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1. TRACXN TOP BUSINESS MODELS REPORT
March 17, 2021
UK & IRELAND TECH

2. UK & Ireland Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
UK & IrelandUK & Ireland Tech Funding -
Overview
3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. UK & Ireland Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Funding in last 1 year
3
Logistics Tech $1.6B
Payments $1.5B
Cybersecurity $1.3B
Investment Tech $1.2B
Banking Tech $1.2B
Internet First Insurance Platforms $882M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Enterprise Ireland
Mercia
Y Combinator
21
20
19
Early
Stage
Business Growth Fund
Octopus Ventures
Mercia
18
16
15
Late
Stage
General Catalyst Partners
Draper Esprit
Accel
7
6
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Crossbay
(2020, )
$734M - Series D
eToro
(2007, )
$650M - Series F
Deliveroo
(2013, )
$636M - Series G
Ki insurance
(2020, )
$500M - Series D
Checkout.com
(2012, )
$450M - Series C
Infobip
(2006, )
$403M - Series A
OneWeb
(2012, )
$400M - Series E
Hopin
(2019, )
$400M - Series C
Starling Bank
(2014, )
$376M - Series D
Molo
(2017, )
$344M - Series A
Sweep
(2017, )
$329M - Seed
TransferWise
(2010, )
$319M - Series F
London (78%)
Oxford (4%)
Dublin (3%)
Cambridge (3%)
Manchester (2%)
Others (11%)

