About Concentric
Concentric is a venture capital firm founded in 2013. It is primarily based out of London, United Kingdom. As of Jun 2026, Concentric is an active investor, having invested in 44 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Seed round of Paypercut Overall, Concentric portfolio has seen 2 unicorns, 1 IPO and 8 acquisitions including key companies like Frontier Communications, BVNK and FullCircl. A lot of funds co-invest with Concentric, with names like Atami Capital sharing a substantial percentage of its portfolio. Concentric has team of 35 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Concentric's List of Top Investments
Concentric has a portfolio of 44 companies, including 2 unicorns. Their most notable investments are in Superscript and Superscript.Their portfolio spans across United Kingdom, United States, Bulgaria and 13 more locations. They have invested in Enterprise Applications, FinTech, Consumer and 19 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Concentric:
1. Telegram
Developer of a cloud-based mobile and desktop messaging application. The application focuses on providing users with secure and fast communication. It offers features such as encrypted messaging, self-destructing messages, and cross-device synchronization. The application supports large group chats and allows users to customize their messaging experience. It also provides an open API and source code.
Key facts about Telegram
- Founded Year: 2013
- Location: Dubai (United Arab Emirates)
- Stage: Series D
- Total Funding till date: $150M
- Employee Count: 3,298 as on May 31, 2026
- Investors: SIB Investment Group, Mubadala and 27 Others
- Latest Funding Round: Conventional Debt, Mar 18, 2024, $*****
- Highlight: Editors' Pick
In 2021, the company recorded annual revenues of $6.41B and a net profit of $4.96B
Key facts about Frontier Communications
- Founded Year: 1935
- Location: Norwalk (United States)
- Annual Revenue: $5.94B as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 12,505 as on May 31, 2026
- Investors: State of California, JPMorgan Chase and 4 Others
- Latest Funding Round: Grant (prize money), Sep 03, 2024, $*****
- Highlight: Acquired
3. BVNK
Online platform offering multiple crypto services. It allows users to send payments on all payment schemes and blockchain networks, trade in and out of positions inside the platform, earn returns on all assets held on the platform through yield solutions, and more.
Key facts about BVNK
- Founded Year: 2016
- Location: London (United Kingdom)
- Annual Revenue: £7.34M as on Feb 28, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $93.2M
- Employee Count: 435 as on May 31, 2026
- Investors: Tiger Global Management, Visa and 45 Others
- Latest Funding Round: Series B, Oct 09, 2025, $*****
- Highlight: Acquired
4. FullCircl
Cloud based customer journey management software. The platform offers software that enables members to implement business policies, and onboard business customers with automated KYC, AML, and credit checks. It provides an overview of customers, including KYC, AML, and credit information. The platform provides access to insights to connect with new prospects and markets. It allows businesses to onboard customers using automated IDV software. It caters its solution to industries such as bank, fintech, insurance, and more.
Key facts about FullCircl
- Founded Year: 2006
- Location: Winnersh (United Kingdom)
- Annual Revenue: £882K as on Dec 31, 2023
- Stage: Acquired
- Total Funding till date: $20.8M
- Employee Count: 63 as on May 31, 2026
- Investors: Oak HC/FT, Volution and 43 Others
- Latest Funding Round: Series B, Jun 13, 2019, $*****
- Highlight: Acquired
5. Superscript
Online insurance platform for small businesses and freelancers. It offers coverage for public liability insurance, product liability insurance, employers liability insurance, business contents insurance, errors and omissions insurance, professional indemnity insurance, cyber insurance, and more. It offers insurance for the fintech industry, med-tech industry, retail, and e-commerce industry.
