |
Sep 29, 2016 | - | - | 3461 |
Acquired companies in Balderton Capital's Portfolio
95 companies from Balderton Capital's portfolio have been acquired. The most recent acquisition was Contentful in Jun 2026 by Salesforce for $*****.Here are Balderton Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2026 | Jun 26, 2013 | Seed | 9913 | |
May 04, 2026 | Feb 05, 2025 | Seed | 6158 | |
Mar 23, 2026 | - | - | 8640 | |
Feb 19, 2026 | Apr 2012 | Seed | 2809 | |
Jan 29, 2026 | Jan 21, 2019 | Series A | 9066 |
Team profile of Balderton Capital
Balderton Capital has a team of 40 members including 8 Partners and 5 Principals located in United Kingdom, Germany and 1 more location. Balderton Capital's team sits on the board of 10 companies.Here is a list of top team members in Balderton Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | Dashlane, Citymapper and 1 more | - | |
Partner | London | - | ||
Partner | United Kingdom | |||
Partner | Berlin | - | - | |
Partner | London | - | ||
Partner | - | - | ||
Partner | London | - | - | |
Partner | Istanbul | - | ||
Principal | Berlin | - | - | |
Principal | United Kingdom | - | - |
Co-investors of Balderton Capital
Over the past 25 years, 1524 investors have co-invested in Balderton Capital's portfolio companies. This includes funds and angels.
- Invested before Balderton Capital: Accel, Y Combinator and 587 others have invested in rounds before Balderton Capital. There are 9 companies where Accel has invested before Balderton Capital and 8 companies where Y Combinator has invested before Balderton Capital.
- Top Co-investors of Balderton Capital: 362 investors entered a company along with Balderton Capital. These include investors like Point Nine (6 companies).
- Invested after Balderton Capital: A total of 573 investors have invested in Balderton Capital's portfolio after their investments. Top Investors include TriplePoint Capital (8 companies), Sofina (7 companies) and Goldman Sachs (6 companies).
Recent News related to Balderton Capital
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Proxima Fusion raises €411 million to build Europe’s fusion demonstratorVoxelMatters•Jul 10, 2026•Leitmotif, KfW Capital, XTX Markets, Proxima Fusion and 18 others
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01Health Raises €12.9 Million in Series A FundingStartup Rise EU•Jun 10, 2026•Gresham House Ventures, Eka Ventures, Wavemaker 360, Balderton Capital and 1 other
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OpenAI wants shopping in ChatGPT. Wassist raises $1.1M to keep it on WhatsAppTech Funding News•Jun 08, 2026•Playfair, Wassist, Dawn Capital, Balderton Capital
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Fuse Energy Secures €25 Million Series B Funding RoundStartup Rise EU•Jun 05, 2026•20VC Fund, Collab Fund, Lowercarbon, Fuse Energy and 2 others
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Ex-Revolut alums’ Tilt raises $26M for live-commerce platformTech Funding News•Jun 02, 2026•TILT, TQ Ventures, Seedcamp, Earlybird and 1 other
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London-based Geordie AI secures €25 million to help enterprises govern AI agentsEU-Startups•May 28, 2026•Geordie AI, Balderton Capital
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Modiqo Raises $3M in Pre-Seed Funding for AI Agent Rote LearningSiliconAngle•May 28, 2026•Balderton Capital
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