4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
UK & Ireland Tech - Top Funded Business Models - last 1 year
(1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲8 Payment Card Issuer Processors $838M 7 Checkout.com | $450M | Series C Link
2<> 0 Food Delivery $816M 2 Deliveroo | $636M | Series G Link
3<> 0 Online Food Delivery $816M 2 Deliveroo | $636M | Series G Link
4--
Logistics Tech > Parcel > Technology Enablers >
Delivery Management > Last Mile
$734M 1 Crossbay | $734M | Series D Link
5--
Investment Tech > Online Trading Platforms >
Stocks > Social Trading
$650M 1 eToro | $650M | Series F Link
6▲347 Virtual Events $566M 4 Hopin | $400M | Series C Link
7▲4 Cyber Vulnerability Assessment Platforms $500M 2 Snyk | $300M | Series E Link
8▲2 Security Testing $500M 2 Snyk | $300M | Series E Link
9▲44 Online Second Hand Car Dealers $458M 3 Cazoo | $311M | Series E Link
10▼9 Satellite Communication Services $450M 3 OneWeb | $400M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
UK & Ireland Tech - Top Funded Business Models - last 1 year
(2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11-- Customer Success Management > CPaaS $403M 1 Infobip | $403M | Series A Link
12▼7 Data Privacy Management Platforms $402M 5 OneTrust | $300M | Series C Link
13▼7 Cybersecurity > Data Security > Data Privacy $399M 4 OneTrust | $300M | Series C Link
14-- Corporate Travel $329M 2 Sweep | $329M | Seed Link
15▼11 P2P Bank Remittance $329M 3 TransferWise | $319M | Series F Link
16-- Patent Analytics & Management $300M 1 PatSnap | $300M | Series E Link
17▲27 High-Throughput DNA Sequencing Instruments $170M 2 Nanopore | $110M | Series G Link
18▲27 Nanopore Sequencing $170M 2 Nanopore | $110M | Series G Link
19▲40 Usage Based Auto Insurance $169M 3 Zego | $150M | Series C Link
20▲9 Cheminformatics for Drug Discovery $160M 3 Exscientia | $100M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
UK & Ireland Tech - Top Funded Business Models - last 1 year
(3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲63
Internet First Insurance Platforms > Internet First
Insurers > P&C > Auto > Usage-based > On ..
$150M 1 Zego | $150M | Series C Link
22-- Inflammatory Diseases Drugs $143M 3 NodThera | $55.0M | Series B Link
23-- Cryptocurrencies > Financial Services > Diversified $141M 6 Blockchain | $120M | Series C Link
24▼10 KYC Solutions $127M 4 Onfido | $105M | Series D Link
25▲26 Diversified Diagnostics > Tests $125M 5 LetsGetChecked | $71.1M | Series C Link
26▼13
Life Sciences Platforms and Tools > Research
Services
$123M 18 Bit bio | $41.5M | Series A Link
27▲34 Life Sciences Platforms and Tools > Diversified $122M 3 Rapid Micro B.. | $120M | Series E Link
28▼7 Unified Identity and Access Management $121M 1 Auth0 | $121M | Series F Link
29▼7 PaaS > BaaS > Identity & Access $121M 1 Auth0 | $121M | Series F Link
30-- Blockchain Explorer $120M 1 Blockchain | $120M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
UK & Ireland Tech - Top Funded Business Models - last 1 year
(4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▼11
Electric Vehicles > Automaker > Commercial
Vehicles > Multi Category Commercial Vehicles
$118M 1 Arrival | $118M | Series D Link
32-- Subscription Accounting $108M 2 GoCardless | $105M | Series F Link
33-- Residential Real Estate Listings $107M 3 EMPG | $100M | Series D Link
34▲734
Online Gifting > Ecommerce > Florists > B2C > Retail
> Subscription
$106M 2 Bloom & Wild | $102M | Series D Link
35-- Subscription Commerce > Flowers $102M 1 Bloom & Wild | $102M | Series D Link
36-- Cryptocurrencies > Coins > Payments $102M 2 Bitcoin | $100M | Series C Link
37▲61
Business Intelligence > Data Preparation >
Integration > Traditional
$100M 1 Matillion | $100M | Series D Link
38-- Commercial Real Estate Listings $100M 2 EMPG | $100M | Series D Link
39--
Internet First Insurance Platforms > Internet First
Insurers > P&C > Pet
$97.6M 1 Bought By Many | $97.6M | Series C Link
40▲30 Data Privacy Software $87.0M 1 Privitar | $87.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
UK & Ireland Tech - Top Funded Business Models - last 1 year
(5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▲30 Data Security $87.0M 1 Privitar | $87.0M | Series C Link
42▲30 Big Data Security $87.0M 1 Privitar | $87.0M | Series C Link
43-- Banking Tech > Personal Finance Management $84.3M 2 Personetics | $75.0M | Series C Link
44-- Psychiatric Drugs $80.0M 1 COMPASS Path.. | $80.0M | Series B Link
45▲47
Online Grocery > B2C Ecommerce > Recipe Box >
Meals
$76.1M 3 Gousto | $41.4M | Series D Link
46▲47
Healthcare Booking Platforms > Diagnostics >
Internet First Clinical Labs > Biochemical Tests
$75.9M 2 LetsGetChecked | $71.1M | Series C Link
47▲44 Recipe Box $73.8M 3 Gousto | $41.4M | Series D Link
48-- Payment Routing Solution Provider $71.3M 2 Paddle | $68.0M | Series C Link
49▲67
Diagnostics (by Technology) > Diagnostic Assays and
Systems > In vitro Diagnostics > Nucleic ..
$71.1M 1 LetsGetChecked | $71.1M | Series C Link
50▼12 Anti Money Laundering Software $70.7M 2 Quantexa | $64.7M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Checkout.com (2012)
$450M - Series C - Jan 2021
PPRO (2006)
$180M - Series D - Jan 2021
Checkout.com (2012)
$150M - Series B - Jun 2020
PPRO (2006)
$50.0M - Series C - Aug 2020
NymCard (2016)
$7.6M - Series A - Jan 2021
Global Processing Services (2007)
Undisclosed - Unattributed - Oct 2020
Global Processing Services (2007)
Undisclosed - Series C - Oct 2020
Payment Card Issuer Processors - UK &
Ireland
01
9
Back to index
Payments (Curve)
(# Cos: 1073 | $4.5B)
Enablers (Yapily)
(# Cos: 177 | $2.4B)
Issuer Processor (Checkout.com)
(# Cos: 26 | $1.3B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$838M (▲264%)
7(▲600%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.3B
13
1
26
4
Checkout.com
(2012, $830M)
Global Processing Serv..
(2007, $58.3M)
PPRO
(2006, $280M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Food Delivery - UK & Ireland
02
10
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$816M (▲41.9%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$2.7B
8
-
55
1
Logistics Tech (myHermes)
(# Cos: 1055 | $4.1B)
Parcel (Parcel2Go)
(# Cos: 295 | $3.5B)
Hyperlocal Delivery (Buymie)
(# Cos: 151 | $2.8B)
B2C (Gophr)
(# Cos: 133 | $2.8B)
Food (Deliveroo)
(# Cos: 55 | $2.7B)
Deliveroo
(2013, $2.7B)
City Pantry
(2013, $8.7M)
Supper
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Deliveroo (2013)
$636M - Series G - Aug 2020
Deliveroo (2013)
$180M - Series H - Jan 2021

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Online Food Delivery - UK & Ireland
03
11
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$816M (▲41.9%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$2.8B
7
1
49
1
Food Tech (Feedr)
(# Cos: 892 | $3.5B)
Food Discovery and Ordering (OLIO)
(# Cos: 290 | $3.0B)
Restaurant Aggregator (Just Eat)
(# Cos: 112 | $2.8B)
Platform Delivered (Deliveroo)
(# Cos: 49 | $2.8B)
Deliveroo
(2013, $2.7B)
Just Eat
(2001, $127M)
Supper
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Deliveroo (2013)
$636M - Series G - Aug 2020
Deliveroo (2013)
$180M - Series H - Jan 2021

