About Volution
Volution is a venture capital firm founded in 2021. It is primarily based out of London, United Kingdom. As of Jul 2025, Volution is an active investor, having invested in 14 companies, with 1 new investment 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 Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Series B round of Wrisk Overall, Volution portfolio has seen 1 unicorn and 6 acquisitions including key companies like FullCircl, Zopa and Apperio. A lot of funds co-invest with Volution, with names like abrdn sharing a substantial percentage of its portfolio. Volution has team of 10 people including 2 partners.Key Metrics
Volution's List of Top Investments
Volution has a portfolio of 14 companies, one of which is a Unicorn. Their most notable investments are in Habito and Wayhome.Their portfolio spans across and United Kingdom. They have invested in Enterprise Applications, FinTech, Consumer and 5 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Volution:
1. FullCircl
Cloud based customer journey management software. The platform offers software that enables members to implement business policies, and onboard business customers with automated KYC, AML, and credit checks. It provides an overview of customers, including KYC, AML, and credit information. The platform provides access to insights to connect with new prospects and markets. It allows businesses to onboard customers using automated IDV software. It caters its solution to industries such as bank, fintech, insurance, and more.
Key facts about FullCircl
- Founded Year: 2006
- Location: Winnersh (United Kingdom)
- Annual Revenue: £882K as on Dec 31, 2023
- Stage: Acquired
- Total Funding till date: $20.8M
- Employee Count: 95 as on Nov 30, 2022
- Investors: Oak HC/FT, Augmentum Fintech and 43 Others
- Latest Funding Round: Series B, Jun 13, 2019, $*****
- Highlight: Acquired
2. Signal AI
Signal is an AI-powered media monitoring solution for businesses. Through the platform, users can monitor print, online, and broadcast media. It also offers regulatory updates across multiple geographies and business areas. Provides a dashboard which enables users to visualize their collected data & generate insights. Clients include TalkTalk, Quilter, Thomas Cook, Balderton Capital, and Simmons & Simmons.
Key facts about Signal AI
- Founded Year: 2013
- Location: London (United Kingdom)
- Annual Revenue: £19M as on May 31, 2023
- Stage: Series E
- Total Funding till date: $268M
- Employee Count: 233 as on Mar 31, 2026
- Investors: Redline Capital Management, Volution and 32 Others
- Latest Funding Round: Series E, Sep 24, 2025, $*****
- Highlight: Editors' Pick
3. Cognism
Cognism is a solution that allows enterprises to generate and manage leads from social media. The platform allows sales reps to monitor, track and manage leads, and get updates about any news regarding these leads. It also provides a lead scoring and analytics solution. The platform leverages machine learning and natural language processing techniques to analyze news, social media content, and calendar events and use these insights for generating leads.
Key facts about Cognism
- Founded Year: 2016
- Location: London (United Kingdom)
- Annual Revenue: £56.2M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $130M
- Employee Count: 467 as on Mar 31, 2026
- Investors: Blue Cloud Ventures, Viking Global Investors and 37 Others
- Latest Funding Round: Series C, Jan 13, 2022, $*****
- Highlight: Editors' Pick
4. Zopa
Provider of banking services including current accounts, loans, and savings options. It offers a range of financial products designed to help customers manage their money effectively. These products include options for borrowing, saving, and everyday banking needs. The company aims to provide accessible and straightforward financial solutions through its digital platform.
Key facts about Zopa
- Founded Year: 2005
- Location: London (United Kingdom)
- Annual Revenue: £47.6M as on Dec 31, 2018
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $968M
- Employee Count: 979 as on Mar 31, 2026
- Investors: Wellington Partners Venture Capital, SoftBank Vision Fund and 33 Others
- Latest Funding Round: Series H, Dec 06, 2024, $*****
- Highlight: Editors' Pick
5. Apperio
Platform offering legal spend management software. The platform offers software that enables corporate firms to track legal spending at an overall or matter level, in real time. It provides insight into legal spending. Other features include a complete audit trail of spending, customize analytics as per company specific needs, real time alerts to monitor the spending of live projects.
