Here's a detailed analysis of top UK & Ireland Tech #BusinessModels in rebrand.ly/mm23iy4 Get these reports of any geography delivered to your mailbox for free! Subscribe

1. TRACXN TOP BUSINESS MODELS REPORT
April 20, 2022
UK & IRELAND TECH

2. UK & Ireland Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
UK & Ireland Tech Funding OverviewUK
& Ireland Tech
3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2

3. UK & Ireland Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Funding in last 1 year
3
Banking Tech $3.7B
Payments $3.3B
Investment Tech $2.8B
Alternative Lending $2.7B
Online Grocery $2.0B
HRTech $1.6B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
Seedcamp
SFC Capital
40
17
15
Early
Stage
Octopus Ventures
Business Growth Fund
LocalGlobe
25
21
17
Late
Stage
SoftBank Vision Fund
Octopus Ventures
Accel
14
9
8
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
FNZ
(2003, )
$1.4B - PE
Checkout
(2012, )
$1.0B - Series D
Revolut
(2015, )
$800M - Series E
Getir
(2018, )
$768M - Series E
Cazoo
(2018, )
$630M - Series E
CMR Surgical
(2014, )
$600M - Series D
Getir
(2018, )
$555M - Series D
OneWeb
(2012, )
$550M - Series F
OneWeb
(2012, )
$500M - Series F
Jobandtalent
(2009, )
$500M - Series E
Monzo
(2015, )
$475M - Series H
Hopin
(2019, )
$450M - Series D
London (71%)
Cambridge (5%)
Edinburgh (4%)
Oxford (2%)
Dublin (2%)
Others (15%)

4. Copyright © 2022, Tracxn Technologies 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<> 0 Digital Native Banks $1.6B 8 Revolut | $800M | Series E Link
2▲10 Satellite Communication Services $1.4B 3 OneWeb | $550M | Series F Link
3▲3 Business Payments Solutions $1.2B 12 Checkout | $1.0B | Series D Link
4▲11 Online Used Cars Dealers $779M 2 Cazoo | $630M | Series E Link
5▲717 Internet First Business Loans Marketplace $744M 3 MarketFinance | $383M | Series C Link
6-- Surgical Robots $600M 1 CMR Surgical | $600M | Series D Link
7▲14 On Demand Staffing Platform $500M 1 Jobandtalent | $500M | Series E Link
8▼3 Virtual Events $452M 4 Hopin | $450M | Series D Link
9▲7 Payment Card Issuer Processors $400M 1 Global Proces.. | $400M | Series D Link
10▲22 Open Banking APIs for Payments $383M 10 TrueLayer | $130M | 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 © 2022, Tracxn Technologies 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▲232 P2P Wallet Remittance $357M 3 Zepz | $292M | Series E Link
12▲117 Online Meal Kits Delivery $345M 4 Gousto | $230M | Series F Link
13▲11 Open Banking API Providers $319M 11 ClearBank | $230M | Series E Link
14▲183 Electric Truck Manufacturers $304M 4 Volta Trucks | $260M | Series C Link
15▲145 Retail Banking $303M 1 Zopa | $303M | Series H Link
16▼8 Security Testing $300M 2 Snyk | $300M | Series F Link
17▲23 Low Code Development Platforms $300M 5 Genesis | $200M | Series C Link
18▲92 Core Banking Platforms $254M 2 Thought Machine | $200M | Series C Link
19▲282 Blockchain Networks $253M 13 Fetch.ai | $150M | Series A Link
20▲8 Cheminformatics Software $251M 2 Exscientia | $225M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2022, Tracxn Technologies 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▲15 Internet First Credit Cards $246M 4 Zilch | $110M | Series B Link
22-- Hemodialyzers $245M 1 Quanta | $245M | Series D Link
23-- Internet First Personal Loans Marketplace $242M 6 Lendable | $276M | Series B Link
24▲63 Consumer Insights $240M 3 GWI | $180M | Series B Link
25--
Financial Planners and Advisors for Retirement
Planning
$230M 2 Smart | $229M | Series D Link
26-- Pension Management $229M 1 Smart Pension | $229M | Series D Link
27▲37 Autonomous Cars $225M 4 Wayve | $200M | Series B Link
28▲167 Internet First Corporate Credit Card Issuers $215M 2 Payhawk | $115M | Series B Link
29▲27 Anti Money Laundering Software $197M 6 Quantexa | $154M | Series D Link
30▲43 Banking Software Suite $197M 2 10x | $187M | 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 © 2022, Tracxn Technologies 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▲49 Private Company Investing Platforms $190M 1 PrimaryBid | $190M | Series C Link
32-- Internet First Corporate Prepaid Expense Cards $180M 1 Soldo | $180M | Series C Link
33▲371 Building Energy Management System $168M 3 Deepki | $166M | Series C Link
34-- Plastic Waste Recyclers $168M 1 Plastic Energy | $168M | Series A Link
35▲134 Retail Stores Software Suite $165M 3 Peak | $75.0M | Series C Link
36▲10 Merchant Banking $160M 2 Form3 | $160M | Series C Link
37▲190 Hotel Revenue Management Software $159M 2 OTA Insight | $80.0M | Series B Link
38▼7 Life Sciences Research Services $159M 12 Owlstone Med.. | $59.0M | Series D Link
39▼30 Gene Therapy Drugs $159M 7 Microbiotica | $67.0M | Series B Link
40▲7 White label Telehealth Platform $154M 2 LetsGetChecked | $150M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2022, Tracxn Technologies 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-- Salon Booking Platforms $153M 2 Fresha | $100M | Series C Link
42▼3 Traditional Data Integration $150M 1 Matillion | $150M | Series E Link
43-- Gaming Engines $150M 1 Improbable | $150M | Series D Link
44▲566 Contract Lifecycle Management $144M 4 ContractPod T.. | $115M | Series C Link
45▲458 Retail POS Solutions $141M 1 DNA Payments | $141M | Series D Link
46-- Applicant Tracking System $139M 2 Beamery | $138M | Series C Link
47▲32 Payroll Management $137M 7 CloudPay | $58.0M | Series D Link
48▲187 Ultrasonic Haptics $132M 2 Ultraleap | $82.0M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Digital Native Banks - UK & Ireland
01
9
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
$1.6B (▲75.8%)
8(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$5.2B
8
-
13
5
Banking Tech (Onfido)
(# Cos: 736 | $12.6B)
Internet First Banks (Starling Bank)
(# Cos: 174 | $6.9B)
Digital Native Banks (Monzo)
(# Cos: 31 | $6.4B)
Diversified (Revolut)
(# Cos: 13 | $5.2B)
Revolut
(2015, $2.1B)
Monzo
(2015, $1.2B)
Starling Bank
(2014, $892M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Revolut (2015)
$13.7M - Series E - Aug 2021
$800M - Series E - Jul 2021
Monzo (2015)
$475M - Series H - Dec 2021
Allica Bank (2017)
$147M - Series B - Nov 2021
Atom Bank (2014)
$102M - Series E - Feb 2022
Starling Bank (2014)
$40.6M - Series D - Jan 2022
$48.9M - Series D - Jun 2021
View all 8 Funding Rounds on Tracxn Platform