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Logistics Tech > Parcel > Technology Enablers > Delivery
Management > Last Mile - UK & Ireland
04
12
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$734M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$734M
2
-
7
1
Logistics Tech (myHermes)
(# Cos: 1055 | $4.1B)
Parcel (Deliveroo)
(# Cos: 295 | $3.5B)
Technology Enablers (POSdriver)
(# Cos: 48 | $740M)
Delivery Management (7Bridges)
(# Cos: 39 | $739M)
Last Mile (Crossbay)
(# Cos: 7 | $734M)
Crossbay
(2020, $734M)
UpyaTech Your Special Delivery ..
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Crossbay (2020)
$734M - Series D - Dec 2020

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Investment Tech > Online Trading Platforms > Stocks > Social
Trading - UK & Ireland
05
13
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$650M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$851M
6
-
25
1
Investment Tech (IHS Markit)
(# Cos: 2076 | $5.9B)
Online Trading Platforms (First Derivatives)
(# Cos: 989 | $1.2B)
Stocks (Freetrade)
(# Cos: 275 | $947M)
Social Trading (eToro)
(# Cos: 25 | $851M)
eToro
(2007, $823M)
Covestor
(2005, $28.1M)
Genesis Vision
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
eToro (2007)
$650M - Series F - Mar 2021

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Virtual Events - UK & Ireland
06
14
Back to index
Events Tech (Grip)
(# Cos: 520 | $724M)
Online Events (Hopin)
(# Cos: 25 | $574M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$566M (▲8636%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$574M
3
-
25
2
Hopin
(2019, $572M)
CogX
(2020, $1.1M)
HeySummit
(2018, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hopin (2019)
$400M - Series C - Mar 2021
Hopin (2019)
$125M - Series B - Nov 2020
Hopin (2019)
$40.0M - Series A - Jun 2020
HeySummit (2018)
$1.0M - Seed - Oct 2020

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Snyk (2015)
$300M - Series E - Mar 2021
Snyk (2015)
$200M - Series D - Sep 2020
Cyber Vulnerability Assessment
Platforms - UK & Ireland
07
15
Back to index
Cybersecurity (Sophos)
(# Cos: 1039 | $4.6B)
Application Security (Snyk)
(# Cos: 32 | $917M)
Vulnerability Assessment (Veracode)
(# Cos: 18 | $876M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$500M (▲125%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$876M
10
-
18
1
Veracode
(2006, $107M)
Snyk
(2015, $769M)
Uleska
(2016, $414K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Snyk (2015)
$300M - Series E - Mar 2021
Snyk (2015)
$200M - Series D - Sep 2020
Security Testing - UK & Ireland
08
16
Back to index
Software Testing Tools (Provar)
(# Cos: 127 | $946M)
Testing Types (Snyk)
(# Cos: 51 | $888M)
Security Testing (Veracode)
(# Cos: 13 | $876M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$500M (▲125%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$876M
5
-
13
1
Veracode
(2006, $107M)
Snyk
(2015, $769M)
Uleska
(2016, $414K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Online Second Hand Car Dealers - UK &
Ireland
09
17
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$458M (▲611%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$583M
2
-
11
1
Auto E-Commerce & Content (Zego)
(# Cos: 606 | $1.3B)
Second Hand Vehicles (Auto Trader)
(# Cos: 188 | $742M)
Cars (Carwow)
(# Cos: 161 | $742M)
Online Dealer (Cazoo)
(# Cos: 11 | $583M)
Cazoo
(2018, $579M)
CarSpring
(2015, $3.3M)
BuyaCar
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cazoo (2018)
$311M - Series E - Oct 2020
Cazoo (2018)
$116M - Series D - Mar 2020
Cazoo (2018)
$31.0M - Series D - Jun 2020

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
OneWeb (2012)
$400M - Series E - Jan 2021
OneWeb (2012)
$50.0M - Series D - Jul 2020
OneWeb (2012)
Undisclosed - Series D - Jul 2020
Satellite Communication Services - UK &
Ireland
10
18
Back to index
NewSpace (Isotropic Systems)
(# Cos: 81 | $3.8B)
Space Services (OneWeb)
(# Cos: 30 | $3.5B)
Communication (Inmarsat)
(# Cos: 12 | $3.5B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$450M (▼64%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$3.5B
8
2
12
0
Inmarsat OneWeb
(2012, $3.4B)
Wireless Innovation
(2004, $25.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Customer Success Management > CPaaS
- UK & Ireland
11
19
Back to index
Customer Success Management (Glassbox)
(# Cos: 155 | $661M)
CPaaS (Infobip)
(# Cos: 1 | $408M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$403M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$408M
1
-
1
1
Infobip
(2006, $408M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Infobip (2006)
$403M - Series A - Jul 2020

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Data Privacy Management Platforms -
UK & Ireland
12
20
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$402M (▼12.7%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$926M
17
-
78
3
GRC Software (Featurespace)
(# Cos: 611 | $2.2B)
Compliance (Fenergo)
(# Cos: 378 | $1.9B)
IT Compliance (OneTrust)
(# Cos: 87 | $1.2B)
Data Privacy (Privitar)
(# Cos: 78 | $926M)
Privitar
(2015, $174M)
OneTrust
(2016, $721M)
Hazy
(2017, $2.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
OneTrust (2016)
$300M - Series C - Dec 2020
Privitar (2015)
$87.0M - Series C - Apr 2020
OneTrust (2016)
$10.9M - Series B - Jul 2020
Metomic (2018)
$3.8M - Series A - Apr 2020
Dataships (2018)
$589K - Seed - Nov 2020

