When was Tech Nation founded?

Tech Nation was founded in 2011.

Where is Tech Nation's headquarters located?

Tech Nation's headquarters is located in London ( United Kingdom ).

How big is Tech Nation's investment team?

Tech Nation has a team of 36, including 5 partners.

How many companies has Tech Nation invested in?

Tech Nation has invested in 148 companies, including Wise & Tide.

Which companies has Tech Nation invested in lately?

ICI CARE & Reath are the latest investments by Tech Nation.

How many exits has Tech Nation been involved in?

Tech Nation's portfolio has seen 2 IPOs and 17 acquisitions.

How many unicorns are there in Tech Nation's portfolio?

There are 4 unicorns in Tech Nation's portfolio.

Tech Nation - 2025 Investor Profile, Team & Investment Trends - Tracxn

Most viewed in 2019

Tech Nation, an accelerator and incubator program founded in 2011, is based in London, United Kingdom. With a presence in 3 countries, it has supported around 148 startups in sectors like Enterprise Applications, High Tech. As of May 2025, Tech Nation has 4 unicorns under its belt and has witnessed 19 portfolio exits. Most notable companies in its portfolio include Wise, Tide and Wagestream. The program is backed by a team of 36 people who primarily support Seed startups based in United Kingdom. Its latest investment was a Undisclosed Seed round in ICI CARE on Sep 29, 2021.

Key Metrics

Founded Year

2011

Location

London, United Kingdom

Portfolio Companies

Wise, Tide & 146 more

Sectors of Investment

Enterprise Applications, High Tech & 35 more

Stages of Investment

Grant (prize money) & Seed

Locations of Investment

United Kingdom, United States & 1 more

Unicorn in Portfolio

Multiverse, Marshmallow & 2 more

Tech Nation has a portfolio of 148 companies. Their latest investment was in ICI CARE(Seed Round) on Sep 29, 2021. They have 4 unicorns in their portfolio. Unicorns include Multiverse, Marshmallow, Zepz. They have had 7 portfolio exits. Most notable exits include Wise, Cazoo and .

View all companies in Tech Nation's Portfolio

Tech Nation has invested in 148 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in ICI CARE.

Here are Tech Nation's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	0	0	0
2024	0	0	0
2023	0	0	0
2022	0	0	0
2021	3	0	3
2020	0	0	0
2019	15	0	15
2018	2	0	2

View all investments by Tech Nation

Tech Nation has made 10 investments in Grant (prize money) stage with an average round size of $5.28K and 10 investments in Seed stage with an average round size of $433K.

Here are Tech Nation's investments by stage:

Note: We have considered here, only first round of investments

Stage of entry	No. of Investments
Grant (prize money)	10
Seed	10

View all investments by Tech Nation

Tech Nation has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Artificial Intelligence - Industry Applications and HealthTech. Notably, it has invested in 119 Tech companies, 89 Enterprise (B2B) companies, 59 Software companies and at least 49 companies focusing on Consumer (B2C).

Here are Tech Nation's investments by sector:

Note: We have considered here, only first round of investments

Sector	No. of Investments
Enterprise Applications	11
High Tech	8
FinTech	6
Artificial Intelligence - Industry Applications	3
HealthTech	3
Others	22

View all investments by Tech Nation

Tech Nation has made most investments in United Kingdom (19), followed by United States where it has made 1 investment.

Here are Tech Nation's investments by geography:

Note: We have considered here, only first round of investments

Country	No. of Investments
United Kingdom	19
United States	1

View all investments by Tech Nation

Tech Nation has not made any investment in 2025 so far.

Here are the most recent investments by Tech Nation:

Date	Company	Location	Round Details	Round Amount	Co-Investors
Sep 29, 2021	ICI CARE	United Kingdom	Seed	Undisclosed	-
Jul 07, 2021	Reath	United Kingdom	Seed	$433K	Techstart Ventures [+2]
Mar 31, 2021	Giki	United Kingdom	Seed	Undisclosed	-
Sep 09, 2019	Codec	United Kingdom	Seed	Undisclosed	-
Sep 05, 2019	Kani Payments	United Kingdom	Seed	Undisclosed	-

See more recent investments made by Tech Nation

Tech Nation has 4 unicorns in its portfolio - Multiverse, Marshmallow, Zepz and others. The most recent unicorn in their portfolio is Multiverse. It became a unicorn in 2022, -3 years after Tech Nation first invested in it.

Here is a list of unicorns in Tech Nation's portfolio:

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
76	Multiverse	Online apprenticeship discovery platform	2016	Enterprise Applications [+1]	London	Series D	nogt{jp
75	Marshmallow	App-based auto insurance platform for individuals	2017	Consumer [+4]	London	Series C	jt{vffv
58	Zepz	App-based wallet for P2P cross-border payments	2010	FinTech	London	Series F	budgzsp
56	Tractable	AI-based vehicle inspection solutions for insurers and the automotive industry	2014	Enterprise Applications [+4]	London	Series E	iyuanws

View more details about unicorns in Tech Nation's portfolio

2 of Tech Nation's portfolio companies have become public. Wise got listed on the London Stock Exchange (LSE), Frankfurt Stock Exchange (FRA), in Jul 2021 at marketcap of $11B and Cazoo got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.

Here are Tech Nation's portfolio companies that went public:

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Wise	Jul 07, 2021	-	-	-
Cazoo	Dec 18, 2020	-	-	-

View more details about public companies in Tech Nation's portfolio

17 companies from Tech Nation's portfolio have been acquired. The most recent acquisition were BigChange in Oct 2024 by SIMPRO.

Here are Tech Nation's portfolio companies that got acquired most recently:

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
BigChange	Oct 25, 2024	Mar 07, 2018	Seed	Undisclosed
Coinfirm	May 21, 2024	Sep 06, 2018	Seed	Undisclosed
Hopin	Apr 11, 2024	-	-	-
Baselime	Apr 05, 2024	-	-	-
Sorted	Jan 31, 2024	-	-	-

View all acquired companies in Tech Nation's portfolio

Tech Nation has a team of 36 members including 5 Partners and 2 Principals located in United Kingdom, United States and 1 more locations. Tech Nation's team sits on the board of 1 company.

Here is a list of top team members in Tech Nation:

Name	Designation	Location	Board Memberships	Contact details
Gerard Grech	Partner	United Kingdom	-	1 Email
Paul Smith	Partner	London	-	-
Amy Weatherup	Partner	Cambridge	-	-
Matthew Brigden	Partner	Redhill	-	-
Joe Scarboro	Partner	London	-	-
Shanza Ghafoor	Principal	Lahore	-	-
Imogen Granger	Principal	London	-	1 Email
Brent Hoberman	Advisor	London	MADE.COM and Shazam	2 Emails
Tom Hulme	Advisor	London	-	1 Email
Annette Wilson	Advisor	London	-	-
Oliver Kent-Braham	Advisor	London	Marshmallow	1 Email

View team details of Tech Nation

Over the past 7 years, 76 investors have co-invested in Tech Nation's portfolio companies.

Invested before Tech Nation: Mark Adlestone, Nick Rendell and 39 others have invested in rounds before Tech Nation. There are 1 company where Mark Adlestone has invested before Tech Nation and 1 company where Nick Rendell has invested before Tech Nation.
Top Co-investors of Tech Nation: 3 investors entered a company along with Tech Nation. These include investors like Techstart Ventures (1 company).
Invested after Tech Nation: A total of 32 investors have invested in Tech Nation's portfolio after their investments. Top Investors include Gov.uk (2 companies) and Index Ventures (1 company).