About Concentric
Concentric is a venture capital firm founded in 2013. It is primarily based out of London, United Kingdom. As of Sep 2026, Concentric is an active investor, having invested in 44 companies, with 2 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 Aeon Overall, Concentric portfolio has seen 2 unicorns, 1 IPO and 8 acquisitions including key companies like Frontier Communications, FullCircl and Pipe. A lot of funds co-invest with Concentric, with names like Ten31 sharing a substantial percentage of its portfolio. Concentric has team of 26 people including 6 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, Denmark and 14 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: 3,524 as on Sep 30, 2026
- Investors: SIB Investment Group, Atomico and 28 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: $1B+ as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 12,325 as on Sep 30, 2026
- Investors: JPMorgan Chase, CoBank and 4 Others
- Latest Funding Round: Grant (prize money), Sep 03, 2024, $*****
- Highlight: Acquired
3. 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: £0 - £1M as on Dec 31, 2023
- Stage: Acquired
- Total Funding till date: $20.8M
- Employee Count: 61 as on Aug 31, 2026
- Investors: Kreos Capital, Volution and 43 Others
- Latest Funding Round: Series B, Jun 13, 2019, $*****
- Highlight: Acquired
4. Pockit
Pockit provides debit cards for consumers. It can be used for services such as money transfers, cash withdrawal, online/offline payments, and more. It provides an account to monitor expenses & building credits.
Key facts about Pockit
- Founded Year: 2010
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $50M
- Employee Count: 50 as on Sep 30, 2026
- Investors: Alternatives Reality, Rventures and 36 Others
- Latest Funding Round: Conventional Debt, Mar 17, 2026, $*****
- Highlight: Editors' Pick
5. Noah
Key facts about Noah
- Founded Year: 2020
- Location: London (United Kingdom)
- Stage: Seed
- Total Funding till date: $38M
- Employee Count: 51 as on Sep 30, 2026
- Investors: Felix Capital, Endeit Capital and 8 Others
- Latest Funding Round: Seed, Oct 07, 2026, $*****
- 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 4 investments, while as of Sep 2026, it has made 3 investments in this year. Its most recent first time investment was in Paypercut and most recent follow-on round was in Aeon.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 3 | 1 | 4 |
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 14 investments in Seed stage with an average round size of $4.32M, 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 | 14 |
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 41 Tech companies, 28 Enterprise (B2B) companies, 24 Consumer (B2C) companies and at least 21 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 13 |
Enterprise Applications | 10 |
High Tech | 7 |
Blockchain Technology | 6 |
Consumer | 6 |
Others | 33 |
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 |
Norway | 2 |
Switzerland | 2 |
Bulgaria | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Concentric's recent investments
Concentric has made 3 investments in 2026 so far. Aeon and Paypercut are the latest among them.Here are the most recent investments by Concentric:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 14, 2026 | Switzerland | Seed | 5927 | [+4] | |
Jun 03, 2026 | Bulgaria | Seed | 9313 | [+9] | |
May 21, 2026 | - | Seed | 6364 | ||
Aug 29, 2025 | United States | Series A | 9954 | ||
Jun 05, 2025 | Singapore | Seed | 9060 | [+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 | Operator of digital commerce brands providing capital and operational support | 2020 | Mexico City | Series B | mi{mopf | ||
66 | Online revenue-based financing marketplace for SaaS businesses | 2019 | Los Angeles | Series C | {fzyrhm |
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 | 4801 |
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 | 8797 | |
Oct 30, 2024 | - | - | 6004 | |
Sep 05, 2024 | - | - | 6856 | |
Apr 02, 2024 | Jan 01, 2013 | Seed | 5634 | |
Nov 03, 2023 | - | - | 8192 |
Team profile of Concentric
Concentric has a team of 26 members including 6 Partners and 3 Principals located in United Kingdom, United Arab Emirates and 2 more locations. 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 | Abu Dhabi | - | - | |
Partner | London | - | - | |
Partner | Abu Dhabi | - | - | |
Partner | United Kingdom | - | ||
Partner | - | - | - | |
Partner | London | - | - | |
Principal | London | - | - | |
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: 500 Global, Fulgur Ventures and 26 others have invested in rounds before Concentric. There are 3 companies where 500 Global has invested before Concentric and 3 companies where Fulgur Ventures has invested before Concentric.
- Top Co-investors of Concentric: 87 investors entered a company along with Concentric. These include investors like Ten31 (2 companies).
- Invested after Concentric: A total of 32 investors have invested in Concentric's portfolio after their investments. Top Investors include Puma Private Equity (1 company), The North East Development Capital Fund (1 company) and Maven Capital Partners (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 11 others
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Visium SA Secures First Institutional Funding Round with Spanish Investor BackingEuropa Press•May 27, 2026•Concentric, Columbus Venture Partners
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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, JV Sisters and 4 others
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Vida Raises $4M Series A to Accelerate AI Voice Innovation and Expand Leadership TeamTMC•Nov 13, 2025•TIMECHAIN LABS, Trammell Venture Partners, Vida Lab, Concentric
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€2M Investment Fuels Paypercut’s Mission to Simplify BNPL for Small MerchantsRecurisve Media JSC•Jul 16, 2025•paypercut.co, 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