10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
OneWeb (2012)
$300M - Series F - Aug 2021
$500M - Series F - Jun 2021
$550M - Series F - Apr 2021
Satellite Communication Services - UK &
Ireland
02
10
Back to index
NewSpace (Isotropic Systems)
(# Cos: 109 | $5.3B)
Space Services (Inmarsat)
(# Cos: 37 | $4.9B)
Communication (OneWeb)
(# Cos: 14 | $4.9B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$1.4B (▲200%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$4.9B
8
2
14
0
OneWeb
(2012, $4.8B)
Inmarsat Wireless Innovation
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Checkout (2012)
$1.0B - Series D - Jan 2022
DNA Payments (2018)
$141M - Series D - Jun 2021
Pomelo Pay (2017)
$10.0M - Series A - Nov 2021
Nomod (2019)
$3.4M - Seed - Nov 2021
SimplyPayMe (2012)
$3.3M - Angel - Mar 2022
KodyPay (2018)
$3.3M - Seed - Jun 2021
DigiDoe (2019)
$1.2M - Seed - Jan 2022
View all 12 Funding Rounds on Tracxn Platform
Business Payments Solutions - UK &
Ireland
03
11
Back to index
Payments (TrueLayer)
(# Cos: 1349 | $9.2B)
Business Payments (Ebury)
(# Cos: 791 | $4.3B)
Diversified (Checkout)
(# Cos: 161 | $2.0B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$1.2B (▲89.2%)
12(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$2.0B
30
-
161
7
Checkout
(2012, $1.8B)
Paymentsense SimplyPayMe
(2012, $3.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Online Used Cars Dealers - 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
$779M (▲128%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.3B
3
-
15
2
Auto E-Commerce & Content (Zego)
(# Cos: 859 | $3.9B)
Second Hand Vehicles (Motorway)
(# Cos: 221 | $3.1B)
Cars (Carwow)
(# Cos: 187 | $3.1B)
Online Dealer (Cazoo)
(# Cos: 15 | $1.3B)
Cazoo
(2018, $1.2B)
Carzam
(2020, $149M)
CarSpring
(2015, $3.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cazoo (2018)
$630M - Series E - Feb 2022
Carzam (2020)
$149M - Series A - Nov 2021

13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Internet First Business Loans
Marketplace - 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
$744M (▲ >10K%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$812M
8
1
46
5
Alternative Lending (Clear Score)
(# Cos: 1098 | $9.6B)
Online Lenders (Zilch)
(# Cos: 778 | $8.9B)
Business Loans (Capital On Tap)
(# Cos: 257 | $4.2B)
Diversified (CreditEnable)
(# Cos: 67 | $816M)
Marketplace (ThinCats)
(# Cos: 46 | $812M)
ThinCats
(2010, $361M)
CreditEnable
(2016, $8.6M)
FUNDING XCHANGE
(2014, $12.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MarketFinance (2011)
$383M - Series C - Sep 2021
ThinCats (2010)
$135M - Series D - Feb 2022
$226M - Series D - Jun 2021

