About Santander InnoVentures
Santander InnoVentures is a venture capital firm founded in 2014. It is primarily based out of London, United Kingdom. As of Jan 2024, Santander InnoVentures has invested in 8 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series A round of Enline Overall, Santander InnoVentures portfolio has seen 1 unicorn and 2 acquisitions, namely Visible Alpha, Creditas and MyCheck. A lot of funds co-invest with Santander InnoVentures, with names like Goldman Sachs sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 2 more
Portfolio Acquisitions
Portfolio Unicorns
Santander InnoVentures' List of Top Investments
Santander InnoVentures has a portfolio of 8 companies, one of which is a Unicorn. Their most notable investments are in Blueprint Title and Edgify.Their portfolio spans across United States, Brazil, Israel and 2 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 12 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Santander InnoVentures:
1. Ripple
Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody. The company offers payments, custody, and stablecoin solutions. These solutions enable the integration of blockchain and digital assets. The company aims to provide a simple, secure, and compliant way to modernize financial infrastructure.
Key facts about Ripple
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $853M
- Employee Count: 2,102 as on Apr 30, 2026
- Investors: 2020 Ventures, 27th Street Capital and 104 Others
- Latest Funding Round: Conventional Debt, May 11, 2026, $*****
- Highlight: Editors' Pick
Provider of financial datasets for institutional investors. It optimizes the buy-side investment research process by extracting insights from key sell-side assets. It also includes comparable forecast models and financial data from equity analysts. The research data includes statements, balance sheets, cash flow statements, product-level sales, pricing and margins, segmented financial forecasts, geographic breakdowns, operation metrics, and expense models.
Key facts about Visible Alpha
- Founded Year: 2012
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $68M
- Employee Count: 244 as on May 31, 2026
- Investors: HSBC, Morgan Stanley and 12 Others
- Latest Funding Round: Series B, Mar 22, 2018, $*****
- Highlight: Acquired
3. Decent
Decent provides an online health insurance comparison platform for individuals and employers. It also offers quotes for self-employed professionals. It also offers coverage for tests and preventive care services. It also offers claims processing and settlement services.
Key facts about Decent
- Founded Year: 2018
- Location: Sausalito (United States)
- Stage: Series A
- Total Funding till date: $18M
- Employee Count: 152 as on May 31, 2026
- Investors: Menlo Ventures, Maverick Ventures and 49 Others
- Latest Funding Round: Series A, Sep 09, 2020, $*****
- Highlight: Editors' Pick
4. Creditas
Creditas is an online platform for asset-backed loans. Users can use a property or vehicle as collateral to get secured loans. Users can make a loan request and receive a personalized loan proposal. The rates of the loan with property in the guarantee are from 0.99% per month, and the rates of a loan with the vehicle under guarantee are from 1.59% per month.
Key facts about Creditas
_1568111641707.png?format=webp&height=120&width=120){kind=logo}
5. Edgify
Developer of AI retail solutions for loss prevention and process improvement. The system integrates with existing hardware and software to identify unscanned items. It detects barcode switching and non-scans at checkout. The AI also recognizes barcodeless items to streamline self-checkout processes. The system aims to improve operational efficiency and customer satisfaction in retail environments.
