About Scalar North Capital
Scalar North Capital is a venture capital firm founded in 2015. It is primarily based out of London, United Kingdom. As of Mar 2023, Scalar North Capital has invested in 5 companies. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and FinTech. Most recently it participated in the $***** Seed round of Connectd A lot of funds co-invest with Scalar North Capital, with names like Nigel Wray sharing a substantial percentage of its portfolio. Scalar North Capital has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Locations
Rounds of Entry
Seed
Scalar North Capital's List of All Investments
Scalar North Capital has a portfolio of 5 companies. Their most notable investments are in Connectd and Connectd.Their portfolio spans across and United Kingdom. They have invested in Retail, Consumer, FinTech and 9 other sectors, across stages such as Seed stage. Here is the list of all investments by Scalar North Capital:
1. Hometree
Provider of an online platform for home insurance. It offers coverage for landlords, multi-property, gas fire protection, gas boiler, central heating, fuel, and controls. It also offers claims and emergency services. Company helps homeowners transition to low carbon living by installing and financing new low-carbon solutions like heat pumps, solar panels, and batteries.
Key facts about Hometree
- Founded Year: 2016
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $268M
- Employee Count: 128 as on May 31, 2026
- Investors: FJ Labs, Frontline Ventures and 58 Others
- Latest Funding Round: Conventional Debt, Oct 17, 2024, $*****
- Highlight: Editors' Pick
2. Connectd
Platform for founders, advisors, and investors to make and manage connections. It offers tools that enable founders to create a set of progress reporting metrics to ensure investors are kept up-to-date, and investors can target opportunities for deals through the power of data.
Key facts about Connectd
- Founded Year: 2019
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $15.7M
- Employee Count: 69 as on Mar 31, 2025
- Investors: Syndicate Room, Scalar North Capital and 46 Others
- Latest Funding Round: Series A, Jul 22, 2025, $*****
3. KeyNest
Provider of key management solutions for various sectors. This includes a network of secure key storage locations for convenient key exchange and retrieval, as well as software for tracking keys within businesses. The solutions cater to Airbnb hosts, property managers, estate agents, hotels, and other businesses needing secure and efficient key management. The software offers features for tracking keys and managing access. The key storage network provides 24/7 access to keys for authorized individuals.
Key facts about KeyNest
- Founded Year: 2015
- Location: London (United Kingdom)
- Annual Revenue: £0 - £1M as on Feb 28, 2018
- Stage: Seed
- Employee Count: 8 as on Feb 28, 2025
- Investors: Scalar North Capital, Inseed and 1 Other
- Latest Funding Round: Seed, Nov 08, 2017, $*****
- Highlight: Editors' Pick
4. Falcon DHQ
FalconDHQ provides a mobile and desktop compatible app that connects company staff. The platform allows the user to have a real-time view of the security company by offering real-time situation and workforce management live insights and historical geo-located data. Features include real-time incident feed, geo-fenced patrol monitoring, geo-location staff sign-in, live capacity visuals, automated compliance and invoice and payroll.
Key facts about Falcon DHQ
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Seed
- Employee Count: 2 as on May 31, 2021
- Investors: Scalar North Capital, Growth Strategy and 2 Others
- Latest Funding Round: Seed, Jan 12, 2017, $*****
5. Fit Kit
Key facts about Fit Kit
- Founded Year: 2016
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $255K
- Employee Count: 6 as on May 31, 2026
- Investors: Scalar North Capital, Seedrs and 1 Other
- Latest Funding Round: Seed, Jun 06, 2019, $*****
Scalar North Capital's Year-on-Year Investment Trends
Scalar North Capital has invested in 5 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Connectd and most recent follow-on round was in Connectd.Scalar North Capital's Investments by Stage
Scalar North Capital has made 2 investments in Seed stage with an average round size of $1.57M.Scalar North Capital's Investments by Sector
Scalar North Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Media & Entertainment and Real Estate and Construction Tech. Notably, it has invested in 5 Tech companies, 4 Enterprise (B2B) companies, 2 Software companies and 1 company focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 1 |
Enterprise Applications | 1 |
FinTech | 1 |
Media & Entertainment | 1 |
Real Estate and Construction Tech | 1 |
Note: We have considered here, only first round of investments
Scalar North Capital's Investments by Geography
Scalar North Capital has made most investments in United Kingdom (2).Scalar North Capital's recent investments
Scalar North Capital has not made any investment in 2026 so far.Here are the most recent investments by Scalar North Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 13, 2023 | United Kingdom | Seed | 4072 | [+6] | |
Aug 02, 2021 | United Kingdom | Seed | 5487 | [+3] | |
Nov 08, 2017 | United Kingdom | Seed | 4035 |
Team profile of Scalar North Capital
Scalar North Capital has a team of 4 members including 3 Partners located in United Kingdom. Scalar North Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Scalar North Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | - | |
Partner | London | - | - | |
Partner | - | - | - |
Co-investors of Scalar North Capital
Over the past 9 years, 17 investors have co-invested in Scalar North Capital's portfolio companies. This includes funds and angels.
- Top Co-investors of Scalar North Capital: 5 investors entered a company along with Scalar North Capital. These include investors like Nigel Wray (1 company).
- Invested after Scalar North Capital: A total of 12 investors have invested in Scalar North Capital's portfolio after their investments. Top Investors include Rob Wilmot (1 company), Jonas Ankersen (1 company) and Dejan Subosic (1 company).
Recent News related to Scalar North Capital
•
Adcentrx raises funds to advance ADCs into clinical developmentPharmaceutical Technology•Apr 26, 2023•Adcentrx Therapeutics, Lighthouse, Scalar North Capital, Eight Roads Ventures and 4 others
•
Connectd raises £2.2m to match startups with investorsUKTN•Mar 13, 2023•Connectd, Scalar North Capital, Blue Lake, Arch Law and 9 others
•
London-based Snap It snaps up €2.4 million to give tradespeople on-demand deliveryEU-Startups•Oct 06, 2022•Snap-It, Force Over Mass, Scalar North Capital, Snap and 2 others
•
UK-based Connectd lands +€840K seed round to ‘break down barriers’ for investors and startupsEU-Startups•Aug 02, 2021•Connectd, Scalar North Capital, Connectd, LiFE Ventures and 2 others
•