14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
CMR Surgical (2014)
$600M - Series D - Jun 2021
Surgical Robots - UK & Ireland
06
14
Back to index
Professional Service Robots (Rovco)
(# Cos: 110 | $1.2B)
Healthcare (Automata)
(# Cos: 14 | $1.1B)
Surgery (CMR Surgical)
(# Cos: 6 | $1.0B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$600M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.0B
4
-
6
1
CMR Surgical
(2014, $1.0B)
Freehand Surgeon
(1996, $1.2M)
Freehand
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
On Demand Staffing Platform - UK &
Ireland
07
15
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
$500M (▲114%)
1(▼80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$911M
4
-
16
2
HRTech (Sage Group)
(# Cos: 3797 | $5.0B)
Contract Workforce Recruitment (Patchwork)
(# Cos: 65 | $998M)
On Demand Staffing Platform (Rota)
(# Cos: 29 | $926M)
Industry Specific (Tempo)
(# Cos: 27 | $926M)
Multi Industry (Jobandtalent)
(# Cos: 16 | $911M)
Jobandtalent
(2009, $900M)
Tempo
(2017, $10.1M)
RedWigWam
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Jobandtalent (2009)
$500M - Series E - Dec 2021

16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Virtual Events - UK & Ireland
08
16
Back to index
Events Tech (VenueScanner)
(# Cos: 625 | $1.3B)
Online Events (Hopin)
(# Cos: 59 | $1.1B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$452M (▼32.3%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
8
-
59
2
Hopin
(2019, $1.1B)
CogX
(2015, $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)
$450M - Series D - Aug 2021
Undisclosed - Series C - Jun 2021
Tevent Labs (2020)
$2.0M - Seed - Mar 2022
Haia (2020)
Undisclosed - Angel - Mar 2022

17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Global Processing Services (2007)
$400M - Series D - Oct 2021
Payment Card Issuer Processors - UK &
Ireland
09
17
Back to index
Payments (Checkout)
(# Cos: 1349 | $9.2B)
Enablers (TrueLayer)
(# Cos: 221 | $3.1B)
Issuer Processor (Worldpay)
(# Cos: 24 | $878M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$400M (▲22.4%)
1(▼75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$878M
11
1
24
3
Worldpay
(1993, $18.0M)
PPRO
(2006, $370M)
Global Processing Serv..
(2007, $461M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
TrueLayer (2016)
$130M - Series E - Sep 2021
Fidel (2018)
$65.0M - Series B - Apr 2022
Yapily (2017)
$51.0M - Series B - Jul 2021
Primer (2020)
$50.0M - Series B - Oct 2021
Weavr (2018)
$40.2M - Series A - Feb 2022
Banked (2018)
$20.0M - Series A - Feb 2022
Moneyhub Enterprise (2011)
$18.0M - Angel - Jul 2021
View all 10 Funding Rounds on Tracxn Platform
Open Banking APIs for Payments - UK &
Ireland
10
18
Back to index
Payments (Checkout)
(# Cos: 1349 | $9.2B)
Enablers (Featurespace)
(# Cos: 221 | $3.1B)
Open Banking APIs (TrueLayer)
(# Cos: 42 | $789M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$383M (▲153%)
10( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$789M
22
-
42
12
TrueLayer
(2016, $273M)
Yapily
(2017, $70.8M)
Modulr Finance
(2015, $79.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
P2P Wallet Remittance - UK & Ireland
11
19
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
$357M (▲2573%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$433M
11
-
63
4
Digital Remittance (CurrencyFair)
(# Cos: 516 | $2.7B)
Internet First Platforms (Wise)
(# Cos: 423 | $2.4B)
P2P Remittance (Azimo)
(# Cos: 266 | $1.0B)
Wallet Transfer (Taptap Send)
(# Cos: 63 | $433M)
Taptap Send
(2017, $80.0M)
Skrill Zepz
(2010, $292M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zepz (2010)
$292M - Series E - Aug 2021
Taptap Send (2017)
$65.0M - Series B - Dec 2021
Undisclosed - Series A - Jun 2021

20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Online Meal Kits Delivery - 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
$345M (▲866%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$649M
18
-
49
2
Online Grocery (OLIO)
(# Cos: 1085 | $5.9B)
B2C Ecommerce (Deliveroo)
(# Cos: 965 | $5.8B)
Recipe Box (SimplyCook)
(# Cos: 57 | $649M)
Meals (Gousto)
(# Cos: 49 | $649M)
Gousto
(2012, $592M)
SimplyCook
(2012, $19.8M)
Mindful Chef
(2014, $11.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Gousto (2012)
$230M - Series F - Feb 2022
$100M - Series E - Jan 2022
Dishpatch (2020)
$14.1M - Series A - Jun 2021
Grubby (2019)
$1.1M - Seed - Jun 2021

