About Pledge Ventures
Pledge Ventures is a venture capital firm founded in 2022. It is primarily based out of London, United Kingdom. As of Aug 2025, Pledge Ventures has invested in 29 companies. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series E round of Nuro Overall, Pledge Ventures portfolio has seen 8 unicorns and 1 acquisition including key companies like Blockchain, Bolt and Marshmallow. A lot of funds co-invest with Pledge Ventures, with names like TASARU Mobility Investments sharing a substantial percentage of its portfolio. Pledge Ventures has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C & Series E
Portfolio Acquisitions
Pledge Ventures' List of Top Investments
Pledge Ventures has a portfolio of 29 companies, including 8 unicorns. Their most notable investments include Blockchain and Bolt.Their portfolio spans across United States, United Kingdom, Germany and 4 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 18 other sectors, across stages such as Series C, Series E stages. Here is the list of top investments by Pledge Ventures:1. Blockchain
App-based platform for exchange and trading solutions for cryptocurrency. It enables users to buy, sell, swap, hold, earn, and trade crypto. It also has a wallet where users can buy, sell, and swap cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Stellar, and ALGO. It also allows users to transfer cryptocurrencies to interest accounts where users can earn interest. It is available on iOS and Android devices.
Key facts about Blockchain
- Founded Year: 2011
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $700M
- Employee Count: 1,212 as on Sep 30, 2026
- Investors: Access Industries, Baillie Gifford and 29 Others
- Latest Funding Round: Series E, Nov 14, 2023, $*****
- Highlight: Editors' Pick
2. Bolt
Provider of ride-hailing, car-sharing, micromobility, food, and grocery delivery services. The company offers options for transportation, food delivery, and grocery services through its application. It provides opportunities for drivers, couriers, and merchants to generate revenue. The company also supports city planning with data insights.
Key facts about Bolt
- Founded Year: 2013
- Location: Tallinn (Estonia)
- Annual Revenue: €1B+ as on Dec 31, 2024
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $1.98B
- Employee Count: 16,172 as on Aug 31, 2026
- Investors: equitywestsecurities.com, SEB and 136 Others
- Latest Funding Round: Conventional Debt, Jul 27, 2026, $*****
- Highlight: Editors' Pick
3. Marshmallow
Provider of motor vehicle insurance policies for car and van. These insurance products offer financial protection against damage to vehicles and liability for injury or property damage caused to others. The policies include coverage for fire, theft, and vandalism. Customers manage their insurance documentation and policy details through a digital interface. The business provides support for claims and accident reporting.
Key facts about Marshmallow
- Founded Year: 2017
- Location: London (United Kingdom)
- Annual Revenue: £100M - £500M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $161M
- Employee Count: 625 as on Sep 30, 2026
- Investors: Sagard, BlackRock and 57 Others
- Latest Funding Round: Series C, Apr 14, 2025, $*****
- Highlight: Editors' Pick
4. Nuro
Developer of autonomous driving technology for automakers and mobility providers. The company offers a self-driving system designed to empower the scaling of autonomy. It provides a universal autonomy platform that is vehicle-agnostic and cost-efficient. Automakers and mobility platforms can license the technology to power robotaxis, commercial fleets, and personal vehicles.
Key facts about Nuro
- Founded Year: 2016
- Location: Mountain View (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $2.34B
- Employee Count: 1,152 as on Sep 30, 2026
- Investors: T. Rowe Price, Fidelity Investments and 28 Others
- Latest Funding Round: Series E, Aug 21, 2025, $*****
- Highlight: Editors' Pick
5. Mill
Provider of the smart bin. It offers technology that dries, shrinks, and de-stinks waste into fertilizer.