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
OneTrust (2016)
$300M - Series C - Dec 2020
Privitar (2015)
$87.0M - Series C - Apr 2020
OneTrust (2016)
$10.9M - Series B - Jul 2020
Dataships (2018)
$589K - Seed - Nov 2020
Cybersecurity > Data Security > Data
Privacy - UK & Ireland
13
21
Back to index
Cybersecurity (Sophos)
(# Cos: 1039 | $4.6B)
Data Security (OneTrust)
(# Cos: 265 | $1.2B)
Data Privacy (Privitar)
(# Cos: 43 | $896M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$399M (▼13.5%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$896M
9
-
43
2
Privitar
(2015, $174M)
OneTrust
(2016, $721M)
Nym
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Sweep (2017)
$329M - Seed - Nov 2020
Sweep (2017)
$341K - Seed - Dec 2020
Corporate Travel - UK & Ireland
14
22
Back to index
Online Travel (Trainline)
(# Cos: 1165 | $2.4B)
Corporate Travel (Roomex)
(# Cos: 46 | $351M)
Horizontal (Click Travel)
(# Cos: 9 | $336M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$329M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$336M
4
-
9
1
Click Travel Sweep
(2017, $329M)
Mobilleo
(2016, $6.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
P2P Bank Remittance - UK & Ireland
15
23
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$329M (▼38.6%)
3(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$1.7B
23
1
147
5
Remittance (Ebury)
(# Cos: 442 | $2.2B)
Internet First Platforms (Azimo)
(# Cos: 368 | $2.0B)
P2P Remittance (WorldRemit)
(# Cos: 235 | $1.8B)
Banking Channels (TransferWise)
(# Cos: 147 | $1.7B)
TransferWise
(2010, $1.0B)
WorldRemit
(2010, $394M)
Azimo
(2012, $68.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TransferWise (2010)
$319M - Series F - Jul 2020
TransferGo (2012)
$10.0M - Series C - Jun 2020
Sokin (2019)
Undisclosed - Angel - Feb 2021

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
PatSnap (2007)
$300M - Series E - Mar 2021
Patent Analytics & Management - UK &
Ireland
16
24
Back to index
Legal Tech (Apperio)
(# Cos: 494 | $719M)
Intellectual Property (IP) Management
(SnapDragon Monitoring)
(# Cos: 41 | $395M)
Patent Analytics & Management
(PatSnap)
(# Cos: 13 | $356M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$300M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$356M
5
-
13
1
PatSnap
(2007, $352M)
RoyaltyRange
(2012, $422K)
Aistemos
(2013, $4.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Nanopore (2005)
$110M - Series G - Oct 2020
Nanopore (2005)
$60.0M - Series G - May 2020
High-Throughput DNA Sequencing
Instruments - UK & Ireland
17
25
Back to index
Biotech R&D (Abcam)
(# Cos: 124 | $1.7B)
Instrument Systems (Fluidic Analytics)
(# Cos: 15 | $1.0B)
HT Sequencing Platforms (Nanopore)
(# Cos: 1 | $991M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$170M (▲136%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$991M
1
-
1
1
Nanopore
(2005, $991M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Nanopore Sequencing - UK & Ireland
18
26
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$170M (▲136%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.0B
4
-
5
1
Nanotechnology (Arecor)
(# Cos: 194 | $1.5B)
Nanotools (M Squared)
(# Cos: 39 | $1.1B)
Genomics (Silence Therapeutics)
(# Cos: 9 | $1.0B)
DNA Sequencing (Nanopore)
(# Cos: 5 | $1.0B)
Nanopore
(2005, $991M)
HelixNano
(2013, $120K)
DNA Electronics
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nanopore (2005)
$110M - Series G - Oct 2020
Nanopore (2005)
$60.0M - Series G - May 2020

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Usage Based Auto Insurance - UK &
Ireland
19
27
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$169M (▲175%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$250M
5
-
16
3
Auto E-Commerce & Content (Oodle Car Finance)
(# Cos: 606 | $1.3B)
Insurance (Cuvva)
(# Cos: 66 | $297M)
Internet First Insurer (By Miles)
(# Cos: 33 | $286M)
Usage Based (Zego)
(# Cos: 16 | $250M)
Zego
(2016, $202M)
By Miles
(2016, $26.7M)
Cuvva
(2014, $21.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zego (2016)
$150M - Series C - Mar 2021
By Miles (2016)
$18.6M - Series B - May 2020
My Policy (2010)
Undisclosed - Seed - Feb 2021