21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
ClearBank (2015)
$230M - Series E - Mar 2022
TrueLayer (2016)
$130M - Series E - Sep 2021
Railsbank (2015)
$70.0M - Series C - Jul 2021
Yapily (2017)
$51.0M - Series B - Jul 2021
Weavr (2018)
$40.2M - Series A - Feb 2022
Toqio (2019)
$9.4M - Seed - Jul 2021
mmob (2020)
$6.5M - Seed - Mar 2022
View all 11 Funding Rounds on Tracxn Platform
Open Banking API Providers - UK &
Ireland
13
21
Back to index
Banking Tech (Revolut)
(# Cos: 736 | $12.6B)
Open Banking (Railsbank)
(# Cos: 104 | $1.5B)
Banking APIs (TrueLayer)
(# Cos: 53 | $1.2B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$319M (▲62.1%)
11(▲57.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.2B
21
-
53
10
TrueLayer
(2016, $273M)
Railsbank
(2015, $125M)
Yapily
(2017, $70.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Electric Truck Manufacturers - UK &
Ireland
14
22
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
$304M (▲1419%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$427M
3
-
4
3
Electric Vehicles (POD Point)
(# Cos: 833 | $1.6B)
Automaker (Riversimple)
(# Cos: 283 | $664M)
Commercial Vehicles (Arrival)
(# Cos: 31 | $563M)
Trucks (Tevva)
(# Cos: 4 | $427M)
Tevva
(2013, $90.0M)
Volta Trucks
(2019, $330M)
HV Systems
(2017, $6.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Volta Trucks (2019)
$260M - Series C - Feb 2022
$43.7M - Series B - Sep 2021
Tevva (2013)
$57.0M - Series B - Nov 2021
HV Systems (2017)
$6.9M - Series A - Jul 2021

23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Retail Banking - 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
$303M (▲993%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
5
-
12
3
Banking Tech (Onfido)
(# Cos: 736 | $12.6B)
Internet First Banks (Monzo)
(# Cos: 174 | $6.9B)
Digital Native Banks (Revolut)
(# Cos: 31 | $6.4B)
Retail Banking (Tandem)
(# Cos: 12 | $1.1B)
Tandem
(2013, $283M)
Zopa
(2005, $789M)
Monument
(2010, $56.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zopa (2005)
$303M - Series H - Oct 2021

24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Snyk (2015)
$300M - Series F - Sep 2021
Veracode (2006)
Undisclosed - Series G - Mar 2022
Security Testing - UK & Ireland
16
24
Back to index
Software Testing Tools (Spirent)
(# Cos: 155 | $1.3B)
Testing Types (Veracode)
(# Cos: 59 | $1.2B)
Security Testing (Snyk)
(# Cos: 16 | $1.2B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$300M (▼40%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.2B
6
-
16
1
Snyk
(2015, $1.1B)
Veracode
(2006, $107M)
Uleska
(2016, $414K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Genesis (2012)
$200M - Series C - Feb 2022
Builder (2013)
$100M - Series C - Mar 2022
Stacker (2017)
$20.0M - Series A - Aug 2021
Hypi (2018)
$205K - Seed - Jan 2022
Noloco (2020)
$125K - Seed - Sep 2021
Low Code Development Platforms - UK
& Ireland
17
25
Back to index
Application Development Tools (Raycast)
(# Cos: 447 | $751M)
Code Development (Genesis)
(# Cos: 178 | $597M)
Low Code Development Platforms
(Stacker)
(# Cos: 130 | $583M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$300M (▲136%)
5(▼44.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$583M
25
-
130
6
Stacker
(2017, $23.0M)
Genesis
(2012, $250M)
BRYTER
(2018, $90.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Core Banking Platforms - UK & Ireland
18
26
Back to index
Banking Tech (Revolut)
(# Cos: 736 | $12.6B)
Core Banking Platforms (Thought Machine)
(# Cos: 20 | $412M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$254M (▲505%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$412M
2
-
20
1
Thought Machine
(2014, $412M)
Misys ICS Financial Systems
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Thought Machine (2014)
$54.2M - Series C - Feb 2022
$200M - Series C - Aug 2021

27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Blockchain Networks - UK & Ireland
19
27
Back to index
Blockchain Infrastructure (Elliptic)
(# Cos: 160 | $665M)
Blockchain Network (Fetch.ai)
(# Cos: 49 | $454M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$253M (▲2414%)
13(▲85.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$454M
28
-
49
5
Fetch.ai
(2017, $172M)
Radix
(2013, $4.1M)
Solrise
(2021, $3.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fetch.ai (2017)
$150M - Series A - Mar 2022
5ire (2021)
$100M - Series A - Feb 2022
Qredo (2012)
$80.0M - Series A - Feb 2022
$11.0M - Seed - May 2021
Aztec (2018)
$17.0M - Series A - Dec 2021
Adhara (2021)
$7.5M - Series A - May 2021
Solrise (2021)
$3.4M - Series A - Jul 2021
View all 13 Funding Rounds on Tracxn Platform

