About Tribal
Tribal is a venture capital firm founded in 2013. It is primarily based out of Dublin, Ireland. As of Dec 2025, Tribal is an active investor, having invested in 26 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Ireland 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 $***** Seed round of Waste Start Overall, Tribal portfolio has seen 1 unicorn and 8 acquisitions including key companies like Intercom, NewsWhip and Glofox. A lot of funds co-invest with Tribal, with names like Enterprise Ireland sharing a substantial percentage of its portfolio. Tribal has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Tribal's List of Top Investments
Tribal has a portfolio of 26 companies, one of which is a Unicorn. Their most notable investments are in Glofox and GreyScout.Their portfolio spans across Ireland, United States and United Kingdom. They have invested in Enterprise Applications, High Tech, Consumer and 14 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Tribal:
1. Intercom
Provider of a customer service and support platform offering AI-powered solutions for managing customer interactions. It is a customer service platform that uses AI-powered technology to help businesses deliver personalized and automated support experiences. The platform offers various tools and features, including a helpdesk, AI Agent, and REST API, to streamline customer interactions and improve customer satisfaction.
Key facts about Intercom
- Founded Year: 2011
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $242M
- Employee Count: 1,229 as on May 31, 2026
- Investors: Sprout Capital Partners, Founders Circle Capital and 41 Others
- Latest Funding Round: Conventional Debt, Mar 09, 2026, $*****
- Highlight: Editors' Pick
2. NewsWhip
Social analytics tool to discover content and trending topics. It is a social analytics tool that tracks tweets, shares, and comments of the content including news sites, Reddit, blogs, and YouTube. It enables users to know what stories are resonating most at any given time. Its flagship product is NewsWhip Spike, which lets users filter popular content by location, topic, source, keywords and more. It is used by publishers, brand marketers, communications and PR firms and many others to connect with their audiences each day.
Key facts about NewsWhip
3. GridBeyond
Provider of software for managing distributed energy resources and assets. This technology platform enables the monitoring and control of flexible energy loads, generation equipment, and storage systems. It facilitates participation in grid balancing services and electricity markets by optimizing the dispatch of connected resources. The system processes data points to manage energy consumption and production, supporting the integration of renewable generation and industrial demand response.
Key facts about GridBeyond
- Founded Year: 2007
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2018
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $89.9M
- Employee Count: 142 as on May 31, 2026
- Investors: Triodos Investment Management, Tribal and 41 Others
- Latest Funding Round: Series C, Mar 16, 2026, $*****
- Highlight: Editors' Pick
4. Payslip
Cloud-based HRMS platform for payroll management. It offers solutions for reporting, automated workflow, in-system authorization, global payroll dashboards, and employee self-service. Offers solutions to manage employees' personal data that comply with general data protection regulations. Also enables HR to manage payroll vendors across countries on a unified platform. The platform can be integrated with different accounting & HR software such as SAP, Workday and Netsuite HR.
Key facts about Payslip
- Founded Year: 2016
- Location: Mayo (Ireland)
- Stage: Series A
- Total Funding till date: $14.8M
- Employee Count: 101 as on May 31, 2026
- Investors: MiddleGame Ventures, Frontline Ventures and 8 Others
- Latest Funding Round: Series A, May 28, 2026, $*****
- Highlight: Editors' Pick
5. Glofox
Provider of gym and studio management software and custom mobile apps. It enables users to manage exercise classes, revenue, customer retention, and others. For fitness members, the app enables them to view timetables and book classes, make payments and receive real-time club information.
