Balderton Capital

Balderton Capital has long been a prominent name in the UK's startup scene, known for its laser-sharp focus on early-stage European technology companies. Founded in 2000 and headquartered in a distinctive converted stable near London's King's Cross, Balderton has built a reputation as Europe's most active Series A investor. The firm, led by managing partner Bernard Liautaud (founder of Business Objects) and notable partners such as Suranga Chandratillake, Tim Bunting, and Rob Moffat, stands out with its collaborative, equal-partnership model. This structure ensures founders benefit from collective partner expertise, rather than relying on a single individual.

Balderton’s standout strength lies in its deep commitment to early-stage tech. They’re known for spotting transformative startups early—often investing at Series A or even seed rounds—and sticking by them through successive stages. Their substantial funds, including a dedicated growth fund, allow them to support companies from initial investment right through to IPO. This long-term support makes Balderton particularly attractive for founders seeking investors committed to sustained growth rather than quick returns.

UK founders will quickly recognize many names from Balderton’s impressive portfolio. High-profile investments include fintech heavyweight Revolut, payments innovator GoCardless, transport app Citymapper, and cybersecurity firm Darktrace, which achieved a multi-billion-pound IPO. Balderton was also instrumental in the early stages of Depop, the fashion marketplace sold to Etsy for $1.6 billion.

The firm’s investment approach is founder-centric. Balderton partners openly emphasize the importance of exceptional founders and clear signs of early product-market fit. Managing Partner Bernard Liautaud describes Series A funding as the critical moment when startups demonstrate readiness to scale. Founders approaching Balderton should be prepared to showcase robust commercial traction, a compelling vision for dominating their market, and a strong founding team with proven execution capabilities. Typical investment tickets range from $1 million to $20 million, often with Balderton leading or co-leading rounds.

Working with Balderton goes beyond just securing funding. They’re active, hands-on partners, leveraging their extensive network and dedicated operational resources to support portfolio companies in scaling. From executive recruitment and operational guidance to strategic market advice, Balderton provides tangible, practical support. The firm’s culture emphasizes founder wellbeing, offering a dedicated Founder Wellbeing & Performance Programme, underscoring their belief that founder health and company health go hand-in-hand.

Portfolio founders consistently highlight Balderton's collaborative, supportive approach. Balderton takes pride in being a go-to partner for ambitious founders across Europe. For UK entrepreneurs seeking an investor who combines substantial financial backing with meaningful strategic and personal support, Balderton remains a leading option.