28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Cheminformatics Software - 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
$251M (▲56.9%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$846M
16
2
34
2
Life Sciences Tech (Dotmatics)
(# Cos: 453 | $2.1B)
Research & Development (Antiverse)
(# Cos: 350 | $2.0B)
Drug Discovery (BenevolentAI)
(# Cos: 96 | $1.2B)
Cheminformatics (Exscientia)
(# Cos: 34 | $846M)
Exscientia
(2012, $429M)
BenevolentAI
(2013, $282M)
Oxford Drug Design
(2001, $7.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Exscientia (2012)
$225M - Series D - Apr 2021
PostEra (2019)
$26.1M - Series A - Jan 2022

29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Internet First Credit Cards - 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
$246M (▲90.8%)
4(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$444M
7
-
12
4
Payments (Checkout)
(# Cos: 1349 | $9.2B)
Consumer Payments (Pockit)
(# Cos: 335 | $1.9B)
Payment Cards (Curve)
(# Cos: 173 | $1.6B)
Credit Cards (Capital On Tap)
(# Cos: 21 | $683M)
General Purpose (Zilch)
(# Cos: 12 | $444M)
Zilch
(2018, $348M)
MBNA Tymit
(2017, $5.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zilch (2018)
$110M - Series C - Sep 2021
$110M - Series B - Jun 2021
Yonder (2020)
$26.3M - Seed - Mar 2022
KEEBO (2019)
$6.9M - Seed - Aug 2021

30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Hemodialyzers - UK & Ireland
22
30
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
$245M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$363M
1
-
1
1
Nephrology (Mironid)
(# Cos: 8 | $383M)
Medical Devices (Kite Medical)
(# Cos: 7 | $376M)
Chronic Kidney Diseases (Oxyless)
(# Cos: 4 | $375M)
Renal Replacement (Peace and Quiet Care)
(# Cos: 4 | $375M)
Dialysis (Invizius)
(# Cos: 4 | $375M)
Hemodialysis (Quanta)
(# Cos: 1 | $363M)
Quanta
(2008, $363M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Quanta (2008)
$245M - Series D - Jun 2021

31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Internet First Personal Loans
Marketplace - UK & Ireland
23
31
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
$242M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$717M
10
-
43
4
Alternative Lending (Clear Score)
(# Cos: 1098 | $9.6B)
Online Lenders (SalaryFinance)
(# Cos: 778 | $8.9B)
Consumer Loans (Zilch)
(# Cos: 375 | $3.7B)
Personal Loans (Fintern)
(# Cos: 81 | $801M)
Marketplace (Lendable)
(# Cos: 43 | $717M)
Lendable
(2013, $289M)
Lending Works
(2012, $23.6M)
Koyo
(2018, $61.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lendable (2013)
$276M - Series B - Mar 2022
$798K - Series A - Apr 2021
Oakbrook (2011)
$186M - Series D - Mar 2022
Koyo (2018)
$50.0M - Series A - Sep 2021
$5.9M - Series A - Jun 2021
Plend (2019)
$969K - Seed - Sep 2021

32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
GWI (2009)
$180M - Series B - Feb 2022
Attest (2015)
$60.0M - Series B - Oct 2021
Watching That (2016)
Undisclosed - Seed - Sep 2021
Consumer Insights - UK & Ireland
24
32
Back to index
MarketingTech (Brandwatch)
(# Cos: 2601 | $2.9B)
Marketing Research (Voxpopme)
(# Cos: 173 | $560M)
Consumer Insights (Streetbees)
(# Cos: 58 | $511M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$240M (▲359%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$511M
18
-
58
7
Streetbees
(2014, $72.7M)
Voxpopme
(2012, $28.0M)
Attest
(2015, $147M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Financial Planners and Advisors for Retirement
Planning - UK & Ireland
25
33
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
$230M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$262M
5
1
17
1
Investment Tech (IHS Markit)
(# Cos: 3159 | $8.5B)
Wealth Management Platforms (Wagestream)
(# Cos: 416 | $1.6B)
Financial Planners and Advisors
(Moneyfarm)
(# Cos: 100 | $482M)
Retirement (Smart)
(# Cos: 17 | $262M)
Smart
(2014, $229M)
A J Bell
(1995, $32.0M)
My Pension Expert
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Smart (2014)
$229M - Series D - Jun 2021
Collegia (2019)
$707K - Seed - Jun 2021

34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Pension Management - UK & Ireland
26
34
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
$229M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$489M
2
-
4
2
HRTech (Sage Group)
(# Cos: 3797 | $5.0B)
Employee Benefits (Quit Genius)
(# Cos: 219 | $1.5B)
Financial Benefits (SalaryFinance)
(# Cos: 26 | $1.3B)
Pension Management (Smart
Pension)
(# Cos: 4 | $489M)
Smart Pension
(2014, $424M)
Smart Pension
(2014, $65.4M)
Now Pensions
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Smart Pension (2014)
$229M - Series D - Jun 2021

