About LocalGlobe
LocalGlobe is a venture capital firm founded in 1999. It is primarily based out of London, United Kingdom. As of Oct 2026, LocalGlobe is an active investor, having invested in 350 companies, with 12 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 Consumer and High Tech. Most recently it participated in the $***** Seed round of Learn2Earn Overall, LocalGlobe portfolio has seen 21 unicorns, 5 IPOs and 84 acquisitions including key companies like Robinhood, Figma and Prosper. A lot of funds co-invest with LocalGlobe, with names like Index Ventures sharing a substantial percentage of its portfolio. LocalGlobe has team of 20 people including 18 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 5 more
Portfolio Unicorns
Deals in last 12 months
LocalGlobe's List of Top Investments
LocalGlobe has a portfolio of 350 companies, including 21 unicorns. Their most notable investments are in Noah and Itana.Their portfolio spans across United Kingdom, United States, France and 27 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 35 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by LocalGlobe:
1. Robinhood
Broker-based online trading and investment platform. It offers tools for building investment strategies and tracking market trends. It facilitates trading in stocks, funds, options, and crypto assets. Expert-managed portfolios are available, providing market insights and investment adjustments. The company also provides educational resources to improve investor knowledge.
Key facts about Robinhood
- Founded Year: 2013
- Location: Menlo Park (United States)
- Stage: Public
- Total Funding till date: $5.58B
- Employee Count: 4,841 as on Sep 30, 2026
- Investors: HTIF, ADS Ventures and 155 Others
- Latest Funding Round: Post IPO, May 13, 2022, $*****
- Highlight: Public
2. Figma
Developer of a collaborative interface design and digital whiteboard platform. It provides tools for design, prototyping, and development handoff. The platform offers features for creating design systems, presentations, and websites. It also includes AI-powered tools for code generation and design assistance. The platform supports various use cases, including UX design, wireframing, and strategic planning.
Key facts about Figma
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $749M
- Employee Count: 2,877 as on Apr 30, 2026
- Investors: Fidelity Investments, Spur Capital and 61 Others
- Latest Funding Round: Series F, May 15, 2024, $*****
- Highlight: Public
3. Prosper
Prosper is a peer-to-peer lending marketplace. Prosper allows people to invest in each other in a way that is financially and socially rewarding. Borrowers list loan requests between $2,000 and $35,000 and individual lenders can invest as little as $25 in each loan listing they select. Prosper handles the servicing of the loan on behalf of the matched borrowers and investors. It also offers personal loans for business purposes. It has disbursed more than $5B in loans as of February 2016. Its investors include investors include Sequoia Capital, BlackRock, Institutional Venture Partners, and Credit Suisse NEXT Fund.
Key facts about Prosper
- Founded Year: 2005
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $414M
- Employee Count: 499 as on Sep 30, 2026
- Investors: Meritech, EG Capital Advisors and 48 Others
- Latest Funding Round: Conventional Debt, Nov 17, 2022, $*****
- Highlight: Acquired
4. Monzo
Provider of digital banking services including savings accounts and loans. This entity offers personal and business current accounts, credit products, and investment options. Customers manage finances through a mobile application that includes tools for budgeting, spending insights, and automated savings features. The service facilitates payments, transfers, and the management of pension funds. Security measures include card controls, biometric authentication, and transaction notifications. Additional offerings include insurance products and credit cards for personal use.
Key facts about Monzo
5. FreeAgent
Cloud-based accounting software for small businesses, freelancers, and accountants. It offers solutions to manage log expenses, create and send invoices, track time and forecast tax bills. It also provides solutions for RTI-compliant payroll, invoice and estimate management, expense management, cash flow tracking, and more.
