About Freston Ventures
Freston Ventures is a venture capital firm founded in 2010. It is primarily based out of London, United Kingdom. As of Mar 2022, Freston Ventures has invested in 10 companies. It primarily invests in Series B round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Consumer to Retail and Real Estate and Construction Tech. Most recently it participated in the $***** Series A round of ME+EM Overall, Freston Ventures portfolio has seen 1 IPO and 1 acquisition, namely Nutmeg and Purplebricks. A lot of funds co-invest with Freston Ventures, with names like Balderton Capital sharing a substantial percentage of its portfolio. Freston Ventures has team of 16 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series B, Seed & 1 more
Portfolio IPOs
Portfolio Acquisitions
Freston Ventures' List of Top Investments
Freston Ventures has a portfolio of 10 companies. Their most notable investments are in Strike and Ish Fish.Their portfolio spans across United Kingdom and United States. They have invested in Consumer, Retail, Real Estate and Construction Tech and 6 other sectors, across stages such as Series B, Seed and 1 more. Here is the list of top investments by Freston Ventures:1. Nutmeg
Nutmeg provides a personal finance planning and management platform. It helps in organizing the finances, offering tax and investment advisory, budget analysis and planning, and portfolio management. It also performs money management needs of the users such as budgeting, expenses tracking and savings optimization. The platform allows to track portfolio and optimize the returns.
Key facts about Nutmeg
- Founded Year: 2011
- Location: London (United Kingdom)
- Annual Revenue: £9.27M as on Dec 31, 2019
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $180M
- Employee Count: 360 as on Dec 31, 2024
- Investors: Goldman Sachs, Balderton Capital and 20 Others
- Latest Funding Round: Series E, Jan 22, 2019, $*****
- Highlight: Acquired
2. Purplebricks
Provider of app-based brokerage services for residential properties. The platform enables users to manage the sale of their properties. It provides features including automated notifications, manage viewings, automated messaging, automated reporting, and more. Their apps are available for Android and iOS devices.
Key facts about Purplebricks
- Founded Year: 2012
- Location: Solihull (United Kingdom)
- Annual Revenue: £137M as on Apr 30, 2019
- Stage: Public
- Investors: Summit Partners, DN Capital and 5 Others
- Latest Funding Round: Post IPO, May 22, 2024, $*****
- Highlight: Public
Five Guys is a fast casual restaurant chain focused on hamburgers, hot dogs, and French fries, with its headquarters in the Lorton community in unincorporated Fairfax County, Virginia. the chain has over 1,000 locations in 47 states and 6 Canadian provinces, as of Jan 2019.
Key facts about Five Guys Enterprises
- Founded Year: 1986
- Location: Alexandria (United States)
- Stage: Series A
- Total Funding till date: $25M
- Employee Count: 4,499 as on Dec 31, 2022
- Investors: Pembroke VCT, RMR Capital and 6 Others
- Latest Funding Round: Grant (prize money), Sep 06, 2022, $*****
4. ME+EM
Online retailer of women's designer fashion and luxury clothing. The company offers a variety of clothing, dresses, shoes, and accessories. It provides standard and express delivery options. The business also offers free returns and instant exchanges.
Key facts about ME+EM
- Founded Year: 2009
- Location: London (United Kingdom)
- Annual Revenue: £47.7K as on Jan 30, 2022
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $81.6M
- Employee Count: 277 as on Jan 26, 2025
- Investors: Highland Europe, Pembroke VCT and 17 Others
- Latest Funding Round: Series A, Mar 22, 2022, $*****
- Highlight: Editors' Pick
5. Strike
Provider of real estate services for property sales and rentals. The company offers assistance with property sales through valuation, listing, and agent support. It provides options for flexible payment plans for sales. The company also facilitates property rentals, offering services for landlords.