Key facts about Apperio
- Founded Year: 2012
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $22.3M
- Employee Count: 37 as on Dec 31, 2020
- Investors: Draper Esprit, Volution and 52 Others
- Latest Funding Round: Venture Debt, Jan 10, 2023, $*****
- Highlight: Acquired
Volution's Year-on-Year Investment Trends
Volution has invested in 14 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Wrisk and most recent follow-on round was in Habito.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 2 | 1 | 3 |
2022 | 5 | 0 | 5 |
2021 | 1 | 0 | 1 |
Volution's Investments by Stage
Volution has made 3 investments in Series A stage with an average round size of $6.79M, 3 investments in Series B stage with an average round size of $16.9M, 2 investments in Series D stage with an average round size of $27.9M and 1 investment in Series C stage with an average round size of $87.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Series B | 3 |
Series D | 2 |
Series C | 1 |
Note: We have considered here, only first round of investments
Volution's Investments by Sector
Volution has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, Financial Services and Real Estate and Construction Tech. Notably, it has invested in 14 Tech companies, 12 Software companies, 10 Enterprise (B2B) companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
FinTech | 5 |
Consumer | 4 |
Financial Services | 3 |
Real Estate and Construction Tech | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
Volution's Investments by Geography
Volution has made most investments in United Kingdom (9).Volution's recent investments
Volution has not made any investment in 2026 so far.Here are the most recent investments by Volution:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 08, 2025 | United Kingdom | Series B | 6310 | [+2] | |
Jun 02, 2023 | United Kingdom | Series D | 1046 | [+2] | |
Apr 27, 2023 | United Kingdom | Series A | 1275 | [+3] | |
Jan 10, 2023 | United Kingdom | Series A | 7792 | [+3] | |
Nov 15, 2022 | United Kingdom | Series B | 3434 | [+4] |
Unicorns in Volution's Portfolio
Volution has 1 unicorn in its portfolio - Zopa. The most recent unicorn in their portfolio is Zopa which became a unicorn in 2021, 4 years before Volution first invested in it.Here is a list of unicorns in Volution's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Provider of banking services including current accounts, loans, and savings options | 2005 | London | Series H | aqamaca |
Acquired companies in Volution's Portfolio
6 companies from Volution's portfolio have been acquired. The most recent acquisition were Habito in Dec 2025 by Monzo.Here are Volution's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 16, 2025 | Sep 16, 2022 | Series D | 7883 | |
May 05, 2025 | Jan 10, 2023 | Series A | 1394 | |
Oct 30, 2024 | - | - | 2100 | |
Dec 20, 2021 | - | - | 3453 | |
Dec 03, 2021 | - | - | 8654 |
Team profile of Volution
Volution has a team of 10 members including 2 Partners, 1 Venture Partner and 1 Principal located in United Kingdom and China. Volution's team does not sit on the board of any company as of now.Here is a list of all team members in Volution:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | Hong Kong | - | ||
Venture Partner | London | - | ||
Principal | London | - | - |
Co-investors of Volution
Over the past 5 years, 126 investors have co-invested in Volution's portfolio companies. This includes funds and angels.
- Invested before Volution: Andy Phillipps, VentureFounders and 105 others have invested in rounds before Volution. There are 2 companies where Andy Phillipps has invested before Volution and 2 companies where VentureFounders has invested before Volution.
- Top Co-investors of Volution: 17 investors entered a company along with Volution. These include investors like abrdn (1 company).
- Invested after Volution: Battery Ventures (1 company) and Estancia Capital Management (1 company) are the investors which have invested in Volution's portfolio after their investments.
Recent News related to Volution
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Volution Launches $100m UK Fund to Tackle Global Productivity ChallengeFintech Finance•Apr 28, 2025•Volution
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Estancia Capital Partners invests £108m in FlagstonePrivate Equity Wire•Mar 11, 2024•Estancia Capital Management, Flagstone, OMERS, Kindred Capital and 7 others
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Additional Funding and New Habito CEOVolution•Jan 12, 2024•Habito, Augmentum Fintech, SBI Investment, Volution and 1 other
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Online mortgage broker Habito's CEO quitsSifted•Jun 02, 2023•Habito, Augmentum Fintech, SBI Mutual Fund, Volution and 2 others
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Wayhome raises £8 million for part buy, part rent home ownership schemeFinextra•Apr 27, 2023•Wayhome, Allianz X, Augmentum Fintech, Volution and 3 others
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BNP Paribas Joins AccessFintech Series C RoundCrowdfund Insider•Jan 11, 2023•Apperio, Molten Ventures, Notion, IQ Capital and 3 others
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Apperio Raises $7M in Growth FundingFinSMEs•Jan 10, 2023•Apperio, Molten Ventures, Notion, IQ Capital and 4 others
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Digital mortgage broker Habito raises £5mFinextra•Sep 16, 2022•Habito, Augmentum Fintech, SBI Mutual Fund, Volution and 3 others
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Former Currencycloud co-founder Steve Lemon joins Volution as PartnerFintech Finance•Sep 12, 2022•Currencycloud, Volution