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Cheminformatics for Drug Discovery -
UK & Ireland
20
28
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$160M (▲77.5%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$595M
15
1
24
2
Life Sciences Tech (TrakCel)
(# Cos: 292 | $1.3B)
Research & Development (Benevolent AI)
(# Cos: 217 | $1.3B)
Drug Discovery (Genomics)
(# Cos: 60 | $800M)
Cheminformatics (Oxford Drug
Design)
(# Cos: 24 | $595M)
Oxford Drug Design
(2001, $7.3M)
Exscientia
(2012, $204M)
C4X Discovery
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Exscientia (2012)
$100M - Series C - Mar 2021
Exscientia (2012)
$60.0M - Series C - May 2020
Optibrium (2009)
Undisclosed - Seed - Feb 2021

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Internet First Insurance Platforms > Internet First Insurers >
P&C > Auto > Usage-based > On Demand - UK & Ireland
21
29
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$150M (▲257%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$202M
2
-
5
1
Internet First Insurance Platforms (Cuvva)
(# Cos: 400 | $2.4B)
Internet First Insurers (BIMA)
(# Cos: 154 | $1.3B)
P&C (Bought By Many)
(# Cos: 131 | $1.1B)
Auto (Marshmallow)
(# Cos: 35 | $267M)
Usage-based (By Miles)
(# Cos: 25 | $228M)
On Demand (Zego)
(# Cos: 5 | $202M)
Zego
(2016, $202M)
Tempcover nSurely
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zego (2016)
$150M - Series C - Mar 2021

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
NodThera (2016)
$55.0M - Series B - Jun 2020
Immune Regulation (2011)
$52.4M - Series B - Sep 2020
Resolution Therapeutics (2017)
$35.6M - Series A - Dec 2020
Inflammatory Diseases Drugs - UK &
Ireland
22
30
Back to index
Immunology (ImmuPharma)
(# Cos: 45 | $394M)
Drugs (NodThera)
(# Cos: 39 | $373M)
Inflammatory Diseases (Inflazome)
(# Cos: 16 | $266M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$143M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$266M
11
-
16
3
Inflazome
(2016, $65.0M)
NodThera
(2016, $95.0M)
Immune Regulation
(2011, $52.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Blockchain (2011)
$120M - Series C - Feb 2021
Zumo (2019)
$13.3M - Series A - Nov 2020
BCB GROUP (2018)
$4.5M - Series A - Mar 2021
Zumo (2019)
$1.9M - Series A - Jan 2021
Zumo (2019)
$1.4M - Seed - Aug 2020
Zumo (2019)
Undisclosed - Seed - May 2020
Cryptocurrencies > Financial Services >
Diversified - UK & Ireland
23
31
Back to index
Cryptocurrencies (Argent)
(# Cos: 1731 | $682M)
Financial Services (Bitstamp)
(# Cos: 1139 | $441M)
Diversified (Blockchain)
(# Cos: 76 | $218M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$141M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$218M
13
-
76
3
Blockchain
(2011, $190M)
Zumo
(2019, $16.6M)
BCB GROUP
(2018, $5.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
KYC Solutions - UK & Ireland
24
32
Back to index
RegTech (Featurespace)
(# Cos: 343 | $1.9B)
KYC (Onfido)
(# Cos: 85 | $592M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$127M (▼10.1%)
4(▼63.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$592M
24
-
85
9
Onfido
(2012, $242M)
Fenergo
(2009, $181M)
Yoti
(2014, $39.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Onfido (2012)
$105M - Series D - Apr 2020
Yoti (2014)
$14.8M - Series B - Jun 2020
Sumsub (2015)
$6.0M - Series A - Sep 2020
Id-Pal (2016)
$1.2M - Series A - Sep 2020

33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Diversified Diagnostics > Tests - UK &
Ireland
25
33
Back to index
Diversified Diagnostics (Mologic)
(# Cos: 143 | $305M)
Tests (Hologic)
(# Cos: 143 | $305M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$125M (▲89.1%)
5(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$305M
54
6
143
7
Hologic Mologic
(2003, $10.1M)
Congenica
(2013, $81.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LetsGetChecked (2014)
$71.1M - Series C - May 2020
Congenica (2013)
$50.0M - Series C - Nov 2020
Izon Science (2005)
$10.5M - PE - Jul 2020
Ilara Health (2019)
$3.8M - Series A - Dec 2020
Sense Biodetection (2014)
Undisclosed - Series B - Oct 2020