35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Wayve (2017)
$200M - Series B - Jan 2022
$13.6M - Series B - Oct 2021
Eatron (2017)
$11.0M - Series A - Sep 2021
Oxbotica (2014)
Undisclosed - Series B - Oct 2021
Autonomous Cars - UK & Ireland
27
35
Back to index
Autonomous Vehicles (Oxbotica)
(# Cos: 56 | $461M)
Self Driving Technology (FiveAI)
(# Cos: 21 | $432M)
Cars (Wayve)
(# Cos: 12 | $428M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$225M (▲249%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$428M
8
1
12
3
Wayve
(2017, $258M)
FiveAI
(2015, $77.0M)
Oxbotica
(2014, $80.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Internet First Corporate Credit Card
Issuers - UK & Ireland
28
36
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
$215M (▲975%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$239M
2
-
5
2
Payments (Checkout)
(# Cos: 1349 | $9.2B)
Consumer Payments (Pockit)
(# Cos: 335 | $1.9B)
Payment Cards (Curve)
(# Cos: 173 | $1.6B)
Credit Cards (Zilch)
(# Cos: 21 | $683M)
Corporate Cards (Capital On Tap)
(# Cos: 5 | $239M)
Capital On Tap Payhawk
(2018, $239M)
Expensemate
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Payhawk (2018)
$100M - Series B - Mar 2022
$115M - Series B - Nov 2021

37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Anti Money Laundering Software - UK &
Ireland
29
37
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
$197M (▲179%)
6(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$795M
18
-
40
8
GRC Software (Featurespace)
(# Cos: 855 | $3.2B)
Compliance (OneTrust)
(# Cos: 541 | $2.8B)
Industry (Quantexa)
(# Cos: 102 | $1.1B)
Banking & Finance (Fenergo)
(# Cos: 60 | $876M)
AML & CTF (Onfido)
(# Cos: 40 | $795M)
Onfido
(2012, $242M)
Fenergo
(2009, $181M)
Quantexa
(2016, $257M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Quantexa (2016)
$154M - Series D - Jul 2021
Shufti Pro (2017)
$20.0M - Series A - Mar 2022
PassFort Limited (2015)
$11.3M - Series A - Sep 2021
Coinfirm (2016)
$8.0M - Series A - Sep 2021
Synalogik (2018)
$4.1M - Series A - Jan 2022
KnowYourCustomer (2015)
Undisclosed - Seed - Aug 2021

38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Banking Software Suite - UK & Ireland
30
38
Back to index
Banking Tech (Revolut)
(# Cos: 736 | $12.6B)
Banking Software Suite (Finastra)
(# Cos: 59 | $375M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$197M (▲228%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$375M
11
-
59
2
Finastra FintechOS
(2017, $86.0M)
10x
(2016, $286M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
10x (2016)
$187M - Series C - Jun 2021
FintechOS (2017)
$10.0M - Series B - Aug 2021

39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Private Company Investing Platforms -
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
$190M (▲251%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$275M
4
-
21
2
Investment Tech (IHS Markit)
(# Cos: 3159 | $8.5B)
Alternative Investment Platforms (OurCrowd)
(# Cos: 428 | $948M)
Private Companies (Funderbeam)
(# Cos: 142 | $286M)
Diversified (PrimaryBid)
(# Cos: 21 | $275M)
PrimaryBid
(2012, $254M)
Funderbeam
(2013, $21.1M)
HighCastle
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PrimaryBid (2012)
$190M - Series C - Jan 2022

40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Internet First Corporate Prepaid Expense Cards -
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
$180M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$260M
2
-
11
1
Payments (Checkout)
(# Cos: 1349 | $9.2B)
Consumer Payments (Capital On Tap)
(# Cos: 335 | $1.9B)
Payment Cards (Zilch)
(# Cos: 173 | $1.6B)
Prepaid Cards (Pockit)
(# Cos: 148 | $671M)
Corporate Cards (Givve)
(# Cos: 21 | $289M)
Expense card (Soldo)
(# Cos: 11 | $260M)
Soldo
(2014, $258M)
Allstar Expend
(2013, $2.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Soldo (2014)
$180M - Series C - Jul 2021

41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Building Energy Management System -
UK & Ireland
33
41
Back to index
Property Management Tech (Plentific)
(# Cos: 549 | $657M)
Building Energy Management (geo)
(# Cos: 125 | $280M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$168M (▲3036%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$280M
27
-
125
4
geo
(2006, $5.4M)
Deepki
(2014, $177M)
Cylon
(1985, $9.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Deepki (2014)
$166M - Series C - Mar 2022
Grid Edge (2017)
$2.7M - Seed - Dec 2021
geo (2006)
Undisclosed - Series B - May 2021

