Backing repeat founders across Europe & US

We are seed and early investors in breakout companies such as Hopin, Pitch, Relay, Manna, Zapp, Crossbeam, Nothing and Builder AI.

We back repeat founders who are going after incumbents and new markets with a global view, and support them with our founder network.


Relay is a next generation online banking and money management platform for US SMBs; it acts as the financial command center for thousands of customers.

We’re building a challenger bank that helps businesses succeed by offering powerful tools to streamline financial processes.

Relay raises $32.2 million to help smaller businesses

West predicts Relay will reach $100 million in annualized revenue by the second half of 2025.

May 29, 2024

Hopin is a suite of audience engagement tools, including StreamYard, Session, Streamable, "Project C", and of course, Hopin Events.

We have always believed in our mission of bringing people closer together by creating the best possible online experiences.

Virtual events startup Hopin valued at $7.75 billion

“I feel lucky,” he told CNBC in an interview Thursday. “You work really hard, and you make some critical decisions to get.

August 5, 2021

Crossbeam is a collaborative data platform that helps companies build more valuable sales, technology and marketing partnerships.

We don't just power the secure exchange of data — we create value by routing the data to the systems where work gets done.

Crossbeam announces acquisition of Partnered

Combining Partnered with the Crossbeam platform and their network of 8,500 companies.

May 19, 2022

Pitch combines the best parts of productivity, design, and presentation software to help fast-moving teams collaborate and create beautifully designed decks in minutes.

We're focused on building the fastest and most delightful experience for teams to create, collaborate on and share presentations.

Pitch tops the European B2B tech soonicorns list

Pitch has taken the top spot in the ranking of 100 VC-backed, B2B European “soonicorns”.

June 22, 2022

Builder’s platform streamlines outsourced software and app development using a library of building blocks and AI, democratizing software development.

Businesses need to adapt to survive… We make it easy and affordable for businesses to amplify their digital presence.

‍Builder raises $100M Series C led by Insight to scale up software automation

Revenue is up 300% and users can now build apps up to 6x faster and 70% cheaper.

March 30, 2022

Nothing is building the next-generation of consumer electronics; they started with Ear (1) and recently launched Phone (1) & Ear (2). More products to come.

As a whole, consumer tech is quite boring. We have a lot of products in the pipeline. This market is really screaming for differentiation.

Smartphone Startup Nothing Raises $100 Million To Build The Apple Of Android

"We’ve never been better positioned to realize our vision to make tech fun again."

June 28, 2023

Oleria stands in stark contrast to static access solutions, providing adaptive and autonomous access control that scales with businesses.

Security should be adaptive to your organization and sensitive to every context.

Access management startup Oleria lands $33M in funding

"Access to apps and data is insecure and complex to govern, as well as placing unnecessary obstacles in the way of employees."

January 19, 2024

Manna are building consumer drone delivery infrastructure for urban settings. They allow companies to fully outsource a "delivery by drone" option for their customers.

Drone delivery is the way you get things delivered there. It’s not some toy, it’s not some project, it’s literally: I want a coffee.

Manna Targets US and Europe for Drone Service Expansion

Manna Aero is planning further expansion, targeting the US and announcing plans to move into Europe in 2023.

August 10, 2022

Sustain.Life is carbon accounting and sustainability management for every business.

We need tools that enable more people and organizations to take meaningful climate action—and we need them quickly.

Sustain.Life, Founded by & Walmart Executives, Raises $16M

Sustain.Life has attracted high-profile brand customers across a broad range of industries.

May 16, 2022

Cloudsmith is a package manager built for the next generation of software infrastructure; focused on securing software's “logistics supply chain”.

We believe that the concept of provenance will play a defining role in the future of software security and quality.

Software supply chain platform Cloudsmith raises $15M Series A

Cloudsmith raised a $15 million Series A led by Tiger Global, which is the largest Series A funding round in Northern Ireland since 2005.

September 22, 2021

Ladder is an app for strength training for people who are serious about fitness.

Every feature of the Ladder app has been created to help members stay consistent. We want our members to be excited to work out.

Strength Training App Ladder pulls up $12M Series A for Remote Workouts

Designed for those who crave the benefits of a PT without the hefty price tag, Ladder makes it easy to plan workouts and stay on track.

December 6, 2023

Standard have created the leading independent software platform for retailers to deploy autonomous cashier-less checkout tech.

Standard AI
We are really on the precipice of unleashing this on the world. When the technology is mature... it will be everywhere.

Amazon Go Rival Bets On Case for Cashierless Stores

Standard Cognition has signed on Circle K as a customer and aims to have its technology in at least 100 locations by year-end.

February 17, 2021

MetaMap provides KYC/AML workflows from biometrics scanning to credit checks; enabling companies to more readily trust and transact with their customers.  

Privacy is not about being anonymous or hidden. It’s about controlling your data, turning strangers into trustworthy users.

Digital Trust Platform MetaMap Raises $70M

MetaMap, formerly known as Mati, says it plans to put its flagship tech hub in India, boosting its staffing in that country from 30 to 150.

December 28, 2021

Grafbase is an edge-first database and compute platform that enables developers to go from an idea to a serverless GraphQL backend in seconds.

Our mission is to dramatically simplify and accelerate the development of GraphQL backends.