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Life Sciences Platforms and Tools > Research
Services - UK & Ireland
26
34
Back to index
Life Sciences Platforms and Tools (Nanopore)
(# Cos: 720 | $3.4B)
Research Services (Horizon Discovery)
(# Cos: 352 | $1.6B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$123M (▼31.2%)
18(▼10%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
35
$1.6B
208
19
352
13
Horizon Discovery
(2007, $46.3M)
OXGENE
(2011, $22.0M)
Evonetix
(2015, $42.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bit bio (2016)
$41.5M - Series A - Jun 2020
Tropic Biosciences (2016)
$28.5M - Series B - Jun 2020
Avectas (2011)
$20.0M - Series C - Apr 2020
Lifebit (2017)
$7.5M - Series A - Apr 2020
Amphista Therapeutics (2018)
$7.5M - Series A - Apr 2020
MIP Diagnostics (2015)
$6.3M - Series B - Jul 2020
Myricx Pharma (2019)
$5.9M - Seed - Nov 2020
View all 18 Funding Rounds on Tracxn Platform

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Life Sciences Platforms and Tools > Diversified -
UK & Ireland
27
35
Back to index
Life Sciences Platforms and Tools (Horizon Discovery)
(# Cos: 720 | $3.4B)
Diversified (Mologic)
(# Cos: 162 | $417M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$122M (▲101%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$417M
48
1
162
4
Mologic
(2003, $10.1M)
Rapid Micro Biosystems
(2006, $269M)
Qkine
(2016, $2.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Rapid Micro Biosystems (2006)
$120M - Series E - May 2020
Qkine (2016)
$1.9M - Series A - Jun 2020
Refeyn (2018)
Undisclosed - Series A - Nov 2020

36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Auth0 (2013)
$121M - Series F - Jul 2020
Unified Identity and Access
Management - UK & Ireland
28
36
Back to index
Cybersecurity (Sophos)
(# Cos: 1039 | $4.6B)
IAM (Onfido)
(# Cos: 205 | $777M)
Unified IAM (Auth0)
(# Cos: 7 | $333M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$121M (▲17%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$333M
2
-
7
0
Auth0
(2013, $333M)
ZAKA Idax Software
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Auth0 (2013)
$121M - Series F - Jul 2020
PaaS > BaaS > Identity & Access - UK &
Ireland
29
37
Back to index
PaaS (Vordel)
(# Cos: 107 | $491M)
BaaS (Dataswift)
(# Cos: 15 | $377M)
Identity & Access (Auth0)
(# Cos: 2 | $361M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$121M (▲17%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$361M
2
-
2
0
Auth0
(2013, $333M)
Smartpipe Solutions
(2013, $28.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Blockchain (2011)
$120M - Series C - Feb 2021
Blockchain Explorer - UK & Ireland
30
38
Back to index
Blockchain Infrastructure (Quant)
(# Cos: 105 | $299M)
Enablers (Elliptic)
(# Cos: 18 | $241M)
Blockchain Explorer (Blockchain)
(# Cos: 6 | $190M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$120M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$190M
2
-
6
1
Blockchain
(2011, $190M)
WhatsOnChain Blockchain.ie
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Electric Vehicles > Automaker > Commercial Vehicles > Multi
Category Commercial Vehicles - UK & Ireland
31
39
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$118M (▲5.9%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$229M
1
-
5
1
Electric Vehicles (YASA)
(# Cos: 541 | $850M)
Automaker (Riversimple)
(# Cos: 216 | $330M)
Commercial Vehicles (Volta Trucks)
(# Cos: 23 | $250M)
Multi Category Commercial
Vehicles (Arrival)
(# Cos: 5 | $229M)
Arrival
(2015, $229M)
London EV Company Bradshaw
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Arrival (2015)
$118M - Series D - Oct 2020

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Subscription Accounting - UK & Ireland
32
40
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$108M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$281M
6
1
16
1
Finance & Accounting Tech (Ebury)
(# Cos: 957 | $1.8B)
Accounting Solutions (Receipt Bank)
(# Cos: 582 | $1.3B)
Quote to Cash (Rimilia)
(# Cos: 181 | $498M)
Subscription Accounting
(GoCardless)
(# Cos: 16 | $281M)
GoCardless
(2011, $250M)
Cledara
(2018, $3.4M)
Cerillion
(1999, $9.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
GoCardless (2011)
$105M - Series F - Feb 2021
Cledara (2018)
$3.4M - Seed - Dec 2020

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Residential Real Estate Listings - UK &
Ireland
33
41
Back to index
Residential Real Estate Tech (Purplebricks)
(# Cos: 291 | $677M)
Listings (Zoopla)
(# Cos: 81 | $192M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$107M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$192M
19
2
81
2
Zoopla
(2007, $10.7M)
Rightmove OneDome
(2016, $16.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
EMPG (2002)
$100M - Series D - Feb 2021
OneDome (2016)
$6.9M - Series A - Sep 2020
PropertyHeads (2018)
Undisclosed - Seed - Sep 2020

