About Balderton Capital
Balderton Capital is a venture capital firm founded in 2000. It is primarily based out of London, United Kingdom. As of Mar 2026, Balderton Capital is an active investor, having invested in 271 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 B round of Dash0 Overall, Balderton Capital portfolio has seen 20 unicorns, 8 IPOs and 93 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 61 people including 10 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
Portfolio Soonicorns
Deals in last 12 months
Balderton Capital's List of Top Investments
Balderton Capital has a portfolio of 271 companies, including 20 unicorns. Their most notable investments are in Primer and THG.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. 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)
- Stage: Public
- Total Funding till date: $96.8M
- Employee Count: 378 as on Jul 01, 2024
- Investors: Inbox Capital, Backstage and 18 Others
- Latest Funding Round: Series C, Oct 10, 2018, $*****
- Highlight: Public
2. 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: £2.45B as on Dec 31, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.99B
- Employee Count: 17,033 as on Mar 31, 2026
- Investors: TCV, TriplePoint Capital and 139 Others
- Latest Funding Round: Series E, Feb 18, 2025, $*****
- Highlight: Editors' Pick
3. Airwallex
Provider of multi-currency business accounts, global payments, and spend management. The company offers solutions for business accounts, global transfers, corporate cards, and expense management. It provides APIs and embedded finance options, including programmatic account creation, multi-currency account management, and global payment acceptance. The company also offers tools for invoicing, subscription management, and usage-based billing.
Key facts about Airwallex
- Founded Year: 2015
- Location: San Francisco (United States)
- Annual Revenue: £504K as on Dec 31, 2021
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.58B
- Employee Count: 2,343 as on Mar 31, 2026
- Investors: Index Ventures, Lone Pine Capital and 41 Others
- Latest Funding Round: Series G, Dec 08, 2025, $*****
- 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: 127 as on Dec 31, 2022
- Investors: Naspers, Balderton Capital and 12 Others
- Latest Funding Round: Series B, Sep 19, 2017, $*****
- Highlight: Acquired
5. Depop
App-based marketplace platform offering pre-owned multi-category fashion products. The product catalog includes apparel like dresses, bottom wear, outerwear, lingerie, footwear, and accessories like jewelry, handbags, and more. It also allows sellers to upload mobile images and details of items where shoppers can follow sellers, like and comment on items and chat directly with sellers before they buy a product. The mobile application is available for Andriod and iOs users.
Key facts about Depop
- Founded Year: 2011
- Location: London (United Kingdom)
- Annual Revenue: £71.3M as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $100M
- Employee Count: 3,585 as on Dec 09, 2025
- Investors: Creandum, Balderton Capital and 19 Others
- Latest Funding Round: Series C, Jun 07, 2019, $*****
- Highlight: Acquired
Balderton Capital's Year-on-Year Investment Trends
Balderton Capital has invested in 271 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 Mar 2026, it has made 11 investments in this year. Its most recent first time investment was in Dash0 and most recent follow-on round was in DeepIP.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 6 | 11 |
2025 | 13 | 9 | 22 |
2024 | 12 | 10 | 22 |
2023 | 16 | 5 | 21 |
2022 | 14 | 14 | 28 |
2021 | 16 | 22 | 38 |
2020 | 14 | 12 | 26 |
2019 | 11 | 18 | 29 |
2018 | 13 | 13 | 26 |
2017 | 13 | 12 | 25 |
Balderton Capital's Investments by Stage
Balderton Capital has made 110 investments in Series A stage with an average round size of $17.9M, 49 investments in Series B stage with an average round size of $32.1M and 45 investments in Seed stage with an average round size of $6.95M.Stage of entry | No. of Investments |
|---|---|
Series A | 110 |
Series B | 49 |
Seed | 45 |
Series C | 16 |
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 241 Tech companies, 158 Enterprise (B2B) companies, 141 Software companies and at least 127 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 94 |
Consumer | 64 |
FinTech | 41 |
High Tech | 36 |
Retail | 31 |
Others | 253 |
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 56 investments.Country | No. of Investments |
|---|---|
United Kingdom | 81 |
United States | 56 |
Germany | 30 |
France | 15 |
Sweden | 12 |
Others | 50 |
Note: We have considered here, only first round of investments
Balderton Capital's recent investments
Balderton Capital has made 11 investments in 2026 so far. Dash0 and Resonate Labs 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 |
|---|---|---|---|---|---|
Mar 23, 2026 | United States | Series B | 9792 | [+5] | |
Mar 19, 2026 | Netherlands | Seed | 8117 | ||
Mar 10, 2026 | United States | Series A | 7138 | ||
Mar 03, 2026 | United States | Series B | 1525 | [+2] | |
