# Nutmeg funding: rounds and investors > Nutmeg has raised $147M across 5 rounds since 2012. Investors include Balderton Capital, Schroders and Draper Associates. Every round with its source. Source: https://millionrounds.com/company/nutmeg (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Funded startup](https://millionrounds.com/companies) # Who invested in *Nutmeg* 5 rounds we have observed, with the 12 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. Fintech Funding summary Updated 26 Oct 2026 **$147M** raised across 5 rounds since 2012, from 5 sources **$5.3M** Series A **$32M** Series B **$37M** Round **$15M** Series D **$58M** Round - **Latest round:** Round, $58M Jan 2019 - **Step-up i:** 3.9× - **Investors:** 12 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. 2013 2014 2015 2016 2017 2018 2019 **$5.3M** Series A **$32M** Series B **$37M** Round **$15M** Series D **$58M** Round - **First round:** Series A, $5.3M - **Biggest round:** $58M - **Usual gap between rounds:** 2.1 years ## The rounds - **Jan 2019** Round **$58M** *1 new* Goldman Sachs Group Reported by Euronews - **Dec 2016** Series D **$15M** *1 new* [Taipei Fubon Bank](https://millionrounds.com/fund/taipei-fubon-bank) Reported by FinSMEs - **Nov 2016** Round **$37M** *1 new* *2 returning* [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Schroders](https://millionrounds.com/fund/schroders) [Convoy](https://millionrounds.com/fund/convoy) Reported by FinSMEs - **Jun 2014** Series B **$32M** *6 new* [Draper Associates](https://millionrounds.com/fund/draper-associates) [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Tim Draper](https://millionrounds.com/fund/tim-draper) [Schroders](https://millionrounds.com/fund/schroders) [Daniel Aegerter](https://millionrounds.com/fund/daniel-aegerter) [Charles Dunstone](https://millionrounds.com/fund/charles-dunstone) From a historical funding record - **Jun 2012** Series A **$5.3M** *3 new* [Pentech Ventures](https://millionrounds.com/fund/pentech-ventures) [Timothy Draper](https://millionrounds.com/fund/timothy-draper) [Armada Investment](https://millionrounds.com/fund/armada-investment) Reported by techcrunch.com ## 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. **Series A** 2012 **Series B** 2014 **Round** 2016 **Series D** 2016 **Round** 2019 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Schroders](https://millionrounds.com/fund/schroders) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Tim Draper](https://millionrounds.com/fund/tim-draper) [Pentech Ventures](https://millionrounds.com/fund/pentech-ventures) [Timothy Draper](https://millionrounds.com/fund/timothy-draper) [Armada Investment](https://millionrounds.com/fund/armada-investment) [Convoy](https://millionrounds.com/fund/convoy) [Daniel Aegerter](https://millionrounds.com/fund/daniel-aegerter) [Charles Dunstone](https://millionrounds.com/fund/charles-dunstone) ## The exit Exit Buyer Price When Acquired Giphy undisclosed Mar 2015 From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=nutmeg). ## Everyone who backed them [Balderton Capital](https://millionrounds.com/fund/balderton-capital) VC firm **2** rounds [Schroders](https://millionrounds.com/fund/schroders) Investment firm **2** rounds [Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **1** round [Tim Draper](https://millionrounds.com/fund/tim-draper) VC firm **1** round [Pentech Ventures](https://millionrounds.com/fund/pentech-ventures) VC firm **1** round [Timothy Draper](https://millionrounds.com/fund/timothy-draper) Angel **1** round [Armada Investment](https://millionrounds.com/fund/armada-investment) Family office **1** round [Convoy](https://millionrounds.com/fund/convoy) Company **1** round [Daniel Aegerter](https://millionrounds.com/fund/daniel-aegerter) Angel **1** round [Charles Dunstone](https://millionrounds.com/fund/charles-dunstone) Angel **1** round [Taipei Fubon Bank](https://millionrounds.com/fund/taipei-fubon-bank) Growth equity **1** round Goldman Sachs Group no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nutmeg). ## Quick answers about Nutmeg ### Who invested in Nutmeg? Nutmeg's investors include Balderton Capital, Schroders, Draper Associates, Tim Draper and Pentech Ventures, and 7 more on record. ### How much has Nutmeg raised? Nutmeg has raised $147M across 5 rounds since 2012. ### When did Nutmeg last raise? Nutmeg's most recent round was an Undisclosed round of $58M in Jan 2019. ### What was Nutmeg's biggest round? Its most recent round, $58M in Jan 2019, is also its largest on record. ### Who backed Nutmeg first? Nutmeg's first round on record, in Jun 2012, was backed by Pentech Ventures, Timothy Draper and Armada Investment. ### What stage is Nutmeg at? Nutmeg's latest named round is an Undisclosed round, in Jan 2019. ### Where is Nutmeg based? Nutmeg is based in the United Kingdom. ## Companies like Nutmeg In the same sector, and raised in the last eighteen months. [**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**PlannerPal** $6.0M · Oct 2026](https://millionrounds.com/company/plannerpal)[**givestar** $12M · Sept 2026](https://millionrounds.com/company/givestar) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app