Key facts about FreeAgent
- Founded Year: 2007
- Location: Edinburgh (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $21.9M
- Employee Count: 417 as on Sep 30, 2026
- Investors: Kreos Capital, Eiffel Investment Group and 23 Others
- Latest Funding Round: Series A, May 21, 2015, $*****
- Highlight: Acquired
LocalGlobe's Year-on-Year Investment Trends
LocalGlobe has invested in 350 companies over the last 14 years, with an average of 19 new investments annually in the last 10 years. In 2025, it made 26 investments, while as of Oct 2026, it has made 12 investments in this year. Its most recent first time investment was in Learn2Earn and most recent follow-on round was in Concretene.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 3 | 12 |
2025 | 17 | 9 | 26 |
2024 | 14 | 1 | 15 |
2023 | 13 | 9 | 22 |
2022 | 23 | 22 | 45 |
2021 | 29 | 10 | 39 |
2020 | 19 | 6 | 25 |
2019 | 25 | 9 | 34 |
2018 | 11 | 11 | 22 |
2017 | 23 | 6 | 29 |
LocalGlobe's Investments by Stage
LocalGlobe has made 138 investments in Seed stage with an average round size of $6.04M, 55 investments in Series A stage with an average round size of $14.7M and 5 investments in Series B stage with an average round size of $25M.Stage of entry | No. of Investments |
|---|---|
Seed | 138 |
Series A | 55 |
Series B | 5 |
Series C | 3 |
Series D | 2 |
Others | 3 |
Note: We have considered here, only first round of investments
LocalGlobe's Investments by Sector
LocalGlobe has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, High Tech and Vertical SaaS. Notably, it has invested in 316 Tech companies, 219 Enterprise (B2B) companies, 186 Software companies and at least 140 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 102 |
FinTech | 47 |
Consumer | 43 |
High Tech | 36 |
Vertical SaaS | 26 |
Others | 250 |
Note: We have considered here, only first round of investments
LocalGlobe's Investments by Geography
LocalGlobe has made most investments in United Kingdom (112), followed by United States where it has made 35 investments.Country | No. of Investments |
|---|---|
United Kingdom | 112 |
United States | 35 |
France | 14 |
Nigeria | 6 |
Germany | 5 |
Others | 36 |
Note: We have considered here, only first round of investments
LocalGlobe's recent investments
LocalGlobe has made 12 investments in 2026 so far. Learn2Earn and Talent Nation are the latest among them.Here are the most recent investments by LocalGlobe:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 29, 2026 | Nigeria | Seed | 8173 | [+3] | |
Oct 28, 2026 | Nigeria | Seed | 7600 | [+3] | |
Oct 27, 2026 | United Kingdom | Series A | 4176 | [+1] | |
Sep 14, 2026 | United Kingdom | Series C | 9290 | [+9] | |
Sep 14, 2026 | United Kingdom | Series A | 3081 | [+2] |
Unicorns in LocalGlobe's Portfolio
LocalGlobe has 21 unicorns in its portfolio - Open Cosmos, Moove, CuspAI and others. The most recent unicorn in their portfolio is Open Cosmos. It became a unicorn in 2026, 8 years after LocalGlobe first invested in it.Here is a list of unicorns in LocalGlobe's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Operator of space missions providing satellite data and earth observation | 2015 | Harwell | Series C | krxpxvm | ||
70 | Provider of revenue-based vehicle financing to mobility entrepreneurs | 2020 | Dubai | Series C | tplykoi | ||
63 | Developer of artificial intelligence systems for accelerated industrial materials discovery | 2024 | Cambridge | Series B | sodinzt | ||
52 | Developer of specialized hardware infrastructure for high performance artificial intelligence | 2024 | London | Series B | sqcdbap | ||
73 | Provider of AI based presentation tool for enterprise collaboration | 2020 | San Francisco | Series B | mqczqpv |
IPOs and Publicly Listed companies in LocalGlobe's Portfolio
5 of LocalGlobe's portfolio companies have become public. Figma got listed on the New York Stock Exchange (NYSE), in Jul 2025 at marketcap of $13.5B and Robinhood got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $32B.Here are LocalGlobe's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 31, 2025 | - | - | 5747 | |
