About Element Ventures
Element Ventures is a venture capital firm founded in 2015. It is primarily based out of London, United Kingdom. As of Jul 2023, Element Ventures has invested in 15 companies. It primarily invests in Conventional Debt round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and High Tech. Most recently it participated in the $***** Conventional Debt round of Hepster Overall, Element Ventures portfolio has seen 1 IPO and 4 acquisitions including key companies like nCino, OpenGamma and Duco. A lot of funds co-invest with Element Ventures, with names like Cota Capital sharing a substantial percentage of its portfolio. Element Ventures has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Conventional Debt & 1 more
Portfolio IPOs
Element Ventures' List of Top Investments
Element Ventures has a portfolio of 15 companies. Their most notable investmentis in BanxwareTheir portfolio spans across United Kingdom, Germany, United States and 4 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 8 other sectors, across stages such as Seed, Conventional Debt and 1 more. Here is the list of top investments by Element Ventures:1. Thirdfort
Provider of automated identity verification and anti-money laundering compliance services. The company offers tools for identity checks, source of funds verification, and monitoring of individuals and businesses. It helps businesses comply with regulations and safeguard against fraud through document verification and screening against sanctions lists.
Key facts about Thirdfort
- Founded Year: 2017
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Mar 31, 2025
- Stage: Series B
- Total Funding till date: $24.5M
- Employee Count: 117 as on Aug 31, 2026
- Investors: 13books Capital, Element Ventures and 37 Others
- Latest Funding Round: Series B, Sep 07, 2022, $*****
- Highlight: Editors' Pick
2. nCino
Provider of a platform for digitizing and reengineering financial service processes. The platform unites lending, account onboarding, and analytics for a streamlined experience. It helps financial institutions make informed decisions with reduced risks. The platform supports institutions of varying sizes.
Key facts about nCino
- Founded Year: 2011
- Location: Wilmington (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $222M
- Employee Count: 1,833 as on Jan 31, 2025
- Investors: HTIF, Sprout Capital Partners and 20 Others
- Latest Funding Round: Post IPO, Jan 2022, $*****
- Highlight: Public
3. OpenGamma
Platform that provides SaaS based solutions for derivatives risk analytics. It provides an open source platform for derivatives risk management and analytics to the financial services industry, for use in the derivatives OTC markets. The company refers to its solutions as risk service and its products cover ETD & OTC margin calculations, bilateral OTC margining, and derivatives.
Key facts about OpenGamma
- Founded Year: 2009
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $74.9M
- Employee Count: 48 as on Sep 30, 2026
- Investors: Dawn Capital, CME Group and 9 Others
- Latest Funding Round: Series E, Feb 01, 2022, $*****
- Highlight: Acquired
4. Duco
SAAS reconciliation solution for financial services firms. It enables financial services firms to control complex data using light touch, self service technology. Its flagship product is a SAAS product that can be used to analyze complex data for financial services firms. It helps in building efficient operations with customers on the sell side, buy side and major service providers. It provides interfaces that enable non technical users to deal with masses of data in minutes.
Key facts about Duco
- Founded Year: 2010
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Mar 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $35.3M
- Employee Count: 238 as on Sep 30, 2026
- Investors: CME Group, Illuminate Financial and 10 Others
- Latest Funding Round: Series C, Jan 29, 2018, $*****
- Highlight: Acquired
5. Token
Provider of account-to-account payment infrastructure, variable recurring payments, and data solutions. The company delivers payment and withdrawal processing, along with data solutions. It offers connectivity to bank accounts, enabling payment initiation and data access. The company provides licensing as a service, along with consultancy, growth, and innovation services.