Key facts about Edgify
- Founded Year: 2014
- Location: United Kingdom
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $17.9M
- Employee Count: 40 as on May 31, 2026
- Investors: Mangrove Capital Partners, Mouro Capital and 9 Others
- Latest Funding Round: Seed, Oct 12, 2020, $*****
- Highlight: Editors' Pick
Santander InnoVentures' Year-on-Year Investment Trends
Santander InnoVentures has invested in 8 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Enline and most recent follow-on round was in Creditas.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 1 | 0 | 1 |
2019 | 1 | 1 | 2 |
2018 | 2 | 0 | 2 |
2017 | 1 | 0 | 1 |
Santander InnoVentures' Investments by Stage
Santander InnoVentures has made 4 investments in Series A stage with an average round size of $6.58M, 2 investments in Series B stage with an average round size of $21.5M, 1 investment in Seed stage and 1 investment in Series C stage with an average round size of $5M.Stage of entry | No. of Investments |
|---|---|
Series A | 4 |
Series B | 2 |
Seed | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Santander InnoVentures' Investments by Sector
Santander InnoVentures has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Vertical SaaS, Blockchain - Industry Applications and High Tech. Notably, it has invested in 8 Tech companies, 6 Enterprise (B2B) companies, 4 Software companies and at least 3 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
FinTech | 5 |
Enterprise Applications | 4 |
Vertical SaaS | 3 |
Blockchain - Industry Applications | 2 |
High Tech | 2 |
Others | 15 |
Note: We have considered here, only first round of investments
Santander InnoVentures' Investments by Geography
Santander InnoVentures has made most investments in United States (4), followed by Brazil where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 4 |
Brazil | 1 |
Israel | 1 |
Portugal | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Santander InnoVentures' recent investments
Santander InnoVentures has not made any investment in 2026 so far.Here are the most recent investments by Santander InnoVentures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 17, 2024 | Portugal | Series A | 9123 | [+1] | |
Sep 09, 2020 | United States | Series A | 1768 | [+15] | |
Jun 05, 2019 | Brazil | Series D | 2984 | [+3] | |
2019 | United States | Series A | 4880 | [+3] | |
Apr 17, 2018 | Brazil | Series C | 6617 | [+1] |
Unicorns in Santander InnoVentures' Portfolio
Santander InnoVentures has 1 unicorn in its portfolio - Creditas. The most recent unicorn in their portfolio is Creditas which became a unicorn in 2021, 2 years after Santander InnoVentures first invested in it.Here is a list of unicorns in Santander InnoVentures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
53 | Online platform for asset-backed loans | 2012 | - | Series E | szdcdsj |
Acquired companies in Santander InnoVentures' Portfolio
2 companies from Santander InnoVentures' portfolio have been acquired. The most recent acquisition was Visible Alpha in Feb 2024 by S&P Global for $*****.Here are Santander InnoVentures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 20, 2024 | Jan 18, 2018 | Series B | 4255 | |
May 27, 2019 | Mar 29, 2015 | Series B | 5050 |
Co-investors of Santander InnoVentures
Over the past 11 years, 119 investors have co-invested in Santander InnoVentures's portfolio companies. This includes funds and angels.
- Invested before Santander InnoVentures: Core Innovation Capital, Camp One Ventures and 69 others have invested in rounds before Santander InnoVentures. There are 2 companies where Core Innovation Capital has invested before Santander InnoVentures and 1 company where Camp One Ventures has invested before Santander InnoVentures.
- Top Co-investors of Santander InnoVentures: 20 investors entered a company along with Santander InnoVentures. These include investors like Goldman Sachs (1 company).
- Invested after Santander InnoVentures: A total of 28 investors have invested in Santander InnoVentures's portfolio after their investments. Top Investors include Mouro Capital (1 company), Tetragon (1 company) and SBI Investment (1 company).
Recent News related to Santander InnoVentures
•
The Energytech Enint obtains € 3.5m to reinforce its presence in Portugal and internationalizeEl Referente•Jan 17, 2024•Enline, EIT InnoEnergy, Criteria Venture Tech, CriteriaCaixa and 9 others
•
Uncapped picks up another $26M to offer revenue-based finance to European entrepreneursTechCrunch+•Sep 23, 2020•Uncapped, Mouro Capital, Global Founders Capital, Seedcamp and 3 others
•
Santander to Divest $400M Fintech Venture FundCoinspeaker•Sep 11, 2020•Santander, Mouro Capital, Santander InnoVentures, Santander and 1 other
•
Austin insurance startup Decent raises $10M for growthStatesman•Sep 09, 2020•QED Investors, Decent, Vulcan, Asset Management Ventures and 15 others
•
Mosaic, Santander in funding round for BonifyUnquote•Aug 25, 2020•Mosaic Ventures, Santander InnoVentures, Bonify, Experian and 1 other
•
Upgrade scores $40m Series DVCJ•Jun 17, 2020•Upgrade, Santander InnoVentures, Union Square Ventures, Ribbit Capital and 9 others
•
•
Tandem Bank’s chief product officer has joined Santander InnoVenturesTechCrunch+•Feb 13, 2020•Tandem, Santander InnoVentures
•
Roostify Raises Funding Round led by Santander InnoVenturesFinSMEs•Oct 22, 2019•Roostify, Santander InnoVentures, Colchis Capital Management, JPMorgan Chase and 2 others
•
Berlin-based fintech CrossLend raises €35 million in funding from Santander InnoventuresEU-Startups•Oct 16, 2019•CrossLend, Santander InnoVentures, Lakestar, Abn Amro and 3 others