42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Plastic Waste Recyclers - 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
$168M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$168M
1
-
1
1
Solid Waste Management Tech (AMCS)
(# Cos: 123 | $449M)
Recycling (Greyparrot)
(# Cos: 33 | $221M)
Tech Enabled Recyclers (Aeropowder)
(# Cos: 3 | $169M)
Plastic (Plastic Energy)
(# Cos: 1 | $168M)
Plastic Energy
(2017, $168M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Plastic Energy (2017)
$168M - Series A - Nov 2021

43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Retail Stores Software Suite - UK &
Ireland
35
43
Back to index
In Store Retail Tech (Zilch)
(# Cos: 481 | $1.4B)
Suite (Yoobic)
(# Cos: 56 | $300M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$165M (▲596%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$300M
9
-
56
3
Yoobic
(2014, $97.2M)
Peak
(2014, $124M)
Ometria
(2013, $75.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Peak (2014)
$75.0M - Series C - Aug 2021
Yoobic (2014)
$50.0M - Series C - Jul 2021
Ometria (2013)
$40.0M - Series C - Nov 2021

44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Form3 (2016)
$160M - Series C - Sep 2021
Pollinate (2017)
Undisclosed - Series C - Feb 2022
Merchant Banking - UK & Ireland
36
44
Back to index
Banking Tech (Revolut)
(# Cos: 736 | $12.6B)
Payments (Pollinate)
(# Cos: 11 | $270M)
Merchant Banking (Form3)
(# Cos: 7 | $270M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$160M (▲81%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$270M
4
-
7
2
Form3
(2016, $220M)
Pollinate
(2017, $50.0M)
Monimove
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
OTA Insight (2012)
$80.0M - Series B - Nov 2021
RateGain (2004)
$79.4M - Series B - Dec 2021
Hotel Revenue Management Software -
UK & Ireland
37
45
Back to index
Hotel IT (Mews)
(# Cos: 270 | $464M)
Pricing Engine (OTA Insight)
(# Cos: 14 | $251M)
Hotel (RateGain)
(# Cos: 14 | $251M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$159M (▲972%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$251M
6
1
14
1
RateGain
(2004, $144M)
OTA Insight
(2012, $103M)
HotelMize
(2015, $3.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Owlstone Medical (2004)
$59.0M - Series D - Sep 2021
Engitix (2016)
$54.0M - Series A - Jan 2022
Mogrify (2016)
$17.0M - Series A - May 2021
MIP Diagnostics (2015)
$9.8M - Series C - Feb 2022
Kastus (2014)
$6.7M - Series A - Jun 2021
Axol Bioscience (2013)
$4.2M - Series A - Apr 2022
Semarion (2018)
$2.9M - Seed - Feb 2022
View all 12 Funding Rounds on Tracxn Platform
Life Sciences Research Services - UK &
Ireland
38
46
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Life Sciences Platforms and Tools (Nanopore)
(# Cos: 748 | $4.7B)
Research Services (Horizon Discovery)
(# Cos: 362 | $1.7B)
Diversified (OXGENE)
(# Cos: 260 | $1.3B)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$159M (▲16.3%)
12(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
31
$1.3B
158
12
260
13
OXGENE
(2011, $26.3M)
Evonetix
(2015, $42.7M)
Healx
(2014, $68.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Gene Therapy Drugs - UK & Ireland
39
47
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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
$159M (▼40.3%)
7( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$1.5B
37
8
52
5
Genomics (Nanopore)
(# Cos: 518 | $5.2B)
Applied Genomics (Oxford Immunotec)
(# Cos: 293 | $2.9B)
Clinical Genomics (Hologic)
(# Cos: 131 | $2.7B)
Therapeutics (Gyroscope)
(# Cos: 52 | $1.5B)
Gyroscope
(2016, $255M)
Silence Therapeutics Mogrify
(2016, $37.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Microbiotica (2016)
$67.0M - Series B - Mar 2022
Gyroscope (2016)
$40.0M - Series C - Nov 2021
Mogrify (2016)
$17.0M - Series A - May 2021
MiNA Therapeutics (2008)
$15.0M - Series A - Jul 2021
Phico Therapeutics (2000)
$9.9M - Series A - May 2021
Ochre Bio (2019)
$9.6M - Seed - Jun 2021
CommBio (2019)
Undisclosed - Seed - Oct 2021

48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
White label Telehealth Platform - UK &
Ireland
40
48
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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
$154M (▲77%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$287M
9
-
50
3
Healthcare IT (Birdie)
(# Cos: 2340 | $2.4B)
Provider (DeepMind)
(# Cos: 1692 | $1.3B)
Telemedicine Solutions (Oviva)
(# Cos: 132 | $426M)
Tele-health Platform
(LetsGetChecked)
(# Cos: 50 | $287M)
LetsGetChecked
(2014, $265M)
Signum Health
(2016, $2.0M)
eConsult
(2011, $16.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LetsGetChecked (2014)
$150M - Series D - Jun 2021
Tooth Fairy (2018)
$4.1M - Seed - Sep 2021

