# Nutshell Asset Management funding: rounds and investors

> Nutshell Asset Management has raised $3.6M across 3 rounds since 2022. Every round with its source.

Source: https://millionrounds.com/company/nutshell-asset-management (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Nutshell Asset Management*

3 rounds we have observed, with the 0 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.

Professional Services

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Funding summary Updated 15 Nov 2026

**$3.6M** raised across 3 rounds since 2022, from 3 sources

**$173K** Round **$184K** Round **$3.3M** Round

- **Latest round:** Round, $3.3M Jan 2025
- **Step-up i:** 17.9×
- **Investors:** 0

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.

2023 2024 2025

**$173K** Round

**$184K** Round

**$3.3M** Round

- **First round:** Round, $173K
- **Biggest round:** $3.3M
- **Usual gap between rounds:** 16 months

## The rounds

- **Jan 2025** Round **$3.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2023** Round **$184K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2022** Round **$173K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Nutshell Asset Management filed 3 raises, $3.6M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2025 **$3.3M** UK share allotment
- Sept 2023 **$184K** UK share allotment
- Nov 2022 **$173K** UK share allotment

## Founders and team

From Nutshell Asset Management's own website: 3 on the team.

- **Mark Ellis** CEO & Cio
- **Stephen Hutt** Head Of Quantitative Research
- **Dr Haris Choudhary** Analyst

## Quick answers about Nutshell Asset Management

### How much has Nutshell Asset Management raised?

Nutshell Asset Management has raised $3.6M across 3 rounds since 2022.

### When did Nutshell Asset Management last raise?

Nutshell Asset Management's most recent round, $3.3M, was in Jan 2025.

### What was Nutshell Asset Management's biggest round?

Its most recent round, $3.3M in Jan 2025, is also its largest on record.

### Where is Nutshell Asset Management based?

Nutshell Asset Management is based in the United Kingdom.

## Companies like Nutshell Asset Management

In the same sector, and raised in the last eighteen months.

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