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Online Gifting > Ecommerce > Florists > B2C > Retail >
Subscription - UK & Ireland
34
42
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$106M (▲ >10K%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$155M
3
-
4
3
Online Gifting (PhotoBox)
(# Cos: 511 | $394M)
Ecommerce (Papier)
(# Cos: 452 | $361M)
Florists (Floom)
(# Cos: 70 | $197M)
B2C (Interflora)
(# Cos: 65 | $195M)
Retail (FLOWERBX)
(# Cos: 60 | $192M)
Subscription (Bloom & Wild)
(# Cos: 4 | $155M)
Bloom & Wild
(2013, $130M)
FLOWERBX
(2015, $20.3M)
Freddie's Flowers
(2014, $4.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bloom & Wild (2013)
$102M - Series D - Jan 2021
Freddie's Flowers (2014)
$4.3M - Series A - Nov 2020

43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Subscription Commerce > Flowers - UK &
Ireland
35
43
Back to index
Subscription Commerce (Gousto)
(# Cos: 319 | $533M)
Flowers (Bloom & Wild)
(# Cos: 1 | $130M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$102M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$130M
1
-
1
1
Bloom & Wild
(2013, $130M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bloom & Wild (2013)
$102M - Series D - Jan 2021

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Bitcoin (2009)
$100M - Series C - Dec 2020
Edge (2018)
$1.5M - Seed - Nov 2020
Cryptocurrencies > Coins > Payments -
UK & Ireland
36
44
Back to index
Cryptocurrencies (Blockchain)
(# Cos: 1731 | $682M)
Coins (Codex Protocol)
(# Cos: 165 | $147M)
Payments (Bitcoin)
(# Cos: 97 | $113M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$102M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$113M
8
1
97
1
Bitcoin
(2009, $100M)
Codex Protocol
(2017, $5.0M)
Logos Network
(2017, $3.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Business Intelligence > Data Preparation > Integration >
Traditional - UK & Ireland
37
45
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$100M (▲187%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$165M
3
-
11
1
Business Intelligence (Datactics)
(# Cos: 330 | $418M)
Data Preparation (Boxever)
(# Cos: 55 | $254M)
Integration (Import.io)
(# Cos: 24 | $203M)
Traditional (Matillion)
(# Cos: 11 | $165M)
Matillion
(2011, $165M)
NStack Pushstartr
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Matillion (2011)
$100M - Series D - Feb 2021

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Commercial Real Estate Listings - UK &
Ireland
38
46
Back to index
Commercial Real Estate Tech (Rightmove)
(# Cos: 206 | $324M)
Listings (Zoopla)
(# Cos: 34 | $179M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$100M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$179M
10
2
34
1
Zoopla
(2007, $10.7M)
Rightmove EMPG
(2002, $160M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
EMPG (2002)
$100M - Series D - Feb 2021
PropertyHeads (2018)
Undisclosed - Seed - Sep 2020

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Internet First Insurance Platforms > Internet First Insurers >
P&C > Pet - UK & Ireland
39
47
Back to index
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$97.6M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$172M
1
-
6
1
Internet First Insurance Platforms (BIMA)
(# Cos: 400 | $2.4B)
Internet First Insurers (By Miles)
(# Cos: 154 | $1.3B)
P&C (Zego)
(# Cos: 131 | $1.1B)
Pet (Bought By Many)
(# Cos: 6 | $172M)
Bought By Many
(2012, $172M)
Animal Friends Pet Insurance
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bought By Many (2012)
$97.6M - Series C - May 2020

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Privitar (2015)
$87.0M - Series C - Apr 2020
Data Privacy Software - UK & Ireland
40
48
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RegTech (Onfido)
(# Cos: 343 | $1.9B)
Compliance Management (Clausematch)
(# Cos: 70 | $519M)
Data Privacy (Privitar)
(# Cos: 6 | $176M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$87.0M (▲73%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$176M
2
-
6
1
Privitar
(2015, $174M)
Trust Hub Rinocloud
(2017, $1.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Privitar (2015)
$87.0M - Series C - Apr 2020
Data Security - UK & Ireland
41
49
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Enterprise Information Management (Datactics)
(# Cos: 191 | $318M)
Enterprise Data Management (Solidatus)
(# Cos: 65 | $275M)
Data Security (Privitar)
(# Cos: 3 | $174M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$87.0M (▲73%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$174M
1
-
3
1
Privitar
(2015, $174M)
enkumo DOQEX
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Big Data Security - UK & Ireland
42
50
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Big Data Infrastructure (OVHcloud)
(# Cos: 25 | $475M)
Big Data Security (Privitar)
(# Cos: 2 | $174M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$87.0M (▲73%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$174M
1
-
2
1
Privitar
(2015, $174M)
DevOpsMill
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Privitar (2015)
$87.0M - Series C - Apr 2020

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Banking Tech > Personal Finance
Management - UK & Ireland
43
51
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Banking Tech (Revolut)
(# Cos: 604 | $7.0B)
Personal Finance Management (Meniga)
(# Cos: 4 | $132M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$84.3M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$132M
2
-
4
2
Meniga
(2009, $39.4M)
Personetics
(2011, $93.0M)
Lendlord
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Personetics (2011)
$75.0M - Series C - Feb 2021
Meniga (2009)
$9.3M - Series C - May 2020