Feb 25, 2026 | United Kingdom | Series D | 3271 | [+12] |
Unicorns in Balderton Capital's Portfolio
Balderton Capital has 20 unicorns in its portfolio - Quantum Systems, WRITER, Wayve and others. The most recent unicorn in their portfolio is Quantum Systems. It became a unicorn in 2025.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 |
|---|---|---|---|---|---|---|---|
74 | Developer of multi-sensor unmanned aerial systems | 2015 | Gilching | Series C | quplktv | ||
70 | Developer of an enterprise AI platform for agentic work | 2012 | San Francisco | Series C | mc{enjp | ||
67 | Platform offering AI-enabled software for autonomous driving | 2017 | London | Series D | ae{vbnv | ||
77 | App-based platform offering electric kick-scooter rental services | 2018 | Stockholm | Series D | xgdreev | ||
53 | Company offering a global vertical farming network using efficient farming methods | 2013 | Berlin | Series D | gc{pqmm |
IPOs and Publicly Listed companies in Balderton Capital's Portfolio
8 of Balderton Capital's portfolio companies have become public. Truecaller got listed on the Nordic and Baltic regions (NASDAQ OMX), in Oct 2021 at marketcap of $2.22B and Sophia Genetics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $1.14B.Here are Balderton Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 08, 2021 | - | - | 1390 | |
Jul 23, 2021 | Sep 13, 2017 | Series D | 9722 | |
Sep 16, 2020 | Apr 15, 2010 | Series A | 5572 | |
Sep 29, 2016 | - | - | 6762 | |
Oct 09, 2015 | May 14, 2014 | Series A | 6073 |
Acquired companies in Balderton Capital's Portfolio
93 companies from Balderton Capital's portfolio have been acquired. The most recent acquisition were Kobalt Music in Mar 2026 by Primary Wave.Here are Balderton Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 23, 2026 | - | - | 3732 | |
Feb 19, 2026 | Apr 2012 | Seed | 1454 | |
Jan 29, 2026 | Jan 21, 2019 | Series A | 6735 | |
Dec 11, 2025 | Jan 28, 2014 | Series B | 3863 | |
Sep 16, 2025 | Jan 05, 2021 | Series A | 8956 |
Team profile of Balderton Capital
Balderton Capital has a team of 61 members including 10 Partners, 2 Venture Partners and 5 Principals located in United Kingdom, Germany and 3 more locations. Balderton Capital's team sits on the board of 15 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 | United Kingdom | - | ||
Partner | Berlin | - | - | |
Partner | London | - | ||
Partner | - | |||
Partner | London | - | ||
Partner | Istanbul | - | - | |
Partner | United Kingdom | - |
Co-investors of Balderton Capital
Over the past 25 years, 1497 investors have co-invested in Balderton Capital's portfolio companies. This includes funds and angels.
- Invested before Balderton Capital: Accel, Y Combinator and 585 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 548 investors have invested in Balderton Capital's portfolio after their investments. Top Investors include TriplePoint Capital (8 companies), Sofina (6 companies) and Index Ventures (5 companies).
Recent News related to Balderton Capital
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Dash0 Raises $110M at $1B Valuation for AI-Powered Cloud ObservabilitySiliconAngle•Mar 23, 2026•Dash0, Balderton Capital, Dig Ventures, DTCP and 2 others
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Amsterdam’s Reson8 Raises €5M To Advance Europe-Focused Speech AIStartup Rise EU•Mar 19, 2026•NP-Hard Ventures, Balderton Capital, Resonate Labs
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YC’s Escape nabs $18M from Balderton to capitalise on cybersecurity’s ‘unique moment’ Tech Funding News•Mar 10, 2026•Escape, Balderton Capital, IRIS, Uncorrelated Ventures and 2 others
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DeepIP secures $25M Series B to embed AI across the patent lifecycleTech.eu•Mar 03, 2026•DeepIP, Korelya Capital, Serena, Balderton Capital and 1 other
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Wayve Raises $1.2 Billion for Self-Learning Autonomous Driving Softwarestartuplog.com•Feb 25, 2026•Wayve, SoftBank Vision Fund, Eclipse, Balderton Capital and 12 others
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Swedish Lassie fetches $75 million to scale automated claims and prevention-first pet careArcticStartup•Feb 12, 2026•Lassie, Inventure, Stena Sessan, Felix Capital and 2 others
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Lassie fetches €63.2 million in Series C fundingEU-Startups•Feb 12, 2026•Lassie, Inventure Growth, Felix Capital, Balderton Capital and 3 others
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Mozart AI Raises $6M to Advance Generative AI Music CreationSiliconAngle•Feb 11, 2026•Mozart AI, Balderton Capital
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GitGuardian Raises $50M Series C for NHI and AI Agent SecuritySecurity Boulevard•Feb 11, 2026•Insight Partners, GitGuardian, Quadrille Capital, Balderton Capital and 4 others
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Lawhive Raises $60M Series B Funding to Expand Across 35 US StatesTechStartups.com•Feb 05, 2026•Home Essentials & Beyond, TQ Ventures, Google Ventures, Balderton Capital and 3 others