49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Salon Booking Platforms - UK & Ireland
41
49
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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
$153M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$226M
14
-
102
1
Local Services (Plentific)
(# Cos: 1341 | $845M)
Personal Wellness Services (Urban)
(# Cos: 321 | $288M)
Beauty (Treatwell)
(# Cos: 190 | $276M)
Appointment Booking (Wahanda)
(# Cos: 164 | $276M)
Parlour Booking (Fresha)
(# Cos: 102 | $226M)
Fresha
(2018, $184M)
Wahanda
(2008, $34.5M)
Treatwell
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fresha (2018)
$52.5M - Series C - Dec 2021
$100M - Series C - Jun 2021

50. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Traditional Data Integration - UK &
Ireland
42
50
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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
$150M (▲49.4%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$312M
3
-
12
1
Business Intelligence (Arria)
(# Cos: 425 | $677M)
Data Preparation (Datactics)
(# Cos: 83 | $407M)
Integration (Import.io)
(# Cos: 35 | $350M)
Traditional (Matillion)
(# Cos: 12 | $312M)
Matillion
(2011, $312M)
NStack BPI-Unitek
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Matillion (2011)
$150M - Series E - Sep 2021

51. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Improbable (2012)
$150M - Series D - Apr 2022
Gaming Engines - UK & Ireland
43
51
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Gaming Tech (Polystream)
(# Cos: 314 | $1.2B)
Development (Speech Graphics)
(# Cos: 83 | $1.1B)
Game Engines (Improbable)
(# Cos: 43 | $990M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$150M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$990M
15
-
43
1
Improbable
(2012, $977M)
PlayCanvas
(2011, $503K)
YoYo Games
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
ContractPod Technologies (2013)
$115M - Series C - Sep 2021
Juro (2016)
$23.0M - Series B - Jan 2022
Robin (2019)
$3.3M - Seed - Dec 2021
$2.5M - Seed - Jul 2021
Contract Lifecycle Management - UK &
Ireland
44
52
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Legal Tech (Lexoo)
(# Cos: 626 | $986M)
Legal Contract Management (Luminance AI)
(# Cos: 61 | $325M)
Contract Lifecycle Management (Juro)
(# Cos: 15 | $265M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$144M (▲8884%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$265M
8
-
15
5
Juro
(2016, $31.5M)
ContractPod Technologies
(2013, $170M)
ContractPodAi
(2012, $55.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Retail POS Solutions - UK & Ireland
45
53
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In Store Retail Tech (Zilch)
(# Cos: 481 | $1.4B)
POS (Pointy)
(# Cos: 156 | $171M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$141M (▲4600%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$171M
25
-
156
1
Pointy
(2014, $19.3M)
V7
(2018, $3.0M)
Nobly Point Of Sale
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
DNA Payments (2018)
$141M - Series D - Jun 2021

54. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Beamery (2014)
$138M - Series C - Jun 2021
Smart Recruit Online (2010)
$894K - Seed - Jun 2021
Applicant Tracking System - UK &
Ireland
46
54
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HRTech (Sage Group)
(# Cos: 3797 | $5.0B)
Applicant Tracking System (Arctic Shores)
(# Cos: 459 | $287M)
Suite (Beamery)
(# Cos: 210 | $177M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$139M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$177M
22
-
210
2
Beamery
(2014, $173M)
Peoplise Yapjobs
(2015, $1.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Payroll Management - UK & Ireland
47
55
Back to index
HRTech (Sage Group)
(# Cos: 3797 | $5.0B)
Payroll Management (CloudPay)
(# Cos: 97 | $480M)
Taxonomy
$ Invested in last 1 year in UK &
Ireland Tech
Key Stats
# Funding Rounds in last 1 year in UK &
Ireland Tech
$137M (▲159%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$480M
18
-
97
7
CloudPay
(1996, $106M)
Omnipresent
(2019, $120M)
Pento
(2016, $54.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CloudPay (1996)
$58.0M - Series D - Aug 2021
Pento (2016)
$35.0M - Series B - Dec 2021
$15.6M - Series A - May 2021
Dopay (2013)
$18.0M - Series A - Sep 2021
Payslip (2016)
$10.1M - Series A - May 2021
Mistho (2021)
$3.3M - Seed - Mar 2022
Omnipresent (2019)
Undisclosed - Series B - Mar 2022

56. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
UK & Ireland Tech - Top Business Models Report
Recent Funding Rounds
Ultrasonic Haptics - UK & Ireland
48
56
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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
$132M (▲889%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$275M
2
-
3
2
Haptic Technology (FundamentalVR)
(# Cos: 20 | $293M)
Tactile Feedback (H-Reality)
(# Cos: 5 | $275M)
Contactless Haptics (Ultrahaptics)
(# Cos: 3 | $275M)
Ultrasound (Ultraleap)
(# Cos: 3 | $275M)
Ultraleap
(2013, $190M)
Ultrahaptics
(2013, $85.2M)
H-Reality
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ultraleap (2013)
$82.0M - Series D - Nov 2021
$50.0M - Series D - Jul 2021

57. UK & Ireland Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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UK & Ireland Tech - Top Business Models Report
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