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
COMPASS Pathways (2016)
$80.0M - Series B - Apr 2020
Psychiatric Drugs - UK & Ireland
44
52
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Neurology (BrainWaveBank)
(# Cos: 130 | $1.0B)
Drugs (Vernalis)
(# Cos: 71 | $804M)
Psychiatric (COMPASS Pathways)
(# Cos: 7 | $221M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$80.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$221M
4
3
7
0
COMPASS Pathways
(2016, $109M)
Alkermes
(1987, $46.0M)
e-Therapeutics
(2003, $65.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Online Grocery > B2C Ecommerce > Recipe Box >
Meals - UK & Ireland
45
53
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Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$76.1M (▲102%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$252M
14
-
39
1
Online Grocery (Ocado)
(# Cos: 876 | $560M)
B2C Ecommerce (Naked Wines)
(# Cos: 793 | $498M)
Recipe Box (Gousto)
(# Cos: 45 | $253M)
Meals (Mindful Chef)
(# Cos: 39 | $252M)
Mindful Chef
(2014, $11.6M)
Gousto
(2012, $211M)
SimplyCook
(2012, $19.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Gousto (2012)
$41.4M - Series D - Apr 2020
Gousto (2012)
$32.4M - Series D - Nov 2020
DropChef (2013)
$2.4M - Seed - Nov 2020

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Healthcare Booking Platforms > Diagnostics > Internet First
Clinical Labs > Biochemical Tests - UK & Ireland
46
54
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Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$75.9M (▲103%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$132M
8
-
19
2
Healthcare Booking Platforms (Babylon)
(# Cos: 777 | $1.7B)
Diagnostics (LiveSmart)
(# Cos: 34 | $133M)
Internet First Clinical Labs (Thriva)
(# Cos: 29 | $132M)
Biochemical Tests
(LetsGetChecked)
(# Cos: 19 | $132M)
LetsGetChecked
(2014, $115M)
Thriva
(2015, $14.2M)
LiveSmart
(2014, $2.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LetsGetChecked (2014)
$71.1M - Series C - May 2020
Thriva (2015)
$4.9M - Series A - May 2020

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Gousto (2012)
$41.4M - Series D - Apr 2020
Gousto (2012)
$32.4M - Series D - Nov 2020
Bakedin (2013)
$823K - Seed - May 2020
Recipe Box - UK & Ireland
47
55
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Subscription Commerce (Bloom & Wild)
(# Cos: 319 | $533M)
Food & Beverages (Pact Coffee)
(# Cos: 88 | $225M)
Recipe Ingredients (Gousto)
(# Cos: 7 | $213M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$73.8M (▲95.6%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$213M
2
-
7
1
Gousto
(2012, $211M)
Bakedin
(2013, $1.9M)
Brekkie Club
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Paddle (1998)
$68.0M - Series C - Nov 2020
BR-DGE (2018)
$3.3M - Series A - Aug 2020
Payment Routing Solution Provider - UK
& Ireland
48
56
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Payments (Curve)
(# Cos: 1073 | $4.5B)
Enablers (Checkout.com)
(# Cos: 177 | $2.4B)
Payment Routing (Paddle)
(# Cos: 2 | $96.3M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$71.3M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$96.3M
2
-
2
1
Paddle
(1998, $93.0M)
BR-DGE
(2018, $3.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Diagnostics (by Technology) > Diagnostic Assays and Systems > In vitro
Diagnostics > Nucleic Acid-based > Portfolio of Nucleic Acid-based Assays
- UK & Ireland
49
57
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Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$71.1M (▲137%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$115M
3
-
5
1
Diagnostics (by Technology) (Hologic)
(# Cos: 367 | $1.3B)
Diagnostic Assays and Systems (Yourgene Health)
(# Cos: 96 | $495M)
In vitro Diagnostics (Oxford Immunotec)
(# Cos: 96 | $495M)
Nucleic Acid-based (Inivata)
(# Cos: 41 | $360M)
Portfolio of Nucleic Acid-based
Assays (LetsGetChecked)
(# Cos: 5 | $115M)
LetsGetChecked
(2014, $115M)
GeneFirst Isohelix
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LetsGetChecked (2014)
$71.1M - Series C - May 2020

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Anti Money Laundering Software - UK &
Ireland
50
58
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Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$70.7M (▼11.7%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$329M
11
-
26
3
GRC Software (Featurespace)
(# Cos: 611 | $2.2B)
Compliance (Behavox)
(# Cos: 378 | $1.9B)
Industry (Clausematch)
(# Cos: 74 | $467M)
Banking & Finance (Quantexa)
(# Cos: 41 | $357M)
AML & CTF (Fenergo)
(# Cos: 26 | $329M)
Fenergo
(2009, $181M)
Quantexa
(2016, $90.1M)
Sumsub
(2015, $7.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Quantexa (2016)
$64.7M - Series C - Jul 2020
Sumsub (2015)
$6.0M - Series A - Sep 2020

59. UK & Ireland Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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61. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
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