About Ignite Social Enterprise
Ignite Social Enterprise is a venture capital firm founded in 2013. It is primarily based out of Windsor, United Kingdom. As of May 2016, Ignite Social Enterprise has invested in 9 companies. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Consumer to Transportation and Logistics Tech and Real Estate and Construction Tech. Most recently it participated in the $***** Series A round of IRT Overall, Ignite Social Enterprise portfolio has seen 3 acquisitions, namely E-Car Club, IRT and Co Wheels Car Club. Shackleton Ventures co-invest with Ignite Social Enterprise, sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Ignite Social Enterprise's List of Top Investments
Ignite Social Enterprise has a portfolio of 9 companies. Their most notable investments are in E-Car Club and Verv.Their portfolio spans across and United Kingdom. They have invested in Consumer, Transportation and Logistics Tech, Real Estate and Construction Tech and 11 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Ignite Social Enterprise:
1. Verv
AI-driven energy monitoring solution for homes. The company offers advanced home energy monitor & virtual assistance which tracks, monitors, and provides information on home appliances for efficient energy management. The platform enables users to calculate the cost of powering each appliance in their home giving them more control over energy bills.
Key facts about Verv
2. Bio-bean
Recycles coffee waste to produce biofuels. The company collects coffee waste from cafes, restaurants, offices, and more. The company then processes the waste to create biomass pellets and briquettes. It is working towards processing the waste to produce biodiesel and biochemicals.
Key facts about Bio-bean
- Founded Year: 2013
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $7.3M
- Employee Count: 5 as on Aug 31, 2026
- Investors: Gresham House, DOEN Foundation and 56 Others
- Latest Funding Round: Conventional Debt, Jul 27, 2022, $*****
- Highlight: Editors' Pick
3. E-Car Club
Provider of diversified drugs and medicines. It offers multiple products including oral and injectable steroids ad peptides.
Key facts about E-Car Club
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $1.55M
- Employee Count: 21 as on Dec 31, 2020
- Investors: Sustainable Ventures and Ignite Social Enterprise
- Latest Funding Round: Seed, Feb 14, 2014, $*****
- Highlight: Acquired
4. IRT
Provider of cloud-based thermal surveying solutions. It helps to recognize the thermal conditions of the establishment and inspect areas of inefficiencies and leaks so as to recommend solutions to optimize the thermal conditions of the building. The software used includes TheHouseSurvey, Envision, eDash, and DREam. It offers services such as flat roofing, underfloor heating, predictive maintenance, thermal drone surveying, and more.
Key facts about IRT
- Founded Year: 2002
- Location: Dundee (United Kingdom)
- Annual Revenue: £0 - £1M as on Dec 31, 2021
- Stage: Acquired
- Employee Count: 12 as on Aug 31, 2026
- Investors: Shackleton Ventures, Scottish Enterprise and 16 Others
- Latest Funding Round: Series A, May 12, 2016, $*****
- Highlight: Acquired
Global Action Plan is a non-profit organization. Its focused areas are climate, change pollution, mass extinction of animals. It organizes multiple projects and events to promote the importance of sustainable development. It has also started multiple campaigns to raise awarness about water pollution, air pollution, and others.
Key facts about Global Action Plan
- Founded Year: 1993
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Mar 31, 2023
- Stage: Funding Raised
- Employee Count: 59 as on Aug 31, 2026
- Investors: Ignite Social Enterprise
Ignite Social Enterprise's Investments by Stage
Ignite Social Enterprise has made 3 investments in Seed stage with an average round size of $903K and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 1 |
Note: We have considered here, only first round of investments
Ignite Social Enterprise's Investments by Sector
Ignite Social Enterprise has a diverse portfolio, with companies operating in the Energy Tech, Environment Tech, Real Estate and Construction Tech, Sustainability Tech and Enterprise Applications. Notably, it has invested in 6 Enterprise (B2B) companies, 5 Consumer (B2C) companies, 4 Tech companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Energy Tech | 2 |
Environment Tech | 2 |
Real Estate and Construction Tech | 2 |
Sustainability Tech | 2 |
Enterprise Applications | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Ignite Social Enterprise's Investments by Geography
Ignite Social Enterprise has made most investments in United Kingdom (4).Ignite Social Enterprise's recent investments
Ignite Social Enterprise has not made any investment in 2026 so far.Here are the most recent investments by Ignite Social Enterprise:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 12, 2016 | United Kingdom | Series A | 6354 | ||
Mar 15, 2016 | United Kingdom | Seed | 6696 | - | |
Jul 28, 2015 | United Kingdom | Seed | 2005 | - | |
Feb 14, 2014 | United Kingdom | Seed | 9003 | - |
Acquired companies in Ignite Social Enterprise's Portfolio
3 companies from Ignite Social Enterprise's portfolio have been acquired. The most recent acquisition was IRT in Aug 2022 by Mears Group for $*****.Here are Ignite Social Enterprise's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 15, 2022 | May 12, 2016 | Series A | 7804 | |
Apr 16, 2019 | - | - | 9859 | |
Jul 09, 2015 | Feb 14, 2014 | Seed | 5388 |
Co-investors of Ignite Social Enterprise
Over the past 12 years, 32 investors have co-invested in Ignite Social Enterprise's portfolio companies. This includes funds and angels.
- Invested before Ignite Social Enterprise: Sustainable Ventures has invested before Ignite Social Enterprise.
- Top Co-investors of Ignite Social Enterprise: Shackleton Ventures entered a company along with Ignite Social Enterprise.
- Invested after Ignite Social Enterprise: A total of 30 investors have invested in Ignite Social Enterprise's portfolio after their investments. Top Investors include Crowdcube (1 company), Austin Consultants (1 company) and Colin Dartnell (1 company).
Recent News related to Ignite Social Enterprise
•
Centrica backs AI start-up with £200k fundingEnergy Live News•Aug 22, 2017•GRID EDGE LIMITED, GridEdge Solutions, Ignite Social Enterprise
•
E-Car Club accelerates roll out with £500,000 investmentBusinessGreen•Feb 14, 2014•E Car Club, Ignite Social Enterprise
•
E-Car Club Secures £500K in Funding |FinSMEsFinSMEs•Feb 14, 2014•E Car Club, Ignite Social Enterprise
