# Perch Group funding: rounds and investors

> Perch Group has raised $789M across 3 rounds since 2023. Investors include Quilam Capital, Paragon Bank and Shawbrook Bank Limited. Every round with its source.

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

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

# Who invested in *Perch Group*

3 rounds we have observed, with the 8 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.

Asset Management Fintech

Funding summary Updated 26 Oct 2026

**$789M** raised across 3 rounds since 2023, from 5 sources

**$112M** Debt **$276M** Debt **$402M** Debt

- **Latest round:** Debt, $402M Jul 2025
- **Led by:** NatWest Group PLC
- **Step-up i:** 1.5×
- **Investors:** 8 (1 led)

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.

2024 2025

**$112M** Debt

**$276M** Debt

**$402M** Debt

- **First round:** Debt, $112M
- **Biggest round:** $402M
- **Usual gap between rounds:** 12 months

## The rounds

- **Jul 2025** Debt **$402M** *3 new* *3 returning* [NatWest Group PLC](https://millionrounds.com/fund/natwest-group-plc) Lead [Quilam Capital](https://millionrounds.com/fund/quilam-capital) [Lloyd's](https://millionrounds.com/fund/lloyd-s) [Paragon Bank](https://millionrounds.com/fund/paragon-bank) [Shawbrook Bank Limited](https://millionrounds.com/fund/shawbrook-bank-limited) [Hampshire Trust Bank PLC](https://millionrounds.com/fund/hampshire-trust-bank-plc) Reported by Firms' own news pages and 1 other
- **Sept 2024** Debt **$276M** *5 new* [Quilam Capital](https://millionrounds.com/fund/quilam-capital) [Paragon Bank](https://millionrounds.com/fund/paragon-bank) [Hampshire Trust Bank](https://millionrounds.com/fund/hampshire-trust-bank) [NatWest](https://millionrounds.com/fund/natwest) [Shawbrook Bank Limited](https://millionrounds.com/fund/shawbrook-bank-limited) Reported by Firms' own news pages and 1 other
- **Sept 2023** Debt **$112M** No investor was named in the report. Source recorded

## 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.

**Debt** 2023 **Debt** 2024 **Debt** 2025 [Quilam Capital](https://millionrounds.com/fund/quilam-capital) [Paragon Bank](https://millionrounds.com/fund/paragon-bank) [Shawbrook Bank Limited](https://millionrounds.com/fund/shawbrook-bank-limited) [NatWest Group PLC](https://millionrounds.com/fund/natwest-group-plc) L [Lloyd's](https://millionrounds.com/fund/lloyd-s) [Hampshire Trust Bank](https://millionrounds.com/fund/hampshire-trust-bank) [NatWest](https://millionrounds.com/fund/natwest) [Hampshire Trust Bank PLC](https://millionrounds.com/fund/hampshire-trust-bank-plc)

## Everyone who backed them

[Quilam Capital](https://millionrounds.com/fund/quilam-capital) VC firm **2** rounds

[Paragon Bank](https://millionrounds.com/fund/paragon-bank) Investment firm **2** rounds

[Shawbrook Bank Limited](https://millionrounds.com/fund/shawbrook-bank-limited) Investment firm **2** rounds

[NatWest Group PLC](https://millionrounds.com/fund/natwest-group-plc) Investment firm **1** round, led 1

[Lloyd's](https://millionrounds.com/fund/lloyd-s) Accelerator **1** round

[Hampshire Trust Bank](https://millionrounds.com/fund/hampshire-trust-bank) Investment firm **1** round

[NatWest](https://millionrounds.com/fund/natwest) Investment firm **1** round

[Hampshire Trust Bank PLC](https://millionrounds.com/fund/hampshire-trust-bank-plc) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=perch-group).

## Quick answers about Perch Group

### Who invested in Perch Group?

Perch Group's investors include Quilam Capital, Paragon Bank, Shawbrook Bank Limited, NatWest Group PLC and Lloyd's, and 3 more on record. NatWest Group PLC led its latest round.

### How much has Perch Group raised?

Perch Group has raised $789M across 3 rounds since 2023.

### When did Perch Group last raise?

Perch Group's most recent round was a Debt of $402M in Jul 2025, led by NatWest Group PLC.

### What was Perch Group's biggest round?

Its most recent round, $402M in Jul 2025, is also its largest on record.

### Who backed Perch Group first?

Perch Group's first round on record, in Sept 2024, was backed by Quilam Capital, Paragon Bank and Hampshire Trust Bank and 2 others.

### What stage is Perch Group at?

Perch Group's latest named round is a Debt, in Jul 2025.

### Where is Perch Group based?

Perch Group is based in the United Kingdom.

### Who led Perch Group's rounds?

NatWest Group PLC led the Debt in 2025.

## Companies like Perch Group

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)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**PlannerPal** $6.0M · Oct 2026](https://millionrounds.com/company/plannerpal)[**givestar** $12M · Sept 2026](https://millionrounds.com/company/givestar)

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