Key facts about Strike
- Founded Year: 2007
- Location: Colchester (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $125M
- Employee Count: 143 as on Mar 31, 2026
- Investors: Channel 4 Ventures, Tech Nation and 28 Others
- Latest Funding Round: Series B, Jun 25, 2021, $*****
- Highlight: Editors' Pick
Freston Ventures' Year-on-Year Investment Trends
Freston Ventures has invested in 10 companies over the last 12 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in ME+EM.Freston Ventures' Investments by Stage
Freston Ventures has made 2 investments in Series B stage with an average round size of $29.4M, 1 investment in Seed stage and 1 investment in Series A stage with an average round size of $72.4M.Stage of entry | No. of Investments |
|---|---|
Series B | 2 |
Seed | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
Freston Ventures' Investments by Sector
Freston Ventures has a diverse portfolio, with companies operating in the Consumer, Consumer Goods, FinTech, Food and Agriculture Tech and Real Estate and Construction Tech. Notably, it has invested in 8 Consumer (B2C) companies, 6 Tech companies and 1 Enterprise (B2B) company.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Consumer Goods | 1 |
FinTech | 1 |
Food and Agriculture Tech | 1 |
Real Estate and Construction Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Freston Ventures' Investments by Geography
Freston Ventures has made most investments in United Kingdom (4).Freston Ventures' recent investments
Freston Ventures has not made any investment in 2026 so far.Here are the most recent investments by Freston Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 22, 2022 | United Kingdom | Series A | 8371 | [+2] | |
Jan 31, 2022 | United Kingdom | Seed | 1931 | ||
Dec 20, 2017 | United Kingdom | Series B | 9812 | ||
Jun 25, 2014 | United Kingdom | Series B | 7592 | [+5] |
IPOs and Publicly Listed companies in Freston Ventures' Portfolio
1 of Freston Ventures' portfolio company became public - Purplebricks. It got listed on the London Stock Exchange (LSE), in Dec 2015 at marketcap of $2.23BHere are Freston Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 17, 2015 | - | - | 7893 |
Acquired companies in Freston Ventures' Portfolio
1 company from Freston Ventures' portfolio has been acquired. The most recent acquisition were Nutmeg in Jun 2021 by JPMorgan Chase.Here are Freston Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 17, 2021 | Jun 25, 2014 | Series B | 7219 |
Team profile of Freston Ventures
Freston Ventures has a team of 16 members including 4 Partners and 1 Principal located in United Kingdom. Freston Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Freston Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | - | |
Partner | London | - | ||
Partner | London | - | ||
Partner | - | - | - | |
Principal | London | - | - |
Co-investors of Freston Ventures
Over the past 12 years, 22 investors have co-invested in Freston Ventures's portfolio companies. This includes funds and angels.
- Invested before Freston Ventures: Draper, Pentech and 6 others have invested in rounds before Freston Ventures. There is 1 company where Draper has invested before Freston Ventures and 1 company where Pentech has invested before Freston Ventures.
- Top Co-investors of Freston Ventures: 8 investors entered a company along with Freston Ventures. These include investors like Balderton Capital (1 company).
- Invested after Freston Ventures: A total of 6 investors have invested in Freston Ventures's portfolio after their investments. Top Investors include Aging in New York Fund (1 company), Convoy (1 company) and Goldman Sachs (1 company).
Recent News related to Freston Ventures
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ITV agrees multi-million pound investment into Purplebricks’ reinventionCity A.M.•May 22, 2024•ITV, Purplebricks, Freston Ventures, ITV and 1 other
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Dr. Martens appoints Andrew Harrison as non-executive directorThe Retail Bulletin•Mar 24, 2023•Dr. Martens, Ocado Group, Ocado Retail, Carphone Warehouse and 1 other
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Purplebricks rival mounts market challenge after £20m investment dealTheBusinessDesk.com•Dec 20, 2017•HouseSimple, Freston Ventures, Toscafund Asset Management, Patrick Buxton Mitford Slade and 9 others