Key facts about Token
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $90.2M
- Employee Count: 101 as on Sep 30, 2026
- Investors: BNP Paribas, EQT and 20 Others
- Latest Funding Round: Series C, Jun 05, 2025, $*****
- Highlight: Editors' Pick
Element Ventures' Year-on-Year Investment Trends
Element Ventures has invested in 15 companies over the last 10 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Hepster.Element Ventures' Investments by Stage
Element Ventures has made 3 investments in Seed stage with an average round size of $5.37M, 1 investment in Conventional Debt stage and 1 investment in Series C stage with an average round size of $40M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Conventional Debt | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Element Ventures' Investments by Sector
Element Ventures has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Auto Tech, Blockchain - Industry Applications and Blockchain Technology. Notably, it has invested in 15 Tech companies, 13 Enterprise (B2B) companies, 11 Software companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
FinTech | 4 |
Enterprise Applications | 3 |
Auto Tech | 1 |
Blockchain - Industry Applications | 1 |
Blockchain Technology | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Element Ventures' Investments by Geography
Element Ventures has made most investments in Germany (2), followed by China where it has made 1 investment.Country | No. of Investments |
|---|---|
Germany | 2 |
China | 1 |
Pakistan | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Element Ventures' recent investments
Element Ventures has not made any investment in 2026 so far.Here are the most recent investments by Element Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 10, 2023 | Germany | Conventional Debt | 5465 | ||
Sep 22, 2022 | China | Seed | 2850 | [+22] | |
May 12, 2022 | United Kingdom | Series C | 8950 | [+7] | |
Jan 12, 2022 | Germany | Seed | 5134 | [+6] | |
Jul 22, 2016 | Pakistan | Seed | 5744 |
IPOs and Publicly Listed companies in Element Ventures' Portfolio
1 of Element Ventures' portfolio company became public - nCino. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2020 at marketcap of $2.78BHere are Element Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 14, 2020 | - | - | 2310 |
Acquired companies in Element Ventures' Portfolio
4 companies from Element Ventures' portfolio have been acquired. The most recent acquisition was OpenGamma in Dec 2025 by Trading Technologies for $*****.Here are Element Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 17, 2025 | - | - | 5154 | |
Jul 15, 2021 | - | - | 5372 | |
May 18, 2021 | - | - | 7800 | |
Oct 02, 2013 | - | - | 4500 |
Team profile of Element Ventures
Element Ventures has a team of 2 members including 1 Partner and 1 Principal located in United Kingdom. Element Ventures' team does not sit on the board of any company as of now.Co-investors of Element Ventures
Over the past 10 years, 56 investors have co-invested in Element Ventures's portfolio companies. This includes funds and angels.
- Invested before Element Ventures: Opera Tech Ventures, Octopus Ventures and 15 others have invested in rounds before Element Ventures. There is 1 company where Opera Tech Ventures has invested before Element Ventures and 1 company where Octopus Ventures has invested before Element Ventures.
- Top Co-investors of Element Ventures: 34 investors entered a company along with Element Ventures. These include investors like Cota Capital (1 company).
- Invested after Element Ventures: A total of 5 investors have invested in Element Ventures's portfolio after their investments. Top Investors include HSBC (1 company), UniCredit (1 company) and OpenFinance Network (1 company).
Recent News related to Element Ventures
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German embedded insurtech platform Hepster raises €10mAltFi•Jul 17, 2023•Hepster, Element Ventures, Seventure Partners, Claret Capital Partners
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WeGift raises £26m Series B with plans for North American growthAltFi•Nov 15, 2022•Runa, Element Ventures, Clocktower Ventures, Volition Capital and 7 others
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DID Social Platform TwitterScan raised $4.56 Mn Seed RoundBusinessFortNight•Sep 24, 2022•Twitterscan, Redpoint Ventures, Sky9 Capital, UpHonest Capital and 20 others
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Open banking payments firm Token seals $40 million raiseFinextra•May 13, 2022•Token, Cota Capital, TempoCap, Element Ventures and 7 others
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Copenhagen-based fintech Januar just closed the largest seed round in DenmarkArcticStartup•May 05, 2022•Januar, Element Ventures, Angular Ventures, Outward and 1 other
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Arbolu Raises $15M in Series A FundingFintechinshorts•May 02, 2022•Arbolus, Element Ventures, Fuel Ventures, SVB
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Wert Raises $5M in Seed FundingFinSMEs•Mar 31, 2022•Wert, Tagus Capital, Tezos Foundation, VR Ventures Management and 4 others
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UK’s ThirdFort nabs $20M for tools to help with ID verification, and detect money laundering and payment fraudTechCrunch+•Mar 08, 2022•Thirdfort, Breega, Element Ventures, ComplyAdvantage and 8 others
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Swedish payment service Billhop has raised €10.5 million led by EQT VenturesArcticStartup•Feb 04, 2022•Billhop, EQT Ventures, Element Ventures
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Element Ventures [now 13books] leads €10m investment round into Berlin based Banxware13books Capital•Jan 12, 2022•Banxware, 13books Capital, Fin Capital, Element Ventures and 4 others