Key facts about Mill
- Founded Year: 2020
- Location: San Bruno (United States)
- Stage: Series C
- Total Funding till date: $70M
- Employee Count: 537 as on Sep 30, 2026
- Investors: Energy Impact Partners, Prelude Ventures and 11 Others
- Latest Funding Round: Series C, Dec 16, 2025, $*****
- Highlight: Editors' Pick
Pledge Ventures' Year-on-Year Investment Trends
Pledge Ventures has invested in 29 companies over the last 3 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 1 investment. Its most recent first time investment was in Nuro.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 1 | 0 | 1 |
Pledge Ventures' Investments by Stage
Pledge Ventures has made 2 investments in Series C stage with an average round size of $102M and 2 investments in Series E stage with an average round size of $104M.Stage of entry | No. of Investments |
|---|---|
Series C | 2 |
Series E | 2 |
Note: We have considered here, only first round of investments
Pledge Ventures' Investments by Sector
Pledge Ventures has a diverse portfolio, with companies operating in the High Tech, Artificial Intelligence - Industry Applications, Auto Tech, FinTech and Blockchain - Industry Applications. Notably, it has invested in 29 Tech companies, 23 Enterprise (B2B) companies, 15 Software companies and at least 9 companies focusing on AI-Native.Sector | No. of Investments |
|---|---|
High Tech | 3 |
Artificial Intelligence - Industry Applications | 2 |
Auto Tech | 2 |
FinTech | 2 |
Blockchain - Industry Applications | 1 |
Others | 11 |
Note: We have considered here, only first round of investments
Pledge Ventures' Investments by Geography
Pledge Ventures has made most investments in United States (3), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 3 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Pledge Ventures' recent investments
Pledge Ventures has not made any investment in 2026 so far.Here are the most recent investments by Pledge Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 21, 2025 | United States | Series E | 6567 | [+4] | |
Feb 20, 2024 | United States | Series C | 6956 | [+7] | |
Feb 20, 2024 | United States | Series C | 5580 | [+6] | |
Nov 14, 2023 | United Kingdom | Series E | 3211 | [+4] |
Unicorns in Pledge Ventures' Portfolio
Pledge Ventures has 8 unicorns in its portfolio - Nyobolt, N8n, Lovable and others. The most recent unicorn in their portfolio is Nyobolt. It became a unicorn in 2026.Here is a list of unicorns in Pledge Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
55 | Developer of high power integrated energy systems for industrial applications | 2019 | Cambridge | Series C | kwletti | ||
67 | Developer of workflow automation software for building integrated technical processes | 2019 | Berlin | Series C | lmtyyuy | ||
68 | Developer of an AI platform for building applications and websites | 2023 | Stockholm | Series C | eifqxbu | ||
69 | Provider of digital home healthcare and personalized domestic support services | 2015 | Colchester | Series C | imccfs{ | ||
77 | Provider of insurance products and financial services for personal vehicles | 2017 | London | Series C | vnltiaj |
Acquired companies in Pledge Ventures' Portfolio
1 company from Pledge Ventures' portfolio has been acquired. The most recent acquisition was Replicate in Nov 2025 by CloudFlare for $*****.Here are Pledge Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 18, 2025 | - | - | 9799 |
Team profile of Pledge Ventures
Pledge Ventures has a team of 5 members including 3 Partners and 1 Principal located in United Kingdom. Pledge Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Pledge Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | London | - | ||
Partner | London | - | ||
Principal | London | - | - |
Co-investors of Pledge Ventures
Over the past 3 years, 57 investors have co-invested in Pledge Ventures's portfolio companies. This includes funds and angels.
- Invested before Pledge Ventures: Baillie Gifford, Google Ventures and 41 others have invested in rounds before Pledge Ventures. There are 2 companies where Baillie Gifford has invested before Pledge Ventures and 2 companies where Google Ventures has invested before Pledge Ventures.
- Top Co-investors of Pledge Ventures: 14 investors entered a company along with Pledge Ventures. These include investors like TASARU Mobility Investments (2 companies).
Recent News related to Pledge Ventures
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United States Self-Driving Technology Startup Nuro Raised $203 Million in Series E Funding at $6 Billion Valuation, Founded in 2016 by Jiajun Zhu & Dave Ferguson, Investors Include Uber, Baillie Gifford, Icehouse Ventures, Kindred Ventures, NVIDIA, Pledge Ventures, T. Rowe Price Associates, Fidelity Management & Research Company, Tiger Global Management, Greylock Partners & XNCaproasia•Aug 26, 2025•Pledge Ventures, Fidelity Investments, Uber, Kindred Ventures and 7 others
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Nuro closes $203M to propel AI-first self-driving tech, commercial partnershipsThe Robot Report•Aug 21, 2025•XN LP, Fidelity Investments, Nuro, T. Rowe Price and 10 others
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Recogni Raises $102 Million to Advance Next GenAI Inference System for GenAI and Intelligent AutonomyTechCodex•Feb 21, 2024•Recogni, Celesta Capital, GreatPoint Ventures, Mayfield and 8 others
