What investment strategy does Funding London focus on?

Funding London focuses on VC strategies in the private equity space.

How many portfolio companies does Funding London have?

Funding London has 3 active portfolio companies and 1 completed exit and 1 fund tracked on GP Intel.

Where is Funding London headquartered?

Funding London is headquartered in London, United Kingdom.

What is Funding London's assets under management?

Funding London manages approximately €32M in assets under management.

When was Funding London founded?

Funding London was founded in 2004.

What sectors does Funding London invest in?

Funding London invests across Software, TMT, Healthcare, Financials.

Home/GPs/Funding London

Funding London

London, United Kingdom·Founded 2004·

Venture Capital

·fundinglondon.co.uk

Funding London is the trading name of SME Wholesale Finance (London) Limited (Companies House 05165896), a GLA-backed public investor incorporated in June 2004 as an arms-length entity, originally set up by the London Development Agency to bridge the funding gap for early-stage London SMEs. It manages the London Co-Investment Fund (LCIF), a GBP 25 million direct seed and pre-seed co-investment fund launched in 2014 with backing from the Mayor of London, which has supported 155-plus London technology, digital and science businesses with GBP 27 million deployed including reinvested exit proceeds (TVPI 2.2x, DPI 0.40x as at September 2023). In September 2023 Funding London merged operations with London Treasury Limited under Sir Harvey McGrath; it is not independently authorised by the FCA as an AIFM but operates under the GLA governance framework.

AUM

€32M

Funds

vintages 2014

Portfolio

Exits

SectorsSoftwareTMTHealthcareFinancials

Key facts

HQLondon, United Kingdom

Founded2004

Websitefundinglondon.co.uk

Recent exits

MyRecovery

HealthTech · 2022 · 7yr hold

Coverage notes

1 fund tracked, 4 portfolio companies (3 active · 1 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Funding London has raised, with its portfolio companies. Hand-checked from public filings.

1 fund

London Co-Investment FundImpact

2014 · 12yr€32M3 active · 1 realized

Unrealized

3 held

Company	Sector	Geo	Entry
Cognism	SaaS	UK	2019
Thriva	HealthTech	UK	2017
Wagestream	Fintech	UK	2018

CognismActive

SaaSUK· Entry 2019

ThrivaActive

HealthTechUK· Entry 2017

WagestreamActive

FintechUK· Entry 2018

Realized

1 exit

Company	Sector	Geo	Entry	Exit	Type	Buyer	MOIC
MyRecovery	HealthTech	UK	2015	2022	Trade Sale		–

MyRecoveryExited 2022

HealthTechUK· Entry 2015

Trade Saleto

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About Funding London

Funding London is London's economic development venture investor with approximately £150 million across managed funds as of December 2024, headquartered in London at 330 Holborn Gate, High Holborn. The firm was founded in 2004 and is backed by the Greater London Authority and the Mayor of London, operating as a state-backed evergreen venture vehicle funded by the UK Government and the Mayor of London.

Investment thesis

Funding London deploys capital through approximately three to four funds (Greater London Investment Fund £100 million, London Co-Investment Fund plus loan sub-funds), targeting fund-of-funds and co-investment that deploys venture equity and SME loan capital into early-stage London businesses to bridge the funding gap, with emphasis on backing underrepresented founders. Sector focus spans fintech, AI and generative AI, energy efficiency and cleantech, supply chain tech, deep tech and software. Geographic deployment is Greater London only. The platform channels public capital and crowds in private co-investment for capital-constrained London startups.

Recent activity

Recent realised exits include autonomy and computer-vision software (2025) plus two earlier GLIF portfolio exits (2024). Recent acquisitions include a generative-AI video platform co-investment, wealthtech and investment-infrastructure (2024-2025) and pre-seed fintech (2024). The platform continues active deployment across the Greater London early-stage mandate. Detailed buyer names and multiple data available on Pro at €29/month.