Jul 29, 2021 | - | - | 4596 | |
Jul 29, 2021 | - | - | 4732 | |
Jul 09, 2021 | Jan 27, 2012 | Seed | 5975 | |
Jun 18, 2014 | - | - | 6401 |
Acquired companies in LocalGlobe's Portfolio
84 companies from LocalGlobe's portfolio have been acquired. The most recent acquisition was Torii in Oct 2026 by Freshworks for $*****.Here are LocalGlobe's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 12, 2026 | - | - | 8062 | |
Oct 02, 2026 | - | - | 4724 | |
Sep 29, 2026 | Apr 21, 2020 | Series A | 3861 | |
Sep 14, 2026 | Jul 26, 2017 | Seed | 1091 | |
Sep 09, 2026 | Nov 30, 2021 | Seed | 7629 |
Team profile of LocalGlobe
LocalGlobe has a team of 20 members including 18 Partners and 1 Principal located in United Kingdom, United States and 1 more location. LocalGlobe's team sits on the board of 2 companies.Here is a list of top team members in LocalGlobe:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | United Kingdom | - | ||
Partner | Guildford | - | ||
Partner | London | - | ||
Partner | London | |||
Partner | London | - | - | |
Partner | London | - | - | |
Partner | London | |||
Partner | London | - | ||
Partner | London | - | ||
Partner | London | - |
Co-investors of LocalGlobe
Over the past 14 years, 1566 investors have co-invested in LocalGlobe's portfolio companies. This includes funds and angels.
- Invested before LocalGlobe: Y Combinator, Europa and 265 others have invested in rounds before LocalGlobe. There are 8 companies where Y Combinator has invested before LocalGlobe and 7 companies where Europa has invested before LocalGlobe.
- Top Co-investors of LocalGlobe: 649 investors entered a company along with LocalGlobe. These include investors like Index Ventures (12 companies).
- Invested after LocalGlobe: A total of 650 investors have invested in LocalGlobe's portfolio after their investments. Top Investors include Latitude (9 companies), Phoenix Court (8 companies) and Octopus Ventures (8 companies).
Recent News related to LocalGlobe
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Graphene innovator Concretene secures £4.5 million backingBdaily•Oct 26, 2026•Northern Powerhouse Investment Fund, Concretene, Molten Ventures, LocalGlobe and 1 other
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MicroAGI Secures $55 Million Seed Funding for Robot Training Softwaremanager magazin•Jul 16, 2026•MicroAGI, Hummingbird Ventures, Village Global, LocalGlobe and 2 others
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BioOrbit Secures $13.2M in Seed Funding for In-Space Pharmaceutical Drug ManufacturingMobiHealthNews•Apr 30, 2026•BioOrbit, LocalGlobe, Breega
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Trent AI Raises $13M in Seed FundingFinSMEs•Apr 07, 2026•Cambridge Innovation Capital, LocalGlobe, Trent AI, Databricks and 2 others
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Shellworks Raises $15M in Series A FundingFinSMEs•Mar 04, 2026•Third Sphere, LocalGlobe, Founder Collective, The Shellworks and 1 other
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Paris’ baCta raises €7 million to use microorganisms as programmable molecular factories for industrial ingredientsEU-Startups•Mar 03, 2026•baCta, OVNI, LocalGlobe, Daphni
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Electric Twin Raises $14M Funding To Grow Its AI Audience PlatformStartup Rise EU•Feb 12, 2026•Electric Twin, Atomico, Mercuri, Samos Investments and 1 other
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Anzen Industries bags $2.2M in pre-seed round led by LocalGlobe and Creator FundStartup Rise EU•Jan 19, 2026•LocalGlobe, Creator Fund, Anzen Industries
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Equitable Earth Raises €12.6M in FinancingFinSMEs•Jan 19, 2026•Noa, AENU, LocalGlobe, Equitable Earth
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Israeli AI firm Opti bags $20m seed roundTech in Asia•Nov 25, 2025•Opti, Maple Capital Advisors, Hetz Ventures, LocalGlobe and 5 others