Grafbase Raises a $7.3M Seed Round

Founded by former CTO of The RealReal, Grafbase is a data platform that accelerates backend deployment via GraphQL APIs.

October 25, 2022

Black Crow AI provides actionable machine learning for e-commerce by predicting user value, intent and decisions in real-time.

Black Crow
We think this is the next huge opportunity in machine learning and AI — mass-market adoption and mass customization.

Black Crow AI raises $25M

More than 225 companies have Black Crow’s integration — which has generated over 1 billion predictions per month.

March 31, 2022

Loctax is a collaborative tax management platform for multinational companies; allowing for “git” like collaboration on projects with multiple internal team stakeholders.

Most fast-scaling companies deny themselves the opportunity to empower their internal functions and capture strategic tax data value.

Loctax Raises $12 million in Round Backed by Index Ventures

The Series A was also backed by Cavalry Ventures and investors Tapestry VC and Seedcamp.

September 21, 2022

Northflank is a full-stack cloud platform that serves millions of developer requests monthly; enabling developers to manage and automate the entire DevOps stack.

Seamlessly build, deploy and scale your code, jobs and databases. Operate your infrastructure in real-time with Northflank’s UI, API & CLI.

Northflank create end-to-end DevOps workflow in cloud

Northflank, a startup from a couple of guys in their 20s, is a full-stack DevOps platform.

July 7, 2020

Flox is a multi-platform and reproducible environment manager powered by Nix.

Nix is an incredibly powerful technology and we want to bring it to the global stage.

Flox raises $27M to bring Nix to more developers

The company today announced that it has raised a $16.5 million Series A round led by New Enterprise Associates.

February 7, 2023

Feathery offers embedded form infrastructure for the modern web. Empowering product teams to build best-in-class forms and user journeys.

I discovered that the most popular form builders on the market, while easy to use, aren’t very customizable or extensible.

Announcing Feathery

We're excited to announce that Feathery, the platform for building powerful forms, is open for public access.

July 19, 2022

Mozart Data is the easiest way to set up a modern data stack by providing an abstraction across data infrastructure for custom tooling.

Mozart Data
We’re empowering customers of all technical levels to build best-in-class data stacks in under an hour.

Mozart Data raises $15M to help startups spin up a data stack

The company reports that since raising its seed capital in 2020, ARR has grown a hefty 500%.

April 27, 2022

Pex is the leading media identification and monetization layer for online video indexing 100% of publicly available audio and video content.

Pex is being used by the largest rightsholders, but is accessible to anyone who doesn’t have the resources to police all content online.

Tencent Backs Digital Rights Startup Pex in $57M Round

Pex, a startup aiming to give rightsholders more control over how their content is used.

February 16, 2021

Zapp offers ‘instant’ on-demand delivery for convenience store items in Europe, delivering items in minutes from hyper-localized urban fulfilment centers, 24/7.

We’re relentlessly focused on delighting our customers... bringing Zapp to millions of customers in London and beyond.

Zapp Raises $200M to Open New Front In Fast Delivery

London startup has raised over $300M from investors betting on its focus on convenience and unit economics.

January 28, 2022

Tracebit generates and maintains tailored canary resources in your cloud environments.

Our mission at Tracebit is to accelerate the mass adoption of threat deception for enterprises everywhere.

Tracebit raises $5M for turnkey threat deception tech

Our mission at Tracebit is to accelerate the mass adoption of threat deception for enterprises everywhere.

July 9, 2024

Hour One is a provider of synthetic characters based on real people. The platform generates character IP for lifelike digital video and audio on-demand.

Hour One
We believe that synthetic characters of real people will become a part of our everyday life.

Hour One Raises $20M in Series A Funding

Hour One will use the funds to further enhance and streamline the process of becoming a virtual human on the platform.

April 15, 2022
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Patrick Murphy

Patrick Murphy
We will never know the counterfactual. I try to help our founders with objective inputs to their decisions, from our own experience and our network’s.

Patrick previously started and ran a VC fund for Universal Music Group, which had invested in Spotify, Shazam, Uber, TikTok, Houseparty, Stance and more.

He is an avid sea swimmer and coffee sipper when at home in San Francisco, and prefers running and reading when on the road in Europe or New York.

Patrick Murphy

Patrick Murphy

SF + London

David Kelly

David Kelly
I’m much more excited by an individual than an idea. Both can change, but only great people can turn around bad ideas. I focus on the jockey, not the horse.

David co-founded tech events business Web Summit, and helped it grow to host some of the world’s largest startup gatherings. He resigned from Web Summit in March 2021.

David is an active father of three, and splits his time between Dublin and Lisbon, when not crisscrossing Europe’s other capital cities to meet with founders.

David Kelly

David Kelly


Audrey Miller

Audrey Miller
Great teams are like a great jazz band - they can finish each others’ sentences, they know the destination not the journey, and anyone who sees them wants to be a part of what they are building.

Audrey Miller

Audrey Miller

London + SF

Alex Mackenzie

Alex Mackenzie
Wolfgang Pauli's "not even wrong" is a framework I apply to every investment. What are you doing that many will disagree with but that some users will love?

Nix, Containers Without Containers

In this post we unpack the build system and package manager Nix.

May 2023
Alex Mackenzie
Alex Mackenzie

Alex Mackenzie

London + Dublin


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