About Piper
Piper is a venture capital firm founded in 1985. It is primarily based out of London, United Kingdom. As of Jan 2026, Piper is an active investor, having invested in 42 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and HealthTech. Most recently it participated in the $***** PE round of VIEVE Overall, Piper portfolio has seen 3 IPOs and 17 acquisitions including key companies like Wattbike, Mindful Chef and Orlebar Brown. A lot of funds co-invest with Piper, with names like Winona Capital sharing a substantial percentage of its portfolio. Piper has team of 12 people including 7 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series A, PE & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Piper's List of Top Investments
Piper has a portfolio of 42 companies. Their most notable investments are in The Thinking Traveller and PET FOOD UK.Their portfolio spans across United Kingdom and United States. They have invested in Retail, Consumer, HealthTech and 8 other sectors, across stages such as Series A, PE and 2 more. Here is the list of top investments by Piper:
1. Bloom & Wild
Online platform offering flowers on a subscription basis. Its product offerings include flower bouquets, flower baskets, combos, and more. It offers flowers for different occasions like birthdays, Christmas, thank you, and more. It provides hand-selected bouquets sent in bud form for maximum freshness and longevity, plus hand-tied arrangements, dried flowers, houseplants, and monthly subscriptions.
Key facts about Bloom & Wild
- Founded Year: 2013
- Location: London (United Kingdom)
- Annual Revenue: £50M - £100M as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $174M
- Employee Count: 225 as on Mar 31, 2025
- Investors: Novator, MMC Ventures and 61 Others
- Latest Funding Round: Series D, Jul 28, 2021, $*****
- Highlight: Editors' Pick
2. Wattbike
Wattbike offers cloud-connected indoor cycling trainers. It collects real-time data with scientific accuracy so that the rider can improve both fitness and cycling technique. It connects with the phone through Bluetooth via the app Wattbike Hub, which is available for iOS and Android platforms. It can also connect with other apps such as Strava, Zwift, Supperfest, etc.
Key facts about Wattbike
- Founded Year: 2008
- Location: Nottingham (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $30.5M
- Employee Count: 77 as on Jul 31, 2026
- Investors: 24 Haymarket, Piper and 29 Others
- Latest Funding Round: Conventional Debt, Oct 12, 2023, $*****
- Highlight: Acquired
3. Mindful Chef
Mindful chef is a platform offering a meal kit. It is focused on providing customers with healthy recipe boxes, healthy frozen ready meals, smoothie pouches, healthy broths & soups, and more. The company offers subscription-based service with gluten and dairy-free ingredients. The company also offers a free nationwide delivery.
Key facts about Mindful Chef
- Founded Year: 2014
- Location: London (United Kingdom)
- Annual Revenue: £50M - £100M as on Dec 31, 2024
- Stage: Acquired
- Total Funding till date: $11.6M
- Employee Count: 102 as on Jul 31, 2026
- Investors: Piper, Portfolio Ventures and 1 Other
- Latest Funding Round: Series A, Dec 2018, $*****
- Highlight: Acquired
Monica Vinader is an internet-first brand of affordable luxury jewelry. They retail pre-designed jewelry and also allows users to add personalization elements to the design through custom engravings (bracelets), custom stack (rings) and custom designs (necklaces) using the online customization platform. The company started off selling exclusively through its website and in 2010 launched its flagship store in London. The brand boasts of many high profile customers like The Duchess of Cambridge, Kate Winslet, and Alicia Vikander.
Key facts about Monica Vinader
- Founded Year: 2002
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $32.8M
- Employee Count: 382 as on Jul 31, 2026
- Investors: Bridgepoint Group, Piper and 17 Others
- Latest Funding Round: Series C, Mar 15, 2023, $*****
- Highlight: Editors' Pick
Designer of men's swimwear and apparel. It designs and sells a collection of swim shorts, polo shirts, t-shirts, trousers, and other clothing items for men. The company also offers accessories such as sunglasses and footwear. A focus is placed on classic styles and high-quality materials. Various collections are available, catering to different preferences and occasions. The company provides a guarantee on its swim shorts.
Key facts about Orlebar Brown
- Founded Year: 2007
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 29, 2018
- Stage: Acquired
- Total Funding till date: $12.2M
- Employee Count: 243 as on Jul 31, 2026
- Investors: Stonebridge, Piper and 1 Other
- Latest Funding Round: Series B, Aug 05, 2013, $*****
- Highlight: Acquired
Piper's Year-on-Year Investment Trends
Piper has invested in 44 companies over the last 36 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in VIEVE and most recent follow-on round was in Wattbike.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 1 | 0 | 1 |
2021 | 2 | 0 | 2 |
2020 | 2 | 0 | 2 |
2019 | 1 | 0 | 1 |
2018 | 2 | 0 | 2 |
2017 | 5 | 0 | 5 |
Piper's Investments by Stage
Piper has made 13 investments in Series A stage with an average round size of $7.51M, 10 investments in PE stage with an average round size of $10.9M, 6 investments in Series B stage with an average round size of $16M and 2 investments in Series C stage with an average round size of $34.6M.Stage of entry | No. of Investments |
|---|---|
Series A | 13 |
PE | 10 |
Series B | 6 |
Series C | 2 |
Note: We have considered here, only first round of investments
Piper's Investments by Sector
Piper has a diverse portfolio, with companies operating in the Consumer Goods, Food and Agriculture, Consumer, Retail and Gig Economy. Notably, it has invested in 25 Consumer (B2C) companies, 10 Tech companies, 2 Software companies and at least 1 company focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer Goods | 14 |
Food and Agriculture | 9 |
Consumer | 7 |
Retail | 6 |
Gig Economy | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
Piper's Investments by Geography
Piper has made most investments in United Kingdom (30), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
United Kingdom | 30 |
United States | 1 |
Note: We have considered here, only first round of investments
Piper's recent investments
Piper has made 1 investments in 2026 so far - VIEVE.Here are the most recent investments by Piper:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 08, 2026 | United Kingdom | PE | 4190 | - | |
Dec 01, 2025 | United Kingdom | Series A | 6029 | - | |
Oct 12, 2023 | United Kingdom | Conventional Debt | 6560 | - | |
Jun 07, 2022 | United Kingdom | Series A | 3655 | - | |
Nov 23, 2021 | United Kingdom | Series C | 3915 | - |
IPOs and Publicly Listed companies in Piper's Portfolio
3 of Piper's portfolio companies have become public. Lounges got listed on the London Stock Exchange (LSE), in May 2019 at marketcap of $106M and Tootsies got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are Piper's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 03, 2019 | Apr 10, 2012 | PE | 4429 | |
Mar 01, 1980 | - | - | 3716 | |
- | Jun 21, 2013 | Series A | 8804 |
Acquired companies in Piper's Portfolio
17 companies from Piper's portfolio have been acquired. The most recent acquisition was Wattbike in Apr 2025 by Interactive Strength for $*****.Here are Piper's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 08, 2025 | Sep 08, 2020 | Series B | 3532 | |
Oct 11, 2022 | Oct 20, 2014 | Series A | 5518 | |
Dec 07, 2021 | Mar 08, 2017 | Series A | 8847 | |
Nov 09, 2020 | Dec 2018 | Series A | 9049 | |
Aug 28, 2020 | Sep 28, 2015 | PE | 8515 |
Team profile of Piper
Piper has a team of 12 members including 7 Partners and 1 Principal located in United Kingdom. Piper's team does not sit on the board of any company as of now.Here is a list of top team members in Piper:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | London | - | ||
Partner | London | - | ||
Partner | London | - | ||
Partner | London | - | ||
Partner | London | - | ||
Partner | London | - | ||
Principal | London | - |
Co-investors of Piper
Over the past 36 years, 34 investors have co-invested in Piper's portfolio companies. This includes funds and angels.
- Invested before Piper: Clark Group, Samos Investments and 5 others have invested in rounds before Piper. There are 2 companies where Clark Group has invested before Piper and 1 company where Samos Investments has invested before Piper.
- Top Co-investors of Piper: 9 investors entered a company along with Piper. These include investors like Winona Capital (1 company).
- Invested after Piper: A total of 18 investors have invested in Piper's portfolio after their investments. Top Investors include ThinCats (2 companies), General Catalyst (1 company) and Novator Partners (1 company).
Recent News related to Piper
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TLT completes sale of ‘cultural adventure’ travel brand to new investorsInsider Media•Nov 08, 2024•Insidetravelgroup, Piper
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PepsiCo investing £8m into UK crisps manufacturing facilityFood Manufacture•May 15, 2024•PepsiCo, Piper
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Monica Vinader gets £8 million investment after private equity dealFashion Network•Apr 06, 2023•Monica Vinader, Piper
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Pet food firm acquired by Inspired Pet NutritionInsider Media•Dec 08, 2021•PET FOOD UK, Piper, Inspired Pet Nutrition, Barking Heads
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Burges Salmon helps fast-growing pet firm behind Eglu chicken house secure £33m investmentBristol Business News•Nov 23, 2021•Omlet, Piper, Burges Salmon, Omlet
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Wbd Advises Piper On Investment Into Natural Health Supplements BrandInsider Media•Apr 27, 2021•Womble Bond Dickinson, Wild Nutrition, Piper, Piper and 1 other
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WBD advises Piper on villa brand investmentInsider Media•Dec 10, 2020•Womble Bond Dickinson, Piper, The Thinking Traveller