Key facts about Superscript
- Founded Year: 2015
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $79.8M
- Employee Count: 109 as on May 31, 2026
- Investors: The Hartford, Lloyd’s Lab Accelerator and 22 Others
- Latest Funding Round: Series B, Jan 09, 2023, $*****
- Highlight: Editors' Pick
Concentric's Year-on-Year Investment Trends
Concentric has invested in 44 companies over the last 13 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 5 investments, while as of Jun 2026, it has made 2 investments in this year. Its most recent first time investment was in Paypercut and most recent follow-on round was in Vida Lab.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 4 | 1 | 5 |
2024 | 2 | 2 | 4 |
2023 | 4 | 1 | 5 |
2022 | 1 | 1 | 2 |
2021 | 1 | 2 | 3 |
2020 | 1 | 3 | 4 |
2019 | 1 | 0 | 1 |
2018 | 7 | 0 | 7 |
2017 | 1 | 0 | 1 |
Concentric's Investments by Stage
Concentric has made 15 investments in Seed stage with an average round size of $4.17M, 7 investments in Series A stage with an average round size of $13.9M, 4 investments in Series B stage with an average round size of $14.6M and 1 investment in Conventional Debt stage with an average round size of $3M.Stage of entry | No. of Investments |
|---|---|
Seed | 15 |
Series A | 7 |
Series B | 4 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
Concentric's Investments by Sector
Concentric has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, High Tech, Blockchain Technology and Consumer. Notably, it has invested in 40 Tech companies, 30 Enterprise (B2B) companies, 23 Consumer (B2C) companies and at least 23 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 14 |
Enterprise Applications | 12 |
High Tech | 7 |
Blockchain Technology | 6 |
Consumer | 6 |
Others | 34 |
Note: We have considered here, only first round of investments
Concentric's Investments by Geography
Concentric has made most investments in United Kingdom (12), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
United Kingdom | 12 |
United States | 3 |
Bulgaria | 2 |
Norway | 2 |
Switzerland | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
Concentric's recent investments
Concentric has made 2 investments in 2026 so far - Paypercut and visium.Here are the most recent investments by Concentric:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 03, 2026 | Bulgaria | Seed | 1149 | [+9] | |
May 21, 2026 | - | Seed | 1831 | ||
Aug 29, 2025 | United States | Series A | 5871 | ||
Jul 16, 2025 | Bulgaria | Seed | 4831 | [+4] | |
Jun 05, 2025 | Singapore | Seed | 1072 | [+3] |
Unicorns in Concentric's Portfolio
Concentric has 2 unicorns in its portfolio - Merama and Pipe. The most recent unicorn in their portfolio is Merama. It became a unicorn in 2021, 4 years before Concentric first invested in it.Here is a list of unicorns in Concentric's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Platform acquiring eCommerce businesses | 2020 | Mexico City | Series B | uamhzpk | ||
66 | Online revenue-based financing marketplace for SaaS businesses | 2019 | Los Angeles | Series C | svppizi |
IPOs and Publicly Listed companies in Concentric's Portfolio
1 of Concentric's portfolio company became public - Vida Lab. It got listed on the New York Stock Exchange (NYSEMKT), in May 2026 at marketcap of $35.4MHere are Concentric's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 15, 2026 | Apr 28, 2023 | Seed | 7533 |
Acquired companies in Concentric's Portfolio
8 companies from Concentric's portfolio have been acquired. The most recent acquisition was BVNK in Mar 2026 by Mastercard for $*****.Here are Concentric's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 17, 2026 | Apr 25, 2022 | Series A | 5053 | |
Oct 30, 2024 | - | - | 6661 | |
Sep 05, 2024 | - | - | 2776 | |
Apr 02, 2024 | Jan 01, 2013 | Seed | 8098 | |
Nov 03, 2023 | - | - | 7253 |
Team profile of Concentric
Concentric has a team of 35 members including 3 Partners and 5 Principals located in United Kingdom, United States and 1 more location. Concentric's team does not sit on the board of any company as of now.Here is a list of top team members in Concentric:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | London | - | ||
Partner | - | - | - | |
Principal | London | - | ||
Principal | Belfast | - | ||
Principal | - | - | - | |
Principal | Denmark | - | - | |
Principal | London | - | - |
Co-investors of Concentric
Over the past 13 years, 147 investors have co-invested in Concentric's portfolio companies. This includes funds and angels.
- Invested before Concentric: Fulgur Ventures, 500 Global and 26 others have invested in rounds before Concentric. There are 3 companies where Fulgur Ventures has invested before Concentric and 3 companies where 500 Global has invested before Concentric.
- Top Co-investors of Concentric: 90 investors entered a company along with Concentric. These include investors like Atami Capital (2 companies).
- Invested after Concentric: A total of 29 investors have invested in Concentric's portfolio after their investments. Top Investors include Haun Ventures (1 company), Coinbase (1 company) and Scribble Ventures (1 company).
Recent News related to Concentric
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Paypercut Raises €5 Million Seed Funding for Cross-Border Payments Expansion in Central and Eastern EuropeStartup Rise EU•Jun 03, 2026•Araya Ventures, Concentric, Passion Capital, Paypercut and 10 others
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Five Bells Closes Seed Round to Expand Digital Asset Post-Trade Infrastructure PlatformBusiness Wire•Mar 02, 2026•ego death capital, Concentric, Fulgur Ventures, Epoch Converter and 4 others
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€2M Investment Fuels Paypercut’s Mission to Simplify BNPL for Small MerchantsRecurisve Media JSC•Jul 16, 2025•, Concentric, Passion Capital, RTP Global and 1 other
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Swiss startup Aeon secures €8.2M for AI-driven preventive health expansionSilicon Canals•Jun 04, 2025•Aeon, EWOR, Kadmos Capital, GoHub and 2 others
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Debifi Completes Seed Funding Round to Shake Up the Bitcoin Lending MarketAdgully•Jan 02, 2025•Debifi, Concentric, Axiom, Fulgur Ventures and 3 others
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Relai: Fresh funding following a positive year closingStartupticker•Jan 17, 2024•Relai, Lightning Ventures, Cabrit capital, Concentric and 1 other
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AnchorWatch Bitcoin Insurance Raises $3 Million To Expand Products For UsersCoincu Financial Group•Sep 26, 2023•AnchorWatch, Axiom, Timechain, Bitcoinopportunity fund and 3 others