Key facts about Glofox
- Founded Year: 2014
- Location: Dublin (Ireland)
- Stage: Acquired
- Total Funding till date: $23M
- Employee Count: 137 as on Mar 31, 2026
- Investors: Partech Partners, Tribal and 8 Others
- Latest Funding Round: Series A, Apr 28, 2020, $*****
- Highlight: Acquired
Tribal's Year-on-Year Investment Trends
Tribal has invested in 26 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Waste Start and most recent follow-on round was in Payslip.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 0 | 1 | 1 |
2020 | 0 | 1 | 1 |
2019 | 0 | 2 | 2 |
2018 | 2 | 0 | 2 |
2017 | 1 | 1 | 2 |
Tribal's Investments by Stage
Tribal has made 10 investments in Seed stage with an average round size of $1.27M and 3 investments in Series A stage with an average round size of $9.76M.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 3 |
Note: We have considered here, only first round of investments
Tribal's Investments by Sector
Tribal has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Consumer, Environment Tech and FinTech. Notably, it has invested in 23 Tech companies, 21 Enterprise (B2B) companies, 20 Software companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
Vertical SaaS | 4 |
Consumer | 2 |
Environment Tech | 2 |
FinTech | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
Tribal's Investments by Geography
Tribal has made most investments in Ireland (12), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
Ireland | 12 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Tribal's recent investments
Tribal has not made any investment in 2026 so far.Here are the most recent investments by Tribal:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 03, 2025 | Ireland | Seed | 3061 | ||
Nov 09, 2023 | Ireland | Seed | 4134 | [+3] | |
Jun 22, 2022 | Ireland | Series A | 1908 | [+6] | |
May 18, 2021 | Ireland | Series A | 6545 | [+3] | |
Dec 09, 2020 | Ireland | Series B | 3475 |
Unicorns in Tribal's Portfolio
Tribal has 1 unicorn in its portfolio - Intercom. The most recent unicorn in their portfolio is Intercom which became a unicorn in 2018, 8 years before Tribal first invested in it.Here is a list of unicorns in Tribal's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
80 | Provider of a customer service and support platform offering AI-powered solutions for managing customer interactions | 2011 | San Francisco | Series D | w{bltsj |
Acquired companies in Tribal's Portfolio
8 companies from Tribal's portfolio have been acquired. The most recent acquisition was NewsWhip in Jul 2025 by Sprout Social for $*****.Here are Tribal's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 31, 2025 | May 28, 2015 | Seed | 6880 | |
May 29, 2025 | May 01, 2016 | Seed | 2833 | |
May 20, 2025 | - | - | 7500 | |
Nov 29, 2023 | - | - | 8668 | |
Aug 02, 2022 | Mar 24, 2017 | Series A | 5954 |
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Team profile of Tribal
Tribal has a team of 2 members including 2 Partners located in United Kingdom and Ireland. Tribal's team does not sit on the board of any company as of now.Co-investors of Tribal
Over the past 12 years, 92 investors have co-invested in Tribal's portfolio companies. This includes funds and angels.
- Invested before Tribal: Enterprise Ireland, NDRC and 35 others have invested in rounds before Tribal. There are 6 companies where Enterprise Ireland has invested before Tribal and 3 companies where NDRC has invested before Tribal.
- Top Co-investors of Tribal: 27 investors entered a company along with Tribal. These include investors like Enterprise Ireland (4 companies).
- Invested after Tribal: A total of 28 investors have invested in Tribal's portfolio after their investments. Top Investors include Europa (1 company), DELV (1 company) and AshGrove Capital (1 company).
Recent News related to Tribal
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Corporate gifting platform &Open raises €24.7m in Series A funding roundThe Irish Times•Jun 22, 2022•&Open, Molten Ventures, First Round Capital, LocalGlobe and 6 others
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Conjura Finalizes €15M Series A to “Pioneer” Future of Digital Commerce with AI enhanced AnalyticsCrowdfund Insider•Apr 28, 2022•Act Venture Capital, MiddleGame Ventures, Tribal, Wayflyer and 4 others
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Clarity CX1 raises €1.6m in funding to grow its teamOpera News•Apr 07, 2022•ClarityCX1, DBIC Ventures, Halo Business Angel Network, Enterprise Ireland and 2 others
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Irish AI firm Brightflag raises extra €23m in fundingThe Irish Times•Dec 09, 2020•Brightflag, One Peak, Sands Capital, Frontline Ventures and 2 others
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Glofox Raises $10M in Additional FundingFinSMEs•Apr 28, 2020•Glofox, Octopus Ventures, Notion, SVB and 5 others
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Glofox lands $10 million Series A round for its gym management softwareTech.eu•May 14, 2019•Glofox, Octopus Ventures, PAR Technology Corp, Notion and 1 other
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Westport-based Payslip Secures €1 Million Investment With Leading Technology Investors Industry and Business•Mar 07, 2018•Payslip, Frontline Ventures, AIB Bank, Tribal and 2 others
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AIB joins EUR1 million funding round in payroll management startup PayslipFinextra•Feb 28, 2018•Payslip, Frontline Ventures, AIB Bank, Tribal and 3 others
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NewsWhip Raises $6.4M in Series A FundingFinSMEs•Feb 20, 2017•NewsWhip, Tribal, The Associated Press, Asahi Shimbun and 4 others
