United Kingdom · Venture startup

Who invested in Flagstone

3 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial ServicesFintech

Funding summaryUpdated 26 Oct 2026

$271Mraised across 3 rounds since 2019, from 3 sources

$14MRound$138MGrowth$119MVenture
Latest round
Venture, $119MJun 2024
Biggest round
$138MGrowth · Mar 2024
Investors
4
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20202021202220232024
$14MRound$138MGrowth$119MVenture
First round
Round, $14M
May 2019
Biggest round
$138M
Growth · Mar 2024
Usual gap between rounds
4.8 years
the median of 2

The rounds

  1. Jun 2024
    Venture$119M2 returning

    Source recordedSEC filing: $118M sold, first sale Jun 2024

  2. Mar 2024
    Growth$138M1 new1 returning

    Source recordedSEC filing: $118M sold, first sale Jun 2024

  3. May 2019
    Round$14M3 new

    Reported by FinSMEs

Founders and team

From Flagstone's own website: 2 founders, 7 on the team.

Andrew ThatcherCo-Founder and Non-Executive Director
Simon MerchantCo-Founder and Chairman
  • Arman TahmassebiChief Executive Officer
  • Darren BentleyChief Growth Officer
  • Francesco FulcoliChief Compliance and Risk Officer
  • John MartinChief Product Officer
  • Lakhbir SandhuChief Financial Officer
  • Lee ProvoostChief Technology Officer
  • Susanna BrownChief People Officer

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Round2019Growth2024Venture2024Kindred CapitalOmers VenturesVentureFoundersMoneysupermarket Group

Everyone who backed them

Kindred CapitalVC firm3rounds
Omers VenturesVC firm2rounds
VentureFoundersVC firm1round
Moneysupermarket Groupno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Flagstone

Who invested in Flagstone?

Flagstone's investors include Kindred Capital, Omers Ventures, VentureFounders and Moneysupermarket Group.

How much has Flagstone raised?

Flagstone has raised $271M across 3 rounds since 2019.

When did Flagstone last raise?

Flagstone's most recent round was a Venture of $119M in Jun 2024.

What was Flagstone's biggest round?

Flagstone's largest round on record is $138M (Growth), in Mar 2024.

Who backed Flagstone first?

Flagstone's first round on record, in May 2019, was backed by Kindred Capital, VentureFounders and Moneysupermarket Group.

What stage is Flagstone at?

Flagstone's latest named round is a Venture, in Jun 2024.

Where is Flagstone based?

Flagstone is based in the United